Wrapped coins

213 coins #19

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 $ 2,346.35
$ 22.11B
$ 22.11 billion
-3.06%
2 Wrapped liquid staked Ether 2.0 wstETH $ 2,891.77
$ 10.87B
$ 10.87 billion
-3.53%
3 Wrapped BTC WBTC $ 75,679.69
$ 10.40B
$ 10.40 billion
-1.80%
4 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
-0.07%
5 Wrapped Ether WETH $ 2,357.15
$ 6.27B
$ 6.27 billion
-3.03%
6 Wrapped eETH weETH $ 2,559.04
$ 6.08B
$ 6.08 billion
-3.68%
7 Coinbase Wrapped BTC CBBTC $ 75,877.34
$ 3.54B
$ 3.54 billion
-1.76%
8 Bitcoin BEP2 BTCB $ 75,854.45
$ 3.19B
$ 3.19 billion
-1.87%
9 Wrapped BNB WBNB $ 631.41
$ 1.09B
$ 1.09 billion
-2.18%
10 Jito Staked SOL JITOSOL $ 110.02
$ 992.25M
$ 992.25 million
-3.25%
11 Rocket Pool ETH RETH $ 2,739.50
$ 925.15M
$ 925.15 million
-3.19%
12 Binance Staked SOL BNSOL $ 95.70
$ 891.29M
$ 891.29 million
-3.03%
13 Lombard Staked Bitcoin LBTC $ 76,235.83
$ 808.53M
$ 808.53 million
-1.69%
14 tBTC v2 TBTC $ 75,709.31
$ 446.46M
$ 446.46 million
-2.01%
15 Binance-Peg XRP Token XRP $ 1.43
$ 327.13M
$ 327.13 million
-3.57%
16 Coinbase Wrapped Staked ETH CBETH $ 2,658.57
$ 316.34M
$ 316.34 million
-2.97%
17 Bitcoin Avalanche Bridged BTC.b $ 75,899.08
$ 291.75M
$ 291.75 million
-2.11%
18 Marinade staked SOL MSOL $ 118.52
$ 240.76M
$ 240.76 million
-3.23%
19 Wrapped AVAX WAVAX $ 9.40
$ 149.50M
$ 149.50 million
-4.41%
20 Wrapped Centrifuge CFG $ 0.258
$ 149.49M
$ 149.49 million
+14.20%
21 Wrapped Solana SOL $ 86.37
$ 129.57M
$ 129.57 million
-2.96%
22 Coinbase Wrapped XRP CBXRP $ 1.44
$ 85.98M
$ 85.98 million
-3.25%
23 Wrapped Matic WMATIC $ 0.0900
$ 12.81M
$ 12.81 million
-0.95%
24 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.48M
$ 2.48 million
-0.02%
25 Wrapped NCG WNCG $ 0.00546
$ 1.75M
$ 1.75 million
+0.01%

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

26 Ethena Staked USDe sUSDe $ 2.87
$ 8.96B
$ 8.96 billion
-5.47%
27 Mantle Staked Ether METH $ 2,570.14
$ 683.23M
$ 683.23 million
-3.00%
28 Solv BTC SOLVBTC $ 75,737.04
$ 479.23M
$ 479.23 million
-2.03%
29 Jupiter Staked SOL JUPSOL $ 101.86
$ 435.69M
$ 435.69 million
-3.67%
30 BybitSOL BBSOL $ 98.90
$ 99.34M
$ 99.34 million
-3.01%
31 Wrapped TAO WTAO $ 248.44
$ 27.66M
$ 27.66 million
-4.64%
32 Wrapped NXM WNXM $ 58.96
$ 26.00M
$ 26.00 million
-3.05%
33 ckBTC ckBTC $ 75,736.39
$ 21.95M
$ 21.95 million
-2.22%
34 renBTC RENBTC $ 13,920.80
$ 4.24M
$ 4.24 million
-0.96%
35 ckUSDC CKUSDC $ 1.00
$ 1.58M
$ 1.58 million
+0.65%
36 ckETH ckETH $ 2,350.50
$ 1.45M
$ 1.45 million
-3.10%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,887.80
$ 32.41T
$ 32.41 trillion
-3.94%
38 Wrapped BTC (BitGo) WBTC $ 75,732.47
$ 9.06B
$ 9.06 billion
-2.13%
39 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
+0.14%
40 Wrapped Binance Beacon ETH WBETH $ 2,583.10
$ 3.35B
$ 3.35 billion
-2.96%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.31%
42 USDC (Avalance) USDC $ 0.999
$ 720.96M
$ 720.96 million
-0.02%
43 Wrapped BTC (Wormhole) WBTC $ 75,690.59
$ 280.18M
$ 280.18 million
-1.90%
44 Binance Wrapped BTC BBTC $ 75,826.05
$ 219.90M
$ 219.90 million
-2.03%
45 Gate Wrapped BTC GTBTC $ 76,071.08
$ 174.93M
$ 174.93 million
-1.87%
46 Umbrella Stake Wrapped Aave Ethereum USDT v1 stkwaEthUSDT.v1 $ 1.16
$ 123.69M
$ 123.69 million
-0.00%
47 Wrapped Fantom WFTM $ 0.0457
$ 99.99M
$ 99.99 million
-2.66%
48 TRON peg TRX $ 0.329
$ 98.37M
$ 98.37 million
+0.85%
49 Kelp DAO Wrapped rsETH WRSETH $ 2,495.61
$ 78.39M
$ 78.39 million
-3.91%
50 Cardano AP3X Token cAP3X $ 0.0159
$ 47.55M
$ 47.55 million
-8.02%
Download

Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.258
$ 149.49M
$ 149.49 million
+14.20%
Wrapped NCG WNCG $ 0.00546
$ 1.75M
$ 1.75 million
+0.01%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.48M
$ 2.48 million
-0.02%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
-0.07%
Wrapped Matic WMATIC $ 0.0900
$ 12.81M
$ 12.81 million
-0.95%
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