Coinbase Wrapped BTC (CBBTC) Presents Moderate-risk Trading Conditions on Base
Risk Overview
The current risk level for Coinbase Wrapped BTC (CBBTC) is moderate, reflecting various factors that could impact trading stability. The most significant concern is the elevated contract control, indicating that the deployer retains meaningful control over the contract.
- Contract control: 1 concern(s)
- Volume vs liquidity: 9.5x
Liquidity Assessment
CBBTC has a raw liquidity figure of $4,862,027. The liquidity findings indicate that while the liquidity depth is sufficient to absorb orders of typical size, the liquidity lock status could not be verified.
Volume Assessment
The 24-hour trading volume for CBBTC stands at $46,342,815. This volume is notably 9.5 times the liquidity, suggesting active trading relative to pool depth.
Trading Behaviour
In the last hour, there were 176 buy transactions and 216 sell transactions, resulting in a sell-to-buy ratio of approximately 1.23.
Risk Note
This article does not constitute financial advice.