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 $ 2,071.70 $ 18.27B
$ 18.27 billion +2.24% 2 Wrapped BTC WBTC $ 70,527.53 $ 9.69B
$ 9.69 billion +1.51% 3 Binance-Peg BSC-USD BSC-USD $ 0.999 $ 8.97B
$ 8.97 billion -0.20% 4 Wrapped liquid staked Ether 2.0 wstETH $ 2,543.34 $ 8.12B
$ 8.12 billion +2.23% 5 Wrapped eETH weETH $ 2,255.49 $ 6.41B
$ 6.41 billion +1.90% 6 Wrapped Ether WETH $ 2,073.98 $ 5.51B
$ 5.51 billion +2.32% 7 Ethena Staked USDe sUSDe $ 1.22 $ 3.81B
$ 3.81 billion +0.09% 8 Coinbase Wrapped BTC CBBTC $ 70,757.01 $ 3.11B
$ 3.11 billion +1.64% 9 Bitcoin BEP2 BTCB $ 70,707.83 $ 2.97B
$ 2.97 billion +1.56% 10 Jito Staked SOL JITOSOL $ 110.79 $ 1.25B
$ 1.25 billion +2.49% 11 Binance Staked SOL BNSOL $ 96.28 $ 944.34M
$ 944.34 million +2.49% 12 Wrapped BNB WBNB $ 654.36 $ 921.87M
$ 921.87 million +2.09% 13 Rocket Pool ETH RETH $ 2,402.03 $ 862.05M
$ 862.05 million +2.16% 14 Lombard Staked Bitcoin LBTC $ 70,745.11 $ 748.22M
$ 748.22 million +1.14% 15 Solv BTC SOLVBTC $ 70,345.92 $ 454.03M
$ 454.03 million +1.06% 16 Jupiter Staked SOL JUPSOL $ 104.52 $ 437.76M
$ 437.76 million +4.18% 17 tBTC v2 TBTC $ 70,623.67 $ 417.54M
$ 417.54 million +1.55% 18 Binance-Peg XRP Token XRP $ 1.39 $ 341.35M
$ 341.35 million +0.37% 19 Coinbase Wrapped Staked ETH CBETH $ 2,332.71 $ 292.98M
$ 292.98 million +2.34% 20 Bitcoin Avalanche Bridged BTC.b $ 70,585.29 $ 271.29M
$ 271.29 million +1.15% 21 Marinade staked SOL MSOL $ 119.16 $ 248.32M
$ 248.32 million +2.27% 22 Wrapped Solana SOL $ 87.38 $ 163.32M
$ 163.32 million +2.30% 23 Wrapped AVAX WAVAX $ 9.63 $ 135.72M
$ 135.72 million +0.83% 24 BybitSOL BBSOL $ 99.51 $ 116.66M
$ 116.66 million +2.20% 25 Wrapped Centrifuge CFG $ 0.133 $ 76.61M
$ 76.61 million -5.09% 26 Coinbase Wrapped XRP CBXRP $ 1.39 $ 29.59M
$ 29.59 million +0.45% 27 Wrapped TAO WTAO $ 204.41 $ 24.20M
$ 24.20 million +2.25% 28 Wrapped Matic WMATIC $ 0.0984 $ 14.01M
$ 14.01 million +2.57% 29 Axelar Wrapped USDC AXLUSDC $ 1.000 $ 2.55M
$ 2.55 million -0.06% 30 Wrapped NCG WNCG $ 0.00531 $ 1.70M
$ 1.70 million +0.65%
The coins below are ranked lower due to missing data.
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31 Mantle Staked Ether METH $ 2,252.64 $ 479.63M
$ 479.63 million +2.25% 32 ckBTC ckBTC $ 72,050.84 $ 34.01M
$ 34.01 million +4.21% 33 Wrapped NXM WNXM $ 52.42 $ 25.35M
$ 25.35 million +0.43% 34 ckUSDC CKUSDC $ 1.00 $ 1.86M
$ 1.86 million +0.80% 35 ckETH ckETH $ 2,078.29 $ 1.29M
$ 1.29 million +2.20% 36 renBTC RENBTC $ 3,636.88 $ 1.11M
$ 1.11 million +1.32% 37 ckOCT CKOCT $ 0.00403 $ 71.38T
$ 71.38 trillion +26.71% 38 Paxos Gold (Gravity Bridge) PAXG.grv $ 4,969.29 $ 44.43T
$ 44.43 trillion -3.68% 39 Wrapped DOGE WDOGE $ 0.106 $ 13.70B
$ 13.70 billion -4.12% 40 Wrapped BTC (BitGo) WBTC $ 70,517.43 $ 8.44B
$ 8.44 billion --% 41 USDC (BASE) USDC $ 1.00 $ 4.34B
$ 4.34 billion -0.12% 42 Wrapped Binance Beacon ETH WBETH $ 2,262.28 $ 2.94B
$ 2.94 billion +2.27% 43 Binance-Peg USD Coin (BNB Smart Chain) USDC $ 0.998 $ 1.29B
$ 1.29 billion -0.16% 44 USDC (Avalance) USDC $ 0.998 $ 719.95M
$ 719.95 million +0.00% 45 Wrapped BTC (Wormhole) WBTC $ 70,519.38 $ 281.89M
$ 281.89 million +1.40% 46 Binance Wrapped BTC BBTC $ 70,624.89 $ 204.81M
$ 204.81 million +1.37% 47 Gate Wrapped BTC GTBTC $ 70,939.22 $ 163.13M
$ 163.13 million +1.75% 48 TRON peg TRX $ 0.291 $ 86.91M
$ 86.91 million +2.23% 49 Kelp DAO Wrapped rsETH WRSETH $ 2,202.65 $ 69.19M
$ 69.19 million +1.93% 50 Cardano AP3X Token cAP3X $ 0.0197 $ 59.14M
$ 59.14 million -5.63%
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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