As of now Coinbase Wrapped BTC cbBTC is trading at $105.6K, reflecting a0.65% increase over the past 24 hours.
The 24-hour trading volume for cbBTC is $27.4M, an increase of 0.72% from yesterday.
Its current market capitalization is approximately $333.9M. Liquidity across major Solana DEXes is currently at $30.8M.
cbBTC is actively traded in Solflare wallet. The token is verified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset. You can also set advanced limit orders for this token directly within the Solflare wallet, allowing you to automate trades based on your chosen price targets.
Market Data
Market Cap
333.95M
Volume 24h
27.44M+0.72%
FDV
4.87B
Liquidity
30.78M
Total Supply
∞
Circulating Supply
46.39K
About Coinbase Wrapped BTC cbBTC
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 the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.
The current price of Coinbase Wrapped BTC is $105,613.5. Over the past 24 hours, the price has increased by 0.65%, reflecting recent market activity. Keep in mind that crypto prices can change rapidly, so always check live charts for the most up-to-date information.
In the last 24 hours, Coinbase Wrapped BTC has recorded a trading volume of $27.44 million, which is an increase of +0.65% from the day before. Trading volume indicates how actively cbBTC is being bought and sold across different crypto markets. A high trading volume often shows strong market interest and liquidity, making it easier to enter or exit positions.
Coinbase Wrapped BTC currently has a market cap of $333.95 million, placing it among mid-cap assets. Market cap is calculated by multiplying the current price of cbBTC by its circulating supply and helps estimate the project’s (token’s) total value and its position relative to other crypto projects.
You can buy, sell, or swap Coinbase Wrapped BTC directly in the Solflare Wallet using the built-in Swap feature. Just open your Solflare wallet, head to the Swap tab, and select cbBTC from the token list. You can swap from SOL or any supported SPL token in a few simple steps—no exchange account needed.
The official Solana contract address for Coinbase Wrapped BTC is cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij Always double-check that you’re using the correct token address to avoid scams or fake tokens.
The best way to store Coinbase Wrapped BTC is with a Solflare non-custodial wallet. Solflare gives you secure self-custody with full control over your private keys and seamless access to the Solana ecosystem. Store and manage all your SPL tokens in one place using the mobile app or browser extension. For added security, consider using your Solflare wallet in combination with a hardware wallet like Ledger.
Yes, Coinbase Wrapped BTC has undergone a smart contract audit and verification to ensure it meets security and transparency standards. Always review audit reports for details about what was tested and any issues discovered.
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