Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
Wrapped BNB price

Wrapped BNB Price (WBNB)


Rank #7409

Wrapped BNB Price Chart (WBNB/USD)

Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.

WBNB Price Statistics

24H Range
  • Wrapped BNB Price Now $213
  • 24h Low / 24h High $212 / $228
  • Trading Volume $100,270,994
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $687 -68.98%
    May 10, 2021
  • All-Time Low $24 803.27%
    Sep 24, 2020

Wrapped BNB: An Overview


Wrapped BNB (WBTC) is a cryptocurrency that has gained popularity in recent years. It is an innovative token that offers users the benefits of both Binance Coin (BNB) and the Ethereum blockchain. In this article, we will explore what Wrapped BNB is, how it works, and its potential advantages.

What is Wrapped BNB?

Wrapped BNB is essentially an ERC-20 token that is backed one-to-one by real BNB. This means that for every one BNB held in reserve, one Wrapped BNB is created. The purpose of this token is to enable BNB holders to access decentralized finance (DeFi) applications on the Ethereum network.

How Does it Work?

The process of converting BNB into Wrapped BNB is relatively simple. Users lock their BNB in a smart contract and in return, receive an equivalent amount of Wrapped BNB. This allows them to use BNB on the Ethereum network, opening up a whole new world of DeFi opportunities.

Benefits of Wrapped BNB

By converting BNB into Wrapped BNB, users can tap into the vast array of DeFi applications available on Ethereum. These applications include decentralized exchanges (DEXs), lending platforms, yield farming, and more. This provides BNB holders with greater flexibility and access to a wider range of financial services.

Furthermore, using Wrapped BNB on Ethereum can also increase liquidity for BNB. As more BNB is locked up in Wrapped BNB, the supply of BNB on the market decreases. This can potentially help to stabilize BNB's price and reduce volatility.


Wrapped BNB offers BNB holders the ability to unlock the power of DeFi applications on Ethereum. By converting BNB into Wrapped BNB, users can access a variety of financial services and take advantage of the benefits of both BNB and the Ethereum network. As the crypto space continues to evolve, Wrapped BNB presents an exciting opportunity for BNB holders to expand their horizons and participate in the DeFi revolution.