Coinbase Bridge
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Protocol TVL
About Coinbase Bridge
Wrapped tokens backed 1:1 by assets held by Coinbase.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Coinbase Bridge's TVL is measured
DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.
TVL tracks wrapped tokens backed 1:1 by assets held by Coinbase
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Coinbase Bridge Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Feb 18, 2025Listed on DeFiLlama
Protocol Profile
Coinbase Bridge is a Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed across 5 chains, including Bitcoin, Ripple, Doge, Cardano and 1 other chain. No public audit reports are listed on DeFiLlama for this protocol.
TVL Distribution by Chain
TVL spans 5 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Coinbase Bridge runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 100% of its on-chain value sits on just three networks (Bitcoin, Ripple, Doge), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.
Official Resources & Links
Verified external resources for Coinbase Bridge — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Bridge protocols on Mantapex
Coinbase Bridge is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include WBTC, Binance Bitcoin, Hyperliquid Bridge, and 3 more. These peer protocols collectively secure $26.5B in deposits, giving you a frame of reference for whether Coinbase Bridge's own TVL is at the top, middle, or tail of the category.
Recent Coinbase Bridge news
Latest reporting from major crypto news outlets covering Coinbase Bridge.
- Coindesk
Chainlink's LINK Drops 5% Despite Coinbase Bridge Deal, But Bottoming Signs Emerge
Coinbase tapped Chainlink services for $7 billion bridge, but broader crypto weakness weighed on price.
- Tokenpost
Chainlink's LINK Retreats After Coinbase Bridge Announcement Despite Strong Volume Signals
Chainlinks LINK token slipped nearly 5% in the past 24 hours to $13.74 on Thursday, erasing early gains even after a major integration announcement from Coinbase. Earlier in the…
- The Currency Analytics
Coinbase's Push for Ethereum ETF Approval: A Game-Changer for Cryptocurrency Investors
Coinbase's decision to advocate for the approval of an Ethereum Exchange-Traded Fund (ETF) stems from a desire to democratize access to Ethereum investment. By enabling investors…
- CoinPedia
Cardano (ADA) Price Set for 30% Surge in July
Cardano News Today – ADA Price ended June 2025 with a steep 16% drop, closing just above $0.50, despite key network upgrades. Even with the launch of the cbETH cross-chain bridge…
- Coindesk
Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems
The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based dapps.
- Altcoin Buzz
Coinbase Chooses Chainlink CCIP to Bridge Wrapped Assets
Coinbase is undertaking a significant step regarding its wrapped assets. These assets now have a new method for transferring across different blockchains.
- Crypto Briefing
Coinbase taps Chainlink CCIP as exclusive bridge partner to foster wrapped asset growth
Coinbase's partnership with Chainlink CCIP could significantly enhance cross-chain asset liquidity, potentially transforming DeFi ecosystems. Coinbase taps Chainlink CCIP as…
- Coindesk
Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains
The integration enables users to move these assets across different networks and applications, leveraging Chainlink's secure oracle networks.
Related protocols
Other DeFi protocols connected to Coinbase Bridge by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Bridge protocols
Top protocols on Bitcoin
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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