Wrapped coins 3 coins
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Wrapped tokens are digital versions of assets like cryptocurrencies and gold on the blockchain, allowing direct and secure trading. More
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Coins Price Market cap 24h 1 Lido Staked Ether stETH $ 2,032.49 $ 17.93B
$ 17.93 billion +1.63% 2 Wrapped BTC WBTC $ 69,685.35 $ 9.58B
$ 9.58 billion +1.88% 3 Binance-Peg BSC-USD BSC-USD $ 1.00 $ 8.99B
$ 8.99 billion +0.06% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,492.64 $ 7.96B
$ 7.96 billion +1.45% 5 Wrapped eETH weETH $ 2,215.81 $ 6.30B
$ 6.30 billion +1.79% 6 Wrapped Ether WETH $ 2,034.07 $ 5.41B
$ 5.41 billion +1.66% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.81B
$ 3.81 billion +0.19% 8 Coinbase Wrapped BTC CBBTC $ 69,878.33 $ 3.07B
$ 3.07 billion +1.89% 9 Bitcoin BEP2 BTCB $ 69,900.46 $ 2.94B
$ 2.94 billion +1.91% 10 Jito Staked SOL JITOSOL $ 108.35 $ 1.22B
$ 1.22 billion +0.22% 11 Binance Staked SOL BNSOL $ 94.20 $ 924.47M
$ 924.47 million +0.34% 12 Wrapped BNB WBNB $ 641.58 $ 904.17M
$ 904.17 million +0.99% 13 Rocket Pool ETH RETH $ 2,353.43 $ 844.61M
$ 844.61 million +1.31% 14 Lombard Staked Bitcoin LBTC $ 70,334.99 $ 743.89M
$ 743.89 million +2.82% 15 Mantle Staked Ether METH $ 2,212.73 $ 471.12M
$ 471.12 million +1.80% 16 Solv BTC SOLVBTC $ 69,590.70 $ 443.51M
$ 443.51 million +1.60% 17 Jupiter Staked SOL JUPSOL $ 100.41 $ 420.54M
$ 420.54 million +0.05% 18 tBTC v2 TBTC $ 69,748.49 $ 412.40M
$ 412.40 million +1.79% 19 Binance-Peg XRP Token XRP $ 1.38 $ 339.47M
$ 339.47 million +1.20% 20 Coinbase Wrapped Staked ETH CBETH $ 2,286.78 $ 287.52M
$ 287.52 million +1.61% 21 Bitcoin Avalanche Bridged BTC.b $ 69,823.84 $ 268.44M
$ 268.44 million +1.68% 22 Marinade staked SOL MSOL $ 116.60 $ 242.99M
$ 242.99 million +0.06% 23 Wrapped Solana SOL $ 85.47 $ 159.75M
$ 159.75 million +0.07% 24 Wrapped AVAX WAVAX $ 9.52 $ 157.59M
$ 157.59 million +2.97% 25 BybitSOL BBSOL $ 96.73 $ 113.69M
$ 113.69 million -0.37% 26 Wrapped Centrifuge CFG $ 0.142 $ 81.74M
$ 81.74 million -0.20% 27 Coinbase Wrapped XRP CBXRP $ 1.39 $ 29.52M
$ 29.52 million +1.97% 28 Wrapped Matic WMATIC $ 0.0962 $ 13.69M
$ 13.69 million +0.51% 29 Axelar Wrapped USDC AXLUSDC $ 1.000 $ 2.55M
$ 2.55 million -0.04% 30 Wrapped NCG WNCG $ 0.00530 $ 1.70M
$ 1.70 million +1.10%
The coins below are ranked lower due to missing data.
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31 ckBTC ckBTC $ 68,651.99 $ 32.40M
$ 32.40 million +0.66% 32 Wrapped NXM WNXM $ 51.74 $ 24.99M
$ 24.99 million +1.08% 33 Wrapped TAO WTAO $ 199.26 $ 23.60M
$ 23.60 million +3.75% 34 ckUSDC CKUSDC $ 0.994 $ 1.85M
$ 1.85 million -0.21% 35 ckETH ckETH $ 2,026.97 $ 1.25M
$ 1.25 million +1.67% 36 renBTC RENBTC $ 3,587.87 $ 1.09M
$ 1.09 million +16.32% 37 ckOCT CKOCT $ 0.00317 $ 56.16T
$ 56.16 trillion -54.42% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,159.35 $ 46.13T
$ 46.13 trillion +2.04% 39 Wrapped DOGE WDOGE $ 0.106 $ 13.70B
$ 13.70 billion -0.08% 40 USDC (BASE) USDC $ 1.00 $ 4.35B
$ 4.35 billion +0.23% 41 Wrapped Binance Beacon ETH WBETH $ 2,221.72 $ 2.89B
$ 2.89 billion +1.84% 42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00 $ 1.29B
$ 1.29 billion -0.19% 43 USDC (Avalance) USDC $ 0.999 $ 721.07M
$ 721.07 million -0.05% 44 Wrapped BTC (Wormhole) WBTC $ 69,683.56 $ 278.55M
$ 278.55 million +1.79% 45 Binance Wrapped BTC BBTC $ 69,724.91 $ 202.20M
$ 202.20 million +1.55% 46 Gate Wrapped BTC GTBTC $ 70,078.75 $ 161.15M
$ 161.15 million +1.82% 47 TRON peg TRX $ 0.285 $ 85.13M
$ 85.13 million -0.18% 48 Kelp DAO Wrapped rsETH WRSETH $ 2,160.90 $ 67.88M
$ 67.88 million +0.90% 49 Binance-Peg Bitcoin Cash Token BCH $ 443.97 $ 42.84M
$ 42.84 million -0.72% 50 Wrapped BTC WBTC.E $ 69,447.52 $ 30.41M
$ 30.41 million +1.71%
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
Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
Custody locks the asset in a multi-sig or MPC vault; emits event.
Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
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.
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