Coinbase Wrapped Staked ETH(CBETH)

Token Price$2,235-4.57%over 24h

All Time HighAug 24, 2025$5,441

All Time LowNov 9, 2022$1,037

Key Metrics

Market Cap$390.01m

Fully Diluted Valuation$834.42m

Circ. Supply174,495.69 CBETH

Volume 24h$2.13m

CEX$2.13m

Spot$2.13m

USD Perp$0

COIN Perp$0

DEX$0

Spot$0

USD Perp$0

COIN Perp$0

Website X/Twitter

Category:Liquid Staking Tokens

Risks

How much debt can be issued against CBETH as collateral across lending protocols.

Maximum possible exposure to CBETH

$69.37m

$43.82m (max additional borrows against CBETH) + $25.55m (bad debt if CBETH was hacked now)

Aave V3

$30.12m at-risk exposure = $2.34m bad debt if hacked + $27.78m additional borrowable against CBETH

Compound V3

$10.83m at-risk exposure = $20,182 bad debt if hacked + $10.81m additional borrowable against CBETH

Morpho V1

$26.85m at-risk exposure = $23.13m bad debt if hacked + $3.72m additional borrowable against CBETH

Fluid

$1.07m at-risk exposure = $28,041 bad debt if hacked + $1.04m additional borrowable against CBETH

Euler V2

$501,545 at-risk exposure = $27,861 bad debt if hacked + $473,683 additional borrowable against CBETH

Methodology and limitations

Showing collateral exposure for CBETH on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.

Show exposure details

Each row is one protocol-chain exposure for CBETH as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Aave V3	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$25.24m	—
Compound V3	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$9.92m	$20,182
Morpho V1	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$3.72m	$23.13m
Aave V3	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$2.54m	$2.34m
Fluid	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$1.04m	$28,041
Compound V3	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$890,880	—
Euler V2	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$473,683	$27,861
Morpho V1	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$0	$0

Loading exposure details...

Markets

Loading CBETH markets...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Showing 10 of 31 pools

Pool	Reference	Protocol
1 cbETHCoinbase Wrapped Staked ETH	ETH	Coinbase Wrapped Staked ETH	$385.76m	—	2.54%	—	Stable 73	54,610
2 aBascbETHAave Base cbETH	cbETH	Aave V3	$127.07m	+$2.58m	<0.01%	—	Mixed 63	13,392
3 aEthcbETHAave Ethereum cbETH	cbETH	Aave V3	$8.23m	-$4.08m	<0.01%	—	Stable 81	384
4 TAUCBETHTAU cbETH Dynamic Looping	cbETH	IPOR Fusion🪂	$4.67m	-$13,406	5.17%4.57%+0.60%	—	Mixed 43	236
5 WETH-cbETH	WETH-cbETH	Curve DEX	$871,532	—	1.57%1.56%+0.01%	—	Mixed 52	0
6 sd-cbeth-f-vaultStake DAO Curve.fi Factory Crypto Pool: cbETH/WETH Vault	WETH-cbETH	Stake DAO Yield	$820,746	—	1.58%1.57%+0.01%	—	Stable 70	50
7 cbETH-WETH0.05%	cbETH-WETH	Uniswap V3	$466,629	—	2.28%	—	Volatile 31	0
8 cbETH-cbBTCCL10 - 0.033%	cbETH-cbBTC	Aerodrome Slipstream	$257,521	—	97.60%11.98%+86.02%	—	Mixed 34	0
9 cbETH-WETHCL1 - 0.006%	cbETH-WETH	Aerodrome Slipstream	$247,854	—	2.51%2.29%+0.22%	—	Mixed 53	0
10 WETH-cbETH	WETH-cbETH	Curve DEX	$149,495	—	1.41%	—	Stable 75	0

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Borrow

Showing 10 of 46 routes

Use CBETHBorrow CBETH

Collateral / Borrow	Protocol
1 cbETH / weETH	Euler V2	-0.01%	0.00%	0.01%	$221,204	90%
2 cbETH / cbBTC	Euler V2	-0.02%	0.00%	0.02%	$63,439	75%
3 cbETH / LBTC	Euler V2	-0.03%	0.00%	0.03%	$54,515	73%
4 cbETH / cbBTC	Extra Finance Xlend	-0.04%	0.00%	0.04%	$337,179	75%
5 cbETH / wstETH	Euler V2	-0.04%	0.00%	0.04%	$11,600	91%
6 cbETH / cirBTC	Aave V3	-0.25%	<0.01%	0.25%	$1.38m	75%
7 cbETH / tBTCFrozen	Aave V3	-0.26%	<0.01%	0.26%	$35,458	75%
8 cbETH / cbBTC	Aave V3	-0.29%	<0.01%	0.29%	$11.45m	75%
9 cbETH / WBTC	Aave V3	-0.31%	<0.01%	0.31%	$14.27m	75%
10 cbETH / cbBTC	Aave V3	-0.64%	<0.01%	0.64%	$4.29m	75%

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Protocol	Chain
Aave V3	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$25.24m	—
Compound V3	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$9.92m	$20,182
Morpho V1	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$3.72m	$23.13m
Aave V3	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$2.54m	$2.34m
Fluid	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$1.04m	$28,041
Compound V3	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$890,880	—
Euler V2	Base	cbETH0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22	$473,683	$27,861
Morpho V1	Ethereum	cbETH0xbe9895146f7af43049ca1c1ae358b0541ea49704	$0	$0

Pool	Reference	Protocol
1 cbETHCoinbase Wrapped Staked ETH	ETH	Coinbase Wrapped Staked ETH	$385.76m	—	2.54%	—	Stable 73	54,610
2 aBascbETHAave Base cbETH	cbETH	Aave V3	$127.07m	+$2.58m	<0.01%	—	Mixed 63	13,392
3 aEthcbETHAave Ethereum cbETH	cbETH	Aave V3	$8.23m	-$4.08m	<0.01%	—	Stable 81	384
4 TAUCBETHTAU cbETH Dynamic Looping	cbETH	IPOR Fusion🪂	$4.67m	-$13,406	5.17%4.57%+0.60%	—	Mixed 43	236
5 WETH-cbETH	WETH-cbETH	Curve DEX	$871,532	—	1.57%1.56%+0.01%	—	Mixed 52	0
6 sd-cbeth-f-vaultStake DAO Curve.fi Factory Crypto Pool: cbETH/WETH Vault	WETH-cbETH	Stake DAO Yield	$820,746	—	1.58%1.57%+0.01%	—	Stable 70	50
7 cbETH-WETH0.05%	cbETH-WETH	Uniswap V3	$466,629	—	2.28%	—	Volatile 31	0
8 cbETH-cbBTCCL10 - 0.033%	cbETH-cbBTC	Aerodrome Slipstream	$257,521	—	97.60%11.98%+86.02%	—	Mixed 34	0
9 cbETH-WETHCL1 - 0.006%	cbETH-WETH	Aerodrome Slipstream	$247,854	—	2.51%2.29%+0.22%	—	Mixed 53	0
10 WETH-cbETH	WETH-cbETH	Curve DEX	$149,495	—	1.41%	—	Stable 75	0

Collateral / Borrow	Protocol
1 cbETH / weETH	Euler V2	-0.01%	0.00%	0.01%	$221,204	90%
2 cbETH / cbBTC	Euler V2	-0.02%	0.00%	0.02%	$63,439	75%
3 cbETH / LBTC	Euler V2	-0.03%	0.00%	0.03%	$54,515	73%
4 cbETH / cbBTC	Extra Finance Xlend	-0.04%	0.00%	0.04%	$337,179	75%
5 cbETH / wstETH	Euler V2	-0.04%	0.00%	0.04%	$11,600	91%
6 cbETH / cirBTC	Aave V3	-0.25%	<0.01%	0.25%	$1.38m	75%
7 cbETH / tBTCFrozen	Aave V3	-0.26%	<0.01%	0.26%	$35,458	75%
8 cbETH / cbBTC	Aave V3	-0.29%	<0.01%	0.29%	$11.45m	75%
9 cbETH / WBTC	Aave V3	-0.31%	<0.01%	0.31%	$14.27m	75%
10 cbETH / cbBTC	Aave V3	-0.64%	<0.01%	0.64%	$4.29m	75%

Overview