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 $ 2,033.26 $ 17.93B
$ 17.93 billion +0.70% 2 Wrapped BTC WBTC $ 69,907.46 $ 9.61B
$ 9.61 billion +1.18% 3 Binance-Peg BSC-USD BSC-USD $ 0.997 $ 8.96B
$ 8.96 billion -0.23% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,500.11 $ 7.98B
$ 7.98 billion +0.87% 5 Wrapped eETH weETH $ 2,216.46 $ 6.30B
$ 6.30 billion +0.84% 6 Wrapped Ether WETH $ 2,036.43 $ 5.41B
$ 5.41 billion +0.81% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.81B
$ 3.81 billion +0.03% 8 Coinbase Wrapped BTC CBBTC $ 70,067.02 $ 3.08B
$ 3.08 billion +1.15% 9 Bitcoin BEP2 BTCB $ 69,916.41 $ 2.94B
$ 2.94 billion +0.95% 10 Jito Staked SOL JITOSOL $ 108.91 $ 1.22B
$ 1.22 billion +0.58% 11 Binance Staked SOL BNSOL $ 94.86 $ 930.58M
$ 930.58 million +0.39% 12 Wrapped BNB WBNB $ 642.91 $ 906.00M
$ 906.00 million +0.68% 13 Rocket Pool ETH RETH $ 2,361.52 $ 847.51M
$ 847.51 million +1.22% 14 Lombard Staked Bitcoin LBTC $ 70,301.33 $ 743.53M
$ 743.53 million +2.28% 15 Solv BTC SOLVBTC $ 69,876.68 $ 445.34M
$ 445.34 million +1.48% 16 Jupiter Staked SOL JUPSOL $ 100.93 $ 422.69M
$ 422.69 million +0.51% 17 tBTC v2 TBTC $ 69,931.16 $ 413.50M
$ 413.50 million +1.18% 18 Binance-Peg XRP Token XRP $ 1.39 $ 340.22M
$ 340.22 million +1.23% 19 Coinbase Wrapped Staked ETH CBETH $ 2,290.22 $ 287.95M
$ 287.95 million +0.83% 20 Bitcoin Avalanche Bridged BTC.b $ 70,061.04 $ 269.31M
$ 269.31 million +1.14% 21 Marinade staked SOL MSOL $ 117.23 $ 244.30M
$ 244.30 million +0.60% 22 Wrapped Solana SOL $ 86.09 $ 160.92M
$ 160.92 million +0.32% 23 Wrapped AVAX WAVAX $ 9.54 $ 157.79M
$ 157.79 million +2.07% 24 BybitSOL BBSOL $ 97.73 $ 114.86M
$ 114.86 million -0.04% 25 Wrapped Centrifuge CFG $ 0.139 $ 80.10M
$ 80.10 million +0.07% 26 Coinbase Wrapped XRP CBXRP $ 1.39 $ 29.50M
$ 29.50 million +1.11% 27 Wrapped Matic WMATIC $ 0.0961 $ 13.67M
$ 13.67 million +0.09% 28 Axelar Wrapped USDC AXLUSDC $ 0.998 $ 2.55M
$ 2.55 million -0.20% 29 Wrapped NCG WNCG $ 0.00534 $ 1.71M
$ 1.71 million +1.72%
The coins below are ranked lower due to missing data.
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30 Mantle Staked Ether METH $ 2,211.65 $ 470.90M
$ 470.90 million +0.49% 31 ckBTC ckBTC $ 70,719.94 $ 33.38M
$ 33.38 million +3.00% 32 Wrapped NXM WNXM $ 51.65 $ 24.98M
$ 24.98 million +1.31% 33 Wrapped TAO WTAO $ 199.34 $ 23.60M
$ 23.60 million +1.20% 34 ckUSDC CKUSDC $ 1.00 $ 1.87M
$ 1.87 million -0.13% 35 ckETH ckETH $ 2,060.98 $ 1.27M
$ 1.27 million +3.02% 36 renBTC RENBTC $ 3,600.12 $ 1.10M
$ 1.10 million +15.48% 37 ckOCT CKOCT $ 0.00317 $ 56.21T
$ 56.21 trillion -54.38% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,159.35 $ 46.13T
$ 46.13 trillion +1.23% 39 Wrapped DOGE WDOGE $ 0.112 $ 14.44B
$ 14.44 billion +5.12% 40 USDC (BASE) USDC $ 1.00 $ 4.34B
$ 4.34 billion +0.09% 41 Wrapped Binance Beacon ETH WBETH $ 2,222.98 $ 2.89B
$ 2.89 billion +0.82% 42 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.997 $ 1.29B
$ 1.29 billion -0.13% 43 USDC (Avalance) USDC $ 0.998 $ 719.77M
$ 719.77 million -0.07% 44 Wrapped BTC (Wormhole) WBTC $ 69,822.59 $ 279.10M
$ 279.10 million +1.25% 45 Binance Wrapped BTC BBTC $ 70,034.14 $ 203.10M
$ 203.10 million +1.64% 46 Gate Wrapped BTC GTBTC $ 70,237.37 $ 161.52M
$ 161.52 million +1.01% 47 TRON peg TRX $ 0.282 $ 84.22M
$ 84.22 million -1.24% 48 Kelp DAO Wrapped rsETH WRSETH $ 2,169.61 $ 68.15M
$ 68.15 million +1.03% 49 Binance-Peg Bitcoin Cash Token BCH $ 443.97 $ 42.84M
$ 42.84 million -0.91% 50 Wrapped BTC WBTC.E $ 69,687.58 $ 30.52M
$ 30.52 million +1.43%
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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