Sep 2024 · 5 min read · Definitive Team

Coinbase’s launch of cbBTC, is the most exciting new asset on Base. This groundbreaking innovation paves the way for new decentralized finance (DeFi) use cases, seamlessly integrating Bitcoin into the fastest-growing onchain economy.
The introduction of cbBTC as a fungible ERC token on Base unlocks new liquidity and expands Bitcoin’s usability on Base’s low-cost, highly scalable onchain ecosystem. For example, users can now trade, lend and borrow cbBTC directly within Base’s DeFi protocols. The result is a more seamless, integrated experience, increasing access to Bitcoin and DeFi to a larger audience. As Base continues to push forward with its mission of bringing a billion people onchain, cbBTC is set to play a central role in this transformation.
To support cbBTC’s launch, Definitive Finance is thrilled to introduce a suite of powerful tools to facilitate the migration, bridging, and swapping of cbBTC onchain. Definitive is the leading advanced onchain trade execution platform, and now, it’s your one-stop shop for all things cbBTC. We’re supporting cbBTC by providing the fastest and easiest way to interact with Coinbase’s newest token. Let’s dive into how Definitive helps you get the most out of cbBTC.
Definitive is proud to offer Day One support for cbBTC on both Base and Ethereum. With our new instant migration platform, you can easily migrate Wrapped Bitcoin (WBTC) from Ethereum Mainnet or Arbitrum to cbBTC on Base — all in a matter of seconds. Head to https://cbbtc.definitive.fi and experience our lightning-fast cross-chain swap that completely eliminates the typical slow bridging process.
How does it work? It’s incredibly simple:
That’s it. Within seconds, your cbBTC will show up in your wallet. No delays, no extra transactions, no headaches — just instant access to cbBTC.
Note that while Mainnet and Arbitrum are live on Day One, we will quickly be adding additional chain and asset support for migrating additional assets to cbBTC from more chains.
Definitive’s platform also supports bridging cbBTC between Base and Ethereum, enabling seamless movement of assets across chains in both directions.
Swapping other assets for cbBTC? Definitive has you covered there as well. Leverage Definitive’s proprietary smart order router to access the best prices for swaps. No need to hunt around for the lowest execution prices, Definitive’s smart order router is connected to 100+ DEXes and liquidity venues across EVM and Solana.
Whether you’re looking to swap or bridge, our platform provides a smooth, hassle-free experience, allowing you to focus on what matters: leveraging cbBTC in new and exciting ways within DeFi.
Want even more utility for cbBTC and beyond? We’ve also launched advanced trading tools like TWAP (time-weighted average price) and Limit Orders for cbBTC directly within our main trading app at https://app.definitive.fi, providing power users with advanced tooling for their trades.
We’ve designed our tools to access cbBTC with speed, simplicity, and the best possible liquidity in mind, ensuring you get the best experience from Day 1. Here’s why you should choose Definitive:
We’re committed to expanding our support for cbBTC beyond Base, Ethereum and Arbitrum. In the coming months, we’ll be adding support for more EVM chains and even Solana, making cbBTC more accessible across the broader DeFi landscape. Our goal is to make Definitive the go-to hub for cbBTC for everyone!
To learn more about cbBTC on Definitive, see our Docs at https://docs.definitive.fi. To learn more about our full suite of trading and DeFi yield offerings, visit our website at https://www.definitive.fi. Setting up a non-custodial trading account on Definitive is free — and at 30 seconds from signup to completing your first trade, we offer the most seamless UX around!
As the onchain economy continues to evolve, Definitive is proud to stand at the forefront of innovation, helping to unlock the full potential of Bitcoin on Base and beyond. Stay tuned for more updates as we continue to build the future of decentralized finance, one innovation at a time.
Definitive is the leading institutional DeFi platform for advanced onchain trade execution and automated DeFi yield strategies.
Disclosures:
This content is intended only for sophisticated investors; it is for informational purposes only and does not constitute the provision of investment advice. Client assumes full responsibility for its trading activity and should consult its advisors for its specific situation. Definitive is not registered as an investment advisor and Definitive assumes no liability, obligation, or responsibility for client decisions regarding the use of its trading platform and other products. Please see our Terms of Service for additional details.