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Coinbase Wrapped Staked ETH cbETHPrice $ 1,932
Rank: 220
cbETH Price
General Info
Contracts/Explorers:
Ethereum
Description
cbETH is a liquid staking token where the staked asset is Ethereum (ETH), and the staking provider and token issuer is Coinbase.
Links
Coinbase Wrapped Staked ETH (cbETH) Chart
cbETH to USD Converter
cbETH
What is Coinbase Wrapped Staked ETH (cbETH)?
Coinbase is supporting liquid staking for its ETH stakers with Coinbase Wrapped Staked ETH (ETH), where the staked asset is Ether (ETH), and the staking provider and token issuer is Coinbase. Coinbase hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications. With cbETH, Coinbase aims to contribute to the broader crypto ecosystem through creating high-utility wrapped tokens and open sourcing smart contracts.
Use cases of cbETH:
Existing staked ETH. Wrap you staked ETH to cbETH and sell it for cash
Collateral in DeFi. Deposit cbETH as a collateral in DeFi protocols and borrow funds while preserving your staked ETH position.
Transferring staked ETH. Send cbETH from Coinbase account to non-custodial wallets.
Coinbase Wrapped Staked ETH Price Today
Coinbase Wrapped Staked ETH's current price is $ 1,932, it has dropped -0.46% over the past 24 hours.
Coinbase Wrapped Staked ETH's All Time High (ATH) of $ 4,441 was reached on 16 Dec 2024, and is currently -56.5% down.
The current circulating supply of Coinbase Wrapped Staked ETH is 121.97 Thousand tokens, and the maximum supply of cbETH is unlimited.
Coinbase Wrapped Staked ETH’s 24 hour trading volume is $ 3.04 Million.
Coinbase Wrapped Staked ETH's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 235.70 Million.
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