Coinbase Unlocks DEX Access for Every Solana Token

Coinbase just dropped one of the biggest Solana updates of the year. The exchange will now let its 100 million users trade any Solana token directly through a built-in DEX, without needing a traditional listing. The announcement landed during Solana Breakpoint and immediately sent a ripple through the ecosystem. With this move, Coinbase is essentially turning its app into a universal Solana trading portal. One that connects users straight to on-chain liquidity while keeping the familiar UI that retail traders rely on.

Solana Tokens Become Instantly Tradable for Millions

During the Breakpoint keynote, Coinbase Protocol Specialist Andrew explained the shift in simple terms: assets launch on-chain every day. But users rarely access them safely at launch. Coinbase wants to change that. The app now pulls liquidity straight from Solana-based DEXs. That means users can search, trade and pay using USDC, a bank account, or even a debit card. Then receive the tokens directly in their wallets.

BREAKING: @coinbase to allow users to trade all Solana tokens through a DEX , without listings 🔥 pic.twitter.com/IyQ5IXHGgR

— Solana (@solana) December 11, 2025

“No listings required,” Andrew said. “If you mint a token and it has liquidity, it becomes accessible to millions of users instantly.” For developers, this removes a major barrier. Builders no longer need a centralized listing to reach global traders. Also, for users, it means early exposure to new Solana assets without leaving the Coinbase environment.

Coinbase Expands Deeper Into the Solana Ecosystem

Coinbase is not just adding DEX swaps. The company confirmed that it is expanding native Solana support inside the app. Soon, users will be able to view Solana assets like they do Ethereum or Bitcoin, not as a secondary feature. But as a core part of the Coinbase experience. This shift aligns with Solana’s rapid ecosystem growth. 

Breakpoint today also hosted another major announcement: Ellipsis Labs launched Phoenix Perpetuals. It is a high-performance Solana-native perps DEX offering gasless trading and instant onboarding. Together, these launches underscore how Solana’s infrastructure is maturing. Better liquidity, faster on-chain execution and a smoother user experience continue to erase the line between centralized and decentralized trading.

A Turning Point for On-Chain Access

Coinbase’s update signals a bigger trend: major exchanges are evolving from gatekeepers into gateways. Instead of deciding which tokens get listed, they’re now offering users open access to whatever the blockchain produces. For Solana, the timing could not be better. The network’s developer activity is at record highs, meme coins appear overnight and institutional teams are launching sophisticated perps platforms.

With Coinbase now plugging directly into this flow. The entire Solana ecosystem gains wider distribution, faster discovery, and a straight path to mainstream users. As Andrew put it on stage, “Solana is becoming a new standard” and this time, Coinbase is saying it out loud.