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Wrapped coins

237 coins #19

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 Live Price Market cap 24h
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1 Lido Staked Ether stETH $2,735.74
$26.94B
$26.94 billion
+2.60%
2 Wrapped liquid staked Ether 2.0 wstETH $3,410.24
$12.69B
$12.69 billion
+2.20%
3 Wrapped BTC WBTC $84,304.89
$10.73B
$10.73 billion
+1.15%
4 Binance-Peg BSC-USD BSC-USD $1.00
$9.18B
$9.18 billion
+0.02%
5 Wrapped eETH weETH $3,023.41
$6.09B
$6.09 billion
+2.19%
6 Wrapped Ether WETH $2,738.57
$5.68B
$5.68 billion
+2.05%
7 Wrapped Binance Beacon ETH WBETH $3,029.94
$5.66B
$5.66 billion
+2.09%
8 USDC (BASE) USDC $1.00
$4.32B
$4.32 billion
+0.07%
9 Bitcoin BEP2 BTCB $84,297.30
$4.00B
$4.00 billion
+1.07%
10 Ethena Staked USDe sUSDe $1.25
$3.90B
$3.90 billion
-0.02%
11 Coinbase Wrapped BTC CBBTC $84,316.13
$3.88B
$3.88 billion
+1.15%
12 Binance-Peg USD Coin (BNB Smart Chain) USDC $1.00
$1.59B
$1.59 billion
+0.01%
13 Jito Staked SOL JITOSOL $156.95
$1.25B
$1.25 billion
+0.71%
14 Wrapped BNB WBNB $765.50
$1.20B
$1.20 billion
-0.43%
15 Syrup USDC SYRUPUSDC $1.18
$1.11B
$1.11 billion
-0.05%
16 Rocket Pool ETH RETH $3,204.53
$1.01B
$1.01 billion
+2.39%
17 Lombard Staked Bitcoin LBTC $84,527.19
$662.39M
$662.39 million
+1.11%
18 Jupiter Staked SOL JUPSOL $145.46
$619.81M
$619.81 million
+0.55%
19 Coinbase Wrapped Staked ETH CBETH $3,123.55
$521.62M
$521.62 million
+2.18%
20 tBTC v2 TBTC $84,312.94
$352.25M
$352.25 million
+1.25%
21 Binance-Peg XRP Token XRP $1.55
$351.94M
$351.94 million
+2.44%
22 Marinade staked SOL MSOL $169.15
$278.24M
$278.24 million
+0.57%
23 Wrapped AVAX WAVAX $11.72
$208.19M
$208.19 million
+11.04%
24 Wrapped BTC (Wormhole) WBTC $84,286.17
$207.24M
$207.24 million
+1.15%
25 Coinbase Wrapped XRP CBXRP $1.55
$205.85M
$205.85 million
+2.43%
26 Wrapped Solana SOL $120.63
$180.71M
$180.71 million
+0.75%
27 Bitcoin Avalanche Bridged BTC.b $84,257.39
$168.85M
$168.85 million
+1.09%
28 Wrapped Centrifuge CFG $0.160
$92.53M
$92.53 million
+2.74%
29 Robinhood Wrapped ETH (Robinhood Chain) WETH $2,736.92
$81.25M
$81.25 million
+1.95%
30 Bridged Tether USD USDT $1.000
$26.84M
$26.84 million
+0.11%
31 Wrapped Matic WMATIC $0.124
$22.74M
$22.74 million
+5.44%
32 Binance Beacon ETH BETH $2,736.27
$12.15M
$12.15 million
+2.72%
33 Axelar Wrapped USDC AXLUSDC $1.000
$2.35M
$2.35 million
-0.02%
34 Wrapped Ether (Wormhole) WETH $2,738.03
$682,482
$682,482
+2.06%

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

35 Wrapped TRON WTRX $0.336
$1.41B
$1.41 billion
+0.17%
36 Binance Staked SOL BNSOL $136.53
$1.23B
$1.23 billion
+0.71%
37 Mantle Staked Ether METH $3,007.44
$644.08M
$644.08 million
+2.21%
38 Solv BTC SOLVBTC $84,163.65
$540.37M
$540.37 million
+1.04%
39 BybitSOL BBSOL $141.51
$154.01M
$154.01 million
+0.95%
40 Wrapped TAO WTAO $315.71
$35.55M
$35.55 million
+2.43%
41 Wrapped NXM WNXM $65.84
$26.87M
$26.87 million
+3.14%
42 renBTC RENBTC $14,529.06
$4.65M
$4.65 million
-12.23%
43 Wrapped NCG WNCG $0.00431
$1.79M
$1.79 million
+0.38%
44 ckETH ckETH $2,686.97
$1.66M
$1.66 million
-0.10%
45 Wrapped DOGE WDOGE $0.0945
$12.20B
$12.20 billion
+0.36%
46 Wrapped BTC (BitGo) WBTC $84,524.27
$9.85B
$9.85 billion
+1.68%
47 USD Coin Bridged USDCE $1.00
$772.23M
$772.23 million
+0.01%
48 USDC (Avalance) USDC $1.000
$411.05M
$411.05 million
+0.02%
49 Gate Wrapped BTC GTBTC $84,702.65
$291.74M
$291.74 million
+1.10%
50 Binance Wrapped BTC BBTC $84,249.03
$244.32M
$244.32 million
+1.81%
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Trending Wrapped coins

Top Gainers

Coins Live Price Market cap 24h
Wrapped AVAX WAVAX $11.72
$208.19M
$208.19 million
+11.04%
Wrapped Matic WMATIC $0.124
$22.74M
$22.74 million
+5.44%
Wrapped Centrifuge CFG $0.160
$92.53M
$92.53 million
+2.74%
Binance Beacon ETH BETH $2,736.27
$12.15M
$12.15 million
+2.72%
Lido Staked Ether stETH $2,735.74
$26.94B
$26.94 billion
+2.60%
All Gainers

Market Cap

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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