Coinbase Bridge vs WBTC
Compare Coinbase Bridge and WBTC on TVL, fees, revenue and activity to understand how these projects stack up.
$8.239B
cbBTC is Coinbase’s wrapped Bitcoin launched on Base and Ethereum to simplify DeFi access for exchange users. Custody is handled by Coinbase Prime with a daily on‑chain proof‑of‑reserve attestation signed by Deloitte. cbBTC is fungible 1:1 with native BTC and charges zero conversion fees during promotional periods.
View Full Page$9.836B
Wrapped BTC (WBTC) is a Bitcoin‑backed ERC‑20 minted by BitGo under a multi‑sig controlled by merchants and custodians. Each token is 1:1 redeemable for BTC, with reserves published every 24 hours and verifiable on chain. WBTC accounts for more than 70 % of tokenised bitcoin on Ethereum and serves as core collateral for Aave, Maker and Compound.
View Full PageKey Metrics Comparison
Coinbase Bridge
TVL$8.239B
24h VolumeN/A
24h Fees$0
24h Revenue$0
30d Fees$0
30d Revenue$0
7d TVL Change+1.99%
Dominance8.92%
WBTC
TVL$9.836B
24h VolumeN/A
24h Fees$0
24h Revenue$0
30d Fees$0
30d Revenue$0
7d TVL Change+3.07%
Dominance10.65%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
Coinbase Bridge
45.6%WBTC
54.4%Volume Share
Share of combined 24h volume
Coinbase Bridge
1.0%WBTC
1.0%Fees Share
Share of combined 24h fees
Coinbase Bridge
1.0%WBTC
1.0%Revenue Share
Share of combined 24h revenue
Coinbase Bridge
1.0%WBTC
1.0%7d TVL Performance
TVL change over last 7 days
Coinbase Bridge
1.99%WBTC
3.07%Dominance
Market dominance by TVL
Coinbase Bridge
8.9%WBTC
10.7%TVL Comparison
Coinbase Bridge
WBTC