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

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cbBTC Pools
Beefy-Uniswap BTC-ETH Market Making
13.6%
Yield
$96K
TVL
Risk
C
Protocol
Beefy
Chain
Base
Beefy-Aerodrome BTC-USD Market Making
16.4%
Yield
$13K
TVL
Risk
C
Protocol
Beefy
Chain
Base

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