diff --git a/src/lib/sentry-url-parser.ts b/src/lib/sentry-url-parser.ts
index e6dc259c8..b9072ef30 100644
--- a/src/lib/sentry-url-parser.ts
+++ b/src/lib/sentry-url-parser.ts
@@ -66,9 +66,9 @@ function matchOrganizationsPath(
     return { baseUrl, org, issueId: segments[3], eventId };
   }
 
-  // /organizations/{org}/traces/{traceId}/
-  if (segments[2] === "traces" && segments[3]) {
-    return { baseUrl, org, traceId: segments[3] };
+  const tracePath = matchTracePath(segments, 2);
+  if (tracePath.status === "detail") {
+    return { baseUrl, org, traceId: tracePath.traceId };
   }
 
   const replayPath = matchReplayPath(segments, 2);
@@ -125,9 +125,14 @@ function matchSubdomainPath(
       segments[2] === "events" && segments[3] ? segments[3] : undefined;
     return { issueId: segments[1], eventId };
   }
-  // /traces/{traceId}/
-  if (segments[0] === "traces" && segments[1]) {
-    return { traceId: segments[1] };
+  const tracePath = matchTracePath(segments, 0);
+  if (tracePath.status === "detail") {
+    return { traceId: tracePath.traceId };
+  }
+  if (tracePath.status === "list") {
+    // A bare trace list URL (e.g. `/explore/traces/`) resolves to the org,
+    // matching the replay-list behavior below.
+    return {};
   }
 
   const replayPath = matchReplayPath(segments, 0);
@@ -165,6 +170,51 @@ function matchSubdomainTailPath(
   return null;
 }
 
+/**
+ * Match a trace path, canonical or legacy.
+ *
+ * The trace detail view is mounted at `trace/:traceSlug/`. Canonical URLs are
+ * `explore/traces/trace/{id}/`; the `trace/` segment is what distinguishes a
+ * detail URL from the traces list. Legacy `traces/{id}/` (no `explore/` prefix,
+ * no `trace/` segment) is still accepted so previously-copied links keep
+ * resolving.
+ *
+ * The `trace/` segment is only optional in the legacy non-`explore/` form.
+ * Under the `explore/` prefix the `trace/` segment is required — otherwise a
+ * URL like `explore/traces/{something}/` (e.g. a future sub-route) would be
+ * misread as a trace detail with a bogus ID.
+ */
+function matchTracePath(
+  segments: string[],
+  startIndex: number
+): { status: "absent" | "list" } | { status: "detail"; traceId: string } {
+  let index = startIndex;
+  const hasExplorePrefix = segments[index] === "explore";
+  if (hasExplorePrefix) {
+    index += 1;
+  }
+  if (segments[index] !== "traces") {
+    return { status: "absent" };
+  }
+  index += 1;
+
+  const hasTraceSegment = segments[index] === "trace";
+  if (hasTraceSegment) {
+    index += 1;
+  } else if (hasExplorePrefix) {
+    // `explore/traces/` without the `trace/` segment is the list route (or an
+    // unrelated sub-route), never a detail — don't treat the next segment as an ID.
+    return { status: "list" };
+  }
+
+  const traceId = segments[index];
+  if (!traceId) {
+    return { status: "list" };
+  }
+
+  return { status: "detail", traceId };
+}
+
 function matchReplayPath(
   segments: string[],
   startIndex: number
@@ -256,7 +306,8 @@ function matchSharePath(
  * - `/organizations/{org}/issues/{id}/`
  * - `/organizations/{org}/issues/{id}/events/{eventId}/`
  * - `/settings/{org}/projects/{project}/`
- * - `/organizations/{org}/traces/{traceId}/`
+ * - `/organizations/{org}/explore/traces/trace/{traceId}/` (canonical)
+ * - `/organizations/{org}/traces/{traceId}/` (legacy)
  * - `/organizations/{org}/explore/replays/{replayId}/`
  * - `/organizations/{org}/replays/{replayId}/`
  * - `/organizations/{org}/dashboard/{id}/`
@@ -265,7 +316,8 @@ function matchSharePath(
  *
  * Also recognizes SaaS subdomain-style URLs:
  * - `https://{org}.sentry.io/issues/{id}/`
- * - `https://{org}.sentry.io/traces/{traceId}/`
+ * - `https://{org}.sentry.io/explore/traces/trace/{traceId}/` (canonical)
+ * - `https://{org}.sentry.io/traces/{traceId}/` (legacy)
  * - `https://{org}.sentry.io/explore/replays/{replayId}/`
  * - `https://{org}.sentry.io/replays/{replayId}/`
  * - `https://{org}.sentry.io/issues/{id}/events/{eventId}/`
diff --git a/src/lib/sentry-urls.ts b/src/lib/sentry-urls.ts
index 219e1613f..08346941e 100644
--- a/src/lib/sentry-urls.ts
+++ b/src/lib/sentry-urls.ts
@@ -321,9 +321,9 @@ export function buildDashboardUrl(
  */
 export function buildTraceUrl(orgSlug: string, traceId: string): string {
   if (isSaaS()) {
-    return `${getOrgBaseUrl(orgSlug)}/traces/${traceId}/`;
+    return `${getOrgBaseUrl(orgSlug)}/explore/traces/trace/${traceId}/`;
   }
-  return `${getSentryBaseUrl()}/organizations/${orgSlug}/traces/${traceId}/`;
+  return `${getSentryBaseUrl()}/organizations/${orgSlug}/explore/traces/trace/${traceId}/`;
 }
 
 // Alert URLs
diff --git a/test/lib/formatters/log.test.ts b/test/lib/formatters/log.test.ts
index 18031a891..96ede2b47 100644
--- a/test/lib/formatters/log.test.ts
+++ b/test/lib/formatters/log.test.ts
@@ -388,7 +388,7 @@ describe("formatLogDetails", () => {
     expect(result).toContain("Span ID");
     expect(result).toContain("span-abc-123");
     expect(result).toContain("Link");
-    expect(result).toContain("my-org.sentry.io/traces/trace123abc456def789");
+    expect(result).toContain("my-org.sentry.io/explore/traces/trace/");
   });
 
   test("shows Source Location when code.function present", () => {
diff --git a/test/lib/sentry-url-parser.test.ts b/test/lib/sentry-url-parser.test.ts
index c2d8b1139..922551a2a 100644
--- a/test/lib/sentry-url-parser.test.ts
+++ b/test/lib/sentry-url-parser.test.ts
@@ -162,6 +162,28 @@ describe("parseSentryUrl", () => {
   });
 
   describe("trace URLs", () => {
+    test("/organizations/{org}/explore/traces/trace/{traceId}/", () => {
+      const result = parseSentryUrl(
+        "https://sentry.io/organizations/my-org/explore/traces/trace/a4d1aae7216b47ff8117cf4e09ce9d0a/"
+      );
+      expect(result).toEqual({
+        baseUrl: "https://sentry.io",
+        org: "my-org",
+        traceId: "a4d1aae7216b47ff8117cf4e09ce9d0a",
+      });
+    });
+
+    test("org-domain /explore/traces/trace/{traceId}/", () => {
+      const result = parseSentryUrl(
+        "https://my-org.sentry.io/explore/traces/trace/a4d1aae7216b47ff8117cf4e09ce9d0a/"
+      );
+      expect(result).toEqual({
+        baseUrl: "https://my-org.sentry.io",
+        org: "my-org",
+        traceId: "a4d1aae7216b47ff8117cf4e09ce9d0a",
+      });
+    });
+
     test("/organizations/{org}/traces/{traceId}/", () => {
       const result = parseSentryUrl(
         "https://sentry.io/organizations/my-org/traces/a4d1aae7216b47ff8117cf4e09ce9d0a/"
@@ -183,6 +205,37 @@ describe("parseSentryUrl", () => {
         traceId: "00112233445566778899aabbccddeeff",
       });
     });
+
+    test("explore/traces without the trace segment is not a detail", () => {
+      // `explore/traces/{slug}/` (no `trace/` segment) is the list route or an
+      // unrelated sub-route — the slug must not be captured as a trace ID. It
+      // resolves to the org (like the replay list), not a trace detail.
+      const result = parseSentryUrl(
+        "https://my-org.sentry.io/explore/traces/some-subroute/"
+      );
+      expect(result).toEqual({
+        baseUrl: "https://my-org.sentry.io",
+        org: "my-org",
+      });
+    });
+
+    test("subdomain trace list resolves to the org", () => {
+      const result = parseSentryUrl("https://my-org.sentry.io/explore/traces/");
+      expect(result).toEqual({
+        baseUrl: "https://my-org.sentry.io",
+        org: "my-org",
+      });
+    });
+
+    test("organizations explore/traces without trace segment is org-only", () => {
+      const result = parseSentryUrl(
+        "https://sentry.io/organizations/my-org/explore/traces/some-subroute/"
+      );
+      expect(result).toEqual({
+        baseUrl: "https://sentry.io",
+        org: "my-org",
+      });
+    });
   });
 
   describe("replay URLs", () => {
diff --git a/test/lib/sentry-urls.property.test.ts b/test/lib/sentry-urls.property.test.ts
index 264dc4b89..4a4bb4963 100644
--- a/test/lib/sentry-urls.property.test.ts
+++ b/test/lib/sentry-urls.property.test.ts
@@ -428,11 +428,11 @@ describe("buildLogsUrl properties", () => {
 });
 
 describe("buildTraceUrl properties", () => {
-  test("output contains /traces/ path with trace ID", async () => {
+  test("output contains /explore/traces/trace/ path with trace ID", async () => {
     await fcAssert(
       property(tuple(slugArb, traceIdArb), ([orgSlug, traceId]) => {
         const result = buildTraceUrl(orgSlug, traceId);
-        expect(result).toContain(`/traces/${traceId}/`);
+        expect(result).toContain(`/explore/traces/trace/${traceId}/`);
       }),
       { numRuns: DEFAULT_NUM_RUNS }
     );
@@ -462,7 +462,9 @@ describe("buildTraceUrl properties", () => {
     await fcAssert(
       property(tuple(slugArb, traceIdArb), ([orgSlug, traceId]) => {
         const result = buildTraceUrl(orgSlug, traceId);
-        expect(result).toBe(`${getOrgBaseUrl(orgSlug)}/traces/${traceId}/`);
+        expect(result).toBe(
+          `${getOrgBaseUrl(orgSlug)}/explore/traces/trace/${traceId}/`
+        );
       }),
       { numRuns: DEFAULT_NUM_RUNS }
     );
@@ -584,7 +586,7 @@ describe("self-hosted URLs", () => {
 
   test("buildTraceUrl uses path-based pattern", () => {
     expect(buildTraceUrl("my-org", "abc123def456abc123def456abc123de")).toBe(
-      `${SELF_HOSTED_URL}/organizations/my-org/traces/abc123def456abc123def456abc123de/`
+      `${SELF_HOSTED_URL}/organizations/my-org/explore/traces/trace/abc123def456abc123def456abc123de/`
     );
   });