๐ Coinbase has launched its wrapped Bitcoin, cbBTC, on Solana, aiming to spice up the DeFi party! This marks Coinbase's debut token on Solana, offering a 1:1 Bitcoin-backed asset for DeFi enthusiasts.
- cbBTC is now dancing on platforms like Jupiter, Raydium, and Drift.
- It fills the void left by soBTC's dramatic exit during the FTX saga.
- Solana DeFi is on a roll, with a 250% TVL boost this year!
With cbBTC joining the wrapped BTC family, the crypto market is buzzing. Share your thoughts below! Is cbBTC the new DeFi darling? ๐ฌ