cbETH

Coinbase Wrapped Staked ETH

Liquid Staking (ETH)CoinbaseEthereum / Base
YIELD
~2.41%
vs SAVINGS
+41bp
RISK
MEDIUM
RANK IN TYPE
1/3
VENUES
25

Peers · Liquid Staking (ETH)

AVG 2.29% · BENCH 2.00%
TICKERISSUERYIELDvs SAVRISKMIN
cbETH ◂Coinbase~2.41%+41bpMEDIUMNone
stETHLido DAO~2.29%+29bpMEDIUMNone (any amount of ETH)
rETHRocket Pool~2.17%+17bpMEDIUMFrom ~0.01 ETH

Description

ISSUER DOCS

ETH staking via Coinbase, wrapped as a transferable token. Custodial staking backend from a listed US company — the 'CeFi-flavoured' LST. Yield in ETH; principal carries ETH price risk.

Buying · Q&A

3 QUESTIONS
How do I buy cbETH?+

Stake ETH on Coinbase and wrap, or buy cbETH on a DEX. The token runs on Ethereum / Base. Minimum: None.

Where can I buy cbETH?+

cbETH trades on 25 exchanges and DEXs. By 24-hour volume the largest are Aerodrome SlipStream (CBETH/WETH), Aerodrome Slipstream 2 (CBETH/CBBTC), Hydrex Integral (CBETH/WETH), Coinbase Exchange (CBETH/USD), Maverick Protocol V2 (Base) (CBETH/WETH) (CoinGecko, 2026-10-13). Check that the venue serves your country before you sign up.

Do I need KYC to buy cbETH?+

Not on the secondary market: cbETH can be bought on a DEX without identity verification. Minting it directly with the issuer does require KYC.

Where to trade

25 VENUES · 24H VOL
VENUEPAIRVOLSPRD
DEXAerodrome SlipStream ↗CBETH/WETH$3.8M0.60%
DEXAerodrome Slipstream 2 ↗CBETH/CBBTC$3.6M0.60%
DEXHydrex Integral ↗CBETH/WETH$1.7M0.60%
CEXCoinbase Exchange ↗CBETH/USD$1.3M0.05%
DEXMaverick Protocol V2 (Base) ↗CBETH/WETH$1.2M0.61%
DEXUniswap V4 (Base) ↗CBETH/ETH$248K0.62%
DEXSolidly V3 (Base) ↗CBETH/WETH$92K0.68%
DEXQuickswap V4 (Base) ↗CBETH/CBBTC$19K0.61%
DEXUniswap V3 (Base) ↗CBETH/WETH$17K0.62%
CEXCoinbase Exchange ↗CBETH/ETH$6K0.02%
DEXPancakeSwap V3 (Base) ↗CBETH/WETH$5K0.62%
DEXQuickswap V4 (Base) ↗CBETH/WETH$5K0.61%

CoinGecko tickers · 2026-10-13 · not a recommendation of any venue — check access, fees and whether the venue serves your country.

Issuer · primary market

SUBSCRIBE / REDEEM
Coinbase

Stake ETH on Coinbase and wrap, or buy cbETH on a DEX

MIN
None
KYC
Required on Coinbase
CUSTODY
Self-custody token; custodial staking backend
GO TO COINBASE↗

Who may buy is set by the issuer — check their terms. Not investment advice.

Key facts

VERIFIED 2026-08-25
Yield / return
~2.41% (in ETH, after fee)
Risk
Medium (crypto price)
Minimum
None
Liquidity
CEX + DEX liquidity
Custody
Self-custody token; custodial staking backend
KYC
Required on Coinbase
Verified
2026-08-25

Details

Issuer
Coinbase
Type
Liquid Staking (ETH)
Category
Staking
Yield source
Ethereum staking rewards (Coinbase validators)
Network
Ethereum / Base
Jurisdiction
USA (Coinbase; EU via MiCA entity)
AUM
Top-5 LST

Spread to savings

BP
cbETH
+41
stETH
+29
rETH
+17