Wrapped coins 189 coins
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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 Price Market cap 24h 1 Wrapped DOGE WDOGE $ 0.127 $ 16.37B
$ 16.37 billion -3.45% 2 Wrapped BTC WBTC $ 86,762.88 $ 11.93B
$ 11.93 billion +0.55% 3 Wrapped liquid staked Ether 2.0 wstETH $ 3,474.76 $ 11.61B
$ 11.61 billion -2.77% 4 Binance-Peg BSC-USD BSC-USD $ 1.00 $ 8.99B
$ 8.99 billion +0.44% 5 Wrapped eETH weETH $ 3,074.97 $ 8.39B
$ 8.39 billion -3.01% 6 Wrapped Ether WETH $ 2,841.29 $ 7.52B
$ 7.52 billion -2.89% 7 USDC (BASE) USDC $ 1.000 $ 4.41B
$ 4.41 billion -0.03% 8 Wrapped Binance Beacon ETH WBETH $ 3,084.47 $ 4.33B
$ 4.33 billion -2.87% 9 Coinbase Wrapped BTC CBBTC $ 86,977.83 $ 3.65B
$ 3.65 billion +0.62% 10 Wrapped TRON WTRX $ 0.277 $ 3.55B
$ 3.55 billion -0.67% 11 Bitcoin BEP2 BTCB $ 86,990.98 $ 3.41B
$ 3.41 billion +0.90% 12 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00 $ 1.29B
$ 1.29 billion +0.21% 13 Wrapped BNB WBNB $ 835.01 $ 1.13B
$ 1.13 billion -2.85% 14 USDC (Avalance) USDC $ 1.000 $ 721.12M
$ 721.12 million -0.04% 15 tBTC v2 TBTC $ 86,799.37 $ 529.16M
$ 529.16 million +0.51% 16 Wrapped BTC (Wormhole) WBTC $ 86,755.95 $ 346.24M
$ 346.24 million +0.59% 17 Binance Wrapped BTC BBTC $ 86,945.75 $ 252.14M
$ 252.14 million +0.50% 18 Wrapped AVAX WAVAX $ 11.75 $ 208.08M
$ 208.08 million -3.27% 19 Gate Wrapped BTC GTBTC $ 87,111.73 $ 200.42M
$ 200.42 million -6.62% 20 Kelp DAO Wrapped rsETH WRSETH $ 3,001.91 $ 94.29M
$ 94.29 million -3.91% 21 Umbrella Stake Wrapped Aave Ethereum USDC v1 stkwaEthUSDC.v1 $ 1.12 $ 93.38M
$ 93.38 million +1.12% 22 TRON peg TRX $ 0.278 $ 83.00M
$ 83.00 million -0.79% 23 Wrapped Centrifuge CFG $ 0.133 $ 76.36M
$ 76.36 million +1.62% 24 Binance-Peg Bitcoin Cash Token BCH $ 532.94 $ 51.43M
$ 51.43 million -1.07% 25 ckBTC ckBTC $ 87,503.49 $ 41.30M
$ 41.30 million +1.25% 26 ETH by Sui Bridge ETH $ 2,852.87 $ 41.30M
$ 41.30 million -2.39% 27 Wrapped BTC WBTC.E $ 86,755.86 $ 37.98M
$ 37.98 million +0.52% 28 Coinbase Wrapped XRP CBXRP $ 1.85 $ 36.08M
$ 36.08 million -3.45% 29 Wrapped NXM WNXM $ 68.36 $ 33.41M
$ 33.41 million -3.74% 30 Wrapped XRP WXRP $ 1.85 $ 33.16M
$ 33.16 million -3.90% 31 DETH DETH $ 2,863.76 $ 26.60M
$ 26.60 million -2.64% 32 Wrapped TAO WTAO $ 229.02 $ 25.94M
$ 25.94 million -7.30% 33 Wrapped Axelar WAXL $ 0.0900 $ 21.19M
$ 21.19 million -11.69% 34 Wrapped Matic WMATIC $ 0.107 $ 15.25M
$ 15.25 million -3.39% 35 Wrapped QUIL wQUIL $ 0.0149 $ 13.45M
$ 13.45 million -1.41% 36 Wrapped FRAX WFRAX $ 0.642 $ 11.86M
$ 11.86 million -4.13% 37 iShares Gold Trust (Ondo Tokenized) IAUon $ 81.25 $ 9.73M
$ 9.73 million -0.22% 38 Tesla tokenized stock (xStock) TSLAX $ 473.04 $ 5.20M
$ 5.20 million -3.92% 39 Wrapped WDOGE WWDOGE $ 0.165 $ 4.57M
$ 4.57 million -0.00% 40 Wrapped Cardano WADA $ 0.363 $ 4.34M
$ 4.34 million -4.88% 41 Solana (Universal) USOL $ 122.94 $ 3.74M
$ 3.74 million -3.60% 42 SPUSD SPUSD $ 1.00 $ 3.63M
$ 3.63 million +0.08% 43 ckUSDT CKUSDT $ 1.00 $ 3.48M
$ 3.48 million +0.59% 44 OKX Wrapped BTC XBTC $ 87,036.43 $ 3.39M
$ 3.39 million +0.64% 45 XRP (Universal) UXRP $ 1.85 $ 3.37M
$ 3.37 million -3.23% 46 Coinbase Wrapped DOGE CBDOGE $ 0.125 $ 3.18M
$ 3.18 million -4.26% 47 Bridged USDT (Sonic Labs) USDT $ 1.000 $ 2.71M
$ 2.71 million -0.02% 48 Axelar Wrapped USDC AXLUSDC $ 1.00 $ 2.57M
$ 2.57 million +0.21% 49 Coinbase Wrapped LTC cbLTC $ 75.75 $ 2.34M
$ 2.34 million -3.40% 50 Wrapped NCG WNCG $ 0.00690 $ 2.16M
$ 2.16 million -2.57%
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
Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
Custody locks the asset in a multi-sig or MPC vault; emits event.
Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
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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