Coinbase Wrapped XRP CBXRP

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Token Intelligence Summary

CBXRP is currently quiet in the 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

CBXRP is a tracked Base asset. Monitoring its market and liquidity helps surface catalysts before they are widely noticed.

Market Context

Price $1.51 · market cap $209.38M · FDV $209.38M · 24h volume $1.14M (1% turnover) · -0.1% 24h / -0.4% 7d. 20 pool(s) holding $1.50M total liquidity.

Confidence — High

Backed by live market data, 20 on-chain pools.

Risk Score — 0/100 (Low)

Low risk — driven by no corroborating catalysts.

Volume & Liquidity

24h volume $1.14M (1% of market cap).

No tracked liquidity change; current on-chain liquidity $1.50M across 20 pool(s).

Holder distribution is not available from the connected public data sources.

Source Evidence

Description

Coinbase Wrapped XRP ("cbXRP") is a token that is backed 1:1 by native Ripple (XRP) held by Coinbase, meaning that for all cbXRP in circulation, there is an equivalent amount of XRP held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbXRP, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbXRP and redeem a corresponding amount of the underlying XRP simply by depositing the cbXRP into their Coinbase accounts. cbXRP is built to be seamlessly compatible with DeFi applications, giving customers…

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