Wrapped Token
DeFiUpdated: October 15, 2025
Also known as: Wrapped Asset, WBTC, Wrapped Crypto
A tokenized version of another cryptocurrency (e.g., WBTC on Ethereum)
A tokenized version of another cryptocurrency (e.g., WBTC on Ethereum).
Wrapped tokens represent assets from one blockchain on another blockchain. For example, Wrapped Bitcoin (WBTC) is Bitcoin represented as an ERC-20 token on Ethereum, allowing Bitcoin to be used in Ethereum DeFi applications.