# Coinbase Wrapped Assets

> Track Coinbase Wrapped Assets' TVL with daily on-chain data across 4 chains. Compare Coinbase Wrapped Assets with other tokenized cryptoasset projects.

Source: [Coinbase Wrapped Assets on Token Terminal](https://tokenterminal.com/explorer/projects/coinbasewrappedassets). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Tokenized cryptoasset
- Chains: arbitrum, base, ethereum, solana

## About

### What it is

Coinbase Wrapped Assets groups every cb-token Coinbase issues natively. The project reports the combined value of that supply. It is not a single token, and it does not track the price of any one wrapped asset.

### Who uses it

Coinbase Wrapped Assets is Coinbase's custody program for wrapping other crypto assets. Coinbase holds the underlying asset and issues a 1:1 cb-token for it onchain.

### How it works

For each supported asset, Coinbase holds the native asset in custody and mints the matching cb-token, so the asset can be held and used in onchain applications. Today the program covers cbBTC on Ethereum, Base, Arbitrum and Solana, and cbXRP, cbADA, cbDOGE, cbLTC, cbHYPE, cbMEGA and cbZEC on Base.

## Metrics

Token Terminal tracks these metrics for Coinbase Wrapped Assets daily. Each page has a chart with the full history.

- [Total value locked](https://tokenterminal.com/explorer/projects/coinbasewrappedassets/metrics/tvl)

## Links

- [website](https://www.coinbase.com/cbbtc)
- [twitter](https://twitter.com/coinbase)