Coinbase Wrapped LTC ("cbLTC") is a token that is backed 1:1 by native Litecoin (LTC) held by Coinbase, meaning that for all cbLTC in circulation, there is an equivalent amount of LTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbLTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbLTC and redeem a corresponding amount of the underlying LTC simply by depositing the cbLTC into their Coinbase accounts. cbLTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility.
cbLTC removes a key point of friction by allowing customers to use Litecoin they already hold in new ways onchain. cbLTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their LTC as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbLTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.
Where is Coinbase Wrapped LTC available for purchase?
You can exchange CBLTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Coinbase Wrapped LTC is Aerodrome SlipStream, notably the CBLTC/WETH pair, which saw a trading volume of $ 444,952 in the past day. Additionally, PancakeSwap V3 (Base) and Treble V4 are popular alternatives for trading tokens.
What is the highest value Coinbase Wrapped LTC (CBLTC) has ever reached?
Coinbase Wrapped LTC (CBLTC) reached its peak price at 133.6208 $ on 13 August 2025, approximately 6 days ago ago. Presently, the current price is -11.86% lower than this all-time high.
What is the historical minimum price for Coinbase Wrapped LTC (CBLTC)?
The minimum price reached for Coinbase Wrapped LTC (CBLTC) was 82.07 $, documented on 26 June 2025, more than 2 months ago. In comparison, the current price is 43.49%, it above this historical low.
What is the fully diluted valuation of Coinbase Wrapped LTC (CBLTC)?
The fully diluted valuation (FDV) of Coinbase Wrapped LTC (CBLTC) stands at $ 1,32 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CBLTC tokens. The realization of this FDV might take several years depending on the emission schedule of CBLTC tokens.