Coinbase's cbETH: Liquid staking for ETH, DeFi utility.
Coinbase offers cbETH, a liquid staking token for ETH, enabling trading, DeFi use, and transfers while maintaining the ETH staking position.
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What is Coinbase Wrapped Staked ETH (CBETH)?
Coinbase is introducing Coinbase Wrapped Staked ETH (cbETH), a liquid staking token for ETH stakers. This allows users who stake ETH through Coinbase to receive cbETH in return, representing their staked Ether. Coinbase intends for cbETH to be widely used for trading, transferring, and participating in DeFi. By creating cbETH and open-sourcing its smart contracts, Coinbase aims to contribute to the growth and innovation of the crypto ecosystem. cbETH offers several potential use cases: * **Selling Staked ETH:** Convert your staked ETH to cbETH and sell it for cash. * **DeFi Collateral:** Use cbETH as collateral in DeFi protocols to borrow funds while maintaining your ETH staking position. * **Transferring Staked ETH:** Easily transfer your staked ETH to non-custodial wallets by send...
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Coinbase Wrapped Staked ETH price live information
As of now, Coinbase Wrapped Staked ETH is trading at 1 983.117079 USD, with a 24-hour trading volume of approximately 0 USD. The CBETH to USD price is updated in real time. Over the past 24 hours, Coinbase Wrapped Staked ETH has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 241.32M USD. Currently, there are 121 686.633671 CBETH in circulation out of a maximum supply of 373 334.078223 CBETH.
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