Wrapped coins

3 coins #18

Wrapped tokens are digital versions of assets like cryptocurrencies and gold on the blockchain, allowing direct and secure trading. More

Download
# Coins Price Market cap 24h
1 Lido Staked Ether stETH $ 2,070.64
$ 18.27B
$ 18.27 billion
-3.59%
2 Wrapped BTC WBTC $ 70,786.03
$ 9.73B
$ 9.73 billion
-3.02%
3 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
-0.15%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,543.01
$ 8.12B
$ 8.12 billion
-3.58%
5 Wrapped eETH weETH $ 2,253.01
$ 6.41B
$ 6.41 billion
-3.81%
6 Wrapped Ether WETH $ 2,074.75
$ 5.52B
$ 5.52 billion
-3.42%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.80B
$ 3.80 billion
-0.34%
8 Coinbase Wrapped BTC CBBTC $ 70,945.19
$ 3.12B
$ 3.12 billion
-3.13%
9 Bitcoin BEP2 BTCB $ 70,944.74
$ 2.98B
$ 2.98 billion
-3.13%
10 Jito Staked SOL JITOSOL $ 111.62
$ 1.25B
$ 1.25 billion
-3.84%
11 Wrapped BNB WBNB $ 648.45
$ 913.96M
$ 913.96 million
-1.53%
12 Rocket Pool ETH RETH $ 2,394.93
$ 859.50M
$ 859.50 million
-3.75%
13 Lombard Staked Bitcoin LBTC $ 71,573.17
$ 756.69M
$ 756.69 million
-2.55%
14 Mantle Staked Ether METH $ 2,247.67
$ 478.57M
$ 478.57 million
-2.64%
15 Solv BTC SOLVBTC $ 70,720.50
$ 459.53M
$ 459.53 million
-3.24%
16 tBTC v2 TBTC $ 70,810.22
$ 418.69M
$ 418.69 million
-2.99%
17 Binance-Peg XRP Token XRP $ 1.40
$ 343.71M
$ 343.71 million
-2.96%
18 Marinade staked SOL MSOL $ 120.12
$ 304.00M
$ 304.00 million
-3.90%
19 Coinbase Wrapped Staked ETH CBETH $ 2,324.66
$ 292.28M
$ 292.28 million
-3.66%
20 Bitcoin Avalanche Bridged BTC.b $ 70,884.11
$ 272.47M
$ 272.47 million
-2.96%
21 Wrapped Solana SOL $ 88.27
$ 164.99M
$ 164.99 million
-3.85%
22 Wrapped AVAX WAVAX $ 9.31
$ 154.06M
$ 154.06 million
-2.53%
23 BybitSOL BBSOL $ 100.87
$ 119.58M
$ 119.58 million
-3.18%
24 Wrapped Centrifuge CFG $ 0.151
$ 87.29M
$ 87.29 million
+6.51%
25 Coinbase Wrapped XRP CBXRP $ 1.40
$ 29.81M
$ 29.81 million
-3.15%
26 Wrapped Matic WMATIC $ 0.101
$ 14.40M
$ 14.40 million
-2.74%
27 Axelar Wrapped USDC AXLUSDC $ 0.999
$ 2.55M
$ 2.55 million
-0.12%

The coins below are ranked lower due to missing data. Learn more

28 Binance Staked SOL BNSOL $ 97.55
$ 956.74M
$ 956.74 million
-3.21%
29 Jupiter Staked SOL JUPSOL $ 103.44
$ 433.23M
$ 433.23 million
-3.89%
30 ckBTC ckBTC $ 71,286.43
$ 33.65M
$ 33.65 million
-2.96%
31 Wrapped NXM WNXM $ 53.04
$ 25.65M
$ 25.65 million
-3.08%
32 Wrapped TAO WTAO $ 183.45
$ 21.72M
$ 21.72 million
-6.11%
33 ckUSDC CKUSDC $ 1.00
$ 1.86M
$ 1.86 million
+0.48%
34 Wrapped NCG WNCG $ 0.00541
$ 1.73M
$ 1.73 million
-1.74%
35 ckETH ckETH $ 2,075.88
$ 1.28M
$ 1.28 million
-2.97%
36 renBTC RENBTC $ 3,157.55
$ 961,467
$ 961,467
-3.28%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,994.49
$ 44.66T
$ 44.66 trillion
-1.79%
38 USDC (BASE) USDC $ 0.997
$ 4.33B
$ 4.33 billion
-0.37%
39 Wrapped Binance Beacon ETH WBETH $ 2,260.76
$ 2.94B
$ 2.94 billion
-3.45%
40 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.999
$ 1.29B
$ 1.29 billion
-0.09%
41 USDC (Avalance) USDC $ 1.00
$ 721.54M
$ 721.54 million
+0.08%
42 Wrapped BTC (Wormhole) WBTC $ 70,676.97
$ 282.48M
$ 282.48 million
-3.28%
43 Binance Wrapped BTC BBTC $ 70,801.66
$ 205.32M
$ 205.32 million
-3.11%
44 Gate Wrapped BTC GTBTC $ 71,203.19
$ 163.74M
$ 163.74 million
-2.98%
45 Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ 1.15
$ 91.63M
$ 91.63 million
+0.22%
46 TRON peg TRX $ 0.284
$ 84.70M
$ 84.70 million
-1.03%
47 Kelp DAO Wrapped rsETH WRSETH $ 2,192.47
$ 68.87M
$ 68.87 million
-3.71%
48 Binance-Peg Bitcoin Cash Token BCH $ 456.42
$ 44.04M
$ 44.04 million
-2.29%
49 Wrapped BTC WBTC.E $ 70,533.81
$ 30.89M
$ 30.89 million
-3.08%
50 ETH by Sui Bridge ETH $ 2,060.85
$ 28.34M
$ 28.34 million
-4.33%
Download

Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.151
$ 87.29M
$ 87.29 million
+6.51%
Axelar Wrapped USDC AXLUSDC $ 0.999
$ 2.55M
$ 2.55 million
-0.12%
Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
-0.15%
Ethena Staked USDe sUSDe $ 1.22
$ 3.80B
$ 3.80 billion
-0.34%
Wrapped BNB WBNB $ 648.45
$ 913.96M
$ 913.96 million
-1.53%
All Gainers

What is a wrapped token?

A wrapped token is a blockchain-backed IOU that represents—at a 1:1 ratio—an asset living on another chain or outside the crypto ecosystem entirely.
Smart contracts lock the original asset (BTC, ETH, gold, even real-estate) and mint an equivalent ERC-20, BEP-20, SPL, etc. token so it can trade in DeFi, collateralise loans, or be used in dApps while preserving the price of the underlying collateral.

Quick Facts

  • Purpose: Move non-native or illiquid assets onto faster, programmable chains (mainly Ethereum).
  • Backing: 1:1 custodial or decentralised vault; auditable on-chain.
  • Common standards: ERC-20 (WBTC, WETH), BEP-20 (BBTC), SPL (soBTC).
  • Market size: >$15 B in wrapped BTC alone; >$25 B across all wrapped assets.
  • Key benefit: Interoperability + composability with DeFi (DEX, lend, derivatives).

Top Wrapped Tokens (Live Examples)

Token Ticker Original Asset Host Chain 2024 TVL / Issuance
Wrapped BTC WBTC Bitcoin (BTC) Ethereum 154 k BTC (~$9 B)
Wrapped ETH WETH Ether (ETH) Ethereum 4.2 M ETH (~$11 B)
renBTC renBTC Bitcoin Ethereum 1.1 k BTC (decreasing)
BBTC BBTC Bitcoin BNB Chain 12 k BTC
soBTC soBTC Bitcoin Solana 2.4 k BTC
Wrapped DOT WDOT Polkadot (DOT) Ethereum 1.8 M DOT
Wrapped AVAX WAVAX Avalanche (AVAX) Ethereum / Avalanche 3.7 M AVAX

How It Works

  1. Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
  2. Custody locks the asset in a multi-sig or MPC vault; emits event.
  3. Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
  4. Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
  5. Redeem by burning wrapped token; original asset unlocked and returned.

Benefits

  • DeFi composability – BTC can become collateral for DAI loans or yield farm.
  • Cross-chain liquidity – move value from slow chains to fast, low-fee L2s.
  • Fractional access – tokenise $2 k of gold instead of buying a full bar.
  • 24/7 settlement – no T+2 clearing; trades atomic on DEXs.
  • Transparent reserves – on-chain proof-of-assets; real-time audits.

Risks & Trade-offs

  • Custodial risk – bridge or multi-sig hack can leave wrapped tokens unbacked (e.g., Ronin, Wormhole exploits).
  • Centralisation – WBTC custodian BitGo controls keys; regulatory seizure possible.
  • de-peg events – during high volatility wrapped asset can trade 1–3 % below native (e.g., WBTC vs BTC).
  • Mint/burn fees – custodian plus gas can outweigh small trades.
  • Bridge fragmentation – liquidity splits across WBTC, renBTC, tBTC, etc., hurting depth.
  • Legal uncertainty – wrapped securities or real-estate may breach securities laws.

Final Thoughts

Wrapped tokens are the interoperability layer of DeFi: they let BTC, gold, or even NFTs ride on programmable rails, unlocking yield, leverage, and lightning-fast swaps.
The trade-off is counter-party risk; always check custodian audits, insurance coverage, and bridge decentralisation before parking capital.
If the wrapping process becomes trust-minimised (zk-proof bridges), expect wrapped assets to underpin the next wave of cross-chain finance.

Useful / Related Links