diff --git a/packages/cli/src/actions.ts b/packages/cli/src/actions.ts
index fc00af91e..373d0ed2e 100644
--- a/packages/cli/src/actions.ts
+++ b/packages/cli/src/actions.ts
@@ -183,6 +183,7 @@ export const updateBaseAsset = async (opts: Opts) => {
     oracleAddress,
     riskCategory,
   } = opts;
+  const enabledArg = enabled === 'true' ? true : false;
   if (!oraclePrice && !oracleAddress) {
     throw new Error('Either oraclePrice or oracleAddress must be provided');
   }
@@ -192,7 +193,7 @@ export const updateBaseAsset = async (opts: Opts) => {
   try {
     const { response } = await cvg.protocol().updateBaseAsset({
       authority: cvg.rpc().getDefaultFeePayer(),
-      enabled,
+      enabled: enabledArg,
       index,
       priceOracle: {
         source: oracleSource,
diff --git a/packages/cli/src/groups/protocol.ts b/packages/cli/src/groups/protocol.ts
index 8d1464d19..40fddeb8a 100644
--- a/packages/cli/src/groups/protocol.ts
+++ b/packages/cli/src/groups/protocol.ts
@@ -165,7 +165,7 @@ const updateBaseAssetCmd = (c: Command) =>
     {
       flags: '--enabled <boolean>',
       description: 'enabled',
-      defaultValue: true,
+      defaultValue: 'true',
     },
     {
       flags: '--oracle-source <string>',