Wrapped coins 3 coins
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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 Lido Staked Ether stETH $ 2,019.86 $ 17.81B
$ 17.81 billion +4.99% 2 Wrapped BTC WBTC $ 67,259.76 $ 9.24B
$ 9.24 billion +2.62% 3 Binance-Peg BSC-USD BSC-USD $ 1.000 $ 8.98B
$ 8.98 billion +0.05% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,471.65 $ 7.89B
$ 7.89 billion +4.73% 5 Wrapped eETH weETH $ 2,197.80 $ 6.25B
$ 6.25 billion +4.82% 6 Wrapped Ether WETH $ 2,020.97 $ 5.37B
$ 5.37 billion +4.82% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.80B
$ 3.80 billion -0.03% 8 Coinbase Wrapped BTC CBBTC $ 67,414.20 $ 2.96B
$ 2.96 billion +2.53% 9 Bitcoin BEP2 BTCB $ 67,491.61 $ 2.63B
$ 2.63 billion +2.90% 10 Jito Staked SOL JITOSOL $ 110.89 $ 1.25B
$ 1.25 billion +7.50% 11 Wrapped BNB WBNB $ 630.38 $ 888.53M
$ 888.53 million +2.96% 12 Lombard Staked Bitcoin LBTC $ 67,508.55 $ 713.65M
$ 713.65 million +2.12% 13 Mantle Staked Ether METH $ 2,183.68 $ 464.94M
$ 464.94 million +4.53% 14 tBTC v2 TBTC $ 67,107.06 $ 396.80M
$ 396.80 million +1.75% 15 Binance-Peg XRP Token XRP $ 1.41 $ 346.89M
$ 346.89 million +4.43% 16 Marinade staked SOL MSOL $ 119.43 $ 302.22M
$ 302.22 million +7.46% 17 Coinbase Wrapped Staked ETH CBETH $ 2,267.45 $ 284.82M
$ 284.82 million +4.74% 18 Wrapped Solana SOL $ 87.91 $ 164.31M
$ 164.31 million +7.64% 19 Wrapped AVAX WAVAX $ 9.29 $ 153.64M
$ 153.64 million +3.40% 20 BybitSOL BBSOL $ 99.90 $ 118.46M
$ 118.46 million +7.71% 21 Wrapped Centrifuge CFG $ 0.146 $ 82.04M
$ 82.04 million +34.92% 22 Coinbase Wrapped XRP CBXRP $ 1.41 $ 30.03M
$ 30.03 million +4.02% 23 Wrapped Matic WMATIC $ 0.111 $ 15.73M
$ 15.73 million +3.30% 24 Axelar Wrapped USDC AXLUSDC $ 1.000 $ 2.55M
$ 2.55 million -0.03% 25 Wrapped NCG WNCG $ 0.00542 $ 1.74M
$ 1.74 million -3.18%
The coins below are ranked lower due to missing data.
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26 Wrapped TRON WTRX $ 0.282 $ 3.61B
$ 3.61 billion -0.17% 27 Binance Staked SOL BNSOL $ 96.45 $ 946.19M
$ 946.19 million +7.34% 28 Rocket Pool ETH RETH $ 2,334.88 $ 837.75M
$ 837.75 million +4.63% 29 Jupiter Staked SOL JUPSOL $ 102.87 $ 430.11M
$ 430.11 million +7.36% 30 Solv BTC SOLVBTC $ 67,314.11 $ 428.25M
$ 428.25 million +2.75% 31 Bitcoin Avalanche Bridged BTC.b $ 67,456.76 $ 259.28M
$ 259.28 million +2.96% 32 ckBTC ckBTC $ 69,151.69 $ 32.64M
$ 32.64 million +5.14% 33 Wrapped NXM WNXM $ 51.01 $ 24.66M
$ 24.66 million +3.95% 34 Wrapped TAO WTAO $ 182.68 $ 21.63M
$ 21.63 million +7.49% 35 ckUSDC CKUSDC $ 1.09 $ 2.03M
$ 2.03 million +9.77% 36 ckETH ckETH $ 2,027.98 $ 1.25M
$ 1.25 million +5.32% 37 renBTC RENBTC $ 3,138.68 $ 955,722
$ 955,722 +2.08% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,374.95 $ 39.12T
$ 39.12 trillion -14.58% 39 Wrapped DOGE WDOGE $ 0.110 $ 14.11B
$ 14.11 billion +0.10% 40 USDC (BASE) USDC $ 1.000 $ 4.34B
$ 4.34 billion +2.26% 41 Wrapped Binance Beacon ETH WBETH $ 2,203.51 $ 2.87B
$ 2.87 billion +5.03% 42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.000 $ 1.29B
$ 1.29 billion +0.02% 43 USDC (Avalance) USDC $ 1.00 $ 721.62M
$ 721.62 million -0.08% 44 Wrapped BTC (Wormhole) WBTC $ 67,224.00 $ 268.72M
$ 268.72 million +2.58% 45 Binance Wrapped BTC BBTC $ 67,338.90 $ 195.28M
$ 195.28 million +2.58% 46 Gate Wrapped BTC GTBTC $ 67,799.34 $ 155.91M
$ 155.91 million +2.92% 47 TRON peg TRX $ 0.283 $ 84.40M
$ 84.40 million -0.07% 48 Kelp DAO Wrapped rsETH WRSETH $ 2,169.65 $ 68.15M
$ 68.15 million +6.61% 49 Binance-Peg Bitcoin Cash Token BCH $ 461.18 $ 44.50M
$ 44.50 million -0.34% 50 Wrapped BTC WBTC.E $ 67,431.52 $ 29.54M
$ 29.54 million +3.44%
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
Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
Custody locks the asset in a multi-sig or MPC vault; emits event.
Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
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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