Coinbase Wrapped Staked Ether(cbETH)Liquid staking
Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (circulating)
Assets staked (annualized)
P/S ratio (circulating)
Daily active users (30d average)
Active developers (30d average)
Code commits (30d sum)
What is Coinbase Wrapped Staked Ether
Coinbase Wrapped Staked Ether is a liquid staking derivative product offered by Coinbase. Coinbase was founded by Brian Armstrong and launched in 2012.
How does Coinbase Wrapped Staked Ether work
Coinbase users convert their staked ETH into cbETH, a liquid ERC-20 token representing their staked ETH. Stakers receive a return on investment in the form of staking rewards (supply-side fees).
Who governs Coinbase Wrapped Staked Ether
Coinbase governs wrapping and unwrapping staked ETH to cbETH. They currently take a cut of the total staking rewards earned by the product (revenue).