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 Live Price Market cap 24h
1 Lido Staked Ether stETH $ 1,770.40
$ 15.74B
$ 15.74 billion
-5.54%
2 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.99B
$ 8.99 billion
+0.13%
3 Wrapped BTC WBTC $ 63,345.87
$ 8.70B
$ 8.70 billion
-5.38%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,190.51
$ 7.66B
$ 7.66 billion
-5.51%
5 Wrapped Ether WETH $ 1,772.08
$ 4.71B
$ 4.71 billion
-5.49%
6 Wrapped eETH weETH $ 1,943.71
$ 3.07B
$ 3.07 billion
-5.33%
7 Coinbase Wrapped BTC CBBTC $ 63,411.41
$ 2.81B
$ 2.81 billion
-5.36%
8 Bitcoin BEP2 BTCB $ 63,449.05
$ 2.68B
$ 2.68 billion
-5.29%
9 Wrapped BNB WBNB $ 600.37
$ 1.04B
$ 1.04 billion
-6.68%
10 Binance Staked SOL BNSOL $ 76.90
$ 764.86M
$ 764.86 million
-8.07%
11 Rocket Pool ETH RETH $ 2,070.86
$ 689.34M
$ 689.34 million
-5.21%
12 Lombard Staked Bitcoin LBTC $ 63,970.62
$ 676.58M
$ 676.58 million
-5.16%
13 Jito Staked SOL JITOSOL $ 88.48
$ 671.53M
$ 671.53 million
-7.96%
14 Mantle Staked Ether METH $ 1,948.89
$ 409.40M
$ 409.40 million
-4.93%
15 Jupiter Staked SOL JUPSOL $ 81.84
$ 351.01M
$ 351.01 million
-8.25%
16 tBTC v2 TBTC $ 63,472.04
$ 305.01M
$ 305.01 million
-5.43%
17 Binance-Peg XRP Token XRP $ 1.17
$ 264.27M
$ 264.27 million
-6.33%
18 Bitcoin Avalanche Bridged BTC.b $ 63,448.78
$ 243.88M
$ 243.88 million
-5.39%
19 Coinbase Wrapped Staked ETH CBETH $ 2,005.13
$ 234.31M
$ 234.31 million
-5.47%
20 Marinade staked SOL MSOL $ 95.33
$ 221.05M
$ 221.05 million
-7.99%
21 Wrapped Centrifuge CFG $ 0.239
$ 137.68M
$ 137.68 million
-8.61%
22 Wrapped AVAX WAVAX $ 7.78
$ 125.51M
$ 125.51 million
-6.42%
23 Wrapped Solana SOL $ 69.02
$ 103.52M
$ 103.52 million
-7.91%
24 Coinbase Wrapped XRP CBXRP $ 1.17
$ 95.60M
$ 95.60 million
-5.97%
25 Wrapped Matic WMATIC $ 0.0907
$ 12.90M
$ 12.90 million
-2.94%
26 Axelar Wrapped USDC AXLUSDC $ 0.998
$ 2.42M
$ 2.42 million
-0.19%
27 Wrapped NCG WNCG $ 0.00585
$ 1.87M
$ 1.87 million
-4.89%

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

28 Ethena Staked USDe sUSDe $ 3.40
$ 10.61B
$ 10.61 billion
+2.27%
29 Wrapped TRON WTRX $ 0.332
$ 1.31B
$ 1.31 billion
-0.59%
30 Solv BTC SOLVBTC $ 63,495.39
$ 401.43M
$ 401.43 million
-5.43%
31 BybitSOL BBSOL $ 79.39
$ 91.34M
$ 91.34 million
-8.11%
32 Wrapped TAO WTAO $ 216.49
$ 23.20M
$ 23.20 million
-7.14%
33 Wrapped NXM WNXM $ 46.98
$ 20.03M
$ 20.03 million
-3.05%
34 ckBTC ckBTC $ 63,032.05
$ 12.13M
$ 12.13 million
-6.70%
35 renBTC RENBTC $ 14,493.22
$ 4.41M
$ 4.41 million
+11.73%
36 ckUSDC CKUSDC $ 0.981
$ 2.00M
$ 2.00 million
-1.82%
37 ckETH ckETH $ 1,754.75
$ 1.08M
$ 1.08 million
-6.32%
38 ckOCT CKOCT $ 0.00571
$ 101.08T
$ 101.08 trillion
-7.93%
39 Wrapped DOGE WDOGE $ 0.0893
$ 11.53B
$ 11.53 billion
-3.20%
40 Wrapped BTC (BitGo) WBTC $ 63,648.34
$ 7.41B
$ 7.41 billion
-4.70%
41 USDC (BASE) USDC $ 0.999
$ 4.34B
$ 4.34 billion
-0.18%
42 Wrapped Binance Beacon ETH WBETH $ 1,948.49
$ 2.41B
$ 2.41 billion
-5.51%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.12%
44 USDC (Avalance) USDC $ 0.999
$ 720.74M
$ 720.74 million
+0.17%
45 Wrapped BTC (Wormhole) WBTC $ 63,334.08
$ 190.63M
$ 190.63 million
-5.27%
46 Binance Wrapped BTC BBTC $ 63,689.07
$ 184.70M
$ 184.70 million
-5.19%
47 Gate Wrapped BTC GTBTC $ 63,706.40
$ 146.50M
$ 146.50 million
-5.41%
48 TRON peg TRX $ 0.331
$ 98.89M
$ 98.89 million
-0.46%
49 Wrapped Fantom WFTM $ 0.0446
$ 97.49M
$ 97.49 million
-3.19%
50 Kelp DAO Wrapped rsETH WRSETH $ 1,877.35
$ 58.96M
$ 58.96 million
-5.78%
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Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.99B
$ 8.99 billion
+0.13%
Axelar Wrapped USDC AXLUSDC $ 0.998
$ 2.42M
$ 2.42 million
-0.19%
Wrapped Matic WMATIC $ 0.0907
$ 12.90M
$ 12.90 million
-2.94%
Wrapped NCG WNCG $ 0.00585
$ 1.87M
$ 1.87 million
-4.89%
Mantle Staked Ether METH $ 1,948.89
$ 409.40M
$ 409.40 million
-4.93%
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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