Coinbase Wrapped Assets on Aerodrome
Liquidity and trading activity for the new cbAssets (cbZEC, cbHYPE) · Aerodrome on Base
Every cbZEC and cbHYPE is backed one-for-one by ZEC or HYPE held in Coinbase custody and can be wrapped and unwrapped through Coinbase — the same model as cbBTC, not a synthetic tracker.
ZEC and HYPE live on their own chains. The wrappers bring them to Base as ERC-20s, so they can be swapped on Aerodrome and held in self-custody across Base's DeFi ecosystem.
The USDC pools on Aerodrome Slipstream are the launch venue for both assets. LPs earn AERO emissions for providing cbZEC and cbHYPE liquidity.