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 $ 2,003.51
$ 17.79B
$ 17.79 billion
-1.23%
2 Wrapped BTC WBTC $ 73,445.36
$ 10.09B
$ 10.09 billion
-0.71%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.34%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,482.90
$ 8.59B
$ 8.59 billion
-1.04%
5 Wrapped Ether WETH $ 2,002.35
$ 5.33B
$ 5.33 billion
-1.34%
6 Wrapped eETH weETH $ 2,198.21
$ 3.49B
$ 3.49 billion
-1.27%
7 Coinbase Wrapped BTC CBBTC $ 73,565.19
$ 3.14B
$ 3.14 billion
-0.75%
8 Bitcoin BEP2 BTCB $ 73,682.09
$ 3.11B
$ 3.11 billion
-0.42%
9 Wrapped BNB WBNB $ 705.01
$ 1.22B
$ 1.22 billion
-2.95%
10 Binance Staked SOL BNSOL $ 91.87
$ 913.82M
$ 913.82 million
-0.78%
11 Jito Staked SOL JITOSOL $ 105.49
$ 837.50M
$ 837.50 million
-0.84%
12 Lombard Staked Bitcoin LBTC $ 73,959.94
$ 783.34M
$ 783.34 million
+0.04%
13 Rocket Pool ETH RETH $ 2,339.20
$ 779.35M
$ 779.35 million
-0.97%
14 tBTC v2 TBTC $ 73,710.11
$ 354.57M
$ 354.57 million
-0.50%
15 Binance-Peg XRP Token XRP $ 1.33
$ 301.95M
$ 301.95 million
-0.80%
16 Bitcoin Avalanche Bridged BTC.b $ 73,758.06
$ 283.49M
$ 283.49 million
-0.32%
17 Coinbase Wrapped Staked ETH CBETH $ 2,267.21
$ 265.04M
$ 265.04 million
-1.32%
18 Marinade staked SOL MSOL $ 113.81
$ 263.88M
$ 263.88 million
-0.69%
19 Wrapped Centrifuge CFG $ 0.266
$ 153.76M
$ 153.76 million
-5.50%
20 Wrapped AVAX WAVAX $ 8.99
$ 145.08M
$ 145.08 million
+0.19%
21 Wrapped Solana SOL $ 82.29
$ 123.43M
$ 123.43 million
-0.83%
22 Wrapped Matic WMATIC $ 0.0924
$ 13.16M
$ 13.16 million
+2.16%
23 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.08%
24 Wrapped NCG WNCG $ 0.00679
$ 2.18M
$ 2.18 million
-19.46%

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

25 Ethena Staked USDe sUSDe $ 3.36
$ 10.47B
$ 10.47 billion
-3.50%
26 Wrapped TRON WTRX $ 0.352
$ 1.39B
$ 1.39 billion
+1.21%
27 Solv BTC SOLVBTC $ 73,613.46
$ 466.64M
$ 466.64 million
-0.33%
28 Mantle Staked Ether METH $ 2,192.08
$ 452.90M
$ 452.90 million
-1.04%
29 Jupiter Staked SOL JUPSOL $ 97.94
$ 420.21M
$ 420.21 million
-0.70%
30 BybitSOL BBSOL $ 94.88
$ 113.98M
$ 113.98 million
-0.95%
31 Coinbase Wrapped XRP CBXRP $ 1.33
$ 106.16M
$ 106.16 million
-0.81%
32 Wrapped TAO WTAO $ 256.41
$ 27.48M
$ 27.48 million
-0.40%
33 Wrapped NXM WNXM $ 51.04
$ 21.80M
$ 21.80 million
-0.45%
34 ckBTC ckBTC $ 74,062.65
$ 14.25M
$ 14.25 million
+0.17%
35 renBTC RENBTC $ 16,832.41
$ 5.13M
$ 5.13 million
-2.12%
36 ckUSDC CKUSDC $ 1.00
$ 2.05M
$ 2.05 million
+0.14%
37 ckETH ckETH $ 2,019.13
$ 1.25M
$ 1.25 million
-0.05%
38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,378.21
$ 65.58T
$ 65.58 trillion
-2.19%
39 Wrapped BTC (BitGo) WBTC $ 73,561.39
$ 8.57B
$ 8.57 billion
-0.21%
40 USDC (BASE) USDC $ 1.00
$ 4.35B
$ 4.35 billion
+0.36%
41 Wrapped Binance Beacon ETH WBETH $ 2,201.98
$ 2.73B
$ 2.73 billion
-1.23%
42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.24%
43 USDC (Avalance) USDC $ 0.999
$ 720.95M
$ 720.95 million
+0.47%
44 Wrapped BTC (Wormhole) WBTC $ 73,410.95
$ 220.96M
$ 220.96 million
-0.70%
45 Binance Wrapped BTC BBTC $ 73,643.95
$ 213.57M
$ 213.57 million
-0.56%
46 Gate Wrapped BTC GTBTC $ 73,906.93
$ 169.96M
$ 169.96 million
-0.76%
47 Wrapped Fantom WFTM $ 0.0498
$ 108.86M
$ 108.86 million
-1.79%
48 TRON peg TRX $ 0.351
$ 104.84M
$ 104.84 million
+1.29%
49 Kelp DAO Wrapped rsETH WRSETH $ 2,137.34
$ 67.14M
$ 67.14 million
-0.43%
50 Bitget Wrapped BTC BGBTC $ 73,636.46
$ 38.17M
$ 38.17 million
-0.88%
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Trending Wrapped coins

Top Gainers

Coins Live Price Market cap 24h
Wrapped Matic WMATIC $ 0.0924
$ 13.16M
$ 13.16 million
+2.16%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.34%
Wrapped AVAX WAVAX $ 8.99
$ 145.08M
$ 145.08 million
+0.19%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.08%
Lombard Staked Bitcoin LBTC $ 73,959.94
$ 783.34M
$ 783.34 million
+0.04%
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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