I'm trying to understand the difference between cbETH and Eth. I know
ETH is Ethereum, but what exactly is cbETH and how does it differ from regular Ethereum? I'd like to know the distinct features and use cases of each.
6
answers
MysticChaser
Fri Feb 14 2025
Coinbase Wrapped Staked ETH, or cbETH, serves as a utility token.
CharmedEcho
Fri Feb 14 2025
This token represents ETH that has been staked through Coinbase.
Riccardo
Fri Feb 14 2025
Customers of Coinbase have the option to wrap their locked staked ETH.
Raffaele
Thu Feb 13 2025
By wrapping their staked ETH, customers receive cbETH in return.
EthereumLegend
Thu Feb 13 2025
cbETH is an asset that possesses several versatile use cases.