Coinbase Wrapped BTC
cbbtc$67,649.00
+0.83% (24h)
Price Chart
Market Cap
$6.02B
24h Volume
$307.05M
Circulating Supply
88.92K CBBTC
Max Supply
∞ Unlimited
24h High
$68,098.00
24h Low
$66,259.00
All Time High
$125,954.00
All Time Low
$57,439.00
Fully Diluted Val.
$6.02B
From ATH
-46.3%
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…