Coinbase Wrapped BTC Price, Live Chart & Market Cap

Coinbase Wrapped BTC (cbBTC): Trust-backed Bitcoin token for fast DeFi trading, lending, yield farming and multi-chain transfers

Coinbase Wrapped BTC Overview

Coinbase Wrapped BTC (cbBTC) turns Bitcoin into a fast, composable token on Ethereum, Base, Solana and Arbitrum. cbBTC stays 1:1 backed by BTC locked in Coinbase custody and can be wrapped or redeemed without fees. By freeing Bitcoin for trading, staking, lending and payments, cbBTC connects the world’s largest coin to today’s DeFi wallet and platform ecosystem.

Coinbase Wrapped BTC (cbBTC): Bitcoin Unleashed in DeFi

Utility & Use Cases CBBTC

Provide Liquidity

Add Coinbase Wrapped BTC to Curve, Uniswap or Aerodrome pools to earn trading fees and boost DeFi volume.

Borrow and Lend

Supply Coinbase Wrapped BTC to Aave, Compound or Morpho as collateral and borrow stablecoins without selling Bitcoin.

Fast Payments

Send Coinbase Wrapped BTC across Base or Solana for near-instant settlement and low fees compared with Bitcoin L1.

Yield Farming

Stake LP tokens or join incentive programs that pay extra rewards for Coinbase Wrapped BTC liquidity.

Coinbase Wrapped BTC Technologies Overview

Multi-Chain Support

Live on Ethereum, Base, Solana and Arbitrum with one reserve pool.

Audited Contracts

Code inherits cbETH audit by OpenZeppelin and features role-based safety controls.

Zero Wrap Fee

Mint and burn Coinbase Wrapped BTC at 1:1 with BTC and no extra platform cost.

High Throughput

Base and Solana lanes let Coinbase Wrapped BTC clear thousands of transactions per second.

Smart Contract Governance

Admin, Pauser and Blacklister roles require Coinbase multisig for secure upgrades or freezes.

Funding

Coinbase Wrapped BTC raised no funds. Supply appears only when users lock BTC on Coinbase, so there was no ICO, IDO or private sale.

Roadmap

Proof of Reserves Delivered

Feb 19 2025 dashboard confirms 100 %+ BTC backing for all Coinbase Wrapped BTC in circulation.

Additional Chain Launches

Upcoming support for Polygon, Avalanche and BNB Chain to widen DeFi reach.

Institutional Prime Support

Planned cbBTC withdrawals and deposits for Coinbase Prime clients to boost market volume.

Geographic Expansion

Applying for BitLicense and other permits to enable wrapping in New York and new jurisdictions.

Coinbase Wrapped BTC Security & Audit Reports

Coinbase Wrapped BTC reuses the OpenZeppelin-audited cbETH contract and is guarded by Coinbase multisig. All BTC reserves sit in insured cold custody, and a Pauser role can block exploits while proof-of-reserves lets anyone verify backing.

FAQ

How to wrap BTC into cbBTC?

Withdraw Bitcoin from your Coinbase account to an address on Ethereum, Base, Solana or Arbitrum and receive cbBTC 1:1.

How to redeem cbBTC for BTC?

Send cbBTC back to your Coinbase deposit address; it burns on-chain and credits the same amount of BTC to your balance.

Is Coinbase Wrapped BTC fully backed?

Yes, every cbBTC equals one BTC held in Coinbase custody with public proof-of-reserves.

Where can I trade Coinbase Wrapped BTC?

Swap it on Curve, Uniswap, Aerodrome or any DEX that lists ERC-20 or SPL cbBTC pairs.

Can I earn yield with cbBTC?

Provide liquidity or lend cbBTC on Aave, Compound, Morpho or Curve farms to collect interest and rewards.

Which networks support cbBTC today?

Ethereum, Base, Solana and Arbitrum, with more chains planned.

Is cbBTC available in New York?

Not yet; Coinbase is pursuing the BitLicense so New York users can wrap in future.

Top Crypto Exchanges to Trade Coinbase Wrapped BTC (CBBTC)

#	Exchange	Pair	Price	24h Volume
1	Aerodrome SlipStream	0XCBB7C000.../0X42000000...	~$28.016	$87,265,725
2	Aerodrome SlipStream	0XCBB7C000.../0X833589FC...	~$68,090.037	$68,941,042
3	Uniswap V3 (Ethereum)	0XCBB7C000.../0X2260FAC5...	~$1.002	$9,134,687
4	Aerodrome (Base)	0X0B3E3284.../0XCBB7C000...	~$0.0000052	$5,682,015
5	PancakeSwap V3 (Base)	0XCBB7C000.../0X42000000...	~$28.013	$4,751,881
6	PancakeSwap V3 (Base)	0XCBB7C000.../0X833589FC...	~$68,061.018	$1,758,380
7	Uniswap V3 (Base)	0XCBB7C000.../0X42000000...	~$28.02	$1,435,050
8	Aerodrome SlipStream	0X236AA509.../0XCBB7C000...	~$1	$657,719
9	BaseSwap V3	0XCBB7C000.../0X42000000...	~$28.0096	$508,752
10	Aerodrome SlipStream	0XB79DD08E.../0XCBB7C000...	~$0.000015	$473,172
11	Alien Base V3	0XCBB7C000.../0X42000000...	~$28.013	$348,293
12	Aerodrome SlipStream	0X60A3E35C.../0XCBB7C000...	~$0.000016	$293,986
13	Curve (Ethereum)	0XCBB7C000.../0X2260FAC5...	~$1.0022	$232,181
14	Uniswap V3 (Base)	0XCBB7C000.../0X42000000...	~$28.016	$161,433
15	Aerodrome SlipStream	0X9B8DF6E2.../0XCBB7C000...	~$0.0024	$54,634
16	Uniswap V3 (Base)	0XCBB7C000.../0X833589FC...	~$68,087.45	$30,433
17	BaseSwap V3	0XCBB7C000.../0X833589FC...	~$68,273.15	$26,921
18	PancakeSwap V3 (Base)	0XCBB7C000.../0XD9AAEC86...	~$68,291.25	$25,255
19	BaseSwap V3	0XCBB7C000.../0X42000000...	~$28.014	$19,016.24
20	Aerodrome SlipStream	0XCBB7C000.../0XF1143F3A...	~$1.0021	$15,281.76
21	DackieSwap V3	0XCBB7C000.../0X42000000...	~$28.01	$5,837.82
22	BaseSwap V3	0X2AE3F1EC.../0XCBB7C000...	~$0.039	$3,986.78
23	DackieSwap V3	0XCBB7C000.../0X833589FC...	~$68,274.87	$3,964.54
24	Aerodrome (Base)	0X940181A9.../0XCBB7C000...	~$0.000016	$142.49
25	Uniswap V3 (Ethereum)	0XCBB7C000.../0X2260FAC5...	~$1.002	$1,141,397
26	Uniswap V3 (Ethereum)	0X8236A870.../0XCBB7C000...	~$1	$594,060
27	Uniswap V3 (Ethereum)	0XA0B86991.../0XCBB7C000...	~$0.000015	$301,356
28	Aerodrome (Base)	0XCBB7C000.../0X833589FC...	~$68,057.7	$189,398
29	Aerodrome (Base)	0XCBB7C000.../0X42000000...	~$28.033	$62,812
30	PancakeSwap V3 (Ethereum)	0XCBB7C000.../0X2260FAC5...	~$1.0019	$64,827
31	Aerodrome (Base)	0XCBB7C000.../0XF544251D...	~$292,625.96	$11,428.45
32	Uniswap V3 (Base)	0XCBB7C000.../0X833589FC...	~$68,084.18	$24,601
33	Aerodrome (Base)	0X74CCBE53.../0XCBB7C000...	~$0.0000005	$174.51
34	Uniswap V3 (Base)	0X236AA509.../0XCBB7C000...	~$1	$5,567.92
35	Aerodrome SlipStream	0XCBB7C000.../0XCDE172DC...	~$14,335,516.17	$3,869.23
36	Aerodrome (Base)	0X532F2710.../0XCBB7C000...	~$0.0000011	$1,053.24
37	Uniswap V3 (Base)	0X9B8DF6E2.../0XCBB7C000...	~$0.0024	$1,044.91
38	Uniswap V3 (Base)	0X4D25E942.../0XCBB7C000...	~$0.0000000055	$588.45
39	Aerodrome (Base)	0XCBB7C000.../0XE31EE12B...	~$62,046.15	$405.25
40	Aerodrome (Base)	0XCACF1CA0.../0XCBB7C000...	~$0.0000000018	$99.61
41	Equalizer (Base)	0X54016A48.../0XCBB7C000...	~$0.0000024	$27.73
42	Aerodrome (Base)	0XCBB7C000.../0XCDE172DC...	~$14,235,922.14	$20.72
43	Uniswap V3 (Base)	0XC1CBA3FC.../0XCBB7C000...	~$0.042	$14.08
44	Aerodrome (Base)	0X236AA509.../0XCBB7C000...	~$1	$292.69
45	Uniswap V3 (Base)	0XB79DD08E.../0XCBB7C000...	~$0.000015	$533,534
46	Alien Base V3	0XCBB7C000.../0X833589FC...	~$68,139.34	$374,342
47	Uniswap V3 (Ethereum)	0XCBB7C000.../0XC02AAA39...	~$28.009	$249,803
48	Uniswap V3 (Base)	0XCBB7C000.../0XECAF81EB...	~$543,401,228	$3,175.51
49	Uniswap V2 (Base)	0X2AE3F1EC.../0XCBB7C000...	~$0.039	$1.83
50	Uniswap V3 (Base)	0XCBB7C000.../0X833589FC...	~$68,912.63	$168.85
51	PancakeSwap V3 (Ethereum)	0XA0B86991.../0XCBB7C000...	~$0.000015	$446.55
52	PancakeSwap V3 (Ethereum)	0XCBB7C000.../0XC02AAA39...	~$27.73	$12.19
53	Uniswap V3 (Base)	0XCBB7C000.../0XD33C7B75...	~$1,631,507.076	$57.85
54	Uniswap V3 (Base)	0XCBB7C000.../0X833589FC...	~$69,411.62	$6,583.01
55	Uniswap V3 (Ethereum)	0XA0B86991.../0XCBB7C000...	~$0.000015	$11.1
56	Matcha (Base)	0X42000000.../0XCBB7C000...	~$0.037	$28,111
57	Matcha (Base)	0X833589FC.../0XCBB7C000...	~$0.000014	$3,900.04
58	Matcha (Base)	0XCBB7C000.../0XD9AAEC86...	~$72,113.75	$21.74
59	BaseSwap V3	0X0B3E3284.../0XCBB7C000...	~$0.0000046	$17,013.54
60	Uniswap V3 (Base)	0X85483696.../0XCBB7C000...	~$0.000015	$149.24
61	Curve (Ethereum)	0X18084FBA.../0XCBB7C000...	~$0.99	$51,809
62	Uniswap V3 (Base)	0XC1CBA3FC.../0XCBB7C000...	~$0.043	$1
63	Equalizer (Base)	0XCBB7C000.../0X42000000...	~$29.042	$30.36
64	Matcha (Ethereum)	0XA0B86991.../0XCBB7C000...	~$0.000014	$714,125
65	Matcha (Ethereum)	0XCBB7C000.../0XDAC17F95...	~$69,229.37	$103,808