Wrapped Backed Coinbase Global(wbCOIN)
Onchain Marketcap$38,088

Onchain Marketcap by chain

Base$37,645

Avalanche$443

Ethereum$0

Polygon$0

Key Metrics

Active Marketcap$38,088

Base$37,645

Avalanche$443

Ethereum$0

Polygon$0

DeFi Active TVL$3,651
Morpho Blue$2,296

Base$2,296

Aerodrome Slipstream$1,280

Base$1,280

Uniswap V4$58

Base$39

Avalanche$19

Balancer V3$17

Base$17

Net Flows 7d-

Net Flows 30d-

wbCOIN Price$144.89

Chains6

Token Properties

Asset ClassSingle Asset Wrapper,Stock Backed
TypeWrapper
RWA ClassificationProgrammable Finance
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:Chainlink Proof of Reserve + The Network FirmView proof

Attestations

Date of Last Attestation:Continuous (on-chain)

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