Coinbase Wrapped BTC (CBBTC) ranks #7834 by market capitalization, at $7.58B. It belongs to the DeFi sector (Synthetic Assets). It has traded since Sep 12, 2024, with $387.53M of volume in the last 24 hours. Its all-time high of $126,127.48 was reached on Oct 6, 2025; the current price is 40.0% below that peak. Its cycle low of $58,115.75 came on Jun 25, 2026.
98,386 CBBTC are in circulation. It is available on 5 networks.
About Coinbase Wrapped BTC
Coinbase's cbBTC is a wrapped version of Bitcoin that allows users to transfer Bitcoin on Ethereum and Base networks. It is backed 1:1 by BTC held by Coinbase, providing seamless conversion between BTC and cbBTC for on-chain transactions. cbBTC enables users to access decentralized finance (DeFi) applications, offering opportunities like borrowing and lending. While it can't be traded directly on Coinbase, it is available on decentralized exchanges (DEXs).