Wrapped coins

222 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
1 Lido Staked Ether stETH $ 1,993.70
$ 17.70B
$ 17.70 billion
-0.07%
2 Wrapped BTC WBTC $ 70,543.43
$ 9.69B
$ 9.69 billion
-3.65%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.02B
$ 9.02 billion
+0.27%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,467.93
$ 8.56B
$ 8.56 billion
+0.00%
5 Wrapped Ether WETH $ 1,990.79
$ 5.29B
$ 5.29 billion
-0.16%
6 Wrapped eETH weETH $ 2,188.71
$ 3.47B
$ 3.47 billion
+0.11%
7 Coinbase Wrapped BTC CBBTC $ 70,666.28
$ 3.05B
$ 3.05 billion
-3.62%
8 Bitcoin BEP2 BTCB $ 70,825.75
$ 2.99B
$ 2.99 billion
-3.47%
9 Wrapped BNB WBNB $ 687.78
$ 1.19B
$ 1.19 billion
-1.17%
10 Binance Staked SOL BNSOL $ 89.46
$ 889.87M
$ 889.87 million
-1.94%
11 Jito Staked SOL JITOSOL $ 102.99
$ 781.62M
$ 781.62 million
-1.78%
12 Rocket Pool ETH RETH $ 2,328.32
$ 775.23M
$ 775.23 million
+0.09%
13 Lombard Staked Bitcoin LBTC $ 71,010.76
$ 752.10M
$ 752.10 million
-3.66%
14 tBTC v2 TBTC $ 70,801.01
$ 341.48M
$ 341.48 million
-3.56%
15 Binance-Peg XRP Token XRP $ 1.28
$ 289.56M
$ 289.56 million
-3.41%
16 Bitcoin Avalanche Bridged BTC.b $ 70,654.86
$ 271.65M
$ 271.65 million
-3.71%
17 Coinbase Wrapped Staked ETH CBETH $ 2,253.15
$ 263.45M
$ 263.45 million
-0.13%
18 Marinade staked SOL MSOL $ 110.88
$ 257.10M
$ 257.10 million
-1.83%
19 Wrapped Centrifuge CFG $ 0.253
$ 145.99M
$ 145.99 million
-2.13%
20 Wrapped AVAX WAVAX $ 8.80
$ 141.90M
$ 141.90 million
-1.24%
21 Wrapped Solana SOL $ 80.18
$ 120.27M
$ 120.27 million
-1.88%
22 Wrapped NXM WNXM $ 52.29
$ 22.36M
$ 22.36 million
+2.37%
23 Wrapped Matic WMATIC $ 0.0926
$ 13.17M
$ 13.17 million
-0.38%
24 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.06%
25 Wrapped NCG WNCG $ 0.00620
$ 1.99M
$ 1.99 million
-7.76%

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

26 Ethena Staked USDe sUSDe $ 3.37
$ 10.49B
$ 10.49 billion
+0.22%
27 Wrapped TRON WTRX $ 0.343
$ 1.36B
$ 1.36 billion
-2.46%
28 Mantle Staked Ether METH $ 2,175.96
$ 449.51M
$ 449.51 million
-0.21%
29 Solv BTC SOLVBTC $ 70,513.71
$ 446.03M
$ 446.03 million
-3.94%
30 Jupiter Staked SOL JUPSOL $ 95.58
$ 409.93M
$ 409.93 million
-1.73%
31 BybitSOL BBSOL $ 92.35
$ 108.68M
$ 108.68 million
-2.08%
32 Coinbase Wrapped XRP CBXRP $ 1.28
$ 101.63M
$ 101.63 million
-3.47%
33 Wrapped TAO WTAO $ 252.38
$ 27.05M
$ 27.05 million
-0.67%
34 ckBTC ckBTC $ 71,269.88
$ 13.71M
$ 13.71 million
-3.26%
35 renBTC RENBTC $ 15,051.41
$ 4.58M
$ 4.58 million
-7.99%
36 ckUSDC CKUSDC $ 1.01
$ 2.06M
$ 2.06 million
+0.79%
37 ckETH ckETH $ 1,998.75
$ 1.24M
$ 1.24 million
-0.49%
38 ckOCT CKOCT $ 0.00578
$ 102.43T
$ 102.43 trillion
-4.83%
39 Wrapped DOGE WDOGE $ 0.0992
$ 12.81B
$ 12.81 billion
-0.65%
40 Wrapped BTC (BitGo) WBTC $ 70,553.93
$ 8.22B
$ 8.22 billion
-3.81%
41 USDC (BASE) USDC $ 1.00
$ 4.36B
$ 4.36 billion
+1.59%
42 Wrapped Binance Beacon ETH WBETH $ 2,189.34
$ 2.71B
$ 2.71 billion
-0.12%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.27%
44 USDC (Avalance) USDC $ 1.00
$ 722.05M
$ 722.05 million
+0.25%
45 Wrapped BTC (Wormhole) WBTC $ 70,548.59
$ 212.37M
$ 212.37 million
-3.65%
46 Binance Wrapped BTC BBTC $ 70,754.18
$ 205.19M
$ 205.19 million
-3.71%
47 Gate Wrapped BTC GTBTC $ 70,899.10
$ 163.04M
$ 163.04 million
-3.72%
48 Wrapped Fantom WFTM $ 0.0480
$ 105.06M
$ 105.06 million
-3.12%
49 TRON peg TRX $ 0.343
$ 102.39M
$ 102.39 million
-2.34%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,117.07
$ 66.50M
$ 66.50 million
-0.45%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Wrapped NXM WNXM $ 52.29
$ 22.36M
$ 22.36 million
+2.37%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.02B
$ 9.02 billion
+0.27%
Wrapped eETH weETH $ 2,188.71
$ 3.47B
$ 3.47 billion
+0.11%
Rocket Pool ETH RETH $ 2,328.32
$ 775.23M
$ 775.23 million
+0.09%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.06%
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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