Coinbase Wrapped BTC cbBTC

$77,130.13 +0.21% 24h

94/100

Grade A

ON-CHAIN HEALTH INDEX

What is Coinbase Wrapped BTC (cbBTC)?

Coinbase Wrapped BTC (cbBTC) is a token trading on Ethereum at $77,130.13, with a market capitalisation around $7.70B. Its main pool holds $4.21M of liquidity on Curve, paired against WBTC. Over the last 24 hours cbBTC has gained +0.21% on $2.31M of trading volume across 37 transactions.

The pair was created 10 months ago (Nov 27, 2025). Price, liquidity and volume on this page are read directly from on-chain pool data.

The story behind cbBTC

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 the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

Official channels, straight from the project:

cbBTC history: the key events, on-chain

cbBTC tokenomics and supply

Both addresses link straight to Etherscan. Every figure in this table is read from the chain and you can verify it there.

Market cap and fully diluted valuation are close, so most of the supply is already circulating.

cbBTC on-chain data, signal by signal

We are not auditors and we do not certify any token as safe. What follows are measurable facts read from the chain, each one stated so you can check it yourself. The index simply summarises them into a number: cbBTC sits at 94/100. Every threshold and penalty behind that figure is published in full on our methodology page.

cbBTC contract checks, reported by GoPlus Security

These checks come from GoPlus Security, an independent contract scanner. We publish their reading, we do not produce it.

What moves the cbBTC price?

cbBTC is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume sits at roughly 0.5 times pool liquidity, a fairly typical ratio for an actively traded pair. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum market conditions, and social attention. For a token with a A grade, position size discipline matters more than any price prediction.

cbBTC to USD converter and price calculator

cbBTC markets and top pools

Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.

How to buy Coinbase Wrapped BTC (cbBTC)

1. Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
2. Open a DEX. cbBTC trades mainly on Curve. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
3. Verify the contract. Check it against the address on this page: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it.
4. Set slippage sensibly. With $4.21M of liquidity, moderate orders should fill without extreme slippage, but size still matters.
5. Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.

cbBTC versus other Ethereum pairs

Coinbase Wrapped BTC (cbBTC) price prediction, answered with arithmetic

Every token this size gets asked where the price is going, and nobody honest can answer that. What can be answered is what each target would require. cbBTC trades at $77,130.13 today. For each target price below, the table shows what the whole supply would be worth at that price, and how that compares to assets people already know.

This is arithmetic, not a forecast. Nobody can tell you where cbBTC will trade. What the table does tell you is the size of the move being asked for, which is usually the missing piece when people ask whether a token can reach a given price.

What people ask about cbBTC

These are the questions that actually get typed into a search box about cbBTC. All of them come down to the same three numbers, so here they are.

• What Is Cbbtc
• Cbbtc Meaning
• How To Get Cbbtc
• Cbbtc Address

cbBTC trades at $77,130.13 with $4.21M of pool liquidity and $2.31M of volume in the last 24 hours. That is what it costs, how easily you could get out, and whether anyone else is actually trading it. Nobody can tell you where the price goes next, and the arithmetic further down shows what each target would require instead.

How to trade cbBTC safely

• Size against liquidity, not conviction. The pool holds $4.21M. A trade worth more than roughly 1% of that will move the price against you.
• Test the exit first. Buy a small amount, then immediately sell part of it. Tokens that block sells are the single most common trap.
• Watch the buy/sell balance. Currently 28 buys against 9 sells in 24 hours. A rough balance between the two suggests the market functions in both directions.
• Check the age. This pool was created 10 months ago. Most rug pulls happen within the first hours of a pool going live.
• Never invest more than you can lose. Low-cap tokens can go to zero, and frequently do.

cbBTC FAQ

Keep exploring Ethereum

Traders looking at cbBTC also open CULT, EUROC, syBTC, MTX, RLB.