Wrapped coins

222 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
1 Lido Staked Ether stETH $ 2,131.37
$ 18.89B
$ 18.89 billion
-0.21%
2 Wrapped BTC WBTC $ 77,063.16
$ 10.58B
$ 10.58 billion
-0.28%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,633.15
$ 8.86B
$ 8.86 billion
-0.28%
4 Binance-Peg BSC-USD BSC-USD $ 0.928
$ 8.34B
$ 8.34 billion
-7.95%
5 Wrapped Ether WETH $ 2,132.86
$ 5.67B
$ 5.67 billion
-0.11%
6 Wrapped eETH weETH $ 2,326.28
$ 3.81B
$ 3.81 billion
-0.50%
7 Bitcoin BEP2 BTCB $ 73,239.77
$ 3.20B
$ 3.20 billion
-2.55%
8 Coinbase Wrapped BTC CBBTC $ 77,223.84
$ 3.09B
$ 3.09 billion
-0.30%
9 Wrapped BNB WBNB $ 635.03
$ 1.10B
$ 1.10 billion
-2.58%
10 Binance Staked SOL BNSOL $ 96.40
$ 959.08M
$ 959.08 million
+0.79%
11 Jito Staked SOL JITOSOL $ 110.53
$ 877.49M
$ 877.49 million
+0.60%
12 Rocket Pool ETH RETH $ 2,481.14
$ 826.37M
$ 826.37 million
-0.41%
13 Lombard Staked Bitcoin LBTC $ 77,414.48
$ 820.41M
$ 820.41 million
-0.43%
14 Mantle Staked Ether METH $ 2,325.62
$ 483.91M
$ 483.91 million
-0.34%
15 Solv BTC SOLVBTC $ 73,398.18
$ 465.98M
$ 465.98 million
-5.80%
16 tBTC v2 TBTC $ 77,112.76
$ 373.50M
$ 373.50 million
-0.44%
17 Binance-Peg XRP Token XRP $ 1.33
$ 304.07M
$ 304.07 million
-3.80%
18 Bitcoin Avalanche Bridged BTC.b $ 77,274.15
$ 297.03M
$ 297.03 million
-0.14%
19 Coinbase Wrapped Staked ETH CBETH $ 2,411.03
$ 281.79M
$ 281.79 million
-0.21%
20 Marinade staked SOL MSOL $ 119.22
$ 276.28M
$ 276.28 million
+0.65%
21 Wrapped Centrifuge CFG $ 0.298
$ 172.15M
$ 172.15 million
+2.88%
22 Wrapped AVAX WAVAX $ 9.38
$ 151.29M
$ 151.29 million
+0.72%
23 Wrapped Solana SOL $ 86.56
$ 129.84M
$ 129.84 million
+0.74%
24 Wrapped TAO WTAO $ 277.35
$ 29.83M
$ 29.83 million
+2.04%
25 Wrapped NXM WNXM $ 53.68
$ 23.04M
$ 23.04 million
-1.05%
26 Wrapped Matic WMATIC $ 0.0907
$ 12.91M
$ 12.91 million
-0.22%
27 Axelar Wrapped USDC AXLUSDC $ 0.992
$ 2.41M
$ 2.41 million
-1.20%

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

28 Ethena Staked USDe sUSDe $ 3.51
$ 10.93B
$ 10.93 billion
-1.89%
29 Wrapped TRON WTRX $ 0.363
$ 1.44B
$ 1.44 billion
+1.31%
30 Jupiter Staked SOL JUPSOL $ 102.68
$ 440.38M
$ 440.38 million
+0.77%
31 BybitSOL BBSOL $ 99.70
$ 114.56M
$ 114.56 million
+0.87%
32 Coinbase Wrapped XRP CBXRP $ 1.36
$ 100.71M
$ 100.71 million
-0.60%
33 ckBTC ckBTC $ 77,012.53
$ 14.82M
$ 14.82 million
-1.65%
34 renBTC RENBTC $ 17,824.27
$ 5.43M
$ 5.43 million
+7.15%
35 ckUSDC CKUSDC $ 1.00
$ 2.05M
$ 2.05 million
-1.33%
36 Wrapped NCG WNCG $ 0.00551
$ 1.76M
$ 1.76 million
+0.06%
37 ckETH ckETH $ 2,115.04
$ 1.31M
$ 1.31 million
-1.90%
38 ckOCT CKOCT $ 0.00405
$ 71.71T
$ 71.71 trillion
-21.29%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,482.85
$ 67.14T
$ 67.14 trillion
+1.71%
40 Wrapped BTC (BitGo) WBTC $ 76,863.74
$ 9.10B
$ 9.10 billion
-0.53%
41 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
-0.23%
42 Wrapped Binance Beacon ETH WBETH $ 2,328.90
$ 2.89B
$ 2.89 billion
-0.64%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.993
$ 1.28B
$ 1.28 billion
-1.29%
44 USDC (Avalance) USDC $ 1.00
$ 722.12M
$ 722.12 million
+0.65%
45 Wrapped BTC (Wormhole) WBTC $ 76,994.28
$ 231.74M
$ 231.74 million
-0.34%
46 Binance Wrapped BTC BBTC $ 77,222.69
$ 223.95M
$ 223.95 million
-0.43%
47 Gate Wrapped BTC GTBTC $ 77,587.00
$ 178.42M
$ 178.42 million
-0.21%
48 TRON peg TRX $ 0.363
$ 108.44M
$ 108.44 million
+1.63%
49 Wrapped Fantom WFTM $ 0.0490
$ 107.06M
$ 107.06 million
-1.65%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,010.21
$ 63.14M
$ 63.14 million
-11.73%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Wrapped Centrifuge CFG $ 0.298
$ 172.15M
$ 172.15 million
+2.88%
Wrapped TAO WTAO $ 277.35
$ 29.83M
$ 29.83 million
+2.04%
Binance Staked SOL BNSOL $ 96.40
$ 959.08M
$ 959.08 million
+0.79%
Wrapped Solana SOL $ 86.56
$ 129.84M
$ 129.84 million
+0.74%
Wrapped AVAX WAVAX $ 9.38
$ 151.29M
$ 151.29 million
+0.72%
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.

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