Base chain is buzzing with fresh energy as Coinbase introduces wrapped versions of two of crypto’s most beloved assets: Dogecoin and XRP. Enter cbDOGE and cbXRP, ERC-20 tokens on Base, each meticulously backed 1: 1 by the original DOGE and XRP held in Coinbase custody. This isn’t just a technical upgrade – it’s a cultural crossover, letting memecoin magic and blue-chip liquidity flow into Ethereum-compatible DeFi for the first time on Base.
What Are Wrapped Base Tokens?
Wrapped tokens are the passport for your favorite coins to travel across blockchains. In this case, cbDOGE and cbXRP let DOGE and XRP holders enter the world of Base chain without leaving their core assets behind. Each wrapped token is an ERC-20 representation, always redeemable for its underlying coin at a 1: 1 ratio. This means you can tap into the speed, composability, and creative chaos of Base DeFi apps with assets that once lived only on their native chains.
Coinbase’s move is part of a broader push to unlock cross-chain liquidity. The addition of cbDOGE and cbXRP follows earlier launches like cbBTC, expanding what’s possible for both traders and builders on Base. According to The Block, these tokens are fully backed in Coinbase’s custody, offering extra peace of mind for users who prize security as much as utility.
The Current Market Pulse: DOGE at $0. 174203, XRP at $2. 27
If you’re tracking price action before diving in, here’s where things stand on July 3, 2025:
DOGE & XRP: Live Prices and Intraday Highlights
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Dogecoin (DOGE): Currently trading at $0.174203. Intraday high: $0.174277, low: $0.160369.
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XRP: Priced at $2.27 right now. Intraday high: $2.28, low: $2.17.
DOGE is currently trading at $0. 174203 (up 0. 08%), with an intraday high of $0. 174277 and a low of $0. 160369.
XRP sits at $2. 27 (up 0. 04%), with an intraday high of $2. 28 and a low of $2. 17.
This real-time liquidity is now mirrored on Base via cbDOGE and cbXRP – so whether you’re holding or providing liquidity, you’ll be interacting with assets that reflect live market dynamics from their original blockchains.
Why Use cbDOGE and cbXRP? Unlocking DeFi Superpowers
The real excitement starts when you realize what these wrapped base tokens unlock:
- DeFi Participation: Yield farming, staking rewards, lending/borrowing – all now possible with your DOGE or XRP holdings via their wrapped versions.
- Cross-Chain Utility: Move seamlessly between ecosystems without swapping out of your favorite coins.
- Smoother Trading and More Liquidity: With more assets flowing onto Base DEXs, expect deeper pools and tighter spreads.
- Pyth Network Feeds: Live price feeds for cbDOGE/cbXRP are available via Pyth Network – adding transparency for traders everywhere.
This new flexibility isn’t just theoretical; it’s already being put to use across lending protocols like Aave, yield farms popping up daily on Base-native DEXs, and NFT projects looking to accept new forms of value beyond ETH or USDC.
The Power List: What You Can Do With Wrapped Tokens Right Now
Top Ways to Use cbDOGE & cbXRP in DeFi on Base
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Lend and Borrow on Lending Platforms: Supply cbDOGE or cbXRP to lending protocols like Aave (on Base, if supported) to earn interest, or use them as collateral to borrow other assets and amplify your DeFi strategies.
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Access DeFi Incentives and Airdrops: By actively using cbDOGE and cbXRP in DeFi protocols, you may qualify for ecosystem incentives, rewards, or future airdrops from Base-native projects.
If you’ve been waiting for a way to make your DOGE or XRP work harder without leaving them behind – or if you’re simply curious about how cross-chain composability feels in practice – now’s your moment to experiment safely within the thriving world of Base chain tokens.
But with new power comes new responsibility. Since cbDOGE and cbXRP are ERC-20 tokens, you’ll want to make sure you’re interacting with the official contract addresses provided by Coinbase. This is your shield against copycat tokens and potential scams. Bookmark these:
- cbDOGE: 0xcbD06E5A2B0C65597161de254AA074E489dEb510
- cbXRP: 0xcb585250f852C6c6bf90434AB21A00f02833a4af
Always double-check these on any DEX or DeFi platform before making a swap. Security is non-negotiable, especially when the market is buzzing with excitement and opportunists.
How to Get Started: From Wallet to Yield
Swap ETH for cbDOGE or cbXRP on Base: A Simple Guide
Once you’ve loaded up your wallet, the Base ecosystem becomes your playground. Add liquidity to pools, stake in yield farms, or lend your wrapped assets on protocols like Aave, all without ever leaving the Base chain. Every transaction, every strategy is now supercharged by the flexibility of wrapped base tokens.
The DeFi world is also watching how these assets reshape liquidity flows. With Coinbase’s backing and custody guarantees, both institutional and retail users can participate in Base-native DeFi with confidence, no need to bridge funds via risky third-party services.
The Cultural Shift: Memecoins Meet Blue-Chip Finance
This isn’t just about technical integration, it’s about culture crossing chains. Dogecoin’s meme energy collides with XRP’s institutional gravity, all under the creative umbrella of Base. We’re already seeing NFT projects experiment with cbDOGE as payment for digital art drops, while DAOs debate whether cbXRP should be added to their treasuries.
If you’re an artist or builder, this moment opens up fresh design space: think loyalty programs funded in cbDOGE or governance votes weighted by cbXRP holdings. The line between memecoin fun and serious finance has never been blurrier, or more thrilling.
Key Takeaways for Using Wrapped Base Tokens
The bottom line? With DOGE at $0. 174203 and XRP at $2. 27 (as of July 3, 2025), you can now deploy these assets natively inside Base’s vibrant DeFi scene, no friction, no compromise.
The future of cross-chain value isn’t just technical, it’s social, creative, and wide open for experimentation. Whether you’re farming yields or launching an NFT drop priced in cbDOGE, this new era on Base is yours to shape.