diff --git a/models/docs/marts/ledger_current_state/claimable_balances_current.md b/models/docs/marts/ledger_current_state/claimable_balances_current.md
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+++ b/models/docs/marts/ledger_current_state/claimable_balances_current.md
@@ -0,0 +1,7 @@
+[comment]: < Claimable Balances Current -
+
+{% docs claimable_balances_current %}
+
+The `claimable_balances_current` table is a nightly snapshotted table that represents the current state of claimable balances ledger entries.
+
+{% enddocs %}
diff --git a/models/marts/ledger_current_state/claimable_balances_current.sql b/models/marts/ledger_current_state/claimable_balances_current.sql
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+++ b/models/marts/ledger_current_state/claimable_balances_current.sql
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+{{
+    config(
+        tags = ["current_state"],
+        materialized = "incremental",
+        unique_key = "balance_id"
+    )
+}}
+/* Returns the latest state of each claimable balance in the `claimable_balances` table.
+
+    Rank all rows for a claimable balance by closed_at timestamp and pick the latest one.*/
+
+with
+    current_balance as (
+        select
+            cb.balance_id
+            , cb.claimants
+            , cb.asset_type
+            , cb.asset_code
+            , cb.asset_issuer
+            , cb.asset_amount
+            , cb.sponsor
+            , cb.flags
+            , cb.last_modified_ledger
+            , cb.ledger_entry_change
+            , cb.deleted
+            , cb.batch_id
+            , cb.batch_run_date
+            , cb.batch_insert_ts
+            , cb.closed_at
+            , cb.ledger_sequence
+            , row_number()
+                over (
+                    partition by cb.balance_id
+                    order by cb.closed_at desc
+                ) as rn
+        from {{ ref('stg_claimable_balances') }} as cb
+        {% if is_incremental() %}
+            -- limit the number of partitions fetched incrementally
+            where
+                cb.batch_run_date >= date_sub(current_date(), interval 7 day)
+        {% endif %}
+    )
+
+select
+    balance_id
+    , claimants
+    , asset_type
+    , asset_code
+    , asset_issuer
+    , asset_amount
+    , sponsor
+    , flags
+    , last_modified_ledger
+    , ledger_entry_change
+    , deleted
+    , batch_id
+    , batch_run_date
+    , closed_at
+    , ledger_sequence
+    , batch_insert_ts as upstream_insert_ts
+    , current_timestamp() as batch_insert_ts
+from current_balance
+where rn = 1
diff --git a/models/marts/ledger_current_state/claimable_balances_current.yml b/models/marts/ledger_current_state/claimable_balances_current.yml
new file mode 100644
index 0000000..0aa123b
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+++ b/models/marts/ledger_current_state/claimable_balances_current.yml
@@ -0,0 +1,134 @@
+version: 2
+
+models:
+  - name: claimable_balances_current
+    description: '{{ doc("claimable_balances_current") }}'
+    tests:
+      - dbt_utils.recency:
+          datepart: hour
+          field: closed_at
+          interval: 12
+          config:
+            severity: warn
+          meta:
+            description: "Monitors the freshness of your table over time, as the expected time between data updates."
+    columns:
+      - name: balance_id
+        description: '{{ doc("balance_id") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: claimants
+        description: '{{ doc("claimants") }}'
+
+      - name: asset_type
+        description: '{{ doc("asset_type") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: asset_code
+        description: '{{ doc("asset_code") }}'
+        tests:
+          - not_null:
+              config:
+                where: asset_type != 'native'
+                  and batch_run_date > current_datetime - interval 2 day
+
+      - name: asset_issuer
+        description: '{{ doc("asset_issuer") }}'
+        tests:
+          - not_null:
+              config:
+                where: asset_type != 'native'
+                  and batch_run_date > current_datetime - interval 2 day
+
+      - name: asset_amount
+        description: '{{ doc("asset_amount") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: sponsor
+        description: '{{ doc("sponsor") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: flags
+        description: '{{ doc("flags_accounts_balances") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: last_modified_ledger
+        description: '{{ doc("last_modified_ledger") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: ledger_entry_change
+        description: '{{ doc("ledger_entry_change") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+          - accepted_values:
+              values: [0, 1, 2]
+              quote: false
+
+      - name: deleted
+        description: '{{ doc("deleted") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: batch_id
+        description: '{{ doc("batch_id") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: batch_run_date
+        description: '{{ doc("batch_run_date") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: closed_at
+        description: '{{ doc("closed_at") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: ledger_sequence
+        description: '{{ doc("ledger_sequence") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: upstream_insert_ts
+        description: '{{ doc("upstream_insert_ts") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day
+
+      - name: batch_insert_ts
+        description: '{{ doc("batch_insert_ts") }}'
+        tests:
+          - not_null:
+              config:
+                where: batch_run_date > current_datetime - interval 2 day