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CBBTC Coinbase Wrapped BTC cbBTC

1 · Decentralized Finance · Ethereum Ecosystem · Wrapped Tokens

cbBTC is a wrapped Bitcoin token issued by Coinbase that is backed 1:1 by Bitcoin held in Coinbase custody. It is used as collateral in DeFi lending protocols and for providing liquidity across multiple blockchains. Coinbase customers can automatically convert BTC to cbBTC when sending to supported networks, and cbBTC automatically converts back to BTC when deposited to Coinbase accounts.

Current main pool age749 daysPool creation time 2024-08-20 14:52:11 UTC
Current price$79.43K+0.72% · 24h
Circulating market cap$3.94B
Fully diluted valuation$3.94B
Total token liquidity$68.58M
24h volume$5.78M
Holder address count85.53KAddress count, not unique users
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01 / Market

Trading volume and liquidity

24h volume $5.78M · Total token liquidity $68.58M。

Volume / current liquidity 8.42%

Volume is a flow over a period; liquidity is a stock at a point in time.

02 / Structure

Supply and valuation

Circulating market cap $3.94B · FDV $3.94B。

The two valuations are not yet comparable; their original values are shown separately.

About the project · CBBTC Coinbase Wrapped BTC

Decentralized Finance · Ethereum Ecosystem · Wrapped Tokens

cbBTC is a wrapped Bitcoin token issued by Coinbase that is backed 1:1 by Bitcoin held in Coinbase custody. It is used as collateral in DeFi lending protocols and for providing liquidity across multiple blockchains. Coinbase customers can automatically convert BTC to cbBTC when sending to supported networks, and cbBTC automatically converts back to BTC when deposited to Coinbase accounts.

Protocol association
Not provided