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ProtocolsCoinbase BTC

Coinbase BTC

Total Value Locked$2.5b

Chain Breakdown
Bitcoin	$2.5b

Information

Protocol Information

cbBTC is a wrapped token backed 1:1 by BTC held by Coinbase

Category: Bridge

Website Twitter

Token Information

Methodology

BTC collateral backing CBBTC. https://www.coinbase.com/cbbtc/proof-of-reserves

Competitors

WBTC ($12.47b)Binance Bitcoin ($6.59b)SolvBTC ($1.46b)Function ($1.31b)Merlins Seal ($901.55m)JustCryptos ($3.18b)Portal ($3.17b)Hyperliquid Bridge ($2.55b)Free Protocol ($710.27m)PumpBTC ($619.57m)

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