Definition
A blockchain-based token that represents another cryptocurrency or asset on a different network. For example, Wrapped Ether (WETH) represents ether (ETH) in a format that complies with Ethereum's ERC-20 token standard. The original asset is securely locked by a smart contract, and an equivalent wrapped token is minted. This mechanism enables interoperability within and between blockchains, allowing assets like ETH to be used seamlessly in decentralized applications while retaining their value.
Further reading
Translations
| Language | Prose |
|---|---|
| العربية Arabic | رمزًا مغلفًا |
| বাংলা Bengali | র্যাপড টোকেন |
| Čeština Czech | zabalený token |
| Deutsch German | Wrapped-Token |
| Español Spanish | token envuelto |
| Français French | jeton enveloppé |
| हिन्दी Hindi | रैप्ड टोकन |
| Bahasa Indonesia Indonesian | token terbungkus |
| Italiano Italian | token wrapped |
| 日本語 Japanese | ラップド・トークン |
| 한국어 Korean | 래핑된 토큰은 |
| मराठी Marathi | रॅप्ड टोकन |
| Polski Polish | opakowane tokeny |
| Português Portuguese (Brazil) | token envelopado |
| Русский Russian | обернутые токены |
| Kiswahili Swahili | tokeni iliyofungashwa |
| தமிழ் Tamil | பொதியப்பட்ட டோக்கனாக |
| తెలుగు Telugu | ర్యాప్డ్ టోకెన్ |
| Türkçe Turkish | sarmalanmış token'lar |
| Українська Ukrainian | обгорнуті токени |
| اردو Urdu | ریپڈ ٹوکن |
| Tiếng Việt Vietnamese | token bọc |
| 简体中文 Chinese (Simplified) | 封装代币 |
| 繁體中文 Chinese (Traditional) | 包裝代幣 |