Coinbase Wrapped BTC(CBBTC)

Token Price$77,346

24h Change+0.56%

All Time HighOct 6, 2025$125,954

All Time LowSep 12, 2024$57,439

Key Metrics

$7.722b

99,834.03 CBBTC

Volume 24h$419.45m

CEX Volume$0

DEX Volume$395.59m

Risks

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

Maximum possible exposure to CBBTC

$2.915b

$603.33m (max additional borrows against CBBTC) + $2.312b (bad debt if CBBTC was hacked now)

Aave V3

$621.7m at-risk exposure = $335.71m bad debt if hacked + $285.99m additional borrowable against CBBTC

Morpho V1

$1.981b at-risk exposure = $1.779b bad debt if hacked + $201.49m additional borrowable against CBBTC

Compound V3

$71.19m at-risk exposure = $17.29m bad debt if hacked + $53.91m additional borrowable against CBBTC

Fluid

$42.39m at-risk exposure = $6.95m bad debt if hacked + $35.44m additional borrowable against CBBTC

SparkLend

$174.69m at-risk exposure = $154.1m bad debt if hacked + $20.59m additional borrowable against CBBTC

Euler V2

$5.14m at-risk exposure = $65,278.72 bad debt if hacked + $5.07m additional borrowable against CBBTC

Neverland

$841,623.85 at-risk exposure = -- bad debt if hacked + $841,623.85 additional borrowable against CBBTC

Maple

$18.31m at-risk exposure = $18.31m bad debt if hacked + $0 additional borrowable against CBBTC

Methodology and limitations

Showing collateral exposure for CBBTC 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 CBBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Aave V3	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$261.12m	$335.71m
Morpho V1	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$157.46m	$1.411b
Compound V3	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$52.4m	$17.29m
Morpho V1	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$43.44m	$357.41m
Fluid	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$30.13m	$4.4m
Aave V3	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$24.87m	—
SparkLend	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$20.59m	$154.1m
Fluid	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$5.24m	$2.55m
Euler V2	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$4.29m	$30,326.92
Compound V3	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$1.51m	—

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Rows per page

Token Usage

An is required to view token usage.

Liquidations

An is required to view token liquidations.

Yields

Showing 10 of 47 pools

Pool	Reference	Protocol
1 aEthcbBTCAave Ethereum cbBTC	cbBTC	Aave V3	$1.405b	<0.01%	Stable 93	1,741
2 spcbBTCSpark cbBTC	cbBTC	SparkLend	$341.72m	<0.01%	Mixed 66	244
3 aBascbBTCAave Base cbBTC	cbBTC	Aave V3	$216.03m	0.01%	Stable 95	16,268
4 cbBTCSOL/BTC Market	cbBTC	Kamino Lend	$57.27m	<0.01%	Stable 73
5 aHyperBTCHyperithm Delta Neutral cbBTC Vault	cbBTC	Accountable🪂	$33.42m	7.02%6.80%+0.22%	Stable 97	54
6 cbBTCCore	cbBTC	Aave V4	$16.42m	<0.01%	Stable 67	0
7 cbBTCPrime	cbBTC	Aave V4	$11.3m	0.00%	Stable 100	0
8 T9cbBTCFlagship cbBTC	cbBTC	Lagoon🪂	$9.64m	1.99%	Stable 91	29
9 wmtcbBTCWintermute Trading Coinbase Wrapped BTC	cbBTC	Wildcat Protocol💸	$9.46m	4.00%	Stable 100	34
10 yoBTCyoBTC	cbBTC	YO Protocol	$7.59m	0.00%	Stable 100	507

Page 1 of 5

Borrow

Showing 10 of 142 routes

Use CBBTCBorrow CBBTC

Collateral / Borrow	Protocol
1 cbBTC / WBTCNeverland Markets	Neverland	+4.04%	4.83%0.98%+3.85%	0.79%4.53%-3.74%	$345,966	70%
2 cbBTC / WETHNeverland Markets	Neverland	+3.37%	4.83%0.98%+3.85%	1.46%3.92%-2.46%	$959,017	70%
3 cbBTC / AUSDNeverland Markets	Neverland	+2.16%	4.83%0.98%+3.85%	2.67%8.24%-5.57%	$487,001	70%
4 cbBTC / USDCPrime / Bluechip	Aave V4	+2.02%	0.00%	-2.02%4.99%-7.01%	$602,497	84.5%
5 cbBTC / USDCPrime / Bluechip	Aave V4	+2.02%	0.00%	-2.02%4.94%-6.96%	$423,422	84.5%
6 cbBTC / WMONNeverland Markets	Neverland	+1.87%	4.83%0.98%+3.85%	2.96%10.53%-7.57%	$232,938	70%
7 cbBTC / XAUt0Neverland Markets	Neverland	+1.82%	4.83%0.98%+3.85%	3.01%5.28%-2.27%	$26,667	70%
8 cbBTC / USDCNeverland Markets	Neverland	+0.25%	4.83%0.98%+3.85%	4.58%7.10%-2.53%	$1.46m	70%
9 cbBTC / USDT0Neverland Markets	Neverland	+0.14%	4.83%0.98%+3.85%	4.69%6.84%-2.15%	$1.31m	70%
10 cbBTC / LINK	Dolomite	>-0.01%	<0.01%	<0.01%	$40,267	78%

Page 1 of 15

Protocol	Chain
Aave V3	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$261.12m	$335.71m
Morpho V1	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$157.46m	$1.411b
Compound V3	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$52.4m	$17.29m
Morpho V1	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$43.44m	$357.41m
Fluid	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$30.13m	$4.4m
Aave V3	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$24.87m	—
SparkLend	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$20.59m	$154.1m
Fluid	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$5.24m	$2.55m
Euler V2	Ethereum	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$4.29m	$30,326.92
Compound V3	Base	cbBTC0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf	$1.51m	—