MoonPay Acquires Decent, Launches MoonPay Trade API

Steady attention without excessive speculation.

MoonPay Officially Unveils MoonPay Trade

The acquisition itself closed in 2025, according to multiple reports from The Block and Bloomberg. Both outlets referenced the deal as completed but unannounced at the time. Today’s announcement makes it official and introduces MoonPay Trade as a live product.

Charlie Durbin, co-founder and CEO of Decent, confirmed the news in a detailed post on X. He described MoonPay Trade as the next phase for the cross-chain routing technology his team built over the past five years.

What Is MoonPay Trade

Following the MoonPay Acquires Decent announcement, MoonPay Trade emerged as a single API that handles onchain execution, settlement, conversion, and payments. The platform targets institutions, apps, and enterprises that need reliable cross-chain infrastructure without managing bridges or multiple wallets.

The product supports 200+ chains and protocols. According to Decent’s legacy site, the platform has processed over $1B in historical volume and maintains a 99.5% execution rate. Those metrics are self-reported, and no independent on-chain verification has been published.

In practice, a developer integrates one API call. The backend then finds the best liquidity, routes across chains if needed, and returns a signed transaction for the user to approve. End users get one-click DeFi access without switching chains or handling KYC in many flows.

From Music NFTs to MoonPay Trade

The MoonPay Acquires Decent deal traces back to Decent’s founding in 2021 by Charlie Durbin, Will Collier, Will Kantaros, and Alexander Carlson. The company entered Y Combinator’s W22 batch and originally focused on music-NFT royalty tokenization before pivoting into cross-chain infrastructure.

The team then pivoted after encountering the friction of multi-chain transactions. Gas fees, bridge complexity, and fragmented liquidity pushed Decent toward building a cross-chain routing layer instead.

“We couldn’t be more excited to enter the next phase of growth with MoonPay,” Durbin wrote on X. He added that MoonPay reaches hundreds of millions of users and will be “a globally important company as the interface between TradFi and DeFi.”

By the time of the acquisition, Decent had reached roughly $2.7M in annual revenue with an 18-person bootstrapped team.

MoonPay’s Acquisition Strategy

The Decent deal fits a clear pattern. Since early 2025, MoonPay has acquired at least six companies to build what CEO Ivan Soto-Wright has called a full-stack crypto payments network.

The list includes Helio for Solana payments at roughly $175M in January 2025. Iron followed in March 2025 for stablecoin infrastructure at over $100M. Meso came in September 2025 for global payments at an undisclosed price.

In 2026, MoonPay added Sodot for key management at roughly $100M in April. Then came DFlow for Solana trading at $100M in May, according to Fortune. Decent rounds out the strategy by adding cross-chain execution.

Together, these acquisitions give MoonPay coverage across fiat on-ramps, stablecoins, key management, trading, and now cross-chain routing.

How MoonPay Trade Differs From Competitors

Cross-chain routing is not new. Projects like Li.Fi and Socket focus on bridge aggregation. 1inch Fusion handles DEX aggregation with intent-based execution. Fireblocks provides custodial key infrastructure for institutions.

MoonPay Trade takes a different approach. It bundles cross-chain execution with MoonPay’s existing regulatory backbone, including licenses, KYC/AML compliance, and fiat-to-onchain handoff. The result is a single API that can handle both the compliance layer and the DeFi execution layer.

Decent’s core technology provides the low-level liquidity routing and chain-abstraction layer. It connects to existing DEXes, bridges, and protocols rather than deploying proprietary smart contracts. The product remains non-custodial for end users in many flows.

What Remains Unknown

Several details are still missing. MoonPay has not disclosed the acquisition price, deal structure, or exact closing timeline. No public API documentation or pricing page for MoonPay Trade has appeared yet.

The company has not named any institutional clients already onboarded to the new product. Regulatory approvals beyond MoonPay’s existing licenses remain unclear.

No dedicated coverage from CoinDesk, Bloomberg, or TechCrunch has appeared for today’s announcement. That is consistent with the event being only hours old at the time of reporting.

Community Reaction and What Comes Next

On X, the reaction has been strongly positive. MoonPay’s announcement tweet drew 279 likes and 106 replies within the first few hours. Comments ranged from “game changer for institutions” to playful jabs about MoonPay “buying the entire market.”

Katherine Wu tagged Decent’s founding team. Other accounts, including Bitget Wallet, called the launch a significant step for DeFi infrastructure.

The emerging narrative positions MoonPay as building the “full-stack crypto OS” through acquisitions. With MoonPay Trade now live, the next question is whether institutional adoption follows the infrastructure buildout.

MoonPay Trade is available now through the MoonPay business platform. Developers and enterprises can access the API for cross-chain execution, settlement, and payments across 200+ chains.