Coinbase Wrapped Staked ETH (Arbitrum)
cbETH
cbETH is a representation of ETH staked through Coinbase.
Risk Rating
Best
$3,136.85
0.31%
Summary
Information
Blockchain
- Arbitrum
Info
- Contract address
- Community
- Website
- Asset Type: ERC-20
Key Metrics
- Market Cap: $542.9M
- Fully Diluted Valluation: $4.6B
- FDV / MC: 8.4
- Ranking inside Exponential (excluding stables): #30
- Circulating Supply: 172,973
- Total Supply: 1,459,344
- Volume (24H): $3.7M
- ATH: $4,335.70 (03/12/2024)
- ATL: $1,036.96 (11/09/2022)
Risk Assessment
Best
Asset Strength
cbETH is a mid-cap, fully collateralized asset. This asset is exposed to the underlying risks of Coinbase Liquid Staking and Arbitrum bridge, which are protocols rated as Average and Best, respectively.
Asset Tokenomics
cbETH has an uncapped supply but has inflation control or burn mechanisms in place. cbETH is backed 1:1 by ETH staked on the Ethereum blockchain. The asset accrues staking rewards automatically. cbETH can trade at a discount to 1 ETH as it is less liquid, has less utility (cannot be used to pay for gas fees), can be blacklisted, and has more technical risk (Coinbase smart contract bugs).
Dependencies
Coinbase Liquid Staking
Arbitrum Bridge
Things to know about cbETH
cbETH Pools
