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 $ 2,126.45
$ 18.85B
$ 18.85 billion
+0.50%
2 Wrapped BTC WBTC $ 77,200.59
$ 10.60B
$ 10.60 billion
+0.67%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,624.59
$ 8.83B
$ 8.83 billion
+0.66%
4 Binance-Peg BSC-USD BSC-USD $ 0.963
$ 8.66B
$ 8.66 billion
+1.23%
5 Wrapped Ether WETH $ 2,125.51
$ 5.65B
$ 5.65 billion
+0.48%
6 Wrapped eETH weETH $ 2,324.92
$ 3.82B
$ 3.82 billion
+0.63%
7 Bitcoin BEP2 BTCB $ 75,254.67
$ 3.17B
$ 3.17 billion
+1.52%
8 Coinbase Wrapped BTC CBBTC $ 77,414.43
$ 3.10B
$ 3.10 billion
+0.69%
9 Wrapped BNB WBNB $ 637.29
$ 1.10B
$ 1.10 billion
+2.01%
10 Binance Staked SOL BNSOL $ 95.83
$ 952.56M
$ 952.56 million
+1.87%
11 Jito Staked SOL JITOSOL $ 109.94
$ 872.83M
$ 872.83 million
+1.89%
12 Rocket Pool ETH RETH $ 2,474.01
$ 824.91M
$ 824.91 million
+0.44%
13 Lombard Staked Bitcoin LBTC $ 77,682.29
$ 823.24M
$ 823.24 million
+0.80%
14 Mantle Staked Ether METH $ 2,320.30
$ 490.18M
$ 490.18 million
+0.43%
15 tBTC v2 TBTC $ 77,370.55
$ 378.72M
$ 378.72 million
+0.71%
16 Binance-Peg XRP Token XRP $ 1.34
$ 305.28M
$ 305.28 million
+2.14%
17 Bitcoin Avalanche Bridged BTC.b $ 77,311.30
$ 297.20M
$ 297.20 million
+0.65%
18 Coinbase Wrapped Staked ETH CBETH $ 2,403.46
$ 280.83M
$ 280.83 million
+0.38%
19 Marinade staked SOL MSOL $ 118.45
$ 274.65M
$ 274.65 million
+1.91%
20 Wrapped Centrifuge CFG $ 0.309
$ 178.51M
$ 178.51 million
+13.62%
21 Wrapped AVAX WAVAX $ 9.25
$ 149.28M
$ 149.28 million
+1.55%
22 Wrapped Solana SOL $ 85.94
$ 128.91M
$ 128.91 million
+1.79%
23 Coinbase Wrapped XRP CBXRP $ 1.36
$ 100.79M
$ 100.79 million
+0.37%
24 Wrapped NXM WNXM $ 54.63
$ 23.55M
$ 23.55 million
+3.42%
25 Wrapped Matic WMATIC $ 0.0909
$ 12.93M
$ 12.93 million
+1.88%
26 Axelar Wrapped USDC AXLUSDC $ 0.987
$ 2.40M
$ 2.40 million
+0.85%
27 Wrapped NCG WNCG $ 0.00545
$ 1.75M
$ 1.75 million
-2.03%

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

28 Ethena Staked USDe sUSDe $ 3.60
$ 11.20B
$ 11.20 billion
-0.01%
29 Wrapped TRON WTRX $ 0.359
$ 1.42B
$ 1.42 billion
+0.95%
30 Solv BTC SOLVBTC $ 76,989.79
$ 487.32M
$ 487.32 million
+3.48%
31 Jupiter Staked SOL JUPSOL $ 101.97
$ 437.32M
$ 437.32 million
+1.86%
32 BybitSOL BBSOL $ 98.92
$ 113.81M
$ 113.81 million
+1.69%
33 Wrapped TAO WTAO $ 272.07
$ 29.52M
$ 29.52 million
+6.03%
34 ckBTC ckBTC $ 76,964.04
$ 14.81M
$ 14.81 million
-0.71%
35 renBTC RENBTC $ 17,988.29
$ 5.48M
$ 5.48 million
+4.19%
36 ckUSDC CKUSDC $ 0.999
$ 2.04M
$ 2.04 million
-0.26%
37 ckETH ckETH $ 2,118.62
$ 1.31M
$ 1.31 million
+0.18%
38 ckOCT CKOCT $ 0.00404
$ 71.58T
$ 71.58 trillion
-21.86%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,558.97
$ 30.72T
$ 30.72 trillion
+3.20%
40 Wrapped BTC (BitGo) WBTC $ 77,111.14
$ 9.13B
$ 9.13 billion
+0.61%
41 USDC (BASE) USDC $ 0.999
$ 4.34B
$ 4.34 billion
+0.22%
42 Wrapped Binance Beacon ETH WBETH $ 2,332.93
$ 2.89B
$ 2.89 billion
+0.50%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.957
$ 1.23B
$ 1.23 billion
-1.96%
44 USDC (Avalance) USDC $ 0.995
$ 717.81M
$ 717.81 million
-0.45%
45 Wrapped BTC (Wormhole) WBTC $ 77,185.00
$ 232.32M
$ 232.32 million
+0.78%
46 Binance Wrapped BTC BBTC $ 77,406.47
$ 224.48M
$ 224.48 million
+0.77%
47 Gate Wrapped BTC GTBTC $ 77,716.10
$ 178.71M
$ 178.71 million
+0.80%
48 Wrapped Fantom WFTM $ 0.0498
$ 108.91M
$ 108.91 million
-0.28%
49 TRON peg TRX $ 0.360
$ 107.39M
$ 107.39 million
+1.69%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,015.02
$ 63.29M
$ 63.29 million
-11.13%
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Trending Wrapped coins

Top Gainers

Coins Live Price Market cap 24h
Wrapped Centrifuge CFG $ 0.309
$ 178.51M
$ 178.51 million
+13.62%
Wrapped NXM WNXM $ 54.63
$ 23.55M
$ 23.55 million
+3.42%
Binance-Peg XRP Token XRP $ 1.34
$ 305.28M
$ 305.28 million
+2.14%
Wrapped BNB WBNB $ 637.29
$ 1.10B
$ 1.10 billion
+2.01%
Marinade staked SOL MSOL $ 118.45
$ 274.65M
$ 274.65 million
+1.91%
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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