Wrapped coins

220 coins #19

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 $ 2,328.77
$ 20.42B
$ 20.42 billion
+0.00%
2 Wrapped BTC WBTC $ 80,576.59
$ 11.07B
$ 11.07 billion
-0.00%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,872.69
$ 9.60B
$ 9.60 billion
-0.03%
4 Binance-Peg BSC-USD BSC-USD $ 0.903
$ 8.12B
$ 8.12 billion
-18.85%
5 Wrapped Ether WETH $ 2,331.67
$ 6.20B
$ 6.20 billion
+0.08%
6 Wrapped eETH weETH $ 2,549.00
$ 4.68B
$ 4.68 billion
+0.03%
7 Coinbase Wrapped BTC CBBTC $ 80,732.78
$ 3.34B
$ 3.34 billion
+0.03%
8 Bitcoin BEP2 BTCB $ 73,187.39
$ 3.08B
$ 3.08 billion
-14.93%
9 Wrapped BNB WBNB $ 574.91
$ 992.14M
$ 992.14 million
+9.55%
10 Binance Staked SOL BNSOL $ 105.61
$ 984.28M
$ 984.28 million
+1.35%
11 Jito Staked SOL JITOSOL $ 121.29
$ 963.64M
$ 963.64 million
+1.49%
12 Rocket Pool ETH RETH $ 2,709.86
$ 901.09M
$ 901.09 million
+0.01%
13 Lombard Staked Bitcoin LBTC $ 80,961.58
$ 858.15M
$ 858.15 million
+0.15%
14 Mantle Staked Ether METH $ 2,545.85
$ 544.42M
$ 544.42 million
+0.11%
15 tBTC v2 TBTC $ 80,722.25
$ 416.82M
$ 416.82 million
+0.03%
16 Bitcoin Avalanche Bridged BTC.b $ 80,829.68
$ 310.70M
$ 310.70 million
+0.15%
17 Coinbase Wrapped Staked ETH CBETH $ 2,633.52
$ 307.31M
$ 307.31 million
+0.18%
18 Marinade staked SOL MSOL $ 130.63
$ 302.90M
$ 302.90 million
+1.56%
19 Binance-Peg XRP Token XRP $ 1.29
$ 294.65M
$ 294.65 million
-16.81%
20 Wrapped Centrifuge CFG $ 0.306
$ 176.56M
$ 176.56 million
+1.88%
21 Wrapped AVAX WAVAX $ 10.07
$ 162.52M
$ 162.52 million
+0.82%
22 Wrapped Solana SOL $ 94.98
$ 142.46M
$ 142.46 million
+1.36%
23 Coinbase Wrapped XRP CBXRP $ 1.45
$ 92.84M
$ 92.84 million
+1.87%
24 Wrapped NXM WNXM $ 59.06
$ 25.50M
$ 25.50 million
-0.02%
25 Wrapped Matic WMATIC $ 0.104
$ 14.80M
$ 14.80 million
+1.44%
26 Axelar Wrapped USDC AXLUSDC $ 0.965
$ 2.39M
$ 2.39 million
-3.51%
27 Wrapped NCG WNCG $ 0.00571
$ 1.83M
$ 1.83 million
+2.07%

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

28 Ethena Staked USDe sUSDe $ 3.94
$ 12.27B
$ 12.27 billion
-0.05%
29 Jupiter Staked SOL JUPSOL $ 112.74
$ 482.23M
$ 482.23 million
+1.84%
30 Solv BTC SOLVBTC $ 73,650.46
$ 475.36M
$ 475.36 million
-0.86%
31 BybitSOL BBSOL $ 109.27
$ 122.05M
$ 122.05 million
+1.30%
32 Wrapped TAO WTAO $ 317.93
$ 34.49M
$ 34.49 million
+1.39%
33 ckBTC ckBTC $ 80,334.25
$ 23.42M
$ 23.42 million
+0.43%
34 renBTC RENBTC $ 19,535.67
$ 5.95M
$ 5.95 million
+0.20%
35 ckUSDC CKUSDC $ 1.00
$ 1.59M
$ 1.59 million
+0.64%
36 ckETH ckETH $ 2,332.80
$ 1.45M
$ 1.45 million
+0.87%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,220.91
$ 35.18T
$ 35.18 trillion
+9.95%
38 Wrapped Banano WBAN $ 1,851.99
$ 68.66B
$ 68.66 billion
+353.55M%
39 Wrapped BTC (BitGo) WBTC $ 80,423.40
$ 9.52B
$ 9.52 billion
-0.34%
40 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
-0.07%
41 Wrapped Binance Beacon ETH WBETH $ 2,554.78
$ 3.31B
$ 3.31 billion
+0.08%
42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.957
$ 1.23B
$ 1.23 billion
-11.66%
43 USDC (Avalance) USDC $ 1.000
$ 721.20M
$ 721.20 million
+0.15%
44 Wrapped BTC (Wormhole) WBTC $ 80,578.65
$ 255.71M
$ 255.71 million
+0.13%
45 Binance Wrapped BTC BBTC $ 80,734.70
$ 234.13M
$ 234.13 million
+0.02%
46 Gate Wrapped BTC GTBTC $ 80,971.31
$ 186.20M
$ 186.20 million
-0.04%
47 Wrapped Fantom WFTM $ 0.0489
$ 106.95M
$ 106.95 million
+9.60%
48 TRON peg TRX $ 0.349
$ 104.10M
$ 104.10 million
+0.22%
49 Wrapped DAG WDAG $ 0.0210
$ 77.91M
$ 77.91 million
+24.85%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,294.25
$ 72.06M
$ 72.06 million
+0.85%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped BNB WBNB $ 574.91
$ 992.14M
$ 992.14 million
+9.55%
Wrapped NCG WNCG $ 0.00571
$ 1.83M
$ 1.83 million
+2.07%
Wrapped Centrifuge CFG $ 0.306
$ 176.56M
$ 176.56 million
+1.88%
Coinbase Wrapped XRP CBXRP $ 1.45
$ 92.84M
$ 92.84 million
+1.87%
Marinade staked SOL MSOL $ 130.63
$ 302.90M
$ 302.90 million
+1.56%
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