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 integrate into Coinbase's consumer trading unit. At the same time, it is planned to shut down independent applications.

This deal 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 "all-in-one exchange" through faster token access and improved trading capabilities.