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View ChartCoinbase Wrapped LTC (CBLTC) is a wrapped digital asset that represents native Litecoin (LTC) on the Base network, an Ethereum-based blockchain. Each CBLTC token is backed 1:1 by Litecoin held in secure custody by Coinbase, including cold storage solutions. The token follows the ERC-20 standard and allows Litecoin holders to access decentralized finance (DeFi) applications without selling their underlying LTC. With a circulating supply of approximately 81,417 tokens, CBLTC brings Litecoin liquidity onchain, enabling use cases such as liquidity provision, collateralized borrowing, and payments. The project launched in mid-2025 and represents a mature concept in the crypto ecosystem, bridging traditional asset custody with onchain financial utility.
Coinbase Wrapped LTC is created and custodied by Coinbase, a publicly traded cryptocurrency exchange and infrastructure provider. The token is part of the broader Coinbase Wrapped Assets program, which allows eligible customers to send wrapped versions of certain cryptocurrencies to wallet addresses on supported blockchains. Detailed public information about individual team members or founders beyond Coinbase's organizational involvement is currently limited. The project is maintained and operated directly by Coinbase as the custodian of the underlying Litecoin reserves.
The mechanism behind CBLTC is straightforward. Users send native Litecoin from their Coinbase account to the Base network, and in return, they automatically receive an equivalent amount of CBLTC tokens. This process is known as wrapping. The wrapped tokens are fully backed 1:1 by Litecoin held in Coinbase's secure custody, including cold storage. To redeem the underlying Litecoin, Coinbase customers simply deposit their CBLTC back into their Coinbase accounts and unwrap the tokens, receiving the corresponding amount of native LTC. The entire system is supported by a Proof of Reserves mechanism that demonstrates Coinbase holds sufficient LTC to back all circulating CBLTC tokens.
Coinbase Wrapped LTC offers several distinct advantages. First, it removes a key friction point for Litecoin holders by allowing them to use their existing LTC in new ways onchain without selling it. Second, it is built to be seamlessly compatible with DeFi applications, enabling users to provide LTC as liquidity to DeFi protocols, use it as collateral to borrow other crypto assets, or spend it as a payment method. Third, the 1:1 backing by Coinbase provides a high level of trust and security, as the custodian is a well-established publicly traded company. Finally, by bridging Litecoin to the Base network, CBLTC boosts liquidity and facilitates a more expansive financial ecosystem while preserving Litecoin's underlying value.
CBLTC serves multiple purposes within the cryptocurrency ecosystem. Its primary utility is enabling Litecoin holders to access DeFi applications on the Base network. Users can deposit CBLTC into DeFi protocols to provide liquidity and earn yields, use it as collateral to borrow other cryptocurrencies, or utilize it as a payment method in onchain transactions. Additionally, CBLTC is redeemable for the underlying Litecoin at any time through Coinbase, providing flexibility and peace of mind. The token also facilitates faster and cheaper decentralized finance activities compared to interacting with native Litecoin, which is not natively compatible with Ethereum-based smart contracts.
The CBLTC ecosystem is developing steadily, supported by Coinbase's broader wrapped assets program. The token is integrated into the Base network and is compatible with various DeFi applications. Trading activity is spread across multiple venues and price-tracking platforms, with approximately 18 to 20 active markets reported. The number of holders has grown to over 6,000 according to recent snapshots, and daily trading volumes have ranged from approximately $73,000 to $144,000. Liquidity is reported at around $382,000. The underlying Litecoin reserves held by Coinbase have increased significantly over time, growing from around 11,760 LTC in August 2025 to over 81,000 LTC by September 2026, reflecting growing adoption of the wrapped asset.
Coinbase Wrapped LTC cannot be mined. It is not a mineable cryptocurrency but rather a wrapped token that is minted and burned based on user activity. New CBLTC tokens are created when users send native Litecoin from Coinbase to the Base network, and tokens are destroyed when users redeem them for the underlying Litecoin. There is no mining, staking, or consensus mechanism associated with CBLTC itself. The token's value is derived entirely from the underlying Litecoin held in custody, and its supply is determined by user demand for wrapping and unwrapping.
Keeping your CBLTC safe requires following standard cryptocurrency security practices. Since CBLTC is an ERC-20 token on the Base network, it can be stored in compatible wallets that support Base network assets. Always verify the official contract address before interacting with any token to avoid counterfeit versions. Use hardware wallets for long-term storage when possible, and never share your private keys or seed phrases with anyone. Be cautious of phishing attempts and only interact with trusted DeFi protocols. Additionally, since CBLTC is backed by Coinbase's custody, users should monitor the Proof of Reserves page to confirm that the underlying Litecoin reserves remain fully backed. As with all crypto assets, conduct independent research and understand the risks before investing.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CBLTC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Coinbase Wrapped LTC (CBLTC) is $69.1. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CBLTC to USD rate at the top of BTCC’s price page. In terms of market scope, Coinbase Wrapped LTC records a 24h trading volume of $416.88K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $6.06M. Its current circulating supply stands at 86.28K out of a maximum supply cap of ∞.
The price volatility of Coinbase Wrapped LTC (CBLTC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (86.28K) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Coinbase Wrapped LTC (CBLTC) hit an all-time high (ATH) of $135.12 on 2025-10-10 13:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $39.49 on 2026-06-24 18:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading CBLTC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($416.88K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CBLTCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Coinbase Wrapped LTC, simply log into your BTCC account with USDT margin available, navigate to the CBLTCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for CBLTCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $69.1), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CBLTCUSDT with zero financial risk.
Trading Coinbase Wrapped LTC (CBLTC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for CBLTCUSDT, and review its live price ($69.1) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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