Which CEX integrated SOL onchain trading?

TLDR

Coinbase integrated Solana on-chain trading inside its app via a built-in DEX, letting users swap Solana tokens through on-chain liquidity without a centralized listing.

1. Users can trade any Solana token with sufficient liquidity directly in-app via on-chain swaps, per coverage of the launch. Details
2. The move was announced during Solana Breakpoint on 11 Dec, highlighting expanding to Solana with native DEX trading. Announcement recap
3. Trades can settle in USDC or via bank/debit rails while execution happens on-chain. Confirmation

Deep Dive

1. What Integrated Means

Coinbases app now routes orders to Solana DEX liquidity so users can swap SPL tokens on-chain without waiting for a formal CEX listing. This includes immediate access to new tokens that meet liquidity thresholds, all from a familiar interface. Coverage

• Media reports emphasize any Solana token with sufficient liquidity and a DEX-first execution path embedded inside Coinbases product. Recap

2. Timing and Scope

The integration was presented at Solana Breakpoint on 11 Dec with messaging that Coinbase is expanding to Solana, adding on-chain DEX trading within the app. Event recap

• Reports note the feature broadens Solana token availability immediately upon launch on-chain, rather than after centralized listing processes. Details

3. Payments and UX Implications

While swaps execute on-chain, users can pay and settle using USDC or supported bank/debit rails within the Coinbase app, blending CEX-grade UX with DeFi execution. Confirmation

• Reports also highlight a practical caveat: access depends on sufficient liquidity, though the exact threshold was not specified. Recap

Conclusion

Answer: Coinbase is the centralized exchange that integrated Solana on-chain trading inside its app via native DEX rails. This bridges CEX UX with DeFi execution, lowering listing friction and speeding access to new SPL tokens. Watch liquidity thresholds and regional availability as the rollout matures.