Yield
ETH on Coinbase cbETH
Coinbase cbETH pays 2.67 % APY on Ethereum (ETH) as a Earn rate. On YieldScope Coinbase cbETH carries a safety grade of B, scored across five risk criteria. Below: where ETH earns more — and where it earns safer.
Coinbase Earn A Yield source: Liquid staking
Where else ETH earns
Coinbase cbETH pays 2.67 % on ETH. Here's how other venues compare — by rate and by safety.
| Venue | APY | Terms | Grade |
|---|---|---|---|
| Coinbase cbETH (this page) | 2.67 % | 🔒 Earn | B |
 CoinDepo | 12 % | Flexible | F |
 WhiteBIT | 10.9 % | 🔒 30d lock | B |
 StakeWise (osETH) | 7.47 % | Earn | C |
 Telegram Wallet | 6.49 % | Flexible | F |
 Nexo | 3.25 % | Flexible | C |
Coinbase cbETH is graded B. If safety matters more than a few extra basis points, Coinbase Earn earns ETH at a higher grade (A).
Why Coinbase cbETH is graded B
Five binary safety criteria — each one passed or not. The more passed, the safer.
- ✓ Regulation
Issued by Coinbase — a US-regulated, NYDFS-chartered, NASDAQ-listed company. A meaningful trust upgrade over a pure-DeFi protocol with no regulator. Source →
- ✓ Proof-of-Reserves
cbETH is an on-chain ERC-20 with a publicly published exchange rate, and Coinbase runs a reserves/attestation programme — though a formal cbETH-specific PoR feed is limited. Source →
- ✓ Flexible withdrawal
Redeemable for ETH (standard Beacon-chain exit queue, ~days) and tradeable on-chain with decent DEX liquidity. Source →
- ✗ Insurance Fund
No dedicated slashing-insurance fund. Coinbase carries a commercial crime policy for hot-wallet theft but explicitly disclaims reimbursement for slashing. Source →
- ✓ Track record (2+ years incident-free)
No hack or exploit. A persistent slight discount vs ETH (less liquid than stETH) and a minor external oracle incident, but no depeg event. Source →
ETH rate history on Coinbase cbETH
Daily snapshots from YieldScope's rate sync. Hover to inspect any day.
How ETH yields moved across exchanges
from 2026-05-25 to 2026-07-17
Source: daily snapshots via exchange APIs
Your money, this pair
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
This is not an affiliate link. Price for you doesn't change.
How ETH earns on Coinbase cbETH
When you deposit ETH into Coinbase cbETH's earn product you receive 2.67 % APY as a Earn rate. The platform puts the asset to work and shares the yield — your balance grows without you doing anything.
This is a base rate, not a promotional teaser: it's what an ordinary deposit actually earns. Coinbase cbETH carries a YieldScope safety grade of B, so weigh the yield against platform risk — a higher rate on a weaker grade is not automatically a better deal.
Rates on ETH move with lending demand and market conditions. We re-check them daily and keep a history, so you can see whether today's number is unusually high, unusually low, or steady.