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

Download
# Coins Live Price Market cap 24h
1 Lido Staked Ether stETH $ 1,985.98
$ 17.61B
$ 17.61 billion
-4.03%
2 Wrapped BTC WBTC $ 72,689.61
$ 9.98B
$ 9.98 billion
-3.23%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.34%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,457.50
$ 8.28B
$ 8.28 billion
-3.91%
5 Wrapped Ether WETH $ 1,986.78
$ 5.28B
$ 5.28 billion
-4.13%
6 Wrapped eETH weETH $ 2,180.76
$ 3.47B
$ 3.47 billion
-3.86%
7 Bitcoin BEP2 BTCB $ 72,942.79
$ 3.07B
$ 3.07 billion
-3.07%
8 Coinbase Wrapped BTC CBBTC $ 72,861.85
$ 3.03B
$ 3.03 billion
-3.24%
9 Wrapped BNB WBNB $ 634.81
$ 1.09B
$ 1.09 billion
-3.05%
10 Jito Staked SOL JITOSOL $ 103.85
$ 824.54M
$ 824.54 million
-3.83%
11 Lombard Staked Bitcoin LBTC $ 73,157.76
$ 774.94M
$ 774.94 million
-2.85%
12 Rocket Pool ETH RETH $ 2,315.06
$ 772.01M
$ 772.01 million
-3.60%
13 Mantle Staked Ether METH $ 2,168.67
$ 448.21M
$ 448.21 million
-4.09%
14 tBTC v2 TBTC $ 72,911.67
$ 349.90M
$ 349.90 million
-3.04%
15 Binance-Peg XRP Token XRP $ 1.30
$ 297.24M
$ 297.24 million
-2.58%
16 Bitcoin Avalanche Bridged BTC.b $ 72,926.93
$ 280.32M
$ 280.32 million
-2.85%
17 Coinbase Wrapped Staked ETH CBETH $ 2,248.80
$ 262.81M
$ 262.81 million
-4.01%
18 Marinade staked SOL MSOL $ 111.96
$ 259.60M
$ 259.60 million
-3.89%
19 Wrapped Centrifuge CFG $ 0.279
$ 160.96M
$ 160.96 million
-9.11%
20 Wrapped AVAX WAVAX $ 8.83
$ 142.49M
$ 142.49 million
-3.87%
21 Wrapped Solana SOL $ 81.16
$ 121.74M
$ 121.74 million
-4.00%
22 Coinbase Wrapped XRP CBXRP $ 1.30
$ 98.79M
$ 98.79 million
-2.91%
23 Wrapped Matic WMATIC $ 0.0870
$ 12.38M
$ 12.38 million
-4.87%
24 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.31%
25 Wrapped NCG WNCG $ 0.00711
$ 2.28M
$ 2.28 million
-9.07%

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

26 Ethena Staked USDe sUSDe $ 3.31
$ 10.32B
$ 10.32 billion
-1.02%
27 Wrapped TRON WTRX $ 0.350
$ 1.39B
$ 1.39 billion
-5.59%
28 Binance Staked SOL BNSOL $ 90.04
$ 896.22M
$ 896.22 million
-4.37%
29 Solv BTC SOLVBTC $ 73,044.31
$ 462.69M
$ 462.69 million
-2.66%
30 Jupiter Staked SOL JUPSOL $ 96.47
$ 413.76M
$ 413.76 million
-3.70%
31 BybitSOL BBSOL $ 93.24
$ 114.15M
$ 114.15 million
-4.30%
32 Wrapped TAO WTAO $ 258.90
$ 27.42M
$ 27.42 million
-6.11%
33 Wrapped NXM WNXM $ 51.74
$ 22.14M
$ 22.14 million
-5.61%
34 ckBTC ckBTC $ 72,997.10
$ 14.04M
$ 14.04 million
-3.90%
35 renBTC RENBTC $ 18,028.05
$ 5.49M
$ 5.49 million
-7.65%
36 ckUSDC CKUSDC $ 1.01
$ 2.06M
$ 2.06 million
-1.25%
37 ckETH ckETH $ 1,986.58
$ 1.23M
$ 1.23 million
-5.04%
38 ckOCT CKOCT $ 0.00608
$ 107.62T
$ 107.62 trillion
-4.47%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,429.95
$ 66.31T
$ 66.31 trillion
-3.38%
40 Wrapped BTC (BitGo) WBTC $ 72,677.54
$ 8.60B
$ 8.60 billion
-3.06%
41 USDC (BASE) USDC $ 1.00
$ 4.35B
$ 4.35 billion
-0.19%
42 Wrapped Binance Beacon ETH WBETH $ 2,182.00
$ 2.70B
$ 2.70 billion
-4.21%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.33%
44 USDC (Avalance) USDC $ 0.999
$ 720.82M
$ 720.82 million
+0.26%
45 Wrapped BTC (Wormhole) WBTC $ 72,818.27
$ 219.18M
$ 219.18 million
-3.02%
46 Binance Wrapped BTC BBTC $ 72,995.25
$ 211.69M
$ 211.69 million
-2.92%
47 Gate Wrapped BTC GTBTC $ 73,066.16
$ 168.03M
$ 168.03 million
-3.43%
48 TRON peg TRX $ 0.353
$ 105.52M
$ 105.52 million
-3.99%
49 Wrapped Fantom WFTM $ 0.0473
$ 103.38M
$ 103.38 million
-2.13%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,113.12
$ 66.38M
$ 66.38 million
-3.00%
Download

Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.34%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.43M
$ 2.43 million
+0.31%
Binance-Peg XRP Token XRP $ 1.30
$ 297.24M
$ 297.24 million
-2.58%
Bitcoin Avalanche Bridged BTC.b $ 72,926.93
$ 280.32M
$ 280.32 million
-2.85%
Lombard Staked Bitcoin LBTC $ 73,157.76
$ 774.94M
$ 774.94 million
-2.85%
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