Wrapped coins

219 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 $ 2,284.59
$ 20.62B
$ 20.62 billion
-2.01%
2 Wrapped BTC WBTC $ 79,565.12
$ 10.93B
$ 10.93 billion
-1.77%
3 Wrapped liquid staked Ether 2.0 wstETH $ 2,818.59
$ 9.53B
$ 9.53 billion
-2.04%
4 Binance-Peg BSC-USD BSC-USD $ 1.01
$ 9.04B
$ 9.04 billion
+4.29%
5 Wrapped Ether WETH $ 2,284.64
$ 6.07B
$ 6.07 billion
-2.09%
6 Wrapped eETH weETH $ 2,496.76
$ 4.88B
$ 4.88 billion
-1.84%
7 Bitcoin BEP2 BTCB $ 79,406.61
$ 3.35B
$ 3.35 billion
+0.49%
8 Coinbase Wrapped BTC CBBTC $ 79,778.61
$ 2.93B
$ 2.93 billion
-1.82%
9 Wrapped BNB WBNB $ 613.97
$ 1.06B
$ 1.06 billion
-0.94%
10 Binance Staked SOL BNSOL $ 97.89
$ 911.71M
$ 911.71 million
-0.13%
11 Jito Staked SOL JITOSOL $ 112.59
$ 893.90M
$ 893.90 million
-0.02%
12 Rocket Pool ETH RETH $ 2,660.43
$ 889.17M
$ 889.17 million
-1.88%
13 Lombard Staked Bitcoin LBTC $ 80,036.42
$ 848.45M
$ 848.45 million
-1.73%
14 Mantle Staked Ether METH $ 2,498.63
$ 534.64M
$ 534.64 million
-1.79%
15 Jupiter Staked SOL JUPSOL $ 104.53
$ 447.12M
$ 447.12 million
-0.06%
16 tBTC v2 TBTC $ 79,738.63
$ 423.43M
$ 423.43 million
-1.70%
17 Binance-Peg XRP Token XRP $ 1.36
$ 309.70M
$ 309.70 million
-0.75%
18 Bitcoin Avalanche Bridged BTC.b $ 79,973.10
$ 307.43M
$ 307.43 million
-1.39%
19 Coinbase Wrapped Staked ETH CBETH $ 2,576.99
$ 300.71M
$ 300.71 million
-2.06%
20 Marinade staked SOL MSOL $ 121.34
$ 281.30M
$ 281.30 million
-0.14%
21 Wrapped Centrifuge CFG $ 0.288
$ 165.93M
$ 165.93 million
+4.39%
22 Wrapped AVAX WAVAX $ 9.51
$ 153.39M
$ 153.39 million
-0.41%
23 Wrapped Solana SOL $ 88.17
$ 132.26M
$ 132.26 million
-0.05%
24 Wrapped NXM WNXM $ 59.28
$ 25.78M
$ 25.78 million
-1.74%
25 Wrapped Matic WMATIC $ 0.0987
$ 14.05M
$ 14.05 million
+0.24%
26 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.49M
$ 2.49 million
+3.26%

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

27 Ethena Staked USDe sUSDe $ 3.91
$ 12.19B
$ 12.19 billion
+0.11%
28 Solv BTC SOLVBTC $ 79,285.70
$ 501.00M
$ 501.00 million
-9.45%
29 BybitSOL BBSOL $ 101.42
$ 110.86M
$ 110.86 million
-0.11%
30 Coinbase Wrapped XRP CBXRP $ 1.38
$ 88.80M
$ 88.80 million
-2.38%
31 Wrapped TAO WTAO $ 300.58
$ 32.61M
$ 32.61 million
-2.45%
32 ckBTC ckBTC $ 79,031.63
$ 22.94M
$ 22.94 million
-0.30%
33 renBTC RENBTC $ 15,000.60
$ 4.57M
$ 4.57 million
-7.85%
34 Wrapped NCG WNCG $ 0.00551
$ 1.76M
$ 1.76 million
-0.31%
35 ckUSDC CKUSDC $ 0.989
$ 1.56M
$ 1.56 million
+0.61%
36 ckETH ckETH $ 2,263.28
$ 1.40M
$ 1.40 million
-1.44%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,501.53
$ 30.33T
$ 30.33 trillion
-0.35%
38 Wrapped Banano WBAN $ 1,938.73
$ 71.87B
$ 71.87 billion
+4.83%
39 Wrapped DOGE WDOGE $ 0.108
$ 13.89B
$ 13.89 billion
-3.23%
40 Wrapped BTC (BitGo) WBTC $ 79,628.86
$ 9.43B
$ 9.43 billion
-1.57%
41 USDC (BASE) USDC $ 0.999
$ 4.34B
$ 4.34 billion
-0.18%
42 Wrapped Binance Beacon ETH WBETH $ 2,502.33
$ 3.24B
$ 3.24 billion
-2.17%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.969
$ 1.25B
$ 1.25 billion
-14.23%
44 USDC (Avalance) USDC $ 1.000
$ 721.41M
$ 721.41 million
+0.27%
45 Wrapped BTC (Wormhole) WBTC $ 79,568.59
$ 252.51M
$ 252.51 million
-1.76%
46 Binance Wrapped BTC BBTC $ 79,765.06
$ 231.32M
$ 231.32 million
-1.56%
47 Gate Wrapped BTC GTBTC $ 80,003.23
$ 183.98M
$ 183.98 million
-1.74%
48 TRON peg TRX $ 0.347
$ 103.77M
$ 103.77 million
+0.42%
49 Wrapped Fantom WFTM $ 0.0473
$ 103.49M
$ 103.49 million
+1.34%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,214.33
$ 69.55M
$ 69.55 million
-2.03%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.288
$ 165.93M
$ 165.93 million
+4.39%
Binance-Peg BSC-USD BSC-USD $ 1.01
$ 9.04B
$ 9.04 billion
+4.29%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.49M
$ 2.49 million
+3.26%
Bitcoin BEP2 BTCB $ 79,406.61
$ 3.35B
$ 3.35 billion
+0.49%
Wrapped Matic WMATIC $ 0.0987
$ 14.05M
$ 14.05 million
+0.24%
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