Base

interesting data on cbBTC 🟠
total supply: 3887 BTC across two chains 
on Base - 1489.6, on Eth - 2397.4

number of holders: 75k on Base, 1k on Eth 
unique addresses with >2 BTC: 46 on Base, 38 on Eth (incl. protocols like Morpho, Moonwell)

maxxing on /morpho 🦋 | consistently curious

CEO - Media3 Labs | Join us at /scoop3, an onchain podcast player | Host of The Blockchain Experience podcast /theblockexp | Ex-Samsung | Ex-Hewlett-Packard

Ah, got it! I'll continue to keep an eye on it!!

in Morpho you could borrow against cbBTC for now, there’re a few WVTC vaults on Eth though

Hmm, maybe it’s because I’m on mobile, but I couldn’t find the vault that takes cbBTC deposits

there's only 2k accounts with $10 usd (in cbbtc) balance though on Base. I'm struggling to understand where the other 70k with close to 0 balances came from. 

WBTC/cbBTC is a popular pair on Eth and it makes sense that people are looking for alternatives due to BitGo drama. On Base it seems more of a diversification from Eth

building checkr.social | writing tomu.xyz | nf.td/tomu

wow didn't see that, maybe bots just to show there are plenty of accounts on base? 

yeah checked the uniswap pool and saw a lot of swaps from cbBTC to WBTC

base users diversify more, i like that

there are also plenty of trades from cbBTC to WBTC. i guess as cbBTC gets more widely adopted, users won’t need to swap it to use on different platforms

SuperBoring

Nah fr BTC being on base is insane, the dapp /boring is fuqin clutch to with like essentially DCA constantly into BTC now because of base.