Rank: 140
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cbETH Price
Contracts/Explorers:
Ethereum
Funds and Backers
No funds found yet
Wallets
No wallets found yet
cbETH is a liquid staking token where the staked asset is Ethereum (ETH), and the staking provider and token issuer is Coinbase.
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's current price is $ 3,241, it has dropped -1.99% over the past 24 hours.
Coinbase Wrapped Staked ETH's All Time High (ATH) of $ 4,331 was reached on 12 Mar 2024, and is currently -25.2% down.
The current circulating supply of Coinbase Wrapped Staked ETH is 175.67 Thousands tokens, and the maximum supply of cbETH is unlimited.
Coinbase Wrapped Staked ETH’s 24 hour trading volume is $ 2.97 Million.
Coinbase Wrapped Staked ETH's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 569.31 Million.
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