Crypto-Backed Tokens are digital assets whose value is supported by collateralized cryptocurrencies, ensuring transparency and verifiable backing on-chain. Unlike fiat-backed stablecoins, these tokens derive stability and trust from decentralized collateral pools, often managed by smart contracts. Platforms like MakerDAO and Synthetix use over-collateralization to maintain peg stability, reducing systemic risk and enhancing liquidity. Crypto-backed tokens play a vital role in decentralized finance (DeFi), powering lending protocols, liquidity pools, and governance models. They allow users to access stable assets without relying on traditional banking systems. With on-chain audits and automated liquidation mechanisms, these tokens reinforce the principles of decentralization, transparency, and financial autonomy. The growing ecosystem of crypto-backed tokens demonstrates how blockchain innovation can create a more resilient, trustless economy.
| # | Coin Name ⇅ | Price ⇅ | Action |
|---|---|---|---|
1 | Wrapped stETHWSTETH | $2,774.67 | |
2 | Wrapped BitcoinWBTC | $76,129.00 | |
3 | Wrapped Beacon ETHWBETH | $2,462.82 | |
4 | Wrapped eETHWEETH | $2,463.32 | |
5 | Coinbase Wrapped BTCCBBTC | $76,321.00 | |
6 | WETHWETH | $2,264.91 | |
7 | Wrapped SOLSOL | $98.97 | |
8 | Wrapped BNBWBNB | $758.52 | |
9 | Function FBTCFBTC | $76,289.00 | |
10 | Solv Protocol BTCSOLVBTC | $76,272.00 | |
11 | tBTCTBTC | $70,983.00 | |
12 | Resolv wstUSRWSTUSR | $1.13 | |
13 | Coinbase Wrapped Staked ETHCBETH | $2,540.11 | |
14 | OlympusOHM | $15.91 | |
15 | Kraken Wrapped BTCKBTC | $76,419.00 | |
16 | Mantle Bridged WETH (Mantle)WETH | $2,262.54 | |
17 | Wrapped AVAXWAVAX | $10.04 | |
18 | Solv Protocol Staked BTCXSOLVBTC | $76,043.00 | |
19 | TempleDAOTEMPLE | $3.14 | |
20 | Wrapped CentrifugeWCFG | $0.11 | |
21 | Bridged Wrapped stETH (Gnosis)WSTETH | $2,772.79 | |
22 | cETHCETH | $38.08 | |
23 | Bridged Wrapped Bitcoin (StarkGate)WBTC | $75,899.00 | |
24 | SnowbankSB | $223.94 | |
25 | Nirvana ANAANA | $4.28 | |
26 | cWBTCCWBTC | $1,532.93 | |
27 | Wrapped XRPWXRP | $1.58 | |
28 | Wrapped POLWPOL | $0.11 | |
29 | Wrapped NXMWNXM | $56.19 | |
30 | cBATCBAT | $0.00230 | |
31 | Wrapped STEAMXWSTEAMX | $0.06 | |
32 | Balsa MM FundBMMF | $0.08 | |
33 | Wrapped MantleWMNT | $0.72 | |
34 | sETHSETH | $703.76 | |
35 | DEFI.ssiDEFI.SSI | $0.30 | |
36 | Osmosis allBTCBTC | $64,873.00 | |
37 | Wrapped Solana (Universal)USOL | $98.63 | |
38 | Hyperwave HLPHWHLP | $1.14 | |
39 | Fei USDFEI | $1.00 | |
40 | USSIUSSI | $1.02 | |
41 | VNX EUROVEUR | $1.15 | |
42 | Wrapped XRP (Universal)UXRP | $1.59 | |
43 | Based ETHBSDETH | $2,021.89 | |
44 | Origami iBGT Auto-CompounderORIBGT | $2.07 | |
45 | Osmosis allETHETH | $1,901.46 | |
46 | Rai Reflex IndexRAI | $3.19 | |
47 | Osmosis allSOLSOL | $79.15 | |
48 | cUNICUNI | $0.07 | |
49 | Wrapped AmpleforthWAMPL | $1.17 | |
50 | Wrapped AyeAyeCoinWAAC | $0.27 | |
51 | Wrapped USDMWUSDM | $1.09 | |
52 | Wrapped SUI (Universal)USUI | $1.12 | |
53 | renBTCRENBTC | $3,451.69 | |
54 | Wrapped MistCoinWMC | $1.52 | |
55 | Wrapped eHMND (eHMND)WEHMND | $0.00356 | |
56 | Wrapped AccumulateWACME | $0.000923 | |
57 | Wrapped QOMWQOM | $1.33e-9 | |
58 | BreadBREAD | $0.53 | |
59 | sUSD (Optimism)SUSD | $0.00e+0 |
Crypto-backed tokens are digital assets backed by collateralized cryptocurrencies such as ETH or BTC, ensuring on-chain transparency and verifiable reserves.
They use over-collateralization and smart contracts to stabilize value, automatically adjusting collateral ratios when market prices fluctuate.
Popular examples include tokens issued through MakerDAO (DAI) and Synthetix (sUSD), both supported by crypto reserves for decentralized stability.
They provide trustless, stable assets that power lending, borrowing, yield farming, and liquidity pools without depending on centralized institutions.
They offer greater transparency and decentralization, though their value depends on the volatility of the underlying crypto collateral and risk management protocols.