Coinbase Wrapped BTC (Base)
cbBTC
cbBTC is a DeFi-friendly version of Bitcoin backed 1:1 by BTC held by Coinbase.
Risk Rating
Good
What is Coinbase Wrapped BTC (Base)?
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Information
Blockchain
- Base
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Good
Asset Strength
cbBTC is a low-cap asset with questionable collateral reserves. This asset depends on a centralized entity for custody services.
Dependencies
Coinbase Wrapped BTC (Base) has no dependencies.
Asset Tokenomics
cbBTC has a fixed supply. cbBTC is a DeFi-friendly version of BTC that is backed 1:1 by BTC custodied by Coinbase.
Things to know about cbBTC