Wrapped coins

210 coins #18 Page 2

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

# Coins Price Market cap 24h

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

51 Binance-Peg Bitcoin Cash Token BCH $ 467.94
$ 45.16M
$ 45.16 million
-1.54%
52 Wrapped BTC WBTC.E $ 69,313.86
$ 30.41M
$ 30.41 million
-2.42%
53 ETH by Sui Bridge ETH $ 2,099.92
$ 24.78M
$ 24.78 million
-3.40%
54 Wrapped XRP WXRP $ 1.36
$ 24.47M
$ 24.47 million
-4.65%
55 Wrapped QUIL wQUIL $ 0.0139
$ 12.50M
$ 12.50 million
-1.67%
56 Wrapped Axelar WAXL $ 0.0482
$ 12.43M
$ 12.43 million
-6.40%
57 Wrapped FRAX WFRAX $ 0.432
$ 7.99M
$ 7.99 million
-5.38%
58 Wrapped WDOGE WWDOGE $ 0.120
$ 3.31M
$ 3.31 million
-0.00%
59 Coinbase Wrapped DOGE CBDOGE $ 0.0917
$ 3.29M
$ 3.29 million
-5.34%
60 ckUSDT CKUSDT $ 0.999
$ 3.29M
$ 3.29 million
-0.05%
61 Wrapped Cardano WADA $ 0.260
$ 3.12M
$ 3.12 million
-3.68%
62 Coinbase Wrapped LTC cbLTC $ 54.83
$ 2.86M
$ 2.86 million
-2.86%
63 OKX Wrapped BTC XBTC $ 69,729.23
$ 2.73M
$ 2.73 million
-1.68%
64 Bridged USDT (Sonic Labs) USDT $ 1.000
$ 2.71M
$ 2.71 million
-0.01%
65 Solana (Universal) USOL $ 87.77
$ 2.48M
$ 2.48 million
-4.82%
66 XRP (Universal) UXRP $ 1.37
$ 2.25M
$ 2.25 million
-2.98%
67 HBAR HBAR $ 0.0917
$ 1.76M
$ 1.76 million
-3.54%
68 WrappedXTM wXTM $ 0.00228
$ 1.61M
$ 1.61 million
-4.59%
69 Unichain Bridged WBTC (Unichain) WBTC $ 69,828.16
$ 1.26M
$ 1.26 million
-1.83%
70 Goblin Staked APT token goAPT $ 1.04
$ 1.19M
$ 1.19 million
-3.08%
71 Wrapped Mountain Protocol USD WUSDM $ 1.08
$ 1.17M
$ 1.17 million
-0.14%
72 pGALA PGALA $ 0.0000187
$ 1.05M
$ 1.05 million
-4.31%
73 Wormhole Bridged Wrapped SOL (Sui) SOL $ 88.03
$ 943,213
$ 943,213
-3.89%
74 Sui (Universal) uSUI $ 0.931
$ 889,054
$ 889,054
-3.11%
75 Wrapped USTC USTC $ 0.00859
$ 764,401
$ 764,401
-1.12%
76 BSC Wrapped Wagerr WGR $ 0.00153
$ 306,166
$ 306,166
-0.46%
77 Orbs ORBS $ 0.0258
$ 298,934
$ 298,934
-2.55%
78 Cardano (Universal) UADA $ 0.256
$ 262,850
$ 262,850
-6.09%
79 Terra Classic USD (Wormhole) USTC $ 0.00480
$ 204,265
$ 204,265
+0.48%
80 Wrapped CTC WCTC $ 0.0761
$ 164,511
$ 164,511
-2.65%
81 XAUt0 XAUt0 $ 4,454.62
$ 128,014
$ 128,014
-2.13%
82 Wrapped XTZ WXTZ $ 0.374
$ 105,089
$ 105,089
-4.85%
83 wrapped stUSDT WSTUSDT $ 1.10
$ 72,833
$ 72,833
-0.42%
84 ckLINK CKLINK $ 9.11
$ 31,649
$ 31,649
-20.28%
85 Aptos (Universal) UAPT $ 1.03
$ 22,725
$ 22,725
-3.38%
86 Wrapped Banano WBAN $ 0.000485
$ 17,967
$ 17,967
+5.52%
87 Wrapped Canton Coin wCC $ 0.142
$ 9,132
$ 9,132
-0.28%
88 Wrapped RTM WRTM $ 0.000105
$ 1,940
$ 1,940
+0.73%
89 Wrapped Bitcoin Cash WBCH $ --
$ --
$ --
--%
90 Wrapped TRON WTRX $ --
$ --
$ --
--%
91 Conceal - Wrapped CCX WCCX $ --
$ --
$ --
--%
92 Wrapped Filecoin WFIL $ --
$ --
$ --
--%
93 Wrapped Statera WSTA $ --
$ --
$ --
--%
94 Wrapped DOGE WDOGE $ --
$ --
$ --
--%
95 Wrapped NewYorkCoin WNYC $ --
$ --
$ --
--%
96 Wrapped Flow WFLOW $ --
$ --
$ --
--%
97 Wrapped PayCoin WPCI $ --
$ --
$ --
--%
98 Crosschain IOTX CIOTX $ --
$ --
$ --
--%
99 Wrapped Staked HEC WSHEC $ --
$ --
$ --
--%
100 Wrapped Elrond WEGLD $ --
$ --
$ --
--%

Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.54%
Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.55M
$ 2.55 million
+0.14%
Ethena Staked USDe sUSDe $ 1.22
$ 3.82B
$ 3.82 billion
+0.02%
Wrapped Matic WMATIC $ 0.0952
$ 13.55M
$ 13.55 million
-1.18%
Solv BTC SOLVBTC $ 69,959.67
$ 459.26M
$ 459.26 million
-1.47%
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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