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Wrapped coins

237 coins #19

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

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# Coins Live Price Market cap 24h
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1 Lido Staked Ether stETH $2,635.55
$25.72B
$25.72 billion
-3.30%
2 Wrapped liquid staked Ether 2.0 wstETH $3,296.83
$12.12B
$12.12 billion
-3.12%
3 Wrapped BTC WBTC $83,536.78
$10.63B
$10.63 billion
-2.58%
4 Binance-Peg BSC-USD BSC-USD $1.00
$9.18B
$9.18 billion
-0.00%
5 Wrapped eETH weETH $2,925.52
$5.90B
$5.90 billion
-3.09%
6 Wrapped Ether WETH $2,650.46
$5.59B
$5.59 billion
-3.11%
7 Wrapped Binance Beacon ETH WBETH $2,930.21
$4.88B
$4.88 billion
-3.11%
8 USDC (BASE) USDC $1.000
$4.27B
$4.27 billion
-0.04%
9 Coinbase Wrapped BTC CBBTC $83,532.30
$4.05B
$4.05 billion
-2.64%
10 Bitcoin BEP2 BTCB $83,559.48
$3.97B
$3.97 billion
-2.56%
11 Ethena Staked USDe sUSDe $1.25
$3.89B
$3.89 billion
+0.03%
12 Binance-Peg USD Coin (BNB Smart Chain) USDC $1.000
$1.59B
$1.59 billion
+0.00%
13 Wrapped BNB WBNB $770.02
$1.21B
$1.21 billion
-1.82%
14 Jito Staked SOL JITOSOL $147.61
$1.18B
$1.18 billion
-3.38%
15 Syrup USDC SYRUPUSDC $1.18
$1.10B
$1.10 billion
-0.07%
16 Rocket Pool ETH RETH $3,090.66
$977.86M
$977.86 million
-3.11%
17 Lombard Staked Bitcoin LBTC $83,294.12
$680.19M
$680.19 million
-3.05%
18 Jupiter Staked SOL JUPSOL $136.87
$585.71M
$585.71 million
-3.57%
19 Coinbase Wrapped Staked ETH CBETH $3,019.58
$504.24M
$504.24 million
-3.12%
20 tBTC v2 TBTC $83,770.93
$351.04M
$351.04 million
-2.34%
21 Binance-Peg XRP Token XRP $1.47
$332.77M
$332.77 million
-7.80%
22 Marinade staked SOL MSOL $159.11
$261.74M
$261.74 million
-3.46%
23 Wrapped BTC (Wormhole) WBTC $83,544.35
$205.87M
$205.87 million
-2.56%
24 Coinbase Wrapped XRP CBXRP $1.47
$191.94M
$191.94 million
-7.66%
25 Wrapped AVAX WAVAX $10.19
$180.81M
$180.81 million
-9.12%
26 Wrapped Solana SOL $113.43
$170.09M
$170.09 million
-3.35%
27 Bitcoin Avalanche Bridged BTC.b $83,523.63
$167.46M
$167.46 million
-2.66%
28 Wrapped Centrifuge CFG $0.137
$79.22M
$79.22 million
-4.98%
29 Robinhood Wrapped ETH (Robinhood Chain) WETH $2,649.70
$78.64M
$78.64 million
-3.05%
30 Bridged Tether USD USDT $0.999
$26.82M
$26.82 million
-0.08%
31 Wrapped Matic WMATIC $0.101
$19.15M
$19.15 million
-6.69%
32 Binance Beacon ETH BETH $2,647.57
$11.75M
$11.75 million
-2.85%
33 Axelar Wrapped USDC AXLUSDC $1.00
$2.35M
$2.35 million
+0.32%
34 Wrapped Ether (Wormhole) WETH $2,650.30
$660,979
$660,979
-3.05%

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

35 Wrapped TRON WTRX $0.340
$1.43B
$1.43 billion
-0.92%
36 Binance Staked SOL BNSOL $128.29
$1.16B
$1.16 billion
-3.29%
37 Mantle Staked Ether METH $2,903.13
$620.06M
$620.06 million
-3.58%
38 Solv BTC SOLVBTC $83,844.46
$538.48M
$538.48 million
-2.19%
39 BybitSOL BBSOL $133.06
$142.44M
$142.44 million
-3.39%
40 Wrapped TAO WTAO $282.38
$31.50M
$31.50 million
-8.82%
41 Wrapped NXM WNXM $70.56
$28.00M
$28.00 million
+8.76%
42 renBTC RENBTC $16,030.31
$5.13M
$5.13 million
-9.23%
43 Wrapped NCG WNCG $0.00445
$1.85M
$1.85 million
-2.56%
44 ckETH ckETH $2,676.77
$1.66M
$1.66 million
-3.52%
45 Paxos Gold (Gravity Bridge) PAXG.grv $3,430.83
$51.41T
$51.41 trillion
+51.35%
46 Wrapped DOGE WDOGE $0.0929
$11.99B
$11.99 billion
-7.03%
47 Wrapped BTC (BitGo) WBTC $83,217.85
$9.69B
$9.69 billion
-2.82%
48 USD Coin Bridged USDCE $1.00
$772.13M
$772.13 million
-0.01%
49 USDC (Avalance) USDC $1.00
$382.56M
$382.56 million
+0.03%
50 Gate Wrapped BTC GTBTC $83,939.32
$289.42M
$289.42 million
-2.67%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Axelar Wrapped USDC AXLUSDC $1.00
$2.35M
$2.35 million
+0.32%
Ethena Staked USDe sUSDe $1.25
$3.89B
$3.89 billion
+0.03%
Binance-Peg USD Coin (BNB Smart Chain) USDC $1.000
$1.59B
$1.59 billion
+0.00%
Binance-Peg BSC-USD BSC-USD $1.00
$9.18B
$9.18 billion
-0.00%
USDC (BASE) USDC $1.000
$4.27B
$4.27 billion
-0.04%
All Gainers

Market Cap

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Pro Chart

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