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Coinbase Wrapped Staked ETH
Coinbase Wrapped Staked ETH

Coinbase Wrapped Staked ETH

Liquid Staking

Coinbase Wrapped Staked ETH (cbETH), launched in August 2022, gives users a convenient way to keep earning staking rewards while retaining liquidity on their staked Ethereum. Each cbETH token represents a staked ETH plus accumulated rewards, meaning its value grows over time. Since it’s designed as an ERC-20 token, cbETH can be freely traded or used across DeFi applications, adding flexibility for users interested in decentralized finance. Coinbase’s goal with cbETH is to provide a straightforward way for Ethereum stakers to maximize their assets’ potential in DeFi without waiting for long lock-up periods.

TVL
$597 337 008
Blockchain
N/A
Promo bonus
No bonus for now

Coinbase Wrapped Staked ETH offers

Est. APY
2.82%
Status
Available
Term
Flexible
TVL$556 670 700
Blockchain
Ethereum
Ethereum

Crypto earn alerts on Coinbase Wrapped Staked ETH

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Coinbase Wrapped Staked ETH, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Coinbase Wrapped Staked ETH.

Earning crypto on Coinbase Wrapped Staked ETH

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Coinbase Wrapped Staked ETH. Check the table above for all the details.

Current TVL of the Coinbase Wrapped Staked ETH protocol

The Coinbase Wrapped Staked ETH protocol's Total Value Locked (TVL) is currently $597 337 008. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Coinbase Wrapped Staked ETH is holding.

Coinbase Wrapped Staked ETH protocol type

Coinbase Wrapped Staked ETH enables users to stake assets without locking them up entirely, offering a token that reflects their staked balance. This token can be used in DeFi activities like trading or lending, allowing users to earn staking rewards while keeping their assets flexible. This setup maximizes both earning potential and liquidity.

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