Coinbase Launches Solana DEX Trading to 100 Million Users

Coinbase says millions of new on-chain assets should be accessible to all users, expanding Solana’s exposure through a simple in-app interface.

Coinbase has started expanding its native support for Solana and is introducing Solana-based DEX trading directly into its app.

The move gives the exchange’s 100 million users immediate access to any token launched on Solana, without waiting for listings, and marks one of Coinbase’s most aggressive moves yet into permissionless markets, positioning Solana as a top priority in its broader product strategy.

Coinbase offers full Solana token access to its app

During a presentation at Solana Breakpoint 2025, Andrew, a protocol specialist at Coinbase, said: explained that the company wants to make the fast-growing Solana ecosystem easily accessible to everyday users.

“Millions of assets are launched on-chain every day, and we believe these should be accessible to all our users,” he said.

According to him, Coinbase has now integrated DEX trading natively, meaning the app “supports the same easy-to-use interface… that now allows you to trade any token on Solana.”

He added that users can pay with USDC, cash, bank accounts or debit cards, while builders will no longer need a formal listing as long as their tokens have sufficient liquidity.

“For our users, this means early access to millions of tokens,” he added. “For publishers and builders… you can be accessible to the millions of users on Coinbase without being listed.”

Solana Foundation strengthened the announcement on

At the same time Solana marked the launch of Phoenix Perpetuals by Ellipsis Labs, adding to the momentum around the Solana-native trading infrastructure.

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Market reaction

Despite the positive news cycle, SOL’s share price has lost ground over the past month. At the time of writing, the token was trading around $131, having dropped around 6% in the past 24 hours and almost 9% during the week.

The decline extends to a deeper 20% decline over 30 days, part of a broader slowdown that has sent SOL down about 40% from a year ago. Still, trading volume remains high over the day at over $7.4 billion, reflecting active participation even during the pullback.

The broader context still matters. Solana is coming out of a period of strong ecosystem expansion accompanied by increasing institutional interest, with Invesco Galaxy’s Solana ETF reportedly about to launch, and growing interest in new DeFi instruments.

The news is also encouraging for Coinbase, especially after reports nearly a month ago revealed the collapse of the planned $2 billion acquisition of stablecoin startup BVNK. Giving the estimated 100 million users direct access to each Solana token marks an important step for both companies and sets the stage for tougher competition on on-chain trading platforms.