Backed Finance logoWrapped Backed Coinbase Global(wbCOIN)

Onchain AUM$30,582

Onchain AUM by chain

Base$30,247

Avalanche$333

Gnosis$2

Ethereum$0

Polygon$0

Key Metrics

Active AUM$30,582

Base$30,247

Avalanche$333

Gnosis$2

Ethereum$0

Polygon$0

DeFi Active TVL$3,570
Morpho Blue$2,617

Base$2,617

Aerodrome Slipstream$850

Base$850

Aero Slipstream$65

Base$65

Balancer V3$22

Base$22

Uniswap V4$16

Avalanche$16

Net Flows 7d+$400.45

Net Flows 30d+$1,271

wbCOIN Price$109

Chains6

Token properties

Asset ClassStock Backed
WrapsbCOIN
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformBacked Finance

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset information

IssuerBacked Assets (JE) Limited

ISINCH1173294245

Registry InformationBacked Assets (JE) Limited - Jersey company no. 152608, registered address First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, Jersey JE2 4UE. LEI 984500001AB7C6C7F577.

Sourcehttps://assets.backed.fi/products/bcoin

Oracle

Provider:ChainlinkView proof

Attestations

Attestation Frequency:Continuous (real-time Chainlink PoR)

Reports:

Notes

  • wbCOIN is the ERC-4626 wrapped version of bCOIN (Backed Coinbase Global), deployed across multiple chains. It wraps bCOIN into a standardized vault-share token to enable DeFi composability such as use as collateral in lending markets, automated strategies, and other yield protocols. Each wbCOIN represents a share claim on deposited bCOIN. Underlying real-world exposure, redemption mechanics, and reference price tracking are inherited from the underlying bCOIN token issued by Backed Finance. The wrapper does not rebase, so its share-to-underlying ratio grows as Backed's bToken adjusts its balance for dividends and corporate events, making it a total-return tracker rather than a price-parity tracker.

Chains