Wrapped coins 3 coins
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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 Price Market cap 24h 1 Lido Staked Ether stETH $ 1,922.12 $ 16.95B
$ 16.95 billion -3.48% 2 Wrapped BTC WBTC $ 66,215.00 $ 9.10B
$ 9.10 billion -2.33% 3 Binance-Peg BSC-USD BSC-USD $ 1.00 $ 9.00B
$ 9.00 billion +0.43% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,356.54 $ 7.52B
$ 7.52 billion -3.41% 5 Wrapped eETH weETH $ 2,094.69 $ 5.96B
$ 5.96 billion -3.13% 6 Wrapped Ether WETH $ 1,923.40 $ 5.11B
$ 5.11 billion -3.50% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.80B
$ 3.80 billion -0.13% 8 Coinbase Wrapped BTC CBBTC $ 66,380.25 $ 2.92B
$ 2.92 billion -2.18% 9 Bitcoin BEP2 BTCB $ 66,453.91 $ 2.59B
$ 2.59 billion -1.74% 10 Jito Staked SOL JITOSOL $ 101.68 $ 1.14B
$ 1.14 billion -3.37% 11 Binance Staked SOL BNSOL $ 87.98 $ 863.10M
$ 863.10 million -3.06% 12 Wrapped BNB WBNB $ 600.94 $ 846.88M
$ 846.88 million -2.66% 13 Rocket Pool ETH RETH $ 2,234.03 $ 801.76M
$ 801.76 million -2.87% 14 Lombard Staked Bitcoin LBTC $ 66,608.25 $ 705.00M
$ 705.00 million -1.52% 15 Mantle Staked Ether METH $ 2,082.59 $ 443.42M
$ 443.42 million -4.08% 16 tBTC v2 TBTC $ 66,263.76 $ 391.81M
$ 391.81 million -1.93% 17 Marinade staked SOL MSOL $ 109.38 $ 277.31M
$ 277.31 million -3.43% 18 Coinbase Wrapped Staked ETH CBETH $ 2,159.12 $ 271.47M
$ 271.47 million -3.58% 19 Wrapped Solana SOL $ 80.38 $ 150.24M
$ 150.24 million -3.27% 20 Wrapped AVAX WAVAX $ 8.84 $ 146.27M
$ 146.27 million -3.29% 21 BybitSOL BBSOL $ 91.48 $ 107.88M
$ 107.88 million -3.60% 22 Wrapped Centrifuge CFG $ 0.0780 $ 44.83M
$ 44.83 million -7.04% 23 Coinbase Wrapped XRP CBXRP $ 1.39 $ 29.54M
$ 29.54 million -5.56% 24 Wrapped TAO WTAO $ 174.77 $ 20.70M
$ 20.70 million -7.37% 25 Wrapped Matic WMATIC $ 0.105 $ 14.97M
$ 14.97 million -4.72% 26 Axelar Wrapped USDC AXLUSDC $ 1.00 $ 2.56M
$ 2.56 million +0.03% 27 Wrapped NCG WNCG $ 0.00581 $ 1.86M
$ 1.86 million -1.59%
The coins below are ranked lower due to missing data.
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28 Wrapped TRON WTRX $ 0.280 $ 3.59B
$ 3.59 billion -0.28% 29 Solv BTC SOLVBTC $ 67,471.18 $ 463.28M
$ 463.28 million +0.36% 30 Jupiter Staked SOL JUPSOL $ 94.32 $ 394.88M
$ 394.88 million -3.17% 31 Binance-Peg XRP Token XRP $ 1.40 $ 343.05M
$ 343.05 million -4.97% 32 Bitcoin Avalanche Bridged BTC.b $ 66,288.06 $ 254.80M
$ 254.80 million -2.20% 33 ckBTC ckBTC $ 65,299.76 $ 30.82M
$ 30.82 million -2.81% 34 Wrapped NXM WNXM $ 51.72 $ 24.99M
$ 24.99 million +2.08% 35 ckUSDC CKUSDC $ 0.994 $ 1.85M
$ 1.85 million -1.26% 36 ckETH ckETH $ 1,926.70 $ 1.19M
$ 1.19 million -2.88% 37 renBTC RENBTC $ 3,034.36 $ 923,958
$ 923,958 -3.37% 38 ckOCT CKOCT $ 0.00367 $ 65.01T
$ 65.01 trillion -7.58% 39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,933.76 $ 44.11T
$ 44.11 trillion -0.83% 40 Wrapped DOGE WDOGE $ 0.115 $ 14.89B
$ 14.89 billion +4.55% 41 USDC (BASE) USDC $ 1.00 $ 4.34B
$ 4.34 billion -0.05% 42 Wrapped Binance Beacon ETH WBETH $ 2,109.10 $ 2.75B
$ 2.75 billion -2.89% 43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00 $ 1.29B
$ 1.29 billion +0.38% 44 USDC (Avalance) USDC $ 1.000 $ 721.34M
$ 721.34 million -0.11% 45 Wrapped BTC (Wormhole) WBTC $ 66,278.73 $ 264.64M
$ 264.64 million -2.19% 46 Binance Wrapped BTC BBTC $ 66,062.94 $ 191.58M
$ 191.58 million -1.82% 47 Gate Wrapped BTC GTBTC $ 66,479.10 $ 152.93M
$ 152.93 million -2.11% 48 Umbrella Stake Wrapped Aave Ethereum USDT v1 stkwaEthUSDT.v1 $ 1.15 $ 122.52M
$ 122.52 million -0.00% 49 TRON peg TRX $ 0.280 $ 83.53M
$ 83.53 million -0.58% 50 Binance-Peg Bitcoin Cash Token BCH $ 728.20 $ 70.27M
$ 70.27 million +30.78%
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
Send original asset to custodian (BitGo, RenDAO) or smart-contract bridge.
Custody locks the asset in a multi-sig or MPC vault; emits event.
Mint wrapped token on destination chain (e.g. 1 BTC → 1 WBTC).
Use in DeFi – supply to Aave, swap on Uniswap, collateralise on Maker.
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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