CBBTC is trending in the Base ecosystem because TVL is moving, liquidity is shifting, trading volume is elevated, and official announcements have landed. Its strongest catalyst — “Coinbase Wrapped Staked ETH TVL surged 17.6% (1d)” — scored 62/100, and 1 catalyst reference it.
CBBTC is surfacing across real Base catalysts, so its market activity is likely connected to genuine ecosystem change — not just price noise. That makes it worth watching ahead of the crowd.
Price $69,310 · market cap $6.78B · FDV $6.78B · 24h volume $587.26M (9% turnover) · +7.3% 24h / +9.4% 7d. 20 pool(s) holding $101.94M total liquidity.
Backed by live market data, 1 related catalyst, 20 on-chain pools.
Low risk — deep liquidity, established cap and low volatility.
24h turnover 9% of market cap ($607.72M volume)
+17.6% TVL over 1d (now $427.63M)
Holder distribution is not available from the connected public data sources.
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…