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 $ 2,079.33
$ 18.34B
$ 18.34 billion
-0.92%
2 Wrapped BTC WBTC $ 70,713.30
$ 9.72B
$ 9.72 billion
-1.32%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.10%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,555.77
$ 8.16B
$ 8.16 billion
-0.89%
5 Wrapped eETH weETH $ 2,265.22
$ 6.44B
$ 6.44 billion
-0.91%
6 Wrapped Ether WETH $ 2,079.94
$ 5.53B
$ 5.53 billion
-0.86%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
+0.30%
8 Coinbase Wrapped BTC CBBTC $ 70,959.74
$ 3.12B
$ 3.12 billion
-1.38%
9 Bitcoin BEP2 BTCB $ 70,954.06
$ 2.98B
$ 2.98 billion
-1.29%
10 Jito Staked SOL JITOSOL $ 111.83
$ 1.26B
$ 1.26 billion
-1.73%
11 Wrapped BNB WBNB $ 645.90
$ 910.25M
$ 910.25 million
-0.67%
12 Lombard Staked Bitcoin LBTC $ 71,058.93
$ 751.17M
$ 751.17 million
-2.21%
13 Mantle Staked Ether METH $ 2,269.94
$ 483.31M
$ 483.31 million
-0.31%
14 Solv BTC SOLVBTC $ 70,582.55
$ 458.63M
$ 458.63 million
-2.50%
15 tBTC v2 TBTC $ 70,962.00
$ 419.59M
$ 419.59 million
-1.49%
16 Binance-Peg XRP Token XRP $ 1.40
$ 344.60M
$ 344.60 million
-0.83%
17 Marinade staked SOL MSOL $ 120.38
$ 304.66M
$ 304.66 million
-1.89%
18 Coinbase Wrapped Staked ETH CBETH $ 2,339.11
$ 294.10M
$ 294.10 million
-0.74%
19 Bitcoin Avalanche Bridged BTC.b $ 72,341.89
$ 278.07M
$ 278.07 million
+0.01%
20 Wrapped Solana SOL $ 88.35
$ 165.16M
$ 165.16 million
-1.88%
21 Wrapped AVAX WAVAX $ 9.44
$ 156.12M
$ 156.12 million
+0.20%
22 BybitSOL BBSOL $ 100.33
$ 119.08M
$ 119.08 million
-1.70%
23 Wrapped Centrifuge CFG $ 0.152
$ 87.84M
$ 87.84 million
-1.06%
24 Wrapped Matic WMATIC $ 0.102
$ 14.59M
$ 14.59 million
-0.16%
25 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
+0.08%

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

26 Binance Staked SOL BNSOL $ 97.38
$ 955.33M
$ 955.33 million
-1.58%
27 Rocket Pool ETH RETH $ 2,417.43
$ 867.39M
$ 867.39 million
-0.78%
28 Jupiter Staked SOL JUPSOL $ 103.80
$ 434.73M
$ 434.73 million
-1.82%
29 ckBTC ckBTC $ 71,598.18
$ 33.79M
$ 33.79 million
-1.07%
30 Coinbase Wrapped XRP CBXRP $ 1.41
$ 30.02M
$ 30.02 million
-0.12%
31 Wrapped NXM WNXM $ 53.15
$ 25.71M
$ 25.71 million
-2.06%
32 Wrapped TAO WTAO $ 183.26
$ 21.70M
$ 21.70 million
-2.51%
33 ckUSDC CKUSDC $ 1.00
$ 1.86M
$ 1.86 million
+0.18%
34 Wrapped NCG WNCG $ 0.00544
$ 1.74M
$ 1.74 million
-0.03%
35 ckETH ckETH $ 2,086.08
$ 1.29M
$ 1.29 million
-1.93%
36 renBTC RENBTC $ 3,127.41
$ 952,290
$ 952,290
-2.03%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,026.36
$ 44.94T
$ 44.94 trillion
+5.60%
38 Wrapped DOGE WDOGE $ 0.108
$ 13.96B
$ 13.96 billion
+4.89%
39 USDC (BASE) USDC $ 1.01
$ 4.37B
$ 4.37 billion
+0.71%
40 Wrapped Binance Beacon ETH WBETH $ 2,268.78
$ 2.95B
$ 2.95 billion
-0.79%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.999
$ 1.29B
$ 1.29 billion
+0.04%
42 USDC (Avalance) USDC $ 1.01
$ 725.87M
$ 725.87 million
+0.53%
43 Wrapped BTC (Wormhole) WBTC $ 70,803.35
$ 283.03M
$ 283.03 million
-1.29%
44 Binance Wrapped BTC BBTC $ 70,644.92
$ 204.87M
$ 204.87 million
-1.76%
45 Gate Wrapped BTC GTBTC $ 71,164.64
$ 163.65M
$ 163.65 million
-1.25%
46 Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ 1.15
$ 91.63M
$ 91.63 million
+0.00%
47 TRON peg TRX $ 0.286
$ 85.38M
$ 85.38 million
+0.30%
48 Kelp DAO Wrapped rsETH WRSETH $ 2,204.65
$ 69.25M
$ 69.25 million
-2.82%
49 Binance-Peg Bitcoin Cash Token BCH $ 461.78
$ 44.56M
$ 44.56 million
+0.67%
50 Wrapped BTC WBTC.E $ 70,762.36
$ 30.99M
$ 30.99 million
-1.86%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
+0.30%
Wrapped AVAX WAVAX $ 9.44
$ 156.12M
$ 156.12 million
+0.20%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.10%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
+0.08%
Bitcoin Avalanche Bridged BTC.b $ 72,341.89
$ 278.07M
$ 278.07 million
+0.01%
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