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ProtocolsCoinbase Wrapped Staked ETH

Coinbase Wrappe...

Total Value Locked
$212m  .csv
Chain Breakdown
Ethereum$212m
USDETH

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.

Category:Liquid Staking

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Development Activity

(updated at 12/04/25)

Weekly commits: 203
Monthly commits: 434
Weekly developers: 26
Monthly developers: 39

Last commit: 6 days ago (2025-04-12)

Methodology

TVL code

Competitors

Lido ($14.718b)Binance staked ETH ($3.35b)Rocket Pool ($1.101b)mETH Protocol ($618.85m)StakeWise V2 ($518.84m)Jito Liquid Staking ($2.281b)Infrared Finance ($1.432b)Sanctum Validator LSTs ($1.187b)Binance Staked SOL ($1.13b)Jupiter Staked SOL ($648.05m)