Wrapped coins 3 coins
#18 Download
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 $ 2,071.96 $ 18.14B
$ 18.14 billion +5.17% 2 Wrapped BTC WBTC $ 71,350.80 $ 9.77B
$ 9.77 billion +6.26% 3 Binance-Peg BSC-USD BSC-USD $ 0.999 $ 8.99B
$ 8.99 billion +0.07% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,541.84 $ 8.08B
$ 8.08 billion +5.52% 5 Wrapped eETH weETH $ 2,254.78 $ 6.37B
$ 6.37 billion +5.08% 6 Wrapped Ether WETH $ 2,076.76 $ 5.48B
$ 5.48 billion +5.28% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.80B
$ 3.80 billion +0.24% 8 Coinbase Wrapped BTC CBBTC $ 71,658.87 $ 3.14B
$ 3.14 billion +6.30% 9 Bitcoin BEP2 BTCB $ 71,599.91 $ 2.78B
$ 2.78 billion +6.35% 10 Jito Staked SOL JITOSOL $ 113.72 $ 1.27B
$ 1.27 billion +6.79% 11 Wrapped BNB WBNB $ 651.79 $ 917.37M
$ 917.37 million +3.98% 12 Rocket Pool ETH RETH $ 2,405.74 $ 853.88M
$ 853.88 million +4.92% 13 Lombard Staked Bitcoin LBTC $ 71,774.67 $ 753.46M
$ 753.46 million +5.57% 14 Mantle Staked Ether METH $ 2,245.13 $ 476.13M
$ 476.13 million +4.92% 15 Solv BTC SOLVBTC $ 71,046.23 $ 466.93M
$ 466.93 million +5.53% 16 tBTC v2 TBTC $ 71,390.96 $ 418.95M
$ 418.95 million +6.02% 17 Binance-Peg XRP Token XRP $ 1.41 $ 342.76M
$ 342.76 million +3.27% 18 Marinade staked SOL MSOL $ 122.63 $ 308.41M
$ 308.41 million +6.59% 19 Coinbase Wrapped Staked ETH CBETH $ 2,332.41 $ 291.29M
$ 291.29 million +5.62% 20 Bitcoin Avalanche Bridged BTC.b $ 71,521.28 $ 272.60M
$ 272.60 million +5.37% 21 Wrapped Solana SOL $ 90.20 $ 167.22M
$ 167.22 million +6.52% 22 Wrapped AVAX WAVAX $ 9.38 $ 153.76M
$ 153.76 million +2.72% 23 BybitSOL BBSOL $ 102.41 $ 120.99M
$ 120.99 million +6.86% 24 Wrapped Centrifuge CFG $ 0.140 $ 79.98M
$ 79.98 million +19.18% 25 Coinbase Wrapped XRP CBXRP $ 1.41 $ 29.75M
$ 29.75 million +3.33% 26 Wrapped NXM WNXM $ 52.10 $ 25.15M
$ 25.15 million +1.94% 27 Wrapped Matic WMATIC $ 0.103 $ 14.66M
$ 14.66 million +3.53% 28 Axelar Wrapped USDC AXLUSDC $ 1.000 $ 2.56M
$ 2.56 million +0.07% 29 Wrapped NCG WNCG $ 0.00547 $ 1.72M
$ 1.72 million -0.07%
The coins below are ranked lower due to missing data.
Learn more
30 Binance Staked SOL BNSOL $ 99.04 $ 970.43M
$ 970.43 million +7.00% 31 Jupiter Staked SOL JUPSOL $ 105.25 $ 437.78M
$ 437.78 million +6.15% 32 ckBTC ckBTC $ 70,449.23 $ 33.38M
$ 33.38 million +6.62% 33 Wrapped TAO WTAO $ 189.05 $ 22.18M
$ 22.18 million +2.47% 34 ckUSDC CKUSDC $ 0.992 $ 1.87M
$ 1.87 million +0.63% 35 ckETH ckETH $ 2,048.95 $ 1.27M
$ 1.27 million +5.25% 36 renBTC RENBTC $ 3,172.99 $ 959,768
$ 959,768 +5.02% 37 ckOCT CKOCT $ 0.00696 $ 123.21T
$ 123.21 trillion -10.90% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,038.03 $ 45.05T
$ 45.05 trillion -1.52% 39 USDC (BASE) USDC $ 1.00 $ 4.33B
$ 4.33 billion -0.33% 40 Wrapped Binance Beacon ETH WBETH $ 2,263.08 $ 2.92B
$ 2.92 billion +5.35% 41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00 $ 1.29B
$ 1.29 billion +0.23% 42 USDC (Avalance) USDC $ 0.999 $ 719.70M
$ 719.70 million -0.35% 43 Wrapped BTC (Wormhole) WBTC $ 71,240.96 $ 284.02M
$ 284.02 million +5.99% 44 Binance Wrapped BTC BBTC $ 71,348.87 $ 206.31M
$ 206.31 million +5.87% 45 Gate Wrapped BTC GTBTC $ 71,690.92 $ 164.86M
$ 164.86 million +6.58% 46 TRON peg TRX $ 0.284 $ 84.84M
$ 84.84 million +1.19% 47 Kelp DAO Wrapped rsETH WRSETH $ 2,181.03 $ 68.51M
$ 68.51 million +3.95% 48 Binance-Peg Bitcoin Cash Token BCH $ 459.32 $ 44.32M
$ 44.32 million +6.04% 49 Wrapped BTC WBTC.E $ 71,242.52 $ 31.00M
$ 31.00 million +5.31% 50 ETH by Sui Bridge ETH $ 2,075.07 $ 28.33M
$ 28.33 million +5.48%
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
Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
Custody locks the asset in a multi-sig or MPC vault; emits event.
Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
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