Coinbase Wrapped BTC Price, Live Chart & Market Cap
Coinbase Wrapped BTC (cbBTC): Trust-backed Bitcoin token for fast DeFi trading, lending, yield farming and multi-chain transfers
Coinbase Wrapped BTC Overview
Coinbase Wrapped BTC (cbBTC) turns Bitcoin into a fast, composable token on Ethereum, Base, Solana and Arbitrum. cbBTC stays 1:1 backed by BTC locked in Coinbase custody and can be wrapped or redeemed without fees. By freeing Bitcoin for trading, staking, lending and payments, cbBTC connects the world’s largest coin to today’s DeFi wallet and platform ecosystem.
Coinbase Wrapped BTC Technologies Overview
Multi-Chain Support
Live on Ethereum, Base, Solana and Arbitrum with one reserve pool.Audited Contracts
Code inherits cbETH audit by OpenZeppelin and features role-based safety controls.Zero Wrap Fee
Mint and burn Coinbase Wrapped BTC at 1:1 with BTC and no extra platform cost.High Throughput
Base and Solana lanes let Coinbase Wrapped BTC clear thousands of transactions per second.Smart Contract Governance
Admin, Pauser and Blacklister roles require Coinbase multisig for secure upgrades or freezes.Funding
Coinbase Wrapped BTC raised no funds. Supply appears only when users lock BTC on Coinbase, so there was no ICO, IDO or private sale.
Roadmap
Proof of Reserves Delivered
Feb 19 2025 dashboard confirms 100 %+ BTC backing for all Coinbase Wrapped BTC in circulation.
Additional Chain Launches
Upcoming support for Polygon, Avalanche and BNB Chain to widen DeFi reach.
Institutional Prime Support
Planned cbBTC withdrawals and deposits for Coinbase Prime clients to boost market volume.
Geographic Expansion
Applying for BitLicense and other permits to enable wrapping in New York and new jurisdictions.
Coinbase Wrapped BTC Security & Audit Reports
Coinbase Wrapped BTC reuses the OpenZeppelin-audited cbETH contract and is guarded by Coinbase multisig. All BTC reserves sit in insured cold custody, and a Pauser role can block exploits while proof-of-reserves lets anyone verify backing.
FAQ
How to wrap BTC into cbBTC?
+How to redeem cbBTC for BTC?
+Is Coinbase Wrapped BTC fully backed?
+Where can I trade Coinbase Wrapped BTC?
+Can I earn yield with cbBTC?
+Which networks support cbBTC today?
+Is cbBTC available in New York?
+Top Crypto Exchanges to Trade Coinbase Wrapped BTC (CBBTC)
# | Exchange | Pair | Price | 24h Volume |
---|---|---|---|---|
1 |
![]() |
0XCBB7C000.../0X42000000... | ~$28.016 | $87,265,725 |
2 |
![]() |
0XCBB7C000.../0X833589FC... | ~$68,090.037 | $68,941,042 |
3 |
![]() |
0XCBB7C000.../0X2260FAC5... | ~$1.002 | $9,134,687 |
4 |
![]() |
0X0B3E3284.../0XCBB7C000... | ~$0.0000052 | $5,682,015 |
5 |
![]() |
0XCBB7C000.../0X42000000... | ~$28.013 | $4,751,881 |
6 |
![]() |
0XCBB7C000.../0X833589FC... | ~$68,061.018 | $1,758,380 |
7 |
![]() |
0XCBB7C000.../0X42000000... | ~$28.02 | $1,435,050 |
8 |
![]() |
0X236AA509.../0XCBB7C000... | ~$1 | $657,719 |
9 |
![]() |
0XCBB7C000.../0X42000000... | ~$28.0096 | $508,752 |
10 |
![]() |
0XB79DD08E.../0XCBB7C000... | ~$0.000015 | $473,172 |

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