Wrapped coins

189 coins #20

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 Price Market cap 24h
1 ckOCT CKOCT $ 0.0205
$ 363.27T
$ 363.27 trillion
-4.10%
2 Wrapped DOGE WDOGE $ 0.130
$ 16.84B
$ 16.84 billion
-1.78%
3 Wrapped liquid staked Ether 2.0 wstETH $ 3,670.12
$ 12.26B
$ 12.26 billion
+1.07%
4 Wrapped BTC WBTC $ 88,226.09
$ 12.13B
$ 12.13 billion
+0.48%
5 Wrapped eETH weETH $ 3,295.58
$ 8.99B
$ 8.99 billion
+2.42%
6 Binance-Peg BSC-USD BSC-USD $ 0.996
$ 8.95B
$ 8.95 billion
-0.41%
7 Wrapped Ether WETH $ 3,004.60
$ 7.95B
$ 7.95 billion
+1.23%
8 Wrapped Binance Beacon ETH WBETH $ 3,264.78
$ 4.58B
$ 4.58 billion
+1.25%
9 USDC (BASE) USDC $ 1.00
$ 4.42B
$ 4.42 billion
+0.03%
10 Coinbase Wrapped BTC CBBTC $ 88,417.96
$ 3.71B
$ 3.71 billion
+0.48%
11 Wrapped TRON WTRX $ 0.288
$ 3.69B
$ 3.69 billion
+2.02%
12 Bitcoin BEP2 BTCB $ 88,142.21
$ 3.46B
$ 3.46 billion
+0.14%
13 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.998
$ 1.29B
$ 1.29 billion
-0.30%
14 Wrapped BNB WBNB $ 857.13
$ 1.16B
$ 1.16 billion
+0.84%
15 USDC (Avalance) USDC $ 1.00
$ 722.31M
$ 722.31 million
+0.02%
16 tBTC v2 TBTC $ 88,147.67
$ 537.38M
$ 537.38 million
+0.38%
17 Wrapped BTC (Wormhole) WBTC $ 88,201.37
$ 351.68M
$ 351.68 million
+0.52%
18 Binance Wrapped BTC BBTC $ 88,746.03
$ 257.36M
$ 257.36 million
+0.73%
19 Wrapped AVAX WAVAX $ 12.10
$ 214.34M
$ 214.34 million
-0.17%
20 Gate Wrapped BTC GTBTC $ 88,667.62
$ 203.90M
$ 203.90 million
+0.58%
21 Kelp DAO Wrapped rsETH WRSETH $ 3,177.54
$ 99.81M
$ 99.81 million
+0.92%
22 TRON peg TRX $ 0.288
$ 86.06M
$ 86.06 million
+2.42%
23 Wrapped Centrifuge CFG $ 0.127
$ 72.80M
$ 72.80 million
-0.20%
24 Binance-Peg Bitcoin Cash Token BCH $ 578.29
$ 55.81M
$ 55.81 million
-3.19%
25 ETH by Sui Bridge ETH $ 2,999.95
$ 43.43M
$ 43.43 million
+1.27%
26 ckBTC ckBTC $ 89,430.06
$ 42.21M
$ 42.21 million
+0.96%
27 Wrapped BTC WBTC.E $ 88,055.94
$ 38.57M
$ 38.57 million
+0.55%
28 Coinbase Wrapped XRP CBXRP $ 1.92
$ 37.46M
$ 37.46 million
-0.42%
29 Wrapped NXM WNXM $ 72.90
$ 35.63M
$ 35.63 million
-0.22%
30 Wrapped XRP WXRP $ 1.95
$ 35.02M
$ 35.02 million
+0.91%
31 DETH DETH $ 3,009.71
$ 27.95M
$ 27.95 million
+0.76%
32 Wrapped TAO WTAO $ 224.21
$ 25.39M
$ 25.39 million
-0.50%
33 Wrapped Axelar WAXL $ 0.0816
$ 19.21M
$ 19.21 million
-5.11%
34 Wrapped Matic WMATIC $ 0.107
$ 15.23M
$ 15.23 million
-1.67%
35 Wrapped QUIL wQUIL $ 0.0145
$ 13.07M
$ 13.07 million
+0.16%
36 Wrapped FRAX WFRAX $ 0.621
$ 11.47M
$ 11.47 million
-0.78%
37 iShares Gold Trust (Ondo Tokenized) IAUon $ 82.51
$ 9.89M
$ 9.89 million
+1.12%
38 Tesla tokenized stock (xStock) TSLAX $ 487.73
$ 5.37M
$ 5.37 million
+0.98%
39 Wrapped WDOGE WWDOGE $ 0.163
$ 4.52M
$ 4.52 million
+0.00%
40 Wrapped Cardano WADA $ 0.366
$ 4.38M
$ 4.38 million
-1.57%
41 Solana (Universal) USOL $ 126.13
$ 3.84M
$ 3.84 million
+0.85%
42 SPUSD SPUSD $ 1.00
$ 3.63M
$ 3.63 million
+0.31%
43 XRP (Universal) UXRP $ 1.91
$ 3.48M
$ 3.48 million
-0.97%
44 ckUSDT CKUSDT $ 0.990
$ 3.45M
$ 3.45 million
+0.35%
45 OKX Wrapped BTC XBTC $ 88,330.60
$ 3.44M
$ 3.44 million
+0.42%
46 Coinbase Wrapped DOGE CBDOGE $ 0.131
$ 3.34M
$ 3.34 million
+0.17%
47 Bridged USDT (Sonic Labs) USDT $ 1.000
$ 2.71M
$ 2.71 million
-0.01%
48 Axelar Wrapped USDC AXLUSDC $ 0.999
$ 2.56M
$ 2.56 million
-0.02%
49 Coinbase Wrapped LTC cbLTC $ 76.75
$ 2.37M
$ 2.37 million
-0.83%
50 Wrapped NCG WNCG $ 0.00741
$ 2.32M
$ 2.32 million
+3.11%
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Trending Wrapped coins

Top gainers
Coins Price Market cap 24h
USDC (Avalance) USDC $ 1.00
$ 722.31M
$ 722.31 million
+0.02%
Crosschain IOTX CIOTX $ --
$ --
$ --
--%
Wrapped ZCore WZCR $ --
$ --
$ --
--%
Wrapped Zeta WZETA $ --
$ --
$ --
--%
ckUNI CKUNI $ 7.10
$ 266
$ 266
-9.47%
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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