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About Coinbase Wrapped Staked ETH
Coinbase Wrapped Staked ETH (cbETH) is a liquid staking token representing Ethereum (ETH) staked through Coinbase. As an ERC-20 utility token, cbETH provides liquidity for staked ETH, allowing users to trade, transfer, or utilize the asset in decentralized finance (DeFi) applications across various networks including Ethereum, Base, Arbitrum, and Optimism while continuing to accrue staking rewards. It acts as a liquid wrapper for staked ETH, enabling participation in the broader ecosystem without the lock-up periods typically associated with staking.
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