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

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# Coins Live Price Market cap 24h
1 Lido Staked Ether stETH $ 2,016.34
$ 17.88B
$ 17.88 billion
-2.60%
2 Wrapped BTC WBTC $ 73,994.39
$ 10.16B
$ 10.16 billion
-2.03%
3 Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.99B
$ 8.99 billion
+0.07%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,494.86
$ 8.40B
$ 8.40 billion
-2.50%
5 Wrapped Ether WETH $ 2,016.81
$ 5.36B
$ 5.36 billion
-2.51%
6 Wrapped eETH weETH $ 2,211.07
$ 3.52B
$ 3.52 billion
-2.54%
7 Bitcoin BEP2 BTCB $ 74,255.51
$ 3.13B
$ 3.13 billion
-1.99%
8 Coinbase Wrapped BTC CBBTC $ 74,155.72
$ 3.06B
$ 3.06 billion
-1.97%
9 Wrapped BNB WBNB $ 645.17
$ 1.11B
$ 1.11 billion
-1.48%
10 Jito Staked SOL JITOSOL $ 104.99
$ 833.54M
$ 833.54 million
-1.86%
11 Lombard Staked Bitcoin LBTC $ 74,466.82
$ 788.72M
$ 788.72 million
-2.05%
12 Rocket Pool ETH RETH $ 2,349.01
$ 783.59M
$ 783.59 million
-2.71%
13 Solv BTC SOLVBTC $ 74,251.56
$ 470.34M
$ 470.34 million
-1.97%
14 Mantle Staked Ether METH $ 2,198.96
$ 454.47M
$ 454.47 million
-2.68%
15 tBTC v2 TBTC $ 74,228.51
$ 355.20M
$ 355.20 million
-2.01%
16 Binance-Peg XRP Token XRP $ 1.30
$ 297.36M
$ 297.36 million
-2.29%
17 Bitcoin Avalanche Bridged BTC.b $ 74,136.53
$ 284.96M
$ 284.96 million
-2.15%
18 Coinbase Wrapped Staked ETH CBETH $ 2,278.03
$ 266.22M
$ 266.22 million
-2.63%
19 Marinade staked SOL MSOL $ 113.08
$ 262.22M
$ 262.22 million
-1.63%
20 Wrapped Centrifuge CFG $ 0.302
$ 174.06M
$ 174.06 million
+0.48%
21 Wrapped AVAX WAVAX $ 9.03
$ 145.67M
$ 145.67 million
-1.18%
22 Wrapped Solana SOL $ 82.03
$ 123.04M
$ 123.04 million
-1.85%
23 Wrapped Matic WMATIC $ 0.0902
$ 12.83M
$ 12.83 million
-2.06%
24 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.43M
$ 2.43 million
+0.20%
25 Wrapped NCG WNCG $ 0.00733
$ 2.35M
$ 2.35 million
-11.44%

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

26 Ethena Staked USDe sUSDe $ 3.35
$ 10.44B
$ 10.44 billion
+0.02%
27 Wrapped TRON WTRX $ 0.367
$ 1.46B
$ 1.46 billion
-1.98%
28 Binance Staked SOL BNSOL $ 91.37
$ 908.85M
$ 908.85 million
-2.14%
29 Jupiter Staked SOL JUPSOL $ 97.52
$ 418.22M
$ 418.22 million
-1.94%
30 BybitSOL BBSOL $ 94.68
$ 115.87M
$ 115.87 million
-1.68%
31 Coinbase Wrapped XRP CBXRP $ 1.30
$ 99.09M
$ 99.09 million
-1.98%
32 Wrapped TAO WTAO $ 264.51
$ 28.41M
$ 28.41 million
-5.10%
33 Wrapped NXM WNXM $ 52.88
$ 22.69M
$ 22.69 million
-2.75%
34 ckBTC ckBTC $ 74,795.16
$ 14.39M
$ 14.39 million
-0.15%
35 renBTC RENBTC $ 19,553.75
$ 5.95M
$ 5.95 million
-3.14%
36 ckUSDC CKUSDC $ 0.994
$ 2.03M
$ 2.03 million
-0.13%
37 ckETH ckETH $ 2,015.26
$ 1.25M
$ 1.25 million
-1.90%
38 ckOCT CKOCT $ 0.00599
$ 106.12T
$ 106.12 trillion
-13.67%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,507.72
$ 67.52T
$ 67.52 trillion
-0.43%
40 Wrapped DOGE WDOGE $ 0.0998
$ 12.89B
$ 12.89 billion
-2.60%
41 Wrapped BTC (BitGo) WBTC $ 73,985.74
$ 8.76B
$ 8.76 billion
-2.17%
42 USDC (BASE) USDC $ 0.999
$ 4.34B
$ 4.34 billion
+0.26%
43 Wrapped Binance Beacon ETH WBETH $ 2,215.98
$ 2.75B
$ 2.75 billion
-2.55%
44 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.31%
45 USDC (Avalance) USDC $ 0.999
$ 720.75M
$ 720.75 million
+0.27%
46 Wrapped BTC (Wormhole) WBTC $ 73,915.31
$ 222.48M
$ 222.48 million
-2.01%
47 Binance Wrapped BTC BBTC $ 74,278.14
$ 215.41M
$ 215.41 million
-1.96%
48 Gate Wrapped BTC GTBTC $ 74,479.77
$ 171.27M
$ 171.27 million
-2.11%
49 TRON peg TRX $ 0.367
$ 109.52M
$ 109.52 million
-2.24%
50 Wrapped Fantom WFTM $ 0.0478
$ 104.49M
$ 104.49 million
-1.31%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Wrapped Centrifuge CFG $ 0.302
$ 174.06M
$ 174.06 million
+0.48%
Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.43M
$ 2.43 million
+0.20%
Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.99B
$ 8.99 billion
+0.07%
Wrapped AVAX WAVAX $ 9.03
$ 145.67M
$ 145.67 million
-1.18%
Wrapped BNB WBNB $ 645.17
$ 1.11B
$ 1.11 billion
-1.48%
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.

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