Coinbase is Acquiring the Solana-Based DEX Vector.

Coinbase is acquiring Vector, an online trading platform based on Solana. With this acquisition, the Vector team will be integrated into Coinbase's consumer trading unit. At the same time, there are plans to shut down independent applications.

This agreement marks Coinbase's ninth acquisition by 2025. Previous purchases include significant amounts such as 375 million dollars for Echo and 2.9 billion dollars for Deribit.

The addition of Vector comes as Solana DEX trading volume exceeds 1 trillion dollars this year. This situation supports Coinbase's goal of creating an "everything exchange" with faster token access and enhanced trading capabilities.