Coinbase Wrapped BTC

cbBTC
Price 94,334
Market Cap $ 890M
24h Volume $ 135M

About cbBTC

Coinbase Wrapped BTC (cbBTC) is an ERC-20 token on the Base blockchain. Launched 8 months ago.

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

Token Statistics

Contract address 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf
Name Coinbase Wrapped BTC
Symbol cbBTC
Launch date Aug 20, 2024
Price 94,334
Market capitalization $ 890M
Trading volume (last hour) $ 14M
Transactions (last hour) 7318
Trading volume (day) $ 135M
Transactions (last day) 123809

Liquidity Pools

Pool address Other token Trading volume (day)
0x70ac...bae1 Wrapped Ether icon Wrapped Ether (WETH) $ 25,277M
0x4e96...e778 USD Coin icon USD Coin (USDC) $ 20,743M
0xfbb6...43ef USD Coin icon USD Coin (USDC) $ 2,320M
0xb909...8b4a Virtual Protocol icon Virtual Protocol (VIRTUAL) $ 1,680M
0xc211...b3f3 Wrapped Ether icon Wrapped Ether (WETH) $ 1,130M
0x7aea...abd1 Wrapped Ether icon Wrapped Ether (WETH) $ 910M
0xb94b...b3df USD Coin icon USD Coin (USDC) $ 832M
0x138a...6330 Base tBTC v2 icon Base tBTC v2 (tBTC) $ 479M
0xbf37...ff51 Wrapped Ether icon Wrapped Ether (WETH) $ 407M
0x4ca5...7343 USD Coin icon USD Coin (USDC) $ 363M
0x8c70...95e5 Wrapped Ether icon Wrapped Ether (WETH) $ 310M
0x3e66...a9fb USD Coin icon USD Coin (USDC) $ 206M
0x94bb...7265 Wrapped Ether icon Wrapped Ether (WETH) $ 190M
0xdfe5...b626 Aerodrome icon Aerodrome (AERO) $ 118M
0xe05c...226e USD+ icon USD+ (USD+) $ 106M

About BaseKing

BaseKing tracks top ERC-20 tokens on Base, a layer-2 network built on Ethereum. Stay updated with real-time data and market trends. This site is actively developed—learn more on our about page.