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 $ 2,092.51 $ 18.45B
$ 18.45 billion -0.61% 2 Wrapped BTC WBTC $ 70,651.90 $ 9.71B
$ 9.71 billion -0.43% 3 Binance-Peg BSC-USD BSC-USD $ 1.000 $ 8.98B
$ 8.98 billion -0.02% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,571.63 $ 8.21B
$ 8.21 billion -0.71% 5 Wrapped eETH weETH $ 2,279.93 $ 6.48B
$ 6.48 billion -0.67% 6 Wrapped Ether WETH $ 2,093.09 $ 5.57B
$ 5.57 billion -0.64% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.81B
$ 3.81 billion +0.04% 8 Coinbase Wrapped BTC CBBTC $ 70,852.38 $ 3.11B
$ 3.11 billion -0.46% 9 Bitcoin BEP2 BTCB $ 70,831.31 $ 2.98B
$ 2.98 billion -0.50% 10 Jito Staked SOL JITOSOL $ 111.72 $ 1.26B
$ 1.26 billion -1.09% 11 Binance Staked SOL BNSOL $ 97.24 $ 953.28M
$ 953.28 million -1.07% 12 Wrapped BNB WBNB $ 655.40 $ 923.61M
$ 923.61 million -0.55% 13 Rocket Pool ETH RETH $ 2,425.71 $ 870.55M
$ 870.55 million -0.88% 14 Lombard Staked Bitcoin LBTC $ 70,956.50 $ 752.94M
$ 752.94 million -1.18% 15 Mantle Staked Ether METH $ 2,269.95 $ 483.32M
$ 483.32 million -2.19% 16 Solv BTC SOLVBTC $ 70,705.57 $ 454.38M
$ 454.38 million -0.62% 17 tBTC v2 TBTC $ 70,738.95 $ 418.27M
$ 418.27 million -0.44% 18 Binance-Peg XRP Token XRP $ 1.40 $ 343.08M
$ 343.08 million -0.08% 19 Coinbase Wrapped Staked ETH CBETH $ 2,354.98 $ 296.11M
$ 296.11 million -0.59% 20 Bitcoin Avalanche Bridged BTC.b $ 70,778.74 $ 272.07M
$ 272.07 million -0.91% 21 Marinade staked SOL MSOL $ 120.28 $ 250.66M
$ 250.66 million -1.03% 22 Wrapped Solana SOL $ 88.24 $ 164.93M
$ 164.93 million -1.06% 23 Wrapped AVAX WAVAX $ 9.70 $ 136.82M
$ 136.82 million -2.59% 24 BybitSOL BBSOL $ 99.61 $ 116.54M
$ 116.54 million -1.87% 25 Wrapped Centrifuge CFG $ 0.122 $ 70.21M
$ 70.21 million -2.78% 26 Coinbase Wrapped XRP CBXRP $ 1.39 $ 29.67M
$ 29.67 million -0.75% 27 Wrapped NXM WNXM $ 54.33 $ 26.27M
$ 26.27 million +0.74% 28 Wrapped Matic WMATIC $ 0.0962 $ 13.69M
$ 13.69 million -3.01% 29 Axelar Wrapped USDC AXLUSDC $ 1.000 $ 2.55M
$ 2.55 million -0.02% 30 Wrapped NCG WNCG $ 0.00543 $ 1.74M
$ 1.74 million +1.22%
The coins below are ranked lower due to missing data.
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31 Jupiter Staked SOL JUPSOL $ 103.50 $ 376.79M
$ 376.79 million -1.40% 32 ckBTC ckBTC $ 71,095.61 $ 33.56M
$ 33.56 million +0.13% 33 Wrapped TAO WTAO $ 239.51 $ 28.36M
$ 28.36 million +3.32% 34 ckUSDC CKUSDC $ 1.00 $ 1.86M
$ 1.86 million +0.20% 35 ckETH ckETH $ 2,105.19 $ 1.30M
$ 1.30 million -1.43% 36 renBTC RENBTC $ 4,116.44 $ 1.25M
$ 1.25 million +4.84% 37 ckOCT CKOCT $ 0.00513 $ 90.84T
$ 90.84 trillion +10.06% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,151.40 $ 46.06T
$ 46.06 trillion +1.51% 39 Wrapped BTC (BitGo) WBTC $ 70,677.18 $ 8.46B
$ 8.46 billion -0.70% 40 USDC (BASE) USDC $ 1.00 $ 4.34B
$ 4.34 billion +0.14% 41 Wrapped Binance Beacon ETH WBETH $ 2,286.35 $ 2.98B
$ 2.98 billion -0.56% 42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.000 $ 1.29B
$ 1.29 billion +0.01% 43 USDC (Avalance) USDC $ 0.999 $ 721.04M
$ 721.04 million -0.09% 44 Wrapped BTC (Wormhole) WBTC $ 70,699.38 $ 282.61M
$ 282.61 million -0.56% 45 Binance Wrapped BTC BBTC $ 70,735.92 $ 205.13M
$ 205.13 million -0.99% 46 Gate Wrapped BTC GTBTC $ 71,031.59 $ 163.34M
$ 163.34 million -0.47% 47 TRON peg TRX $ 0.293 $ 87.54M
$ 87.54 million +0.80% 48 Kelp DAO Wrapped rsETH WRSETH $ 2,231.59 $ 70.10M
$ 70.10 million -0.15% 49 Binance-Peg Bitcoin Cash Token BCH $ 462.22 $ 44.60M
$ 44.60 million -1.01% 50 Wrapped BTC WBTC.E $ 70,496.97 $ 30.88M
$ 30.88 million -1.07%
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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