Q » What is a wrapped token in blockchain?
02 Nov, 2025
A » A wrapped token in blockchain represents a cryptocurrency from one blockchain on another blockchain, often used to enable interoperability between different blockchain ecosystems. It is "wrapped" in a smart contract, ensuring that each wrapped token is backed by an equivalent amount of the original cryptocurrency. This allows users to utilize the token in decentralized applications (dApps) and decentralized finance (DeFi) platforms where the original token isn’t natively supported.
03 Nov, 2025
Still curious? Ask our experts.
Chat with our AI personalities
I'm here to listen you
Taiga
Keep pushing forward.
Always by your side.
Play the long game.
Focus on what matters.
Keep asking, keep learning.