Wrapped coins

214 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 $ 2,316.72
$ 21.71B
$ 21.71 billion
-2.84%
2 Wrapped BTC WBTC $ 77,337.26
$ 10.63B
$ 10.63 billion
-0.70%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,862.78
$ 9.75B
$ 9.75 billion
-2.60%
4 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.19%
5 Wrapped Ether WETH $ 2,322.97
$ 6.18B
$ 6.18 billion
-2.89%
6 Wrapped eETH weETH $ 2,539.08
$ 5.62B
$ 5.62 billion
-2.49%
7 Bitcoin BEP2 BTCB $ 77,647.92
$ 3.27B
$ 3.27 billion
-0.53%
8 Coinbase Wrapped BTC CBBTC $ 77,633.86
$ 2.87B
$ 2.87 billion
-0.63%
9 Wrapped BNB WBNB $ 634.46
$ 1.09B
$ 1.09 billion
-1.21%
10 Jito Staked SOL JITOSOL $ 108.99
$ 982.91M
$ 982.91 million
-3.31%
11 Rocket Pool ETH RETH $ 2,717.47
$ 911.62M
$ 911.62 million
-1.96%
12 Lombard Staked Bitcoin LBTC $ 77,904.67
$ 826.33M
$ 826.33 million
-0.42%
13 Mantle Staked Ether METH $ 2,532.71
$ 674.77M
$ 674.77 million
-2.63%
14 Solv BTC SOLVBTC $ 77,703.29
$ 491.81M
$ 491.81 million
-0.33%
15 tBTC v2 TBTC $ 77,452.15
$ 446.54M
$ 446.54 million
-0.64%
16 Binance-Peg XRP Token XRP $ 1.42
$ 324.05M
$ 324.05 million
-2.15%
17 Coinbase Wrapped Staked ETH CBETH $ 2,613.14
$ 310.91M
$ 310.91 million
-2.91%
18 Bitcoin Avalanche Bridged BTC.b $ 77,626.81
$ 298.36M
$ 298.36 million
-0.41%
19 Marinade staked SOL MSOL $ 117.58
$ 238.82M
$ 238.82 million
-3.11%
20 Wrapped AVAX WAVAX $ 9.27
$ 147.41M
$ 147.41 million
-3.21%
21 Wrapped Centrifuge CFG $ 0.246
$ 141.74M
$ 141.74 million
-0.72%
22 Wrapped Solana SOL $ 85.59
$ 128.39M
$ 128.39 million
-3.38%
23 Coinbase Wrapped XRP CBXRP $ 1.42
$ 86.32M
$ 86.32 million
-2.57%
24 Wrapped NXM WNXM $ 55.11
$ 26.13M
$ 26.13 million
-2.50%
25 Wrapped Matic WMATIC $ 0.0933
$ 13.27M
$ 13.27 million
-1.43%
26 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.48M
$ 2.48 million
+0.06%

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

27 Ethena Staked USDe sUSDe $ 2.89
$ 9.00B
$ 9.00 billion
-1.97%
28 Binance Staked SOL BNSOL $ 94.84
$ 883.27M
$ 883.27 million
-3.34%
29 Jupiter Staked SOL JUPSOL $ 101.14
$ 432.61M
$ 432.61 million
-3.29%
30 BybitSOL BBSOL $ 98.09
$ 98.33M
$ 98.33 million
-3.35%
31 Wrapped TAO WTAO $ 240.25
$ 26.75M
$ 26.75 million
-3.21%
32 ckBTC ckBTC $ 77,081.59
$ 22.38M
$ 22.38 million
-2.84%
33 renBTC RENBTC $ 13,890.60
$ 4.23M
$ 4.23 million
-4.30%
34 Wrapped NCG WNCG $ 0.00534
$ 1.71M
$ 1.71 million
-0.37%
35 ckUSDC CKUSDC $ 1.00
$ 1.58M
$ 1.58 million
-0.52%
36 ckETH ckETH $ 2,322.61
$ 1.44M
$ 1.44 million
-4.08%
37 ckOCT CKOCT $ 0.0115
$ 203.94T
$ 203.94 trillion
+13.33%
38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,625.06
$ 31.16T
$ 31.16 trillion
-1.90%
39 Wrapped BTC (BitGo) WBTC $ 77,823.16
$ 9.31B
$ 9.31 billion
+0.19%
40 USDC (BASE) USDC $ 0.998
$ 4.33B
$ 4.33 billion
+0.34%
41 Wrapped Binance Beacon ETH WBETH $ 2,541.44
$ 3.29B
$ 3.29 billion
-3.01%
42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.000
$ 1.29B
$ 1.29 billion
+0.05%
43 USDC (Avalance) USDC $ 0.999
$ 720.88M
$ 720.88 million
+0.43%
44 Wrapped BTC (Wormhole) WBTC $ 77,497.79
$ 245.93M
$ 245.93 million
-0.61%
45 Binance Wrapped BTC BBTC $ 77,637.17
$ 225.15M
$ 225.15 million
-0.52%
46 Gate Wrapped BTC GTBTC $ 77,829.37
$ 178.96M
$ 178.96 million
-0.76%
47 TRON peg TRX $ 0.328
$ 97.85M
$ 97.85 million
-1.63%
48 Binance-Peg Bitcoin Cash Token BCH $ 456.26
$ 44.03M
$ 44.03 million
-2.99%
49 Wrapped BTC WBTC.E $ 77,498.52
$ 33.94M
$ 33.94 million
-0.23%
50 Wrapped XRP WXRP $ 1.41
$ 25.25M
$ 25.25 million
-4.30%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.19%
Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.48M
$ 2.48 million
+0.06%
Solv BTC SOLVBTC $ 77,703.29
$ 491.81M
$ 491.81 million
-0.33%
Bitcoin Avalanche Bridged BTC.b $ 77,626.81
$ 298.36M
$ 298.36 million
-0.41%
Lombard Staked Bitcoin LBTC $ 77,904.67
$ 826.33M
$ 826.33 million
-0.42%
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