Wrapped coins

232 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 $2,450.02
$23.68B
$23.68 billion
-2.45%
2 Wrapped liquid staked Ether 2.0 wstETH $3,050.79
$11.30B
$11.30 billion
-2.72%
3 Wrapped BTC WBTC $79,529.12
$10.11B
$10.11 billion
-1.82%
4 Binance-Peg BSC-USD BSC-USD $1.00
$9.18B
$9.18 billion
-0.03%
5 Wrapped Ether WETH $2,453.75
$5.02B
$5.02 billion
-2.73%
6 Wrapped Binance Beacon ETH WBETH $2,711.02
$4.52B
$4.52 billion
-2.78%
7 USDC (BASE) USDC $1.000
$4.25B
$4.25 billion
+0.02%
8 Coinbase Wrapped BTC CBBTC $79,632.40
$4.00B
$4.00 billion
-1.87%
9 Bitcoin BEP2 BTCB $79,628.15
$3.76B
$3.76 billion
-1.89%
10 Binance-Peg USD Coin (BNB Smart Chain) USDC $1.00
$1.59B
$1.59 billion
+0.01%
11 Wrapped BNB WBNB $752.53
$1.33B
$1.33 billion
+4.03%
12 Syrup USDC SYRUPUSDC $1.18
$1.06B
$1.06 billion
-0.03%
13 Jito Staked SOL JITOSOL $133.11
$1.04B
$1.04 billion
-1.55%
14 Rocket Pool ETH RETH $2,870.39
$910.78M
$910.78 million
-2.46%
15 Lombard Staked Bitcoin LBTC $79,969.61
$686.89M
$686.89 million
-1.68%
16 Jupiter Staked SOL JUPSOL $123.73
$529.62M
$529.62 million
-1.37%
17 Coinbase Wrapped Staked ETH CBETH $2,794.27
$458.02M
$458.02 million
-2.71%
18 tBTC v2 TBTC $79,619.34
$348.22M
$348.22 million
-1.82%
19 Binance-Peg XRP Token XRP $1.41
$316.38M
$316.38 million
-2.81%
20 Marinade staked SOL MSOL $143.63
$243.06M
$243.06 million
-1.43%
21 Wrapped BTC (Wormhole) WBTC $79,542.37
$197.42M
$197.42 million
-1.84%
22 Coinbase Wrapped XRP CBXRP $1.41
$172.59M
$172.59 million
-2.98%
23 Bitcoin Avalanche Bridged BTC.b $79,630.49
$156.67M
$156.67 million
-1.88%
24 Wrapped Solana SOL $102.39
$153.64M
$153.64 million
-1.58%
25 Wrapped AVAX WAVAX $7.49
$150.56M
$150.56 million
-0.09%
26 Robinhood Wrapped ETH (Robinhood Chain) WETH $2,454.10
$72.85M
$72.85 million
-2.84%
27 Wrapped Centrifuge CFG $0.102
$58.85M
$58.85 million
-1.12%
28 Wrapped Matic WMATIC $0.0944
$24.75M
$24.75 million
+0.57%
29 Bridged Tether USD USDT $1.00
$23.44M
$23.44 million
+0.10%
30 Binance Beacon ETH BETH $2,451.14
$10.88M
$10.88 million
-2.81%
31 Axelar Wrapped USDC AXLUSDC $1.000
$2.36M
$2.36 million
+0.03%
32 Wrapped Ether (Wormhole) WETH $2,454.83
$617,732
$617,732
-2.64%

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

33 Wrapped eETH weETH $2,711.70
$5.22B
$5.22 billion
-2.50%
34 Ethena Staked USDe sUSDe $1.25
$3.88B
$3.88 billion
-0.04%
35 Wrapped TRON WTRX $0.333
$1.40B
$1.40 billion
+1.25%
36 Binance Staked SOL BNSOL $115.67
$1.06B
$1.06 billion
-1.69%
37 Mantle Staked Ether METH $2,693.84
$578.74M
$578.74 million
-2.71%
38 Solv BTC SOLVBTC $79,542.34
$512.16M
$512.16 million
-1.86%
39 BybitSOL BBSOL $119.67
$126.70M
$126.70 million
-1.71%
40 Wrapped TAO WTAO $235.48
$27.61M
$27.61 million
+2.89%
41 Wrapped NXM WNXM $59.05
$23.55M
$23.55 million
-8.55%
42 renBTC RENBTC $22,563.59
$7.22M
$7.22 million
-2.20%
43 Wrapped NCG WNCG $0.00436
$1.74M
$1.74 million
-0.18%
44 ckETH ckETH $2,454.32
$1.52M
$1.52 million
-2.67%
45 USD Coin Bridged USDCE $1.000
$772.13M
$772.13 million
+0.01%
46 USDC (Avalance) USDC $1.000
$392.64M
$392.64 million
-0.02%
47 Gate Wrapped BTC GTBTC $79,919.74
$275.58M
$275.58 million
-1.88%
48 Binance Wrapped BTC BBTC $79,692.98
$231.11M
$231.11 million
-1.46%
49 TRON peg TRX $0.319
$95.39M
$95.39 million
+0.17%
50 Kelp DAO Wrapped rsETH WRSETH $2,624.21
$82.43M
$82.43 million
-2.78%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Wrapped BNB WBNB $752.53
$1.33B
$1.33 billion
+4.03%
Wrapped Matic WMATIC $0.0944
$24.75M
$24.75 million
+0.57%
Bridged Tether USD USDT $1.00
$23.44M
$23.44 million
+0.10%
Axelar Wrapped USDC AXLUSDC $1.000
$2.36M
$2.36 million
+0.03%
USDC (BASE) USDC $1.000
$4.25B
$4.25 billion
+0.02%
All Gainers

Market Cap

$-- --%
Pro Chart

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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