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 Price Market cap 24h
1 Lido Staked Ether stETH $ 2,117.69
$ 18.78B
$ 18.78 billion
+0.02%
2 Wrapped BTC WBTC $ 76,547.99
$ 10.52B
$ 10.52 billion
-0.15%
3 Binance-Peg BSC-USD BSC-USD $ 0.992
$ 8.92B
$ 8.92 billion
-1.20%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,615.80
$ 8.81B
$ 8.81 billion
+0.09%
5 Wrapped Ether WETH $ 2,113.69
$ 5.63B
$ 5.63 billion
-0.00%
6 Wrapped eETH weETH $ 2,331.19
$ 3.86B
$ 3.86 billion
+0.50%
7 Bitcoin BEP2 BTCB $ 76,314.29
$ 3.22B
$ 3.22 billion
-1.10%
8 Coinbase Wrapped BTC CBBTC $ 76,778.72
$ 3.07B
$ 3.07 billion
-0.13%
9 Wrapped BNB WBNB $ 637.41
$ 1.10B
$ 1.10 billion
-0.51%
10 Binance Staked SOL BNSOL $ 94.22
$ 937.51M
$ 937.51 million
+0.21%
11 Jito Staked SOL JITOSOL $ 108.34
$ 862.27M
$ 862.27 million
+0.38%
12 Rocket Pool ETH RETH $ 2,478.85
$ 826.20M
$ 826.20 million
+0.53%
13 Lombard Staked Bitcoin LBTC $ 77,276.97
$ 819.11M
$ 819.11 million
+0.22%
14 Mantle Staked Ether METH $ 2,302.22
$ 488.24M
$ 488.24 million
+0.26%
15 tBTC v2 TBTC $ 76,900.83
$ 379.05M
$ 379.05 million
+0.11%
16 Binance-Peg XRP Token XRP $ 1.37
$ 308.03M
$ 308.03 million
-3.24%
17 Bitcoin Avalanche Bridged BTC.b $ 76,991.74
$ 295.90M
$ 295.90 million
+0.03%
18 Coinbase Wrapped Staked ETH CBETH $ 2,390.99
$ 279.76M
$ 279.76 million
-0.02%
19 Marinade staked SOL MSOL $ 117.07
$ 271.71M
$ 271.71 million
+0.45%
20 Wrapped Centrifuge CFG $ 0.288
$ 166.20M
$ 166.20 million
+5.04%
21 Wrapped AVAX WAVAX $ 9.22
$ 148.78M
$ 148.78 million
+1.22%
22 Wrapped Solana SOL $ 84.59
$ 127.03M
$ 127.03 million
+0.13%
23 Coinbase Wrapped XRP CBXRP $ 1.38
$ 100.74M
$ 100.74 million
-0.18%
24 Wrapped NXM WNXM $ 52.85
$ 22.79M
$ 22.79 million
-1.67%
25 Wrapped Matic WMATIC $ 0.0909
$ 12.94M
$ 12.94 million
+1.43%
26 Axelar Wrapped USDC AXLUSDC $ 0.990
$ 2.40M
$ 2.40 million
-1.24%
27 Wrapped NCG WNCG $ 0.00561
$ 1.80M
$ 1.80 million
-0.29%

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

28 Ethena Staked USDe sUSDe $ 3.59
$ 11.18B
$ 11.18 billion
-1.01%
29 Wrapped TRON WTRX $ 0.356
$ 1.41B
$ 1.41 billion
+26.27%
30 Solv BTC SOLVBTC $ 74,692.77
$ 481.00M
$ 481.00 million
-3.03%
31 Jupiter Staked SOL JUPSOL $ 100.78
$ 432.23M
$ 432.23 million
+0.26%
32 BybitSOL BBSOL $ 97.28
$ 112.25M
$ 112.25 million
+0.21%
33 Wrapped TAO WTAO $ 261.96
$ 28.68M
$ 28.68 million
+1.72%
34 ckBTC ckBTC $ 77,315.11
$ 14.87M
$ 14.87 million
+1.36%
35 renBTC RENBTC $ 15,377.57
$ 4.68M
$ 4.68 million
-14.72%
36 ckUSDC CKUSDC $ 0.996
$ 2.04M
$ 2.04 million
+1.09%
37 ckETH ckETH $ 2,143.97
$ 1.33M
$ 1.33 million
+2.04%
38 ckOCT CKOCT $ 0.00520
$ 92.07T
$ 92.07 trillion
+105.65%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,439.85
$ 29.92T
$ 29.92 trillion
-7.83%
40 Wrapped BTC (BitGo) WBTC $ 76,870.73
$ 9.10B
$ 9.10 billion
+0.58%
41 USDC (BASE) USDC $ 0.996
$ 4.32B
$ 4.32 billion
-0.68%
42 Wrapped Binance Beacon ETH WBETH $ 2,319.80
$ 2.88B
$ 2.88 billion
+0.09%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.996
$ 1.28B
$ 1.28 billion
-0.94%
44 USDC (Avalance) USDC $ 1.00
$ 721.84M
$ 721.84 million
+0.18%
45 Wrapped BTC (Wormhole) WBTC $ 76,703.24
$ 230.89M
$ 230.89 million
+0.03%
46 Binance Wrapped BTC BBTC $ 77,038.90
$ 223.41M
$ 223.41 million
+0.16%
47 Gate Wrapped BTC GTBTC $ 77,074.75
$ 177.24M
$ 177.24 million
-0.17%
48 Wrapped Fantom WFTM $ 0.0498
$ 109.01M
$ 109.01 million
-4.84%
49 TRON peg TRX $ 0.355
$ 106.16M
$ 106.16 million
+0.04%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,278.07
$ 71.56M
$ 71.56 million
+1.94%
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Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.288
$ 166.20M
$ 166.20 million
+5.04%
Wrapped Matic WMATIC $ 0.0909
$ 12.94M
$ 12.94 million
+1.43%
Wrapped AVAX WAVAX $ 9.22
$ 148.78M
$ 148.78 million
+1.22%
Rocket Pool ETH RETH $ 2,478.85
$ 826.20M
$ 826.20 million
+0.53%
Wrapped eETH weETH $ 2,331.19
$ 3.86B
$ 3.86 billion
+0.50%
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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