Wrapped coins

210 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 $ 2,140.75
$ 19.93B
$ 19.93 billion
+4.29%
2 Wrapped BTC WBTC $ 69,755.53
$ 9.59B
$ 9.59 billion
+3.57%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,642.60
$ 9.45B
$ 9.45 billion
+4.19%
4 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
-0.16%
5 Wrapped Ether WETH $ 2,152.39
$ 5.72B
$ 5.72 billion
+4.21%
6 Wrapped eETH weETH $ 2,347.41
$ 5.69B
$ 5.69 billion
+4.12%
7 Coinbase Wrapped BTC CBBTC $ 69,942.62
$ 3.49B
$ 3.49 billion
+3.69%
8 Bitcoin BEP2 BTCB $ 69,845.33
$ 2.94B
$ 2.94 billion
+3.52%
9 Wrapped BNB WBNB $ 607.10
$ 1.05B
$ 1.05 billion
+2.53%
10 Jito Staked SOL JITOSOL $ 104.23
$ 940.01M
$ 940.01 million
+2.70%
11 Rocket Pool ETH RETH $ 2,487.69
$ 844.90M
$ 844.90 million
+3.78%
12 Binance Staked SOL BNSOL $ 90.63
$ 773.97M
$ 773.97 million
+2.80%
13 Lombard Staked Bitcoin LBTC $ 69,975.79
$ 742.28M
$ 742.28 million
+3.49%
14 Mantle Staked Ether METH $ 2,341.50
$ 632.42M
$ 632.42 million
+4.21%
15 tBTC v2 TBTC $ 69,850.19
$ 413.68M
$ 413.68 million
+3.62%
16 Binance-Peg XRP Token XRP $ 1.34
$ 308.26M
$ 308.26 million
+2.88%
17 Coinbase Wrapped Staked ETH CBETH $ 2,422.97
$ 292.43M
$ 292.43 million
+4.27%
18 Bitcoin Avalanche Bridged BTC.b $ 69,666.96
$ 267.77M
$ 267.77 million
+3.40%
19 Marinade staked SOL MSOL $ 112.24
$ 233.92M
$ 233.92 million
+2.77%
20 Wrapped AVAX WAVAX $ 9.31
$ 131.25M
$ 131.25 million
+4.97%
21 Wrapped Solana SOL $ 82.05
$ 123.07M
$ 123.07 million
+2.71%
22 Wrapped Centrifuge CFG $ 0.165
$ 95.04M
$ 95.04 million
+7.12%
23 Coinbase Wrapped XRP CBXRP $ 1.34
$ 70.89M
$ 70.89 million
+3.09%
24 Wrapped Matic WMATIC $ 0.0925
$ 13.17M
$ 13.17 million
+2.95%
25 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.49M
$ 2.49 million
-0.03%

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

26 Ethena Staked USDe sUSDe $ 2.50
$ 7.78B
$ 7.78 billion
+7.76%
27 Jupiter Staked SOL JUPSOL $ 96.66
$ 351.91M
$ 351.91 million
+2.69%
28 Solv BTC SOLVBTC $ 48,930.96
$ 349.82M
$ 349.82 million
-27.31%
29 BybitSOL BBSOL $ 93.81
$ 95.67M
$ 95.67 million
+2.83%
30 Wrapped TAO WTAO $ 318.93
$ 34.72M
$ 34.72 million
+6.33%
31 ckBTC ckBTC $ 69,105.46
$ 32.62M
$ 32.62 million
+3.47%
32 Wrapped NXM WNXM $ 53.49
$ 25.87M
$ 25.87 million
+1.29%
33 renBTC RENBTC $ 8,077.99
$ 2.46M
$ 2.46 million
+25.60%
34 Wrapped NCG WNCG $ 0.00548
$ 1.75M
$ 1.75 million
+0.67%
35 ckUSDC CKUSDC $ 0.996
$ 1.57M
$ 1.57 million
-0.32%
36 ckETH ckETH $ 2,123.84
$ 1.31M
$ 1.31 million
+3.63%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,996.96
$ 33.13T
$ 33.13 trillion
+1.82%
38 Wrapped BTC (BitGo) WBTC $ 69,746.91
$ 8.35B
$ 8.35 billion
+3.69%
39 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
-0.10%
40 Wrapped Binance Beacon ETH WBETH $ 2,353.45
$ 3.06B
$ 3.06 billion
+4.10%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.998
$ 1.28B
$ 1.28 billion
-0.42%
42 USDC (Avalance) USDC $ 0.998
$ 719.80M
$ 719.80 million
-0.07%
43 Wrapped BTC (Wormhole) WBTC $ 69,687.05
$ 258.00M
$ 258.00 million
+3.56%
44 Binance Wrapped BTC BBTC $ 69,818.68
$ 202.47M
$ 202.47 million
+3.59%
45 Gate Wrapped BTC GTBTC $ 70,125.57
$ 161.22M
$ 161.22 million
+3.63%
46 Umbrella Stake Wrapped Aave Ethereum USDT v1 stkwaEthUSDT.v1 $ 1.15
$ 122.40M
$ 122.40 million
-0.04%
47 Wrapped Fantom WFTM $ 0.0448
$ 97.94M
$ 97.94 million
+0.72%
48 TRON peg TRX $ 0.317
$ 94.57M
$ 94.57 million
-0.63%
49 Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ 1.16
$ 92.51M
$ 92.51 million
+0.00%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,288.72
$ 71.89M
$ 71.89 million
+4.04%
Download

Trending Wrapped coins

Top Gainers

Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.165
$ 95.04M
$ 95.04 million
+7.12%
Wrapped AVAX WAVAX $ 9.31
$ 131.25M
$ 131.25 million
+4.97%
Lido Staked Ether stETH $ 2,140.75
$ 19.93B
$ 19.93 billion
+4.29%
Coinbase Wrapped Staked ETH CBETH $ 2,422.97
$ 292.43M
$ 292.43 million
+4.27%
Mantle Staked Ether METH $ 2,341.50
$ 632.42M
$ 632.42 million
+4.21%
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