Wrapped
Wrapped tokens extend cryptocurrency utility, enabling use across multiple blockchain networks.
Top gainers this week
Top losers this week
Down 143 places this week, $BTC is losing steam
$ETH人生 climbed 102 places this week
$MEGA -68 places this week
$BTC -47 places this week
$SOLV · 0 gem score this week
$WETH hit a gem score of 80 this week
$ZEC slipped from the category leaders this week
249 tokens rose and 176 fell this week
@bdrexWrapped•19$ETH just reminded everyone why it’s the backbone of this market.
Strong bounce, clean structure reclaim, and liquidity taken with intent. When Ethereum moves with confidence, it’s usually not random, it’s positioning.
Watch the higher timeframe levels. If this momentum sustains, rotation into quality alts becomes more likely.
Ethereum doesn’t chase. It builds… then expands.
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
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Frequently asked questions
How has Wrapped performed recently?
The Wrapped category has seen mixed activity over the past week and month, with 249 tokens showing upward momentum and 176 moving downward in both periods. Ronin Wrapped Ether (WETH) hit the highest score of 80.26, while SolvBTC (SOLV) registered the lowest score at 0.0. Notable climbers include ETH人生 (ETH), which jumped 102 ranks, and Wrapped OCT (wOCT), climbing 40 ranks. Conversely, Bitcoin on Solana (BTC) experienced a significant drop of 143 ranks, and Bitcoin (BTC) fell by 47 ranks, losing 71.1% of its score. The token B (B) entered the top K, while Zcash (ZEC) exited it.
What are wrapped tokens?
Wrapped tokens are cryptocurrencies pegged to the value of another asset, typically a cryptocurrency not native to the blockchain on which the wrapped token exists. They allow assets from one blockchain to be used on another.
How do wrapped tokens work?
When an asset is 'wrapped', it is typically locked in a smart contract or held by a custodian, and an equivalent amount of the wrapped token is minted on a different blockchain. To 'unwrap' the token, the wrapped token is burned, and the original asset is released.
What are the benefits of using wrapped tokens?
Wrapped tokens offer several benefits, including increased interoperability between different blockchains, access to various DeFi applications, and potentially lower transaction fees or faster transaction times on the wrapping chain.
Are wrapped tokens secure?
The security of wrapped tokens depends on the underlying mechanism. Custodial wrapping relies on the trustworthiness of the custodian, while non-custodial methods typically rely on smart contracts, which are subject to audit and potential vulnerabilities.
What is the difference between a bridged token and a wrapped token?
Bridged tokens are a general term for assets that move between different blockchains via a bridge, which can be custodial or non-custodial. Wrapped tokens are a specific type of bridged token where the original asset is 'wrapped' or tokenized on another chain, maintaining a 1:1 peg to the original asset.