Coinbase Wrapped BTC
cbbtc$84,603.00
-1.93% (24h)
Price Chart
Market Cap
$8.13B
24h Volume
$288.61M
Circulating Supply
96.05K CBBTC
Max Supply
∞ Unlimited
24h High
$87,076.00
24h Low
$83,945.00
All Time High
$125,954.00
All Time Low
$57,439.00
Fully Diluted Val.
$8.13B
From ATH
-32.8%
Price Change
About Coinbase Wrapped BTC
Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts.
cbBTC is built to be seamlessly compatible with DeFi applications, giving customers t…