Wrapped Token
Infrastructure
Tokenized representation of another asset on the same or other chain.
A wrapped token mirrors another asset’s value, improving interoperability across standards or chains. Custodial or smart‑contract bridges mint and redeem wrapped representations.
Frequently asked questions
How do wrapped tokens work?
Custodians or contracts lock the original asset and mint a representation that tracks its value.What are the risks?
Custodian or bridge risk and de peg risk if redemptions fail. Prefer canonical bridges.How do I verify a wrapper?
Confirm contract addresses from official docs and check supply and backing in explorers.