About this market
cbBTC is a lending market on Aave V3 (Base), listed as Coinbase Wrapped BTC. Depositors supply cbBTC to the market and earn a variable interest rate paid by borrowers, who post collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied cbBTC is borrowed at the time — so the market is used to earn on an idle cbBTC balance, or to borrow against collateral without selling it.
- Protocol
- Aave V3
- Chain
- Base
- Asset
- cbBTC
- Market
- Coinbase Wrapped BTC
- Market type
- Single asset
- Yield accrual
- Variable rate, paid by borrowers
