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Wrapped coins

254 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
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1 Lido Staked Ether stETH $2,528.75
$24.46B
$24.46 billion
+3.41%
2 Wrapped liquid staked Ether 2.0 wstETH $3,111.08
$11.49B
$11.49 billion
+2.33%
3 Wrapped BTC WBTC $84,413.12
$10.73B
$10.73 billion
+2.38%
4 Binance-Peg BSC-USD BSC-USD $1.00
$9.16B
$9.16 billion
-0.25%
5 Coinbase Wrapped BTC CBBTC $84,517.63
$7.77B
$7.77 billion
+2.32%
6 Wrapped Ether WETH $2,496.74
$5.54B
$5.54 billion
+2.35%
7 Wrapped eETH weETH $2,754.75
$5.47B
$5.47 billion
+2.26%
8 Wrapped Binance Beacon ETH WBETH $2,767.87
$5.16B
$5.16 billion
+2.33%
9 USDC (BASE) USDC $1.00
$4.30B
$4.30 billion
-0.01%
10 Bitcoin BEP2 BTCB $84,544.66
$4.01B
$4.01 billion
+2.32%
11 Binance-Peg USD Coin (BNB Smart Chain) USDC $1.000
$1.59B
$1.59 billion
+0.04%
12 Ethena Staked USDe sUSDe $1.25
$1.20B
$1.20 billion
-0.23%
13 Wrapped BNB WBNB $749.29
$1.16B
$1.16 billion
+1.35%
14 Jito Staked SOL JITOSOL $141.33
$1.13B
$1.13 billion
+1.95%
15 Syrup USDC SYRUPUSDC $1.19
$1.12B
$1.12 billion
-0.01%
16 Lombard Staked Bitcoin LBTC $84,473.78
$611.75M
$611.75 million
+2.31%
17 Jupiter Staked SOL JUPSOL $131.27
$566.94M
$566.94 million
+2.18%
18 Coinbase Wrapped Staked ETH CBETH $2,850.45
$479.16M
$479.16 million
+2.29%
19 tBTC v2 TBTC $84,476.21
$345.42M
$345.42 million
+2.35%
20 Binance-Peg XRP Token XRP $1.39
$317.27M
$317.27 million
+4.59%
21 Marinade staked SOL MSOL $152.67
$244.32M
$244.32 million
+2.02%
22 Wrapped BTC (Wormhole) WBTC $84,371.89
$208.25M
$208.25 million
+2.29%
23 Coinbase Wrapped XRP CBXRP $1.39
$202.90M
$202.90 million
+4.61%
24 Wrapped AVAX WAVAX $9.86
$173.48M
$173.48 million
+2.22%
25 Bitcoin Avalanche Bridged BTC.b $84,477.05
$167.12M
$167.12 million
+2.36%
26 Wrapped Solana SOL $108.28
$162.35M
$162.35 million
+1.97%
27 OmniBridge Bridged Zcash (Solana) ZEC $1,353.55
$137.53M
$137.53 million
+11.94%
28 Binance-Peg Cardano Token ADA $0.228
$103.20M
$103.20 million
+3.03%
29 Robinhood Wrapped ETH (Robinhood Chain) WETH $2,492.51
$86.55M
$86.55 million
+2.14%
30 Wrapped Centrifuge CFG $0.124
$71.37M
$71.37 million
+2.24%
31 Binance-Peg Litecoin LTC $61.95
$46.15M
$46.15 million
+2.19%
32 Bridged Tether USD USDT $0.999
$29.51M
$29.51 million
+0.02%
33 Binance-Peg Polkadot Token DOT $1.17
$18.78M
$18.78 million
+1.03%
34 Solana Bridged TRX (Solana) TRX $0.332
$16.60M
$16.60 million
+0.30%
35 Wrapped Matic WMATIC $0.0962
$15.72M
$15.72 million
+1.10%
36 Coinbase Wrapped ADA cbADA $0.228
$13.08M
$13.08 million
+3.02%
37 Binance Beacon ETH BETH $2,492.72
$11.06M
$11.06 million
+2.17%
38 Coinbase Wrapped LTC cbLTC $61.93
$5.34M
$5.34 million
+2.33%
39 Axelar Wrapped USDC AXLUSDC $1.00
$2.36M
$2.36 million
-0.02%
40 Wrapped Ether (Wormhole) WETH $2,495.34
$617,108
$617,108
+2.25%

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

41 USD₮0 USD₮0 $1.000
$3.13B
$3.13 billion
-0.03%
42 Wrapped TRON WTRX $0.332
$1.38B
$1.38 billion
+0.30%
43 Binance Staked SOL BNSOL $123.02
$1.14B
$1.14 billion
+2.60%
44 Rocket Pool ETH RETH $2,932.85
$907.96M
$907.96 million
+2.48%
45 Mantle Staked Ether METH $2,746.32
$585.06M
$585.06 million
+2.24%
46 Solv BTC SOLVBTC $84,271.43
$534.63M
$534.63 million
+2.16%
47 Binance-Peg Dogecoin Token DOGE $0.0829
$212.46M
$212.46 million
+1.63%
48 BybitSOL BBSOL $127.12
$154.61M
$154.61 million
+1.71%
49 Wormhole Bridged HYPE HYPE $81.75
$57.40M
$57.40 million
+2.56%
50 Wrapped CRO WCRO $0.0588
$41.18M
$41.18 million
+2.84%
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Trending Wrapped coins

Top Gainers

Coins Live Price Market cap 24h
OmniBridge Bridged Zcash (Solana) ZEC $1,353.55
$137.53M
$137.53 million
+11.94%
Coinbase Wrapped XRP CBXRP $1.39
$202.90M
$202.90 million
+4.61%
Binance-Peg XRP Token XRP $1.39
$317.27M
$317.27 million
+4.59%
Lido Staked Ether stETH $2,528.75
$24.46B
$24.46 billion
+3.41%
Binance-Peg Cardano Token ADA $0.228
$103.20M
$103.20 million
+3.03%
All Gainers

Market Cap

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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.

Useful / Related Links