Top Rehypothecated Crypto (Wrapped, Staked, and Restaked) by Market Capitalization
Listed below are the top staked and wrapped assets by Market Capitalization.
- Wrapped crypto assets are tokens backed one-to-one by an underlying asset and aim to enable interoperability between different blockchains. Wrapped BTC, issued by BitGo, was the first ERC20 token backed 1:1 with Bitcoin.
- Staking is the act of locking crypto assets for a period of time to support the operation of a blockchain in exchange, with the goal of earning more cryptoassets. Lido offers staking solutions.
- Restaking allows staked assets to be reused for additional rewards, enhancing utility, and liquidity. Protocols like Eigenlayer offer restaking.