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 $ 1,906.85
$ 16.93B
$ 16.93 billion
-4.58%
2 Wrapped BTC WBTC $ 67,455.85
$ 9.27B
$ 9.27 billion
-5.10%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.04%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,355.58
$ 8.17B
$ 8.17 billion
-4.68%
5 Wrapped Ether WETH $ 1,905.22
$ 5.07B
$ 5.07 billion
-4.57%
6 Wrapped eETH weETH $ 2,089.27
$ 3.33B
$ 3.33 billion
-4.59%
7 Coinbase Wrapped BTC CBBTC $ 67,564.04
$ 2.96B
$ 2.96 billion
-5.06%
8 Bitcoin BEP2 BTCB $ 67,678.08
$ 2.85B
$ 2.85 billion
-4.94%
9 Wrapped BNB WBNB $ 663.48
$ 1.15B
$ 1.15 billion
-4.09%
10 Binance Staked SOL BNSOL $ 84.36
$ 839.20M
$ 839.20 million
-6.36%
11 Rocket Pool ETH RETH $ 2,220.17
$ 739.22M
$ 739.22 million
-4.86%
12 Jito Staked SOL JITOSOL $ 96.98
$ 736.00M
$ 736.00 million
-6.44%
13 Lombard Staked Bitcoin LBTC $ 67,771.82
$ 717.80M
$ 717.80 million
-5.37%
14 Mantle Staked Ether METH $ 2,082.54
$ 431.44M
$ 431.44 million
-4.24%
15 tBTC v2 TBTC $ 67,571.46
$ 326.87M
$ 326.87 million
-5.29%
16 Binance-Peg XRP Token XRP $ 1.22
$ 277.64M
$ 277.64 million
-5.66%
17 Bitcoin Avalanche Bridged BTC.b $ 67,566.93
$ 259.76M
$ 259.76 million
-5.16%
18 Coinbase Wrapped Staked ETH CBETH $ 2,154.09
$ 251.73M
$ 251.73 million
-4.62%
19 Marinade staked SOL MSOL $ 104.46
$ 242.17M
$ 242.17 million
-6.43%
20 Wrapped Centrifuge CFG $ 0.252
$ 145.43M
$ 145.43 million
+2.69%
21 Wrapped AVAX WAVAX $ 8.33
$ 134.42M
$ 134.42 million
-6.38%
22 Wrapped Solana SOL $ 75.77
$ 113.66M
$ 113.66 million
-6.10%
23 Coinbase Wrapped XRP CBXRP $ 1.22
$ 97.20M
$ 97.20 million
-5.90%
24 Wrapped NXM WNXM $ 50.69
$ 21.67M
$ 21.67 million
-2.82%
25 Wrapped Matic WMATIC $ 0.0911
$ 12.96M
$ 12.96 million
-2.93%
26 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
-0.03%
27 Wrapped NCG WNCG $ 0.00654
$ 2.10M
$ 2.10 million
-2.32%

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

28 Ethena Staked USDe sUSDe $ 3.40
$ 10.58B
$ 10.58 billion
+1.45%
29 Wrapped TRON WTRX $ 0.335
$ 1.33B
$ 1.33 billion
-2.75%
30 Solv BTC SOLVBTC $ 67,134.86
$ 424.44M
$ 424.44 million
-6.01%
31 Jupiter Staked SOL JUPSOL $ 89.91
$ 385.61M
$ 385.61 million
-6.71%
32 BybitSOL BBSOL $ 86.97
$ 102.55M
$ 102.55 million
-6.47%
33 Wrapped TAO WTAO $ 236.13
$ 25.30M
$ 25.30 million
-6.75%
34 ckBTC ckBTC $ 67,797.08
$ 13.04M
$ 13.04 million
-4.33%
35 renBTC RENBTC $ 14,335.49
$ 4.37M
$ 4.37 million
-5.47%
36 ckUSDC CKUSDC $ 1.00
$ 2.05M
$ 2.05 million
+0.24%
37 ckETH ckETH $ 1,934.08
$ 1.20M
$ 1.20 million
-2.85%
38 ckOCT CKOCT $ 0.00620
$ 109.78T
$ 109.78 trillion
+5.46%
39 Wrapped DOGE WDOGE $ 0.0936
$ 12.09B
$ 12.09 billion
-5.50%
40 Wrapped BTC (BitGo) WBTC $ 67,122.70
$ 7.82B
$ 7.82 billion
-6.08%
41 USDC (BASE) USDC $ 0.999
$ 4.34B
$ 4.34 billion
-0.30%
42 Wrapped Binance Beacon ETH WBETH $ 2,095.96
$ 2.60B
$ 2.60 billion
-4.63%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
-0.09%
44 USDC (Avalance) USDC $ 0.996
$ 718.08M
$ 718.08 million
-0.32%
45 Wrapped BTC (Wormhole) WBTC $ 67,478.55
$ 203.10M
$ 203.10 million
-5.07%
46 Binance Wrapped BTC BBTC $ 67,356.40
$ 195.33M
$ 195.33 million
-5.91%
47 Gate Wrapped BTC GTBTC $ 67,922.01
$ 156.19M
$ 156.19 million
-4.98%
48 Wrapped Fantom WFTM $ 0.0469
$ 102.54M
$ 102.54 million
-3.02%
49 TRON peg TRX $ 0.336
$ 100.41M
$ 100.41 million
-2.75%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,017.93
$ 63.39M
$ 63.39 million
-5.14%
Download

Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Wrapped Centrifuge CFG $ 0.252
$ 145.43M
$ 145.43 million
+2.69%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.04%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
-0.03%
Wrapped NCG WNCG $ 0.00654
$ 2.10M
$ 2.10 million
-2.32%
Wrapped NXM WNXM $ 50.69
$ 21.67M
$ 21.67 million
-2.82%
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