Coinbase Taps Chainlink’s CCIP for $7B Wrapped Assets as Solana DEX Integration Goes Live

Cross-Chain Expansion Accelerates Through Unified Infrastructure
TL;DR
- Coinbase selected Chainlink’s CCIP as the exclusive bridge for roughly $7 billion in wrapped assets, citing security and reliability.
- Base–Solana CCIP bridge and on-chain Solana DEX trading inside Coinbase mark a coordinated interoperability push.
- The moves broaden access to cross-chain liquidity, expand wrapped-asset utility, and reshape Coinbase’s position across the coin market cap landscape and the broader crypto price index environment.
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Coinbase’s latest strategic shift landed with unusual clarity on December 11, 2025, after the exchange named Chainlink’s Cross-Chain Interoperability Protocol as the exclusive bridging layer for all Coinbase Wrapped Assets, a set that includes cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP with an estimated combined value near $7 billion. The decision positions CCIP as the sole infrastructure powering cross-chain movement for these assets, replacing the patchwork of bespoke solutions that dominated earlier eras of DeFi interoperability.
The move stems from a security-first philosophy echoed by Josh Leavitt, Coinbase’s Senior Director of Product Management, who noted that the company chose Chainlink because its connectivity framework delivers the stability and assurance needed to expand wrapped-asset availability at scale. Chainlink executives framed the partnership as an inflection point for mainstream interoperability, highlighting CCIP’s track record securing more than 70% of DeFi applications and enabling over $27 trillion in cumulative transaction value across global markets.
Momentum around CCIP extended beyond wrapped assets as Coinbase and Base advanced their interoperability initiatives with the Base–Solana bridge going live during the first week of December. The mainnet link connects Base’s Ethereum Layer-2 architecture with Solana’s non-EVM environment, enabling frictionless movement of SOL and SPL tokens across ecosystems that collectively manage over $13 billion in total value locked. The bridge relies on dual verification through independent Chainlink oracle nodes and Coinbase/Base-operated nodes, creating a security posture explicitly designed to mitigate the vulnerabilities that have historically undermined cross-chain systems.
Early integrations surfaced quickly, with projects such as Zora, Aerodrome, Virtuals, Flaunch, and Relay adopting Solana-asset support to capitalize on the newly opened liquidity channels. Industry observers described the milestone as a step toward routing assets at “internet speed,” though some voiced skepticism about whether real-world usability would fully match the ambitious goals.
A third development reinforced Coinbase’s Solana expansion strategy as the company introduced direct on-chain DEX trading for Solana tokens inside the Coinbase interface. Users gained the ability to perform native swaps against Solana’s decentralized liquidity using familiar payment and funding methods, further blurring the lines between centralized convenience and permissionless execution. The rollout follows a hybrid model: Coinbase maintains user custody and compliance layers on its front end while routing trade execution to decentralized pools behind the scenes.
This staggered deployment—starting with select Solana tokens—signals the exchange’s preference for measured growth rather than rapid, untested feature releases, particularly during a period when liquidity fragmentation and regulatory scrutiny weigh heavily on market structure. The timing also aligns with Coinbase’s acquisition plans for Vector.fun and its broader investments in Solana tooling, positioning the company to integrate social trading, memecoin activity, and institutional staking demand into a single pipeline.
This article has been refined and enhanced by ChatGPT.