Coinbase Wrapped XRP

Coinbase Wrapped XRP (CBXRP)

What is Coinbase Wrapped XRP?

Coinbase Wrapped XRP (“cbXRP”) is a token that is backed 1:1 by native Ripple (XRP) held by Coinbase, meaning that for all cbXRP in circulation, there is an equivalent amount of XRP held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbXRP, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbXRP and redeem a corresponding amount of the underlying XRP simply by depositing the cbXRP into their Coinbase accounts. cbXRP is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbXRP removes a key point of friction by allowing customers to use Ripple they already hold in new ways onchain. cbXRP is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their XRP as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbXRP are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

Key Facts & Snapshot

• Symbol: CBXRP
• CoinGecko id: coinbase-wrapped-xrp
• Categories: Decentralized Finance (DeFi), Wrapped-Tokens, Base Native
• Circulating supply (snapshot): 55,406,502
• Total supply (snapshot): 55,406,502
• All-time high (USD, CoinGecko): $3.68 (Jul 18, 2025)
• All-time low (USD, CoinGecko): $0.7735 (Nov 4, 2025)

Market (USD snapshot)

• Market cap (USD, snapshot): $74.02M
• 24h volume (USD, snapshot): $279.53K
• Fully diluted valuation (USD, snapshot): $74.02M
• 24h price change (snapshot): -1.38%

Contract addresses (by platform)

• base: 0xcb585250f852c6c6bf90434ab21a00f02833a4af

Official & Community Links

• Official website
• Block explorer / chain info

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