Wrapped coins

222 coins #19

Wrapped tokens are digital versions of assets like cryptocurrencies and gold on the blockchain, allowing direct and secure trading. More

Download
# Coins Live Price Market cap 24h
1 Lido Staked Ether stETH $ 1,770.98
$ 15.75B
$ 15.75 billion
-4.61%
2 Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.98B
$ 8.98 billion
-0.26%
3 Wrapped BTC WBTC $ 63,769.86
$ 8.76B
$ 8.76 billion
-4.32%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,191.54
$ 7.66B
$ 7.66 billion
-4.47%
5 Wrapped Ether WETH $ 1,769.27
$ 4.71B
$ 4.71 billion
-4.56%
6 Wrapped eETH weETH $ 1,942.27
$ 3.06B
$ 3.06 billion
-4.52%
7 Coinbase Wrapped BTC CBBTC $ 63,906.12
$ 2.79B
$ 2.79 billion
-4.33%
8 Bitcoin BEP2 BTCB $ 63,850.26
$ 2.70B
$ 2.70 billion
-4.50%
9 Wrapped BNB WBNB $ 602.96
$ 1.04B
$ 1.04 billion
-5.31%
10 Binance Staked SOL BNSOL $ 77.59
$ 772.32M
$ 772.32 million
-6.26%
11 Rocket Pool ETH RETH $ 2,071.51
$ 689.56M
$ 689.56 million
-4.36%
12 Lombard Staked Bitcoin LBTC $ 64,239.97
$ 680.02M
$ 680.02 million
-4.20%
13 Jito Staked SOL JITOSOL $ 89.49
$ 679.71M
$ 679.71 million
-6.16%
14 Mantle Staked Ether METH $ 1,942.84
$ 408.15M
$ 408.15 million
-4.42%
15 tBTC v2 TBTC $ 63,929.51
$ 307.21M
$ 307.21 million
-4.32%
16 Binance-Peg XRP Token XRP $ 1.17
$ 266.25M
$ 266.25 million
-4.60%
17 Bitcoin Avalanche Bridged BTC.b $ 63,905.00
$ 245.75M
$ 245.75 million
-4.33%
18 Coinbase Wrapped Staked ETH CBETH $ 2,000.51
$ 233.85M
$ 233.85 million
-4.71%
19 Marinade staked SOL MSOL $ 96.54
$ 223.85M
$ 223.85 million
-6.63%
20 Wrapped Centrifuge CFG $ 0.237
$ 137.25M
$ 137.25 million
-11.14%
21 Wrapped AVAX WAVAX $ 7.75
$ 125.15M
$ 125.15 million
-6.28%
22 Wrapped Solana SOL $ 69.70
$ 104.79M
$ 104.79 million
-6.29%
23 Coinbase Wrapped XRP CBXRP $ 1.17
$ 95.92M
$ 95.92 million
-4.71%
24 Wrapped Matic WMATIC $ 0.0905
$ 12.87M
$ 12.87 million
-3.48%
25 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
-0.05%
26 Wrapped NCG WNCG $ 0.00598
$ 1.92M
$ 1.92 million
-4.80%

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

27 Ethena Staked USDe sUSDe $ 3.38
$ 10.53B
$ 10.53 billion
+0.03%
28 Wrapped TRON WTRX $ 0.329
$ 1.30B
$ 1.30 billion
-1.25%
29 Solv BTC SOLVBTC $ 64,070.46
$ 405.07M
$ 405.07 million
-4.08%
30 Jupiter Staked SOL JUPSOL $ 83.09
$ 356.35M
$ 356.35 million
-6.22%
31 BybitSOL BBSOL $ 80.25
$ 92.52M
$ 92.52 million
-6.15%
32 Wrapped TAO WTAO $ 216.74
$ 23.23M
$ 23.23 million
-6.06%
33 Wrapped NXM WNXM $ 46.64
$ 19.96M
$ 19.96 million
-4.62%
34 ckBTC ckBTC $ 63,411.25
$ 12.20M
$ 12.20 million
-6.47%
35 renBTC RENBTC $ 13,674.34
$ 4.16M
$ 4.16 million
-12.02%
36 ckUSDC CKUSDC $ 1.03
$ 2.11M
$ 2.11 million
+0.92%
37 ckETH ckETH $ 1,796.74
$ 1.11M
$ 1.11 million
-6.48%
38 ckOCT CKOCT $ 0.00653
$ 115.68T
$ 115.68 trillion
+5.38%
39 Wrapped DOGE WDOGE $ 0.0879
$ 11.35B
$ 11.35 billion
-4.68%
40 Wrapped BTC (BitGo) WBTC $ 63,804.51
$ 7.43B
$ 7.43 billion
-4.45%
41 USDC (BASE) USDC $ 0.999
$ 4.33B
$ 4.33 billion
+0.05%
42 Wrapped Binance Beacon ETH WBETH $ 1,943.03
$ 2.41B
$ 2.41 billion
-4.70%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
-0.18%
44 USDC (Avalance) USDC $ 0.999
$ 720.40M
$ 720.40 million
-0.24%
45 Wrapped BTC (Wormhole) WBTC $ 63,864.00
$ 192.22M
$ 192.22 million
-4.32%
46 Binance Wrapped BTC BBTC $ 63,844.58
$ 185.15M
$ 185.15 million
-4.41%
47 Gate Wrapped BTC GTBTC $ 64,106.36
$ 147.42M
$ 147.42 million
-4.46%
48 TRON peg TRX $ 0.329
$ 98.14M
$ 98.14 million
-1.34%
49 Wrapped Fantom WFTM $ 0.0444
$ 97.00M
$ 97.00 million
-3.07%
50 Kelp DAO Wrapped rsETH WRSETH $ 1,889.18
$ 59.34M
$ 59.34 million
-4.80%
Download

Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
-0.05%
Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.98B
$ 8.98 billion
-0.26%
Wrapped Matic WMATIC $ 0.0905
$ 12.87M
$ 12.87 million
-3.48%
Lombard Staked Bitcoin LBTC $ 64,239.97
$ 680.02M
$ 680.02 million
-4.20%
tBTC v2 TBTC $ 63,929.51
$ 307.21M
$ 307.21 million
-4.32%
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