Tracking 7 Wrapped Tokens coins
Top 25 Wrapped Tokens Cryptocurrencies for May 2024
Wrapped tokens are a type of cryptocurrency that represents a tokenized version of another asset on a different blockchain than the one it originally resides on, effectively allowing the wrapped version to be used within that blockchain's ecosystem. This is done to improve interoperability between different blockchains and to leverage the advantages of each system. For example, Wrapped Bitcoin (WBTC) is a popular wrapped token that enables Bitcoin holders to participate in decentralized finance (DeFi) activities on Ethereum-based platforms by wrapping their BTC into WBTC, which is an ERC-20 token. Another example is Wrapped Ether (WETH), which is used on the Ethereum network; Ether (ETH) needs to be wrapped into WETH to be traded directly with other ERC-20 tokens, as ETH was not originally compliant with its own ERC-20 standard.
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| Name | Price | 1h Change | 24h Change | 7d Change | Market Cap | |
|---|---|---|---|---|---|---|
| 15 |  WBTC | $60361.115794241 | 0.2% | -4.1% | -9.6% | $9,379,196,490 |
| 212 |  WBNB | $567.50291850631 | 0.4% | -4.0% | -6.8% | $885,306,481 |
| 271 |  WNXM | $62.213427018426 | 2.4% | -5.9% | -7.7% | $79,542,000 |
| 789 |  RENBTC | $60802.152579198 | 0.0% | -2.5% | -9.3% | $18,514,203 |
| 1017 |  XTM | $0.047065859139581 | 0.3% | -3.5% | -20.3% | $9,135,310 |
| 2623 |  WMATIC | $0.65714365975479 | -0.2% | -6.0% | -10.7% | $0 |
| 3852 | $3.7425134378955 | 0.0% | -2.2% | -6.4% | $0 |
