CBADACoinbase Wrapped ADA
$0.1513
$0.0143
(8.61%)
Mkt Cap$7.1M
Vol353,270.00
Fundamentals
Mkt Cap
$7.1M
24H Volume
$353,270.00
7D High
$0.2378
FDV
$7.1M
Circ Supply
46.72M
Total Supply
46.72M
Max Supply
0.00
24H High
$0.1688
24H Low
$0.1519
Coinbase ADA Reserves Surge 462% as XRP Holdings Drop Sharply
Coinbase’s ADA holdings increased by 462% to 9.56 million tokens, signaling growing demand for wrapped ADA on the Base network. The exchange’s XRP reserves plunged from 970 million to 16.39 million, reflecting a 98% decline within a few months. Analysts link the rise in ADA reser...
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AboutCoinbase Wrapped ADA ("cbADA") is a token that is backed 1:1 by native Cardano (ADA) held by Coinbase, meaning that for all cbADA in circulation, there is an equivalent amount of ADA held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbADA, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbADA and redeem a corresponding amount of the underlying ADA simply by depositing the cbADA into their Coinbase accounts. cbADA is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbADA removes a key point of friction by allowing customers to use ADA they already hold in new ways onchain. cbADA is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their ADA as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbADA are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.
DetailsCategories
Base EcosystemBase NativeDecentralized Finance (DeFi)Wrapped-Tokens
Date
Market Cap
Volume
Close
June 06, 2026
$7.1M
$353,270.04
---
June 06, 2026
$7.29M
$536,438.23
---
June 05, 2026
$7.81M
$478,503.62
$0.1802
June 04, 2026
$8.69M
$340,303.53
$0.2003
June 03, 2026
$9.21M
$454,717.77
$0.2117
June 02, 2026
$10.05M
$208,096.07
$0.2314
June 01, 2026
$10.17M
$75,282.29
$0.2342
May 31, 2026
$10.21M
$120,885.22
$0.2351
May 30, 2026
$10.11M
$132,732.46
$0.2328
May 29, 2026
$10.19M
$276,005.04
$0.2348