Wrapped coins

3 coins #18

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 $ 2,068.66
$ 18.24B
$ 18.24 billion
+2.87%
2 Wrapped BTC WBTC $ 70,525.55
$ 9.69B
$ 9.69 billion
+3.36%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.07%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,537.94
$ 8.10B
$ 8.10 billion
+2.01%
5 Wrapped eETH weETH $ 2,251.02
$ 6.40B
$ 6.40 billion
+2.73%
6 Wrapped Ether WETH $ 2,066.36
$ 5.49B
$ 5.49 billion
+2.76%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
+0.08%
8 Coinbase Wrapped BTC CBBTC $ 70,799.26
$ 3.11B
$ 3.11 billion
+3.39%
9 Bitcoin BEP2 BTCB $ 70,736.11
$ 2.97B
$ 2.97 billion
+3.36%
10 Jito Staked SOL JITOSOL $ 111.43
$ 1.25B
$ 1.25 billion
+3.99%
11 Binance Staked SOL BNSOL $ 96.73
$ 949.78M
$ 949.78 million
+4.11%
12 Wrapped BNB WBNB $ 645.84
$ 910.11M
$ 910.11 million
+1.51%
13 Rocket Pool ETH RETH $ 2,400.81
$ 861.62M
$ 861.62 million
+2.55%
14 Lombard Staked Bitcoin LBTC $ 71,393.24
$ 755.07M
$ 755.07 million
+3.68%
15 Mantle Staked Ether METH $ 2,245.49
$ 478.05M
$ 478.05 million
+3.51%
16 Solv BTC SOLVBTC $ 70,926.73
$ 452.03M
$ 452.03 million
+3.12%
17 tBTC v2 TBTC $ 70,646.11
$ 417.72M
$ 417.72 million
+3.17%
18 Binance-Peg XRP Token XRP $ 1.42
$ 347.29M
$ 347.29 million
+3.77%
19 Coinbase Wrapped Staked ETH CBETH $ 2,326.58
$ 292.58M
$ 292.58 million
+2.89%
20 Bitcoin Avalanche Bridged BTC.b $ 71,215.26
$ 273.71M
$ 273.71 million
+3.65%
21 Marinade staked SOL MSOL $ 119.99
$ 250.06M
$ 250.06 million
+3.71%
22 Wrapped Solana SOL $ 87.95
$ 164.39M
$ 164.39 million
+3.84%
23 Wrapped AVAX WAVAX $ 9.84
$ 162.81M
$ 162.81 million
+6.00%
24 BybitSOL BBSOL $ 100.33
$ 117.71M
$ 117.71 million
+3.98%
25 Wrapped Centrifuge CFG $ 0.141
$ 81.18M
$ 81.18 million
+1.03%
26 Coinbase Wrapped XRP CBXRP $ 1.42
$ 30.29M
$ 30.29 million
+4.31%
27 Wrapped Matic WMATIC $ 0.0980
$ 13.95M
$ 13.95 million
+2.00%
28 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
+0.03%
29 Wrapped NCG WNCG $ 0.00534
$ 1.71M
$ 1.71 million
+3.00%

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

30 Jupiter Staked SOL JUPSOL $ 103.37
$ 434.67M
$ 434.67 million
+4.23%
31 ckBTC ckBTC $ 71,106.31
$ 33.56M
$ 33.56 million
+2.97%
32 Wrapped NXM WNXM $ 53.43
$ 25.81M
$ 25.81 million
+5.04%
33 Wrapped TAO WTAO $ 207.23
$ 24.54M
$ 24.54 million
+7.45%
34 ckUSDC CKUSDC $ 0.995
$ 1.85M
$ 1.85 million
-0.54%
35 ckETH ckETH $ 2,082.59
$ 1.29M
$ 1.29 million
+2.36%
36 renBTC RENBTC $ 3,487.80
$ 1.06M
$ 1.06 million
+12.42%
37 ckOCT CKOCT $ 0.00325
$ 57.55T
$ 57.55 trillion
-53.30%
38 Wrapped DOGE WDOGE $ 0.110
$ 14.17B
$ 14.17 billion
+3.28%
39 USDC (BASE) USDC $ 1.00
$ 4.35B
$ 4.35 billion
+0.08%
40 Wrapped Binance Beacon ETH WBETH $ 2,253.51
$ 2.93B
$ 2.93 billion
+3.01%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.05%
42 USDC (Avalance) USDC $ 0.999
$ 720.80M
$ 720.80 million
-0.12%
43 Wrapped BTC (Wormhole) WBTC $ 70,794.83
$ 282.99M
$ 282.99 million
+3.35%
44 Binance Wrapped BTC BBTC $ 71,047.29
$ 206.04M
$ 206.04 million
+3.05%
45 Gate Wrapped BTC GTBTC $ 70,820.16
$ 162.86M
$ 162.86 million
+3.24%
46 TRON peg TRX $ 0.284
$ 84.94M
$ 84.94 million
-0.24%
47 Kelp DAO Wrapped rsETH WRSETH $ 2,199.95
$ 69.10M
$ 69.10 million
+2.73%
48 Binance-Peg Bitcoin Cash Token BCH $ 451.13
$ 43.53M
$ 43.53 million
-0.49%
49 Wrapped BTC WBTC.E $ 71,004.65
$ 31.11M
$ 31.11 million
+3.35%
50 ETH by Sui Bridge ETH $ 2,067.72
$ 28.43M
$ 28.43 million
+2.43%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped AVAX WAVAX $ 9.84
$ 162.81M
$ 162.81 million
+6.00%
Coinbase Wrapped XRP CBXRP $ 1.42
$ 30.29M
$ 30.29 million
+4.31%
Binance Staked SOL BNSOL $ 96.73
$ 949.78M
$ 949.78 million
+4.11%
Jito Staked SOL JITOSOL $ 111.43
$ 1.25B
$ 1.25 billion
+3.99%
BybitSOL BBSOL $ 100.33
$ 117.71M
$ 117.71 million
+3.98%
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