Coinbase BTC

Total Value Locked$1.929b
Chain Breakdown
Bitcoin$1.929b
USDBTC

Protocol Information

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

Category:Bridge

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Methodology

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

TVL

Competitors

WBTC($10.244b)Binance Bitcoin($5.393b)Function FBTC($1.194b)SolvBTC($913.42m)Merlins Seal($703.57m)Portal($2.257b)JustCryptos($2.25b)Hyperliquid Bridge($1.97b)USDT0($1.002b)Free Protocol($554.43m)