Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

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 (cbBTC): Bitcoin Unleashed in DeFi

Utility & Use Cases CBBTC

Provide Liquidity

Provide Liquidity

Add Coinbase Wrapped BTC to Curve, Uniswap or Aerodrome pools to earn trading fees and boost DeFi volume.
Borrow and Lend

Borrow and Lend

Supply Coinbase Wrapped BTC to Aave, Compound or Morpho as collateral and borrow stablecoins without selling Bitcoin.
Fast Payments

Fast Payments

Send Coinbase Wrapped BTC across Base or Solana for near-instant settlement and low fees compared with Bitcoin L1.
Yield Farming

Yield Farming

Stake LP tokens or join incentive programs that pay extra rewards for Coinbase Wrapped BTC liquidity.

Coinbase Wrapped BTC Technologies Overview

Multi-Chain Support

Multi-Chain Support

Live on Ethereum, Base, Solana and Arbitrum with one reserve pool.
Audited Contracts

Audited Contracts

Code inherits cbETH audit by OpenZeppelin and features role-based safety controls.
Zero Wrap Fee

Zero Wrap Fee

Mint and burn Coinbase Wrapped BTC at 1:1 with BTC and no extra platform cost.
High Throughput

High Throughput

Base and Solana lanes let Coinbase Wrapped BTC clear thousands of transactions per second.
Smart Contract Governance

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?

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Withdraw Bitcoin from your Coinbase account to an address on Ethereum, Base, Solana or Arbitrum and receive cbBTC 1:1.

How to redeem cbBTC for BTC?

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Send cbBTC back to your Coinbase deposit address; it burns on-chain and credits the same amount of BTC to your balance.

Is Coinbase Wrapped BTC fully backed?

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Yes, every cbBTC equals one BTC held in Coinbase custody with public proof-of-reserves.

Where can I trade Coinbase Wrapped BTC?

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Swap it on Curve, Uniswap, Aerodrome or any DEX that lists ERC-20 or SPL cbBTC pairs.

Can I earn yield with cbBTC?

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Provide liquidity or lend cbBTC on Aave, Compound, Morpho or Curve farms to collect interest and rewards.

Which networks support cbBTC today?

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Ethereum, Base, Solana and Arbitrum, with more chains planned.

Is cbBTC available in New York?

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Not yet; Coinbase is pursuing the BitLicense so New York users can wrap in future.

Top Crypto Exchanges to Trade Coinbase Wrapped BTC (CBBTC)

# Exchange Pair Price 24h Volume
1 ~$28.016 $87,265,725
2 ~$68,090.037 $68,941,042
3 ~$1.002 $9,134,687
4 ~$0.0000052 $5,682,015
5 ~$28.013 $4,751,881
6 ~$68,061.018 $1,758,380
7 ~$28.02 $1,435,050
8 ~$1 $657,719
9 ~$28.0096 $508,752
10 ~$0.000015 $473,172
Coinbase Wrapped BTC
Coinbase Wrapped BTC CBBTC Price
#438
$105,455
0.31%
Market Cap
Market capitalization of Coinbase Wrapped BTC (CBBTC) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$4,756,173,387
Fully Diluted Variation
Fully diluted valuation of Coinbase Wrapped BTC (CBBTC) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$4,756,173,387
24 Hour Trading Vol
24-hour trading volume shows the total amount of Coinbase Wrapped BTC (CBBTC) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$198,734,239
Circulating Supply
Circulating supply shows the number of Coinbase Wrapped BTC (CBBTC) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
45,084.7
Total Supply
Total supply represents all Coinbase Wrapped BTC (CBBTC) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
45,084.7

Info

Contract
Ethereum Network 0xcbb...eed33bf
Copied
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Whitepaper
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