Rugsight's automated checks for Coinbase Wrapped BTC and Wrapped BTC (Portal), two Solana wrapped assets tokens, side by side. Everything below comes from public on-chain and market data.
| cbBTC Coinbase Wrapped BTC | WBTC Wrapped BTC (Portal) | |
|---|---|---|
| Rugsight score | Issuer-controlled technical score 15/100 (grade F) | B · 70/100 |
| Verdict | Issuer-controlled wrapped asset: Coinbase holds the mint authority and the freeze authority by design. That is issuer (counterparty) risk, not a rug-pull pattern; the 15/100 technical score still counts those controls. | Moderate risk: review the flags before buying. |
| Mint authority | ! Active: Coinbase can create new tokens at any time (normal for this kind of asset; supply should track reserves). Held by a regular account (a wallet key or a program-derived address). | ✕ Active: the issuer can create new tokens at any time, which can dilute holders. Held by a regular account (a wallet key or a program-derived address). |
| Freeze authority | ! Active: Coinbase can freeze token accounts, which would stop a holder from selling or moving them. Held by a regular account (a wallet key or a program-derived address). | ✓ Revoked: no one can freeze holders' tokens. |
| Token program / extensions | ✓ Classic SPL Token program: no Token-2022 extensions that could move, block or tax transfers. | ✓ Classic SPL Token program: no Token-2022 extensions that could move, block or tax transfers. |
| Holder concentration | ! High: the top 10 wallets hold more than half of the supply. | ✓ No concentration warning: pools, programs and burned tokens are separated from real wallets. |
| Liquidity | ✓ Deep liquidity across trading pools. | ✓ Deep liquidity across trading pools. |
| Trading age | ✓ Trading for more than 30 days. | ✓ Trading for more than 30 days. |
| Confidence | full | full |
| Last checked | ||
| Mint address | cbbt…iMij · Solscan | 3NZ9…qmJh · Solscan |
Higher score = fewer technical risk signals. "Issuer-controlled" marks a short allowlist of regulated or issuer-backed assets whose mint and freeze controls are held by a known issuer by design; that is counterparty risk, not a rug-pull pattern. Scores refresh about every 12 hours.
cbBTC full check →WBTC full check →
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