Coinbase Wrapped Staked ETH
Overview
TVL
$507.8M
Up 92% over 90 days
Live since
2023
TVL, last 90 days
Low
Full data
Security
AuditsAudited by OpenZeppelin, August 2025Audit page
Contract statusAll contracts verified, upgradeablecbETH 0xBe98…9704
Upgrades controlled byCoinbase's own key0xEeE4…9577
CustodyCustodial — Coinbase holds the assets and controls the contractNot self-custody: you rely on the exchange, its reserves and its licences
Track record
Through market stressCame through all 2August 2024 crash — kept 77% of its depositsOctober 2025 liquidation cascade — kept 69% of its deposits
Exploit historyNone recorded