Coinbase Wrapped Staked Ether
Market Open
9 Jun, 18:27
$
1,865. 90
-45.49
-2.3799%
$
176 Volume
$ 1,911.39
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CBETHUSD Overview
CBETHUSD denotes the market price of Coinbase Wrapped Staked Ether (CBETH) quoted in US dollars, reflecting the value of one CBETH token in USD terms.
Coinbase Wrapped Staked Ether is an ERC‑20 token introduced by Coinbase in March 2023. It was created to represent staked Ether held by Coinbase’s validator infrastructure and to provide a transferable claim on accrued staking rewards. As a blockchain‑based token issued on Ethereum, CBETH is tradable like other tokens and its circulating supply changes with staking activity and token issuance.
The CBETHUSD rate is determined by typical market forces—supply and demand across venues that list the token—while also tracking underlying ETH market dynamics. Differences between CBETH and native ETH can arise from factors such as staking inflows and outflows, liquidity on specific exchanges, perceived counterparty risk, and broader macro and regulatory developments that affect crypto markets.
Market participants use CBETHUSD to gain liquid exposure to staked Ether without waiting for on‑chain unbonding periods, to hedge or arbitrage between tokenized staking products and native ETH, and to allocate staking yield within trading strategies.
Price behavior can be correlated with ETH yet may exhibit independent volatility and spreads driven by liquidity and issuer‑specific considerations.
Coinbase Wrapped Staked Ether is an ERC‑20 token introduced by Coinbase in March 2023. It was created to represent staked Ether held by Coinbase’s validator infrastructure and to provide a transferable claim on accrued staking rewards. As a blockchain‑based token issued on Ethereum, CBETH is tradable like other tokens and its circulating supply changes with staking activity and token issuance.
The CBETHUSD rate is determined by typical market forces—supply and demand across venues that list the token—while also tracking underlying ETH market dynamics. Differences between CBETH and native ETH can arise from factors such as staking inflows and outflows, liquidity on specific exchanges, perceived counterparty risk, and broader macro and regulatory developments that affect crypto markets.
Market participants use CBETHUSD to gain liquid exposure to staked Ether without waiting for on‑chain unbonding periods, to hedge or arbitrage between tokenized staking products and native ETH, and to allocate staking yield within trading strategies.
Price behavior can be correlated with ETH yet may exhibit independent volatility and spreads driven by liquidity and issuer‑specific considerations.
CBETHUSD Chart
CBETHUSD FAQ
What is the current Coinbase Wrapped Staked Ether price?
The current price is $1,865.900000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -45.49 (-2.3799%), showing how much the asset has moved compared to the previous close.
What is the previous close for Coinbase Wrapped Staked Ether?
The previous close was $1,911.390000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-2.3799%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($1,827.830000) and highest ($1,916.820000) prices traded during the selected period, helping assess volatility.
Why is Coinbase Wrapped Staked Ether (CBETH) moving today?
Price movements in Coinbase Wrapped Staked Ether are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($1,865.900000) is below the previous close ($1,911.390000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Coinbase Wrapped Staked Ether?
You can view real-time charts, price updates, and market data for Coinbase Wrapped Staked Ether (CBETH) directly on this page.
