While trust has been acknowledged as an important aspect of interorganizational relationships, less attention has been paid to the importance of trust in coopetitive relationships. Research on trust has started to acknowledge that more trust may not always be better, and that trust and distrust are separate and distinct phenomena. While researchers on coopetition have mentioned trust, the potential role of distrust is even less acknowledged, although it may be particularly relevant due to the risks involved. The purpose of this paper is to systematically analyze how trust (and distrust) has been treated in coopetition. We outline the contributions made, and the limitations thereof, and thereby derive a well-grounded research agenda for research in coopetition focusing on trust and distrust. We argue that drawing on insights on the management of trust and distrust can contribute to our understanding of how to manage coopetition through balancing the levels of both trust and distrust.