Coinbase Wrapped BTC (cbBTC)

Do more with Bitcoin onchain

Coinbase has rolled out cbBTC , an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase. IEssentially, holding cbBTC is equivalent in value to holding BTC. With cbBTC, users can trade, provide liquidity to DeFi protocols, or use it as collateral to borrow other crypto assets. More information here.

cbBTC is supported on only Base and Ethereum chains at the moment. However, there are plans to include more chains.

Contract Addresses:

• Base: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf

• Ethereum: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf

We'll be focusing on cbBTC on the Base chain.