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 $ 1,968.92
$ 17.37B
$ 17.37 billion
-0.82%
2 Wrapped BTC WBTC $ 67,732.75
$ 9.31B
$ 9.31 billion
-0.13%
3 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
-0.14%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,414.50
$ 7.71B
$ 7.71 billion
-1.02%
5 Wrapped eETH weETH $ 2,141.29
$ 6.09B
$ 6.09 billion
-0.96%
6 Wrapped Ether WETH $ 1,968.09
$ 5.23B
$ 5.23 billion
-0.89%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
+0.07%
8 Coinbase Wrapped BTC CBBTC $ 67,879.37
$ 2.98B
$ 2.98 billion
-0.17%
9 Bitcoin BEP2 BTCB $ 67,833.77
$ 2.85B
$ 2.85 billion
-0.20%
10 Jito Staked SOL JITOSOL $ 105.47
$ 1.19B
$ 1.19 billion
-1.47%
11 Binance Staked SOL BNSOL $ 91.96
$ 902.82M
$ 902.82 million
-1.10%
12 Wrapped BNB WBNB $ 621.22
$ 875.38M
$ 875.38 million
-1.21%
13 Lombard Staked Bitcoin LBTC $ 67,909.21
$ 718.29M
$ 718.29 million
-0.82%
14 Solv BTC SOLVBTC $ 67,497.98
$ 436.13M
$ 436.13 million
-0.29%
15 tBTC v2 TBTC $ 67,752.21
$ 400.58M
$ 400.58 million
-0.29%
16 Binance-Peg XRP Token XRP $ 1.36
$ 334.01M
$ 334.01 million
-0.47%
17 Marinade staked SOL MSOL $ 113.39
$ 286.90M
$ 286.90 million
+0.06%
18 Coinbase Wrapped Staked ETH CBETH $ 2,210.48
$ 277.93M
$ 277.93 million
-1.03%
19 Bitcoin Avalanche Bridged BTC.b $ 67,721.33
$ 260.32M
$ 260.32 million
-0.34%
20 Wrapped AVAX WAVAX $ 8.93
$ 147.67M
$ 147.67 million
-0.97%
21 Wrapped Solana SOL $ 83.55
$ 125.12M
$ 125.12 million
-1.42%
22 BybitSOL BBSOL $ 94.91
$ 112.56M
$ 112.56 million
-1.30%
23 Wrapped Centrifuge CFG $ 0.148
$ 85.30M
$ 85.30 million
+1.63%
24 Wrapped Matic WMATIC $ 0.0951
$ 13.53M
$ 13.53 million
-2.99%
25 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.55M
$ 2.55 million
-0.02%
26 Wrapped NCG WNCG $ 0.00529
$ 1.70M
$ 1.70 million
-0.58%

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

27 Rocket Pool ETH RETH $ 2,268.84
$ 814.25M
$ 814.25 million
-1.31%
28 Mantle Staked Ether METH $ 2,147.03
$ 457.13M
$ 457.13 million
-0.71%
29 Jupiter Staked SOL JUPSOL $ 97.98
$ 410.34M
$ 410.34 million
-1.33%
30 ckBTC ckBTC $ 67,784.48
$ 31.99M
$ 31.99 million
-1.59%
31 Coinbase Wrapped XRP CBXRP $ 1.36
$ 29.01M
$ 29.01 million
-0.35%
32 Wrapped NXM WNXM $ 51.06
$ 24.71M
$ 24.71 million
-0.90%
33 Wrapped TAO WTAO $ 176.54
$ 20.90M
$ 20.90 million
-1.64%
34 ckUSDC CKUSDC $ 0.997
$ 1.85M
$ 1.85 million
-0.60%
35 ckETH ckETH $ 1,973.65
$ 1.22M
$ 1.22 million
-1.55%
36 renBTC RENBTC $ 3,056.54
$ 929,731
$ 929,731
-0.96%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,935.39
$ 44.13T
$ 44.13 trillion
-0.72%
38 Wrapped DOGE WDOGE $ 0.104
$ 13.46B
$ 13.46 billion
-0.02%
39 USDC (BASE) USDC $ 1.000
$ 4.34B
$ 4.34 billion
-0.23%
40 Wrapped Binance Beacon ETH WBETH $ 2,146.12
$ 2.79B
$ 2.79 billion
-1.07%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.000
$ 1.29B
$ 1.29 billion
-0.01%
42 USDC (Avalance) USDC $ 1.00
$ 721.49M
$ 721.49 million
-0.04%
43 Wrapped BTC (Wormhole) WBTC $ 67,634.74
$ 270.35M
$ 270.35 million
-0.27%
44 Binance Wrapped BTC BBTC $ 67,772.98
$ 196.54M
$ 196.54 million
-0.32%
45 Gate Wrapped BTC GTBTC $ 68,120.94
$ 156.65M
$ 156.65 million
-0.14%
46 Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ 1.15
$ 91.48M
$ 91.48 million
-46.45%
47 TRON peg TRX $ 0.287
$ 85.63M
$ 85.63 million
+1.28%
48 Kelp DAO Wrapped rsETH WRSETH $ 2,078.37
$ 65.28M
$ 65.28 million
-1.38%
49 Binance-Peg Bitcoin Cash Token BCH $ 450.76
$ 43.50M
$ 43.50 million
+0.21%
50 Wrapped DAG WDAG $ 0.0105
$ 38.79M
$ 38.79 million
-26.13%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.148
$ 85.30M
$ 85.30 million
+1.63%
Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
+0.07%
Marinade staked SOL MSOL $ 113.39
$ 286.90M
$ 286.90 million
+0.06%
Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.55M
$ 2.55 million
-0.02%
Wrapped BTC WBTC $ 67,732.75
$ 9.31B
$ 9.31 billion
-0.13%
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