Coinbase Wrapped BTC CBBTC
Categories
Token Intelligence Summary
CBBTC is currently quiet in the Robinhood Chain & Base ecosystem, with no strong catalyst signals detected yet. No ecosystem catalysts reference it yet, so this is a market-only read.
Why it Matters
CBBTC is a tracked Robinhood Chain & Base asset. Monitoring its market and liquidity helps surface catalysts before they are widely noticed.
Market Context
Price $62,686 · market cap $5.76B · FDV $5.76B · 24h volume $199.08M (3% turnover) · +0.0% 24h / +4.4% 7d. No indexed on-chain pools found.
Confidence — High
Backed by live market data.
Risk Score — 0/100 (Medium)
Medium risk — driven by no indexed on-chain liquidity, no corroborating catalysts.
Volume & Liquidity
24h volume $199.08M (3% of market cap).
No indexed on-chain pools found for this token.
Holder distribution is not available from the connected public data sources.
Source Evidence
Description
Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers…