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Coinbase Wrapped Staked ETH

(CBETH)

$ 3,518.2

2.69 % (24H)

Coinbase Wrapped Staked ETH Data

Price Range (24H)

Current Price

Lowest

$ 3,500.68

Highest

$ 3,659.04

ATH

$ 4,450

Price Change (24h)

2.69 %

Price Change (7d)

0 %

Market Cap

$ 1.31 B

24h Volume

$ 5,219,410

Circulating Supply

167,027

Max Supply

-1

Coinbase Wrapped Staked ETH Overview

CBETH is a token that represents staked ETH on the Ethereum 2.0 network. It allows users to participate in staking without having to lock up their ETH or run a validator node. CBETH can be traded on DeFi platforms and used as collateral for lending and borrowing. CBETH was created by Coinbase, a cryptocurrency exchange platform. It can be used to participate in Ethereum 2.0 staking indirectly, trade on DeFi platforms, use as collateral for lending and borrowing, and enhance liquidity in the Ethereum ecosystem. CBETH is a wrapped token, which means that it is backed by a certain amount of ETH. When you purchase CBETH, you are essentially buying a claim to a portion of the ETH that has been staked on the Ethereum 2.0 network. You will receive staking rewards proportional to your CBETH holdings.