Wrapped coins

3 coins #18

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 $ 2,021.66
$ 17.83B
$ 17.83 billion
-2.35%
2 Wrapped BTC WBTC $ 67,073.13
$ 9.22B
$ 9.22 billion
-2.60%
3 Binance-Peg BSC-USD BSC-USD $ 0.987
$ 8.87B
$ 8.87 billion
-1.32%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,481.26
$ 7.92B
$ 7.92 billion
-2.37%
5 Wrapped eETH weETH $ 2,204.12
$ 6.27B
$ 6.27 billion
-2.36%
6 Wrapped Ether WETH $ 2,037.88
$ 5.42B
$ 5.42 billion
-1.72%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.80B
$ 3.80 billion
+0.07%
8 Coinbase Wrapped BTC CBBTC $ 67,310.67
$ 2.96B
$ 2.96 billion
-2.47%
9 Bitcoin BEP2 BTCB $ 67,217.02
$ 2.62B
$ 2.62 billion
-2.61%
10 Jito Staked SOL JITOSOL $ 108.54
$ 1.22B
$ 1.22 billion
-4.13%
11 Wrapped BNB WBNB $ 620.44
$ 874.36M
$ 874.36 million
-1.67%
12 Lombard Staked Bitcoin LBTC $ 67,404.15
$ 712.57M
$ 712.57 million
-2.71%
13 Mantle Staked Ether METH $ 2,195.20
$ 467.40M
$ 467.40 million
-2.53%
14 tBTC v2 TBTC $ 67,519.23
$ 399.23M
$ 399.23 million
-2.09%
15 Marinade staked SOL MSOL $ 115.77
$ 292.98M
$ 292.98 million
-5.03%
16 Coinbase Wrapped Staked ETH CBETH $ 2,240.60
$ 281.72M
$ 281.72 million
-3.65%
17 Wrapped Solana SOL $ 86.02
$ 160.78M
$ 160.78 million
-4.03%
18 Wrapped AVAX WAVAX $ 9.31
$ 153.96M
$ 153.96 million
-3.89%
19 BybitSOL BBSOL $ 96.55
$ 112.43M
$ 112.43 million
-5.22%
20 Wrapped Centrifuge CFG $ 0.158
$ 90.63M
$ 90.63 million
+74.18%
21 Wrapped Matic WMATIC $ 0.109
$ 15.48M
$ 15.48 million
-7.09%
22 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
-0.03%

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

23 Wrapped TRON WTRX $ 0.286
$ 3.66B
$ 3.66 billion
+0.08%
24 Binance Staked SOL BNSOL $ 94.60
$ 928.04M
$ 928.04 million
-3.85%
25 Rocket Pool ETH RETH $ 2,348.65
$ 843.10M
$ 843.10 million
-2.27%
26 Jupiter Staked SOL JUPSOL $ 100.63
$ 421.81M
$ 421.81 million
-3.94%
27 Binance-Peg XRP Token XRP $ 1.42
$ 347.54M
$ 347.54 million
-3.35%
28 Bitcoin Avalanche Bridged BTC.b $ 66,902.04
$ 257.16M
$ 257.16 million
-3.00%
29 ckBTC ckBTC $ 67,681.38
$ 31.95M
$ 31.95 million
-3.68%
30 Coinbase Wrapped XRP CBXRP $ 1.40
$ 29.84M
$ 29.84 million
-4.36%
31 Wrapped NXM WNXM $ 51.77
$ 25.09M
$ 25.09 million
+1.73%
32 Wrapped TAO WTAO $ 192.07
$ 22.74M
$ 22.74 million
+5.10%
33 ckUSDC CKUSDC $ 1.00
$ 1.86M
$ 1.86 million
-2.88%
34 Wrapped NCG WNCG $ 0.00548
$ 1.76M
$ 1.76 million
-0.28%
35 ckETH ckETH $ 2,027.02
$ 1.25M
$ 1.25 million
-4.32%
36 renBTC RENBTC $ 3,117.90
$ 949,396
$ 949,396
-2.28%
37 ckOCT CKOCT $ 0.00552
$ 97.76T
$ 97.76 trillion
+9.07%
38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,728.90
$ 42.28T
$ 42.28 trillion
-5.95%
39 Wrapped DOGE WDOGE $ 0.113
$ 14.58B
$ 14.58 billion
-3.57%
40 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
+0.03%
41 Wrapped Binance Beacon ETH WBETH $ 2,205.61
$ 2.87B
$ 2.87 billion
-2.31%
42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.989
$ 1.27B
$ 1.27 billion
-1.14%
43 USDC (Avalance) USDC $ 1.00
$ 722.28M
$ 722.28 million
+0.19%
44 Wrapped BTC (Wormhole) WBTC $ 67,178.44
$ 268.54M
$ 268.54 million
-2.62%
45 Binance Wrapped BTC BBTC $ 67,295.46
$ 195.16M
$ 195.16 million
-2.67%
46 Gate Wrapped BTC GTBTC $ 67,398.17
$ 154.99M
$ 154.99 million
-2.85%
47 Wrapped Fantom WFTM $ 0.0480
$ 104.98M
$ 104.98 million
-3.56%
48 ETH by Sui Bridge ETH $ 2,021.45
$ 27.80M
$ 27.80 million
-2.42%
49 Wrapped Axelar WAXL $ 0.0573
$ 14.77M
$ 14.77 million
-3.28%
50 Wrapped QUIL wQUIL $ 0.0138
$ 12.42M
$ 12.42 million
-15.03%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped Centrifuge CFG $ 0.158
$ 90.63M
$ 90.63 million
+74.18%
Ethena Staked USDe sUSDe $ 1.22
$ 3.80B
$ 3.80 billion
+0.07%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
-0.03%
Binance-Peg BSC-USD BSC-USD $ 0.987
$ 8.87B
$ 8.87 billion
-1.32%
Wrapped BNB WBNB $ 620.44
$ 874.36M
$ 874.36 million
-1.67%
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