Wrapped coins

221 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 Price Market cap 24h
1 Lido Staked Ether stETH $ 2,260.22
$ 19.84B
$ 19.84 billion
-2.49%
2 Wrapped BTC WBTC $ 79,427.07
$ 10.91B
$ 10.91 billion
-2.00%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,789.91
$ 9.34B
$ 9.34 billion
-2.57%
4 Binance-Peg BSC-USD BSC-USD $ 0.968
$ 8.70B
$ 8.70 billion
+14.27%
5 Wrapped Ether WETH $ 2,254.29
$ 5.99B
$ 5.99 billion
-2.91%
6 Wrapped eETH weETH $ 2,475.66
$ 4.34B
$ 4.34 billion
-2.47%
7 Bitcoin BEP2 BTCB $ 77,739.55
$ 3.28B
$ 3.28 billion
+14.72%
8 Coinbase Wrapped BTC CBBTC $ 79,646.58
$ 3.18B
$ 3.18 billion
-1.94%
9 Wrapped BNB WBNB $ 658.93
$ 1.14B
$ 1.14 billion
+21.41%
10 Binance Staked SOL BNSOL $ 100.74
$ 938.28M
$ 938.28 million
-5.27%
11 Jito Staked SOL JITOSOL $ 116.02
$ 921.17M
$ 921.17 million
-5.12%
12 Rocket Pool ETH RETH $ 2,628.80
$ 877.17M
$ 877.17 million
-2.54%
13 Lombard Staked Bitcoin LBTC $ 79,891.54
$ 847.61M
$ 847.61 million
-1.90%
14 tBTC v2 TBTC $ 79,636.58
$ 409.24M
$ 409.24 million
-1.78%
15 Binance-Peg XRP Token XRP $ 1.39
$ 317.54M
$ 317.54 million
+5.84%
16 Bitcoin Avalanche Bridged BTC.b $ 79,726.57
$ 306.45M
$ 306.45 million
-1.70%
17 Coinbase Wrapped Staked ETH CBETH $ 2,549.87
$ 298.03M
$ 298.03 million
-2.79%
18 Marinade staked SOL MSOL $ 125.06
$ 289.99M
$ 289.99 million
-5.07%
19 Wrapped Centrifuge CFG $ 0.279
$ 160.83M
$ 160.83 million
-5.96%
20 Wrapped AVAX WAVAX $ 9.69
$ 156.39M
$ 156.39 million
-3.73%
21 Wrapped Solana SOL $ 90.76
$ 136.14M
$ 136.14 million
-5.22%
22 Wrapped Matic WMATIC $ 0.0942
$ 13.41M
$ 13.41 million
-6.74%
23 Axelar Wrapped USDC AXLUSDC $ 0.989
$ 2.45M
$ 2.45 million
-1.07%
24 Wrapped NCG WNCG $ 0.00589
$ 1.89M
$ 1.89 million
+0.87%

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

25 Ethena Staked USDe sUSDe $ 3.77
$ 11.76B
$ 11.76 billion
-0.50%
26 Mantle Staked Ether METH $ 2,462.36
$ 560.21M
$ 560.21 million
-2.51%
27 Solv BTC SOLVBTC $ 77,647.52
$ 500.19M
$ 500.19 million
+2.33%
28 Jupiter Staked SOL JUPSOL $ 107.88
$ 462.73M
$ 462.73 million
-4.96%
29 BybitSOL BBSOL $ 104.27
$ 118.22M
$ 118.22 million
-5.39%
30 Coinbase Wrapped XRP CBXRP $ 1.43
$ 101.16M
$ 101.16 million
-2.34%
31 Wrapped TAO WTAO $ 298.17
$ 32.35M
$ 32.35 million
-1.07%
32 Wrapped NXM WNXM $ 56.64
$ 24.41M
$ 24.41 million
-2.57%
33 ckBTC ckBTC $ 80,054.54
$ 23.24M
$ 23.24 million
-5.30%
34 renBTC RENBTC $ 16,216.57
$ 4.94M
$ 4.94 million
-15.28%
35 ckUSDC CKUSDC $ 1.00
$ 1.58M
$ 1.58 million
-0.37%
36 ckETH ckETH $ 2,265.71
$ 1.40M
$ 1.40 million
-3.92%
37 ckOCT CKOCT $ 0.00258
$ 45.58T
$ 45.58 trillion
-42.09%
38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,885.74
$ 32.92T
$ 32.92 trillion
-0.51%
39 Wrapped BTC (BitGo) WBTC $ 79,489.05
$ 9.41B
$ 9.41 billion
-1.32%
40 USDC (BASE) USDC $ 1.000
$ 4.34B
$ 4.34 billion
+0.01%
41 Wrapped Binance Beacon ETH WBETH $ 2,475.97
$ 3.07B
$ 3.07 billion
-2.71%
42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.968
$ 1.25B
$ 1.25 billion
+13.92%
43 USDC (Avalance) USDC $ 0.968
$ 698.89M
$ 698.89 million
-2.93%
44 Wrapped BTC (Wormhole) WBTC $ 79,468.24
$ 252.29M
$ 252.29 million
-1.88%
45 Binance Wrapped BTC BBTC $ 79,784.06
$ 231.37M
$ 231.37 million
-1.71%
46 Gate Wrapped BTC GTBTC $ 79,999.42
$ 183.97M
$ 183.97 million
-1.84%
47 Wrapped Fantom WFTM $ 0.0517
$ 112.99M
$ 112.99 million
+11.71%
48 TRON peg TRX $ 0.352
$ 105.07M
$ 105.07 million
+0.72%
49 Wrapped DAG WDAG $ 0.0213
$ 79.03M
$ 79.03 million
+6.58%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,151.53
$ 67.58M
$ 67.58 million
-4.79%
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Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Wrapped BNB WBNB $ 658.93
$ 1.14B
$ 1.14 billion
+21.41%
Bitcoin BEP2 BTCB $ 77,739.55
$ 3.28B
$ 3.28 billion
+14.72%
Binance-Peg BSC-USD BSC-USD $ 0.968
$ 8.70B
$ 8.70 billion
+14.27%
Binance-Peg XRP Token XRP $ 1.39
$ 317.54M
$ 317.54 million
+5.84%
Wrapped NCG WNCG $ 0.00589
$ 1.89M
$ 1.89 million
+0.87%
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.

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