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 $ 2,016.51
$ 17.79B
$ 17.79 billion
+4.41%
2 Wrapped BTC WBTC $ 68,377.97
$ 9.40B
$ 9.40 billion
+2.58%
3 Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.98B
$ 8.98 billion
-0.09%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,479.04
$ 7.91B
$ 7.91 billion
+4.27%
5 Wrapped eETH weETH $ 2,195.44
$ 6.25B
$ 6.25 billion
+4.31%
6 Wrapped Ether WETH $ 2,016.78
$ 5.36B
$ 5.36 billion
+4.51%
7 Ethena Staked USDe sUSDe $ 1.22
$ 3.81B
$ 3.81 billion
-0.00%
8 Coinbase Wrapped BTC CBBTC $ 68,542.03
$ 3.01B
$ 3.01 billion
+2.52%
9 Bitcoin BEP2 BTCB $ 68,511.23
$ 2.88B
$ 2.88 billion
+2.47%
10 Jito Staked SOL JITOSOL $ 108.04
$ 1.21B
$ 1.21 billion
+4.53%
11 Binance Staked SOL BNSOL $ 94.00
$ 922.59M
$ 922.59 million
+4.81%
12 Wrapped BNB WBNB $ 636.04
$ 896.49M
$ 896.49 million
+3.77%
13 Rocket Pool ETH RETH $ 2,339.36
$ 840.00M
$ 840.00 million
+4.31%
14 Lombard Staked Bitcoin LBTC $ 68,672.29
$ 726.43M
$ 726.43 million
+2.52%
15 Mantle Staked Ether METH $ 2,174.63
$ 463.02M
$ 463.02 million
+3.75%
16 Solv BTC SOLVBTC $ 68,294.44
$ 434.61M
$ 434.61 million
+2.33%
17 tBTC v2 TBTC $ 68,483.35
$ 404.93M
$ 404.93 million
+2.45%
18 Binance-Peg XRP Token XRP $ 1.36
$ 334.40M
$ 334.40 million
+1.36%
19 Marinade staked SOL MSOL $ 116.17
$ 293.80M
$ 293.80 million
+4.45%
20 Coinbase Wrapped Staked ETH CBETH $ 2,270.06
$ 285.25M
$ 285.25 million
+4.52%
21 Bitcoin Avalanche Bridged BTC.b $ 68,455.39
$ 263.14M
$ 263.14 million
+2.29%
22 Wrapped AVAX WAVAX $ 9.22
$ 152.54M
$ 152.54 million
+4.16%
23 Wrapped Solana SOL $ 85.46
$ 128.20M
$ 128.20 million
+4.81%
24 BybitSOL BBSOL $ 97.10
$ 115.16M
$ 115.16 million
+4.74%
25 Wrapped Centrifuge CFG $ 0.138
$ 79.83M
$ 79.83 million
-3.72%
26 Coinbase Wrapped XRP CBXRP $ 1.36
$ 29.02M
$ 29.02 million
+1.46%
27 Wrapped Matic WMATIC $ 0.0960
$ 13.66M
$ 13.66 million
+0.21%
28 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.56M
$ 2.56 million
-0.05%

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

29 Jupiter Staked SOL JUPSOL $ 100.17
$ 419.18M
$ 419.18 million
+4.53%
30 ckBTC ckBTC $ 68,907.47
$ 32.50M
$ 32.50 million
+1.98%
31 Wrapped NXM WNXM $ 50.32
$ 24.34M
$ 24.34 million
+0.01%
32 Wrapped TAO WTAO $ 191.87
$ 22.72M
$ 22.72 million
+8.65%
33 ckUSDC CKUSDC $ 1.00
$ 1.85M
$ 1.85 million
-1.00%
34 Wrapped NCG WNCG $ 0.00518
$ 1.66M
$ 1.66 million
-2.45%
35 ckETH ckETH $ 2,024.50
$ 1.25M
$ 1.25 million
+3.86%
36 renBTC RENBTC $ 3,091.87
$ 941,470
$ 941,470
+2.72%
37 Paxos Gold (Gravity Bridge) PAXG.grv $ 5,025.58
$ 44.94T
$ 44.94 trillion
+1.41%
38 Wrapped DOGE WDOGE $ 0.107
$ 13.80B
$ 13.80 billion
+7.96%
39 USDC (BASE) USDC $ 1.000
$ 4.34B
$ 4.34 billion
-0.15%
40 Wrapped Binance Beacon ETH WBETH $ 2,200.17
$ 2.86B
$ 2.86 billion
+4.46%
41 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.000
$ 1.29B
$ 1.29 billion
-0.07%
42 USDC (Avalance) USDC $ 0.997
$ 718.98M
$ 718.98 million
-0.41%
43 Wrapped BTC (Wormhole) WBTC $ 68,447.67
$ 273.58M
$ 273.58 million
+2.54%
44 Binance Wrapped BTC BBTC $ 68,536.81
$ 198.76M
$ 198.76 million
+2.28%
45 Gate Wrapped BTC GTBTC $ 68,702.06
$ 157.99M
$ 157.99 million
+2.50%
46 Umbrella Stake Wrapped Aave Ethereum USDT v1 stkwaEthUSDT.v1 $ 1.14
$ 121.33M
$ 121.33 million
+0.00%
47 TRON peg TRX $ 0.285
$ 85.21M
$ 85.21 million
-1.09%
48 Kelp DAO Wrapped rsETH WRSETH $ 2,141.53
$ 67.27M
$ 67.27 million
+3.72%
49 Binance-Peg Bitcoin Cash Token BCH $ 447.17
$ 43.15M
$ 43.15 million
-0.31%
50 Wrapped BTC WBTC.E $ 68,169.30
$ 29.86M
$ 29.86 million
+2.16%
Download

Trending Wrapped coins

Top Gainers
Coins Price Market cap 24h
Wrapped Solana SOL $ 85.46
$ 128.20M
$ 128.20 million
+4.81%
Binance Staked SOL BNSOL $ 94.00
$ 922.59M
$ 922.59 million
+4.81%
BybitSOL BBSOL $ 97.10
$ 115.16M
$ 115.16 million
+4.74%
Jito Staked SOL JITOSOL $ 108.04
$ 1.21B
$ 1.21 billion
+4.53%
Coinbase Wrapped Staked ETH CBETH $ 2,270.06
$ 285.25M
$ 285.25 million
+4.52%
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