Wrapped coins

189 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 ckOCT CKOCT $ 0.0339
$ 600.85T
$ 600.85 trillion
+5.57%
2 Wrapped DOGE WDOGE $ 0.152
$ 19.61B
$ 19.61 billion
+5.05%
3 Wrapped BTC WBTC $ 93,065.35
$ 12.78B
$ 12.78 billion
+2.29%
4 Wrapped liquid staked Ether 2.0 wstETH $ 3,916.70
$ 12.50B
$ 12.50 billion
+1.63%
5 Wrapped eETH weETH $ 3,456.22
$ 9.83B
$ 9.83 billion
+1.17%
6 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
-0.01%
7 Wrapped Ether WETH $ 3,209.11
$ 8.53B
$ 8.53 billion
+1.92%
8 Wrapped Binance Beacon ETH WBETH $ 3,486.92
$ 4.89B
$ 4.89 billion
+2.09%
9 USDC (BASE) USDC $ 0.998
$ 4.40B
$ 4.40 billion
-0.11%
10 Coinbase Wrapped BTC CBBTC $ 92,925.68
$ 3.90B
$ 3.90 billion
+2.01%
11 Wrapped TRON WTRX $ 0.295
$ 3.77B
$ 3.77 billion
-0.23%
12 Bitcoin BEP2 BTCB $ 93,049.18
$ 3.64B
$ 3.64 billion
+2.15%
13 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.995
$ 1.28B
$ 1.28 billion
-0.60%
14 Wrapped BNB WBNB $ 905.37
$ 1.28B
$ 1.28 billion
+2.74%
15 USDC (Avalance) USDC $ 1.000
$ 721.23M
$ 721.23 million
-0.08%
16 tBTC v2 TBTC $ 92,669.46
$ 547.94M
$ 547.94 million
+1.76%
17 Wrapped BTC (Wormhole) WBTC $ 92,690.29
$ 370.51M
$ 370.51 million
+1.96%
18 Wrapped AVAX WAVAX $ 14.38
$ 254.62M
$ 254.62 million
+2.71%
19 Gate Wrapped BTC GTBTC $ 93,383.37
$ 214.73M
$ 214.73 million
+2.33%
20 Kelp DAO Wrapped rsETH WRSETH $ 3,382.74
$ 106.26M
$ 106.26 million
+1.07%
21 TRON peg TRX $ 0.294
$ 87.78M
$ 87.78 million
+0.17%
22 Wrapped Centrifuge CFG $ 0.127
$ 73.04M
$ 73.04 million
+1.24%
23 Binance-Peg Bitcoin Cash Token BCH $ 643.95
$ 62.14M
$ 62.14 million
-0.86%
24 Wrapped DAG WDAG $ 0.0124
$ 46.06M
$ 46.06 million
+7.69%
25 Coinbase Wrapped XRP CBXRP $ 2.13
$ 45.41M
$ 45.41 million
+4.55%
26 ckBTC ckBTC $ 94,317.37
$ 44.52M
$ 44.52 million
+2.48%
27 ETH by Sui Bridge ETH $ 3,194.83
$ 42.27M
$ 42.27 million
+1.42%
28 Wrapped BTC WBTC.E $ 92,505.65
$ 40.52M
$ 40.52 million
+1.14%
29 Wrapped XRP WXRP $ 2.14
$ 38.46M
$ 38.46 million
+7.85%
30 Wrapped NXM WNXM $ 78.93
$ 38.16M
$ 38.16 million
+2.61%
31 Wrapped TAO WTAO $ 278.08
$ 32.93M
$ 32.93 million
+6.53%
32 DETH DETH $ 3,202.96
$ 31.24M
$ 31.24 million
+1.00%
33 Wrapped Axelar WAXL $ 0.0784
$ 20.20M
$ 20.20 million
+3.65%
34 Wrapped Matic WMATIC $ 0.124
$ 17.59M
$ 17.59 million
+6.04%
35 Wrapped QUIL wQUIL $ 0.0155
$ 14.01M
$ 14.01 million
+3.49%
36 Wrapped FRAX WFRAX $ 0.661
$ 12.21M
$ 12.21 million
+0.25%
37 iShares Gold Trust (Ondo Tokenized) IAUon $ 82.90
$ 9.99M
$ 9.99 million
+1.63%
38 Coinbase Wrapped DOGE CBDOGE $ 0.152
$ 5.47M
$ 5.47 million
+4.60%
39 Tesla tokenized stock (xStock) TSLAX $ 446.05
$ 4.91M
$ 4.91 million
+0.99%
40 Wrapped Cardano WADA $ 0.403
$ 4.82M
$ 4.82 million
+2.17%
41 Wrapped WDOGE WWDOGE $ 0.158
$ 4.37M
$ 4.37 million
-0.00%
42 Solana (Universal) USOL $ 134.84
$ 4.09M
$ 4.09 million
+1.73%
43 Coinbase Wrapped LTC cbLTC $ 83.24
$ 3.94M
$ 3.94 million
+1.12%
44 XRP (Universal) UXRP $ 2.13
$ 3.88M
$ 3.88 million
+4.31%
45 OKX Wrapped BTC XBTC $ 92,887.65
$ 3.62M
$ 3.62 million
+2.09%
46 ckUSDT CKUSDT $ 1.00
$ 3.61M
$ 3.61 million
-0.39%
47 Wrapped NCG WNCG $ 0.00917
$ 2.94M
$ 2.94 million
-10.35%
48 Bridged USDT (Sonic Labs) USDT $ 1.000
$ 2.71M
$ 2.71 million
+0.01%
49 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.51M
$ 2.51 million
+0.10%
50 HBAR HBAR $ 0.127
$ 2.34M
$ 2.34 million
+4.86%
Download

Trending Wrapped coins

Top gainers
Coins Price Market cap 24h
Coinbase Wrapped XRP CBXRP $ 2.13
$ 45.41M
$ 45.41 million
+4.55%
Wrapped Rose wROSE $ --
$ --
$ --
--%
OX Coin (Wormhole) OX $ --
$ --
$ --
--%
BSC Wrapped Wagerr WGR $ --
$ --
$ --
--%
Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ --
$ --
$ --
--%
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