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Coinbase Wrapped BTC CBBTCPrice $ 83,825
Rank: 107
CBBTC Price
General Info
Contracts/Explorers:
Ethereum
Description
Wrapped Bitcoin is a 1:1 bitcoin backed ERC20 token issued by Coinbase.
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Coinbase Wrapped BTC (CBBTC) Chart
CBBTC to USD Converter
CBBTC
What is Coinbase Wrapped BTC (CBBTC)?
Coinbase Wrapped BTC is a tokenized version of Bitcoin (BTC) issued by Coinbase that operates on the Ethereum blockchain. It is designed to bring Bitcoin's value into the decentralized finance (DeFi) ecosystem by providing a fully-backed, ERC-20 compliant representation of Bitcoin. Each Wrapped BTC is pegged 1:1 with Bitcoin and can be redeemed for the equivalent amount of BTC at any time. This token facilitates the integration of Bitcoin with Ethereum-based applications and smart contracts, allowing users to leverage Bitcoin's liquidity and security within the broader DeFi landscape, thereby enhancing its utility and accessibility in various decentralized protocols.
Coinbase Wrapped BTC Price Today
Coinbase Wrapped BTC's current price is $ 83,825, it has increased +1.21% over the past 24 hours.
Coinbase Wrapped BTC's All Time High (ATH) of $ 108,698 was reached on 20 Jan 2025, and is currently -22.9% down.
The current circulating supply of Coinbase Wrapped BTC is 33.50 Thousands tokens, and the maximum supply of CBBTC is unlimited.
Coinbase Wrapped BTC’s 24 hour trading volume is $ 166.12 Million.
Coinbase Wrapped BTC's current share of the entire cryptocurrency market is 0.10%, with a market capitalization of $ 2.81 Billions.
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