Coinbase Wrapped DOGECBDOGE
Not verified by G.MARKETS
Coinbase Wrapped DOGE has not gone through G.MARKETS verification. We have not confirmed team identity, audited supply integrity, or reviewed material disclosures. Data on this page comes from public sources. Verify on official project channels before transacting.
If Coinbase Wrapped DOGE had Bitcoin’s market cap?
Coinbase Wrapped DOGE ("cbDOGE") is a token that is backed 1:1 by native Dogecoin (DOGE) held by Coinbase, meaning that for all cbDOGE in circulation, there is an equivalent amount of DOGE held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbDOGE, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbDOGE and redeem a corresponding amount of the underlying DOGE simply by depositing the cbDOGE into their Coinbase accounts. cbDOGE is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility.