Ask about Coinbase Wrapped Staked ETH
Logo of Coinbase Wrapped Staked ETHCoinbase Wrapped Staked ETH
Total Value Locked$262.11m

TVL by Chain

Ethereum$262.11m

Key Metrics

Fees (Annualized)$38.94m
Fees 30d$2.1m

Ethereum$2.1m

Fees 7d$402,525

Ethereum$402,525

Fees 24h$55,394

Ethereum$55,394

Cumulative Fees$54.56m

Ethereum$54.56m

Revenue (Annualized)$3.89m
Revenue 30d$209,859

Ethereum$209,859

Revenue 7d$40,253

Ethereum$40,253

Revenue 24h$5,539

Ethereum$5,539

Cumulative Revenue$5.46m

Ethereum$5.46m

Protocol Information

Coinbase is allowing customers who stake ETH to receive an ERC20 utility token called Coinbase Wrapped Staked ETH (“cbETH”), which is a liquid representation of their staked-ETH.

CategoryLiquid Staking
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total validators and MEV rewards from staked ETH.View code on GitHubRevenue: Coinbase takes a 10% staking service fee for ETH.View code on GitHub

Yields

Pools Tracked1

Average APY2.75%

Competitors

Lido ($14.978b)Binance staked ETH ($6.127b)Rocket Pool ($886.38m)StakeWise V2 ($605.76m)Liquid Collective ($585.21m)mETH Protocol ($360.91m)Stader ($232.2m)Frax Ether ($92.1m)stake.link liquid ($56.39m)Veno Finance ($36.29m)