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CBBTC vs WSTETH — price, size and safety, side by side

CBBTC (Ethereum) vs WSTETH (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-12 / 2026-11-13.

CBBTCB

$73.24K
Coinbase Wrapped BTC on Ethereum
Trade CBBTC
vs

WSTETHB

$2.45K
Wrapped liquid staked Ether 2.0 on Ethereum
Trade WSTETH

CBBTC vs WSTETH — normalized performance, 2026-09-08 to 2026-11-12T21:16:22

100 — shared start
CBBTC −5.97%  ·  WSTETH −18.1% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
CBBTCWSTETH
Price$73.24K$2.45K
Market cap$7.48B$10.50B
24h volume$653.08M all venues$41.27M all venues
Liquidity$93.28M$50.13M
FDV$3.47B$10.45B
Holders89,17039,244
Age (days)386386
Safety gradeBB

Where they differ

What the data says

CBBTC

CBBTC — "Coinbase Wrapped BTC" on Ethereum, 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf — is Coinbase's custodied bitcoin wrapper: each unit a claim on BTC held by the exchange's custody arm.

The November 6, 2026 snapshot reads $93.3 million of liquidity against an $8.06 billion market cap, roughly $5.7 million of daily volume, at an $81,540 unit price that tracks BTC spot.

Full CBBTC safety read →

WSTETH

wstETH is stETH made legible to DeFi — the same claim on Lido-staked Ether, wrapped so the balance stops moving: where stETH re-bases your token count upward each day, wstETH holds a fixed count and lets the exchange rate against stETH do the appreciating. That is the shape lending markets, bridges and LPs need, which is why the contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 became the canonical collateral form — our November 6, 2026 snapshot reads $50.1 million of tracked pool liquidity on it.

The verdict therefore inherits stETH's, plus one wrapper-layer note. You hold a claim on staked ETH via Lido — subject to its validator set, Ethereum's exit queue, and stETH's own depeg memory (June 2022, when it traded visibly under par) — and the price shown for wstETH is stETH's price times a steadily growing conversion rate, so it will always quote above ETH while tracking correctly. Nothing about that is a defect; it is the mechanic to understand before reading the quote as a premium.

Full WSTETH safety read →

FAQ

Which is bigger, CBBTC or WSTETH?

By tracked market cap: CBBTC (Ethereum) measures $7.48B and WSTETH (Ethereum) measures $10.50B — dated snapshots, not a live feed.

Which is safer, CBBTC or WSTETH?

On the contract checks we publish: CBBTC (Ethereum) grades B and WSTETH (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.

How have CBBTC and WSTETH performed over the shared window?

Between 2026-09-08 and 2026-11-12T21:16:22, the measured snapshots show CBBTC at −5.97% and WSTETH at −18.1%.

More comparisons

CBBTC vs USDSCBBTC vs STETHCBBTC vs PYUSDCBBTC vs USDMUSDM vs WSTETHWSTETH vs DAIWSTETH vs ETHWSTETH vs PUMP

The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-08→2026-11-12T21:16:22; a token with fewer measured points measures a shorter span inside it.

Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.