Wrapped coins

0 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 $ 2,041.12
$ 18.01B
$ 18.01 billion
+5.26%
2 Wrapped BTC WBTC $ 68,859.44
$ 9.46B
$ 9.46 billion
+3.32%
3 Binance-Peg BSC-USD BSC-USD $ 0.999
$ 8.97B
$ 8.97 billion
+0.04%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,498.86
$ 7.98B
$ 7.98 billion
+5.24%
5 Wrapped eETH weETH $ 2,218.13
$ 6.31B
$ 6.31 billion
+4.94%
6 Wrapped Ether WETH $ 2,042.30
$ 5.43B
$ 5.43 billion
+5.49%
7 Ethena Staked USDe sUSDe $ 1.21
$ 3.65B
$ 3.65 billion
-0.36%
8 Coinbase Wrapped BTC CBBTC $ 68,988.40
$ 3.03B
$ 3.03 billion
+3.13%
9 Bitcoin BEP2 BTCB $ 68,975.29
$ 2.69B
$ 2.69 billion
+3.47%
10 Jito Staked SOL JITOSOL $ 108.45
$ 1.22B
$ 1.22 billion
+4.35%
11 Wrapped BNB WBNB $ 638.65
$ 900.14M
$ 900.14 million
+0.07%
12 Rocket Pool ETH RETH $ 2,360.37
$ 847.10M
$ 847.10 million
+5.30%
13 Lombard Staked Bitcoin LBTC $ 69,062.33
$ 728.87M
$ 728.87 million
+2.82%
14 Solv BTC SOLVBTC $ 69,114.26
$ 573.22M
$ 573.22 million
+2.96%
15 Mantle Staked Ether METH $ 2,217.39
$ 472.02M
$ 472.02 million
+5.28%
16 tBTC v2 TBTC $ 68,777.31
$ 406.67M
$ 406.67 million
+2.75%
17 Marinade staked SOL MSOL $ 116.63
$ 295.16M
$ 295.16 million
+4.30%
18 Coinbase Wrapped Staked ETH CBETH $ 2,287.96
$ 287.68M
$ 287.68 million
+5.61%
19 Bitcoin Avalanche Bridged BTC.b $ 68,877.61
$ 264.76M
$ 264.76 million
+2.56%
20 Wrapped Solana SOL $ 86.19
$ 161.11M
$ 161.11 million
+4.82%
21 Wrapped AVAX WAVAX $ 9.13
$ 151.04M
$ 151.04 million
+4.12%
22 BybitSOL BBSOL $ 97.40
$ 137.93M
$ 137.93 million
+4.69%
23 Wrapped Centrifuge CFG $ 0.0773
$ 44.38M
$ 44.38 million
+3.25%
24 Coinbase Wrapped XRP CBXRP $ 1.41
$ 30.02M
$ 30.02 million
-0.24%
25 Wrapped Matic WMATIC $ 0.0972
$ 13.84M
$ 13.84 million
+1.98%
26 Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.56M
$ 2.56 million
+0.10%
27 Wrapped NCG WNCG $ 0.00588
$ 1.88M
$ 1.88 million
+0.40%

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

28 Binance-Peg XRP Token XRP $ 17,082.05
$ 4.19T
$ 4.19 trillion
+20.23%
29 Wrapped TRON WTRX $ 0.276
$ 3.53B
$ 3.53 billion
+2.20%
30 Binance Staked SOL BNSOL $ 94.41
$ 926.19M
$ 926.19 million
+5.32%
31 Jupiter Staked SOL JUPSOL $ 100.46
$ 420.50M
$ 420.50 million
+4.07%
32 ckBTC ckBTC $ 68,850.77
$ 32.50M
$ 32.50 million
+2.45%
33 Wrapped NXM WNXM $ 55.06
$ 26.62M
$ 26.62 million
+10.95%
34 Wrapped TAO WTAO $ 164.88
$ 19.52M
$ 19.52 million
-2.56%
35 ckUSDC CKUSDC $ 1.000
$ 1.86M
$ 1.86 million
-0.17%
36 ckETH ckETH $ 2,041.01
$ 1.26M
$ 1.26 million
+4.76%
37 renBTC RENBTC $ 3,254.65
$ 991,034
$ 991,034
+3.88%
38 ckOCT CKOCT $ 0.0101
$ 178.35T
$ 178.35 trillion
-16.25%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,954.14
$ 44.30T
$ 44.30 trillion
+0.13%
40 Wrapped DOGE WDOGE $ 0.108
$ 14.00B
$ 14.00 billion
-1.59%
41 USDC (BASE) USDC $ 1.00
$ 4.34B
$ 4.34 billion
-0.06%
42 Wrapped Binance Beacon ETH WBETH $ 2,223.15
$ 2.89B
$ 2.89 billion
+5.70%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.04%
44 USDC (Avalance) USDC $ 1.00
$ 722.70M
$ 722.70 million
-0.13%
45 Wrapped BTC (Wormhole) WBTC $ 68,806.50
$ 275.04M
$ 275.04 million
+2.70%
46 Binance Wrapped BTC BBTC $ 69,009.86
$ 200.13M
$ 200.13 million
+2.67%
47 Gate Wrapped BTC GTBTC $ 69,178.67
$ 159.07M
$ 159.07 million
+3.42%
48 Wrapped Fantom WFTM $ 0.0599
$ 131.07M
$ 131.07 million
-3.81%
49 Umbrella Stake Wrapped Aave Ethereum USDT v1 stkwaEthUSDT.v1 $ 1.15
$ 122.50M
$ 122.50 million
-0.38%
50 TRON peg TRX $ 0.275
$ 82.04M
$ 82.04 million
+2.14%
Download

Trending Wrapped coins

Top gainers
Coins Price Market cap 24h
Coinbase Wrapped Staked ETH CBETH $ 2,287.96
$ 287.68M
$ 287.68 million
+5.61%
Wrapped Ether WETH $ 2,042.30
$ 5.43B
$ 5.43 billion
+5.49%
Rocket Pool ETH RETH $ 2,360.37
$ 847.10M
$ 847.10 million
+5.30%
Mantle Staked Ether METH $ 2,217.39
$ 472.02M
$ 472.02 million
+5.28%
Lido Staked Ether stETH $ 2,041.12
$ 18.01B
$ 18.01 billion
+5.26%
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