Wrapped coins

221 coins #19

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

Download
# Coins Price Market cap 24h
1 Lido Staked Ether stETH $ 2,106.58
$ 18.66B
$ 18.66 billion
-3.76%
2 Wrapped BTC WBTC $ 76,265.23
$ 10.48B
$ 10.48 billion
-2.09%
3 Binance-Peg BSC-USD BSC-USD $ 1.08
$ 9.67B
$ 9.67 billion
-3.39%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,596.75
$ 8.75B
$ 8.75 billion
-3.70%
5 Wrapped Ether WETH $ 2,102.94
$ 5.59B
$ 5.59 billion
-3.68%
6 Wrapped eETH weETH $ 2,307.64
$ 3.86B
$ 3.86 billion
-3.45%
7 Bitcoin BEP2 BTCB $ 81,861.63
$ 3.45B
$ 3.45 billion
-4.72%
8 Coinbase Wrapped BTC CBBTC $ 76,508.40
$ 3.06B
$ 3.06 billion
-2.05%
9 Wrapped BNB WBNB $ 660.89
$ 1.14B
$ 1.14 billion
-5.02%
10 Binance Staked SOL BNSOL $ 93.53
$ 930.65M
$ 930.65 million
-2.47%
11 Jito Staked SOL JITOSOL $ 107.71
$ 855.24M
$ 855.24 million
-2.31%
12 Lombard Staked Bitcoin LBTC $ 76,835.22
$ 814.33M
$ 814.33 million
-1.91%
13 tBTC v2 TBTC $ 76,402.21
$ 386.59M
$ 386.59 million
-2.06%
14 Binance-Peg XRP Token XRP $ 1.47
$ 334.92M
$ 334.92 million
-6.21%
15 Bitcoin Avalanche Bridged BTC.b $ 76,489.88
$ 294.03M
$ 294.03 million
-1.94%
16 Coinbase Wrapped Staked ETH CBETH $ 2,378.83
$ 278.02M
$ 278.02 million
-3.74%
17 Marinade staked SOL MSOL $ 116.14
$ 269.29M
$ 269.29 million
-1.95%
18 Wrapped Centrifuge CFG $ 0.284
$ 163.92M
$ 163.92 million
+7.72%
19 Wrapped AVAX WAVAX $ 9.09
$ 146.57M
$ 146.57 million
-1.77%
20 Wrapped Solana SOL $ 84.00
$ 126.00M
$ 126.00 million
-3.04%
21 Coinbase Wrapped XRP CBXRP $ 1.38
$ 100.62M
$ 100.62 million
-2.29%
22 Wrapped NXM WNXM $ 54.01
$ 23.34M
$ 23.34 million
-4.53%
23 Wrapped Matic WMATIC $ 0.0900
$ 12.81M
$ 12.81 million
-2.24%
24 Axelar Wrapped USDC AXLUSDC $ 0.998
$ 2.42M
$ 2.42 million
-11.01%

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

25 Ethena Staked USDe sUSDe $ 3.65
$ 11.36B
$ 11.36 billion
-1.68%
26 Rocket Pool ETH RETH $ 2,450.50
$ 816.92M
$ 816.92 million
-3.68%
27 Mantle Staked Ether METH $ 2,299.22
$ 489.90M
$ 489.90 million
-3.32%
28 Solv BTC SOLVBTC $ 75,784.75
$ 488.03M
$ 488.03 million
-12.44%
29 Jupiter Staked SOL JUPSOL $ 100.06
$ 429.13M
$ 429.13 million
-2.60%
30 BybitSOL BBSOL $ 96.73
$ 111.52M
$ 111.52 million
-2.48%
31 Wrapped TAO WTAO $ 256.93
$ 27.88M
$ 27.88 million
-5.44%
32 ckBTC ckBTC $ 75,669.43
$ 14.58M
$ 14.58 million
-3.66%
33 renBTC RENBTC $ 15,850.51
$ 4.83M
$ 4.83 million
+0.19%
34 ckUSDC CKUSDC $ 0.996
$ 2.04M
$ 2.04 million
-0.59%
35 Wrapped NCG WNCG $ 0.00558
$ 1.79M
$ 1.79 million
-5.13%
36 ckETH ckETH $ 2,095.14
$ 1.30M
$ 1.30 million
-4.69%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,716.92
$ 31.78T
$ 31.78 trillion
+0.02%
38 Wrapped BTC (BitGo) WBTC $ 76,044.08
$ 9.00B
$ 9.00 billion
-2.38%
39 USDC (BASE) USDC $ 1.00
$ 4.35B
$ 4.35 billion
+0.65%
40 Wrapped Binance Beacon ETH WBETH $ 2,305.91
$ 2.86B
$ 2.86 billion
-3.50%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.04
$ 1.34B
$ 1.34 billion
-5.01%
42 USDC (Avalance) USDC $ 1.00
$ 722.31M
$ 722.31 million
+1.12%
43 Wrapped BTC (Wormhole) WBTC $ 76,344.42
$ 242.27M
$ 242.27 million
-2.04%
44 Binance Wrapped BTC BBTC $ 76,618.13
$ 222.19M
$ 222.19 million
-1.74%
45 Gate Wrapped BTC GTBTC $ 76,775.79
$ 176.60M
$ 176.60 million
-2.06%
46 Wrapped Fantom WFTM $ 0.0493
$ 107.87M
$ 107.87 million
-10.63%
47 TRON peg TRX $ 0.353
$ 105.57M
$ 105.57 million
-0.73%
48 Kelp DAO Wrapped rsETH WRSETH $ 1,989.15
$ 62.48M
$ 62.48 million
-4.18%
49 Wrapped DAG WDAG $ 0.0167
$ 62.06M
$ 62.06 million
-4.40%
50 Bitget Wrapped BTC BGBTC $ 76,499.33
$ 39.71M
$ 39.71 million
-2.07%
Download

Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.284
$ 163.92M
$ 163.92 million
+7.72%
Wrapped AVAX WAVAX $ 9.09
$ 146.57M
$ 146.57 million
-1.77%
Lombard Staked Bitcoin LBTC $ 76,835.22
$ 814.33M
$ 814.33 million
-1.91%
Bitcoin Avalanche Bridged BTC.b $ 76,489.88
$ 294.03M
$ 294.03 million
-1.94%
Marinade staked SOL MSOL $ 116.14
$ 269.29M
$ 269.29 million
-1.95%
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