Wrapped coins

222 coins #19

Wrapped tokens are digital versions of assets like cryptocurrencies and gold on the blockchain, allowing direct and secure trading. More

Download
# Coins Live Price Market cap 24h
1 Lido Staked Ether stETH $ 2,018.09
$ 17.89B
$ 17.89 billion
-1.83%
2 Wrapped BTC WBTC $ 73,342.04
$ 10.07B
$ 10.07 billion
-1.98%
3 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.98B
$ 8.98 billion
+0.32%
4 Wrapped liquid staked Ether 2.0 wstETH $ 2,501.20
$ 8.42B
$ 8.42 billion
-1.53%
5 Wrapped Ether WETH $ 2,020.33
$ 5.37B
$ 5.37 billion
-1.70%
6 Wrapped eETH weETH $ 2,211.49
$ 3.52B
$ 3.52 billion
-1.90%
7 Bitcoin BEP2 BTCB $ 73,526.63
$ 3.10B
$ 3.10 billion
-1.73%
8 Coinbase Wrapped BTC CBBTC $ 73,416.31
$ 3.05B
$ 3.05 billion
-2.05%
9 Wrapped BNB WBNB $ 641.11
$ 1.11B
$ 1.11 billion
-1.54%
10 Jito Staked SOL JITOSOL $ 105.56
$ 838.06M
$ 838.06 million
-1.78%
11 Rocket Pool ETH RETH $ 2,352.51
$ 784.44M
$ 784.44 million
-1.76%
12 Lombard Staked Bitcoin LBTC $ 73,732.35
$ 780.94M
$ 780.94 million
-1.78%
13 Mantle Staked Ether METH $ 2,207.31
$ 456.21M
$ 456.21 million
-1.58%
14 tBTC v2 TBTC $ 73,476.30
$ 352.61M
$ 352.61 million
-2.00%
15 Binance-Peg XRP Token XRP $ 1.33
$ 303.69M
$ 303.69 million
+0.30%
16 Bitcoin Avalanche Bridged BTC.b $ 73,232.54
$ 281.50M
$ 281.50 million
-2.11%
17 Coinbase Wrapped Staked ETH CBETH $ 2,286.39
$ 267.21M
$ 267.21 million
-1.68%
18 Marinade staked SOL MSOL $ 113.91
$ 264.12M
$ 264.12 million
-1.43%
19 Wrapped Centrifuge CFG $ 0.282
$ 162.48M
$ 162.48 million
-7.64%
20 Wrapped AVAX WAVAX $ 8.92
$ 143.83M
$ 143.83 million
-2.49%
21 Wrapped Solana SOL $ 82.51
$ 123.77M
$ 123.77 million
-1.68%
22 Coinbase Wrapped XRP CBXRP $ 1.33
$ 101.05M
$ 101.05 million
-0.03%
23 Wrapped Matic WMATIC $ 0.0880
$ 12.53M
$ 12.53 million
-2.89%
24 renBTC RENBTC $ 15,099.09
$ 4.60M
$ 4.60 million
-24.72%
25 Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.43M
$ 2.43 million
+0.21%
26 Wrapped NCG WNCG $ 0.00712
$ 2.28M
$ 2.28 million
-8.69%

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

27 Ethena Staked USDe sUSDe $ 3.33
$ 10.36B
$ 10.36 billion
-0.49%
28 Wrapped TRON WTRX $ 0.354
$ 1.40B
$ 1.40 billion
-4.38%
29 Binance Staked SOL BNSOL $ 92.00
$ 915.12M
$ 915.12 million
-1.65%
30 Solv BTC SOLVBTC $ 73,611.79
$ 466.48M
$ 466.48 million
-1.58%
31 Jupiter Staked SOL JUPSOL $ 98.08
$ 420.64M
$ 420.64 million
-1.61%
32 BybitSOL BBSOL $ 94.93
$ 116.23M
$ 116.23 million
-1.91%
33 Wrapped TAO WTAO $ 262.70
$ 27.76M
$ 27.76 million
-3.25%
34 Wrapped NXM WNXM $ 51.23
$ 21.98M
$ 21.98 million
-6.02%
35 ckBTC ckBTC $ 73,430.43
$ 14.13M
$ 14.13 million
-4.03%
36 ckUSDC CKUSDC $ 0.986
$ 2.01M
$ 2.01 million
-3.15%
37 ckETH ckETH $ 2,001.65
$ 1.24M
$ 1.24 million
-3.45%
38 ckOCT CKOCT $ 0.00608
$ 107.62T
$ 107.62 trillion
-2.96%
39 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,453.96
$ 66.71T
$ 66.71 trillion
-3.50%
40 Wrapped BTC (BitGo) WBTC $ 73,151.40
$ 8.66B
$ 8.66 billion
-2.09%
41 USDC (BASE) USDC $ 1.00
$ 4.36B
$ 4.36 billion
+1.69%
42 Wrapped Binance Beacon ETH WBETH $ 2,219.31
$ 2.75B
$ 2.75 billion
-1.84%
43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 1.00
$ 1.29B
$ 1.29 billion
+0.23%
44 USDC (Avalance) USDC $ 0.994
$ 716.99M
$ 716.99 million
-0.15%
45 Wrapped BTC (Wormhole) WBTC $ 73,250.58
$ 220.48M
$ 220.48 million
-2.01%
46 Binance Wrapped BTC BBTC $ 73,486.68
$ 213.11M
$ 213.11 million
-1.99%
47 Gate Wrapped BTC GTBTC $ 73,756.56
$ 169.61M
$ 169.61 million
-2.04%
48 TRON peg TRX $ 0.353
$ 105.28M
$ 105.28 million
-4.21%
49 Wrapped Fantom WFTM $ 0.0477
$ 104.33M
$ 104.33 million
-0.12%
50 Kelp DAO Wrapped rsETH WRSETH $ 2,125.44
$ 66.76M
$ 66.76 million
-2.25%
Download

Trending Wrapped coins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.98B
$ 8.98 billion
+0.32%
Binance-Peg XRP Token XRP $ 1.33
$ 303.69M
$ 303.69 million
+0.30%
Axelar Wrapped USDC AXLUSDC $ 1.000
$ 2.43M
$ 2.43 million
+0.21%
Coinbase Wrapped XRP CBXRP $ 1.33
$ 101.05M
$ 101.05 million
-0.03%
Marinade staked SOL MSOL $ 113.91
$ 264.12M
$ 264.12 million
-1.43%
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