Coinbase Wrapped Staked ETH cbETH Price, Live Charts, and News in United Kingdom

Name: Coinbase Wrapped Staked ETH
Brand: Cryptocurrency
SKU: CBETH
Price: 2663.678069881690513710527976978549 GBP
Availability: InStock

Coinbase Wrapped Staked ETH

cbETH

Explore Coinbase Wrapped Staked ETH

Create a Coinbase account to buy and sell Coinbase Wrapped Staked ETH and start your crypto journey!

Buy Coinbase Wrapped Staked ETH

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

•

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

•

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

•

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

•

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

•

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

•

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

◦

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

•

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

•

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

•

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

Wrapped tokens

Wrapped crypto-assets (e.g. cbETH, ) (often referred to as ‘wrapped tokens’) are tokenised representations of other crypto-assets. They are typically created to facilitate compatibility and interaction across different blockchain protocols.

•

Smart contract risk: Wrapped tokens rely on smart contracts to ensure their value remains pegged to the underlying asset. These contracts could have vulnerabilities or flaws that can be exploited, potentially leading to a loss of funds.

•

Collateral risk: The value of a wrapped token is typically backed by an equivalent amount of the underlying asset. If the mechanisms ensuring this collateralization fail, the wrapped token's value might not be preserved.

•

Custodial risk: The underlying assets for wrapped tokens may be held in custody by a third party. If this party becomes insolvent, mismanages the assets, or is subjected to fraud or hacking, the value of the wrapped token might be jeopardized.

•

Bridging risk: Wrapped tokens are often used to bridge assets between different blockchain ecosystems. The integration layers that facilitate these bridges might suffer from technical issues, hampering the ability to transfer or utilize the tokens as intended.

•

Pricing disparity: In certain situations, the price of the wrapped asset and its underlying asset might diverge due to market inefficiencies or liquidity issues.

About Coinbase Wrapped Staked ETH

Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.

Resources



Whitepaper

Get up to $200 for getting started

Earn free crypto after making your first purchase. Terms apply.

Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

United Kingdom Market Stats

Market cap

£459.7M

Volume (24h)

£3.1M

Circulating supply

172.6K cbETH

Typical hold time

1 day

Popularity

#216

All time high

£3,473.87

Price change (1h)

Not enough data

Price change (24h)

Not enough data

Price change (7d)

Not enough data

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Coinbase Wrapped Staked ETH

Unchained • Apr 26, 24

New Bitcoin Exchange Traded Product Launches in Germany, Chasing 24/7 Trading

A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German s...

The Block • Apr 26, 24

Arkham Intel finds wallets associated with Wisdomtree’s Physical Bitcoin ETP WBIT

WBIT holds 8,900 BTC, worth around $579 million, across 134 wallets, Arkham Intel finds.

The Defiant • Apr 26, 24

Bitcoin Layer 2 Stacks Prepares for Nakamoto Upgrade, its Largest Hard-Fork Ever

The network is “transforming into a true Layer-2” said Rena Shah of Trust Machines.

Blockworks • Apr 26, 24

What was behind the run on Renzo’s liquid restaked ETH?

Renzo benefitted from the hyped up restaking narrative and points bonanza

BeInCrypto • Apr 26, 24

Learn-to-Earn and Its Impact on Crypto Literacy and User Acquisition

Amongst the many things that set the crypto space apart is its constant stream of innovation, emerging trends, and evolving narratives, all of which continually push the boundaries of finance and technology. In a dynamic industry characterized by fast-moving players, trends such as Play-to-Earn (...

Decrypt • Apr 26, 24

Ethereum Allies: Arbitrum Team Helps Optimism Avoid ‘High Risk’ Vulnerability

Reaching out to combat potential fraud, from one layer-2 to another.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

XYO

NKN

SUKU

UMA

DIA

API3

SUI

MXC

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Bitcoin

Ethereum

Tether

Solana

USDC

XRP

Dogecoin

Cardano

SHIBA INU

Avalanche

Polkadot

Bitcoin Cash

Recently added

A selection of the most recently added cryptocurrencies.

Arkham

Tensor

Safe

Karrat

Shadow Token

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Coinbase Wrapped Staked ETH in market cap.

Frax Share

Jupiter

eCash

Pendle

Frax

Nexo

PancakeSwap

Aave CRV V2

Rocket Pool

XDC Network

FTX Token

Jasmy

Advanced trading

Here is a selection of spot and futures markets that people watch

BTC Futures

ETH Futures

TRB-BTC

WBTC-BTC

ETH-BTC

CBETH-ETH

SOL-ETH

ADA-ETH

Discover more assets

A selection of other relevant cryptocurrencies

SHPING

The Sandbox

Perpetual Protocol

Aave

Dai

Compound

Propy

Dypius

Ethernity Chain

Paxos Standard

Maker

Alchemix

Social

Some highlights about Coinbase Wrapped Staked ETH on social media

92 unique individuals are talking about Coinbase Wrapped Staked ETH and it is ranked #1,014 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Coinbase Wrapped Staked ETH has an average sentiment score of 3.1 out of 5. Finally, Coinbase Wrapped Staked ETH is becoming more newsworthy, with 0 news articles published about Coinbase Wrapped Staked ETH. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Coinbase Wrapped Staked ETH. There were 75% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Coinbase Wrapped Staked ETH. 25% of tweets were neutral about Coinbase Wrapped Staked ETH. These sentiments are based on 4 tweets.

On Reddit, Coinbase Wrapped Staked ETH was mentioned in 0 Reddit posts and there were 0 comments about Coinbase Wrapped Staked ETH. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

92 people

Volume rank

#1,014

Average Sentiment

3.1 out of 5

Twitter

Tweet Count

4 people

Sentiment

75%

Bullish

25%

Neutral

Bearish

Coinbase Wrapped Staked ETH Calculator

How much is 1 cbETH?

Conversion Table

cbETH/USD (United States Dollar)

$3,327.18

cbETH/CAD (Canadian Dollar)

CA$4,549.60

cbETH/GBP (British Pound)

£2,663.68

cbETH/JPY (Japanese Yen)

¥526,572.20

cbETH/INR (Indian Rupee)

₹277,499.71

cbETH/BRL (Real)

R$17,022.99

cbETH/EUR (Euro)

€3,111.30

cbETH/NGN (Nigerian Naira)

NGN 4,389,562.49

cbETH/KRW (South Korean Won)

₩4,585,090.78

cbETH/SGD (Singapore Dollar)

S$4,534.07

The current price is £2,663.68 per cbETH with a 24-hour trading volume of £3.07M. Currently, Coinbase Wrapped Staked ETH is valued at 23.32% below its all time high of £3,473.87. This all-time high was the highest price paid for Coinbase Wrapped Staked ETH since its launch.

The current circulating supply of Coinbase Wrapped Staked ETH is 172,631.382 cbETH which means that Coinbase Wrapped Staked ETH has as total market cap of 172,631.382.

FAQ

What is the current price of Coinbase Wrapped Staked ETH?

We update our Coinbase Wrapped Staked ETH to GBP currency in real-time. Get the live price of Coinbase Wrapped Staked ETH on Coinbase.

What is the market cap of Coinbase Wrapped Staked ETH?

The current market cap of Coinbase Wrapped Staked ETH is £459.73M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Coinbase Wrapped Staked ETH?

The all-time high of Coinbase Wrapped Staked ETH is £3,473.87. This all-time high is highest price paid for Coinbase Wrapped Staked ETH since it was launched.

What is the 24 hour trading volume of Coinbase Wrapped Staked ETH?

Over the last 24 hours, the trading volume of Coinbase Wrapped Staked ETH is £3.07M.

What other assets are similar to Coinbase Wrapped Staked ETH?

Assets that have a similar market cap to Coinbase Wrapped Staked ETH include Frax Share, Jupiter, eCash, and many others. To see a full list, see our comparable market cap assets.

How many Coinbase Wrapped Staked ETH are there?

The current circulating supply of Coinbase Wrapped Staked ETH is 173 thousand.

What is the typical holding time of Coinbase Wrapped Staked ETH?

The median time that Coinbase customers hold Coinbase Wrapped Staked ETH before selling it or sending it to another account or address is 1 days.

What is the relative popularity of Coinbase Wrapped Staked ETH?

Coinbase Wrapped Staked ETH ranks 137 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Coinbase Wrapped Staked ETH?

Currently, 91% of Coinbase users are buying Coinbase Wrapped Staked ETH. In other words, 91% of Coinbase customers have increased their net position in Coinbase Wrapped Staked ETH over the past 24 hours through trading.

Can I buy Coinbase Wrapped Staked ETH on Coinbase?

Yes, Coinbase Wrapped Staked ETH is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Coinbase Wrapped Staked ETH guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.