Ask about Wrap Protocol · freeWrap Protocol(WRAP)
Total Value Locked$546,132
TVL by Chain
Ethereum$546,132
Protocol Information
Through Wrap, users issue wTokens (wrapped tokens) which are representations of ERC20 and ERC721 tokens on the Tezos blockchain. wTokens can then be used on the Tezos blockchain, and their value is pegged to the original tokens.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Wrap Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 31, 2022 to Oct 27, 2026.
All-time high TVL: $4.16m on Jun 1, 2022. All-time low TVL: $417,356 on Jun 11, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $586,593 |
| Sep 29, 2026 | $588,777 |
| Sep 30, 2026 | $585,455 |
| Oct 1, 2026 | $586,350 |
| Oct 2, 2026 | $590,569 |
| Oct 3, 2026 | $587,423 |
| Oct 4, 2026 | $590,495 |
| Oct 5, 2026 | $597,362 |
| Oct 6, 2026 | $594,877 |
| Oct 7, 2026 | $591,874 |
| Oct 8, 2026 | $576,144 |
| Oct 9, 2026 | $563,944 |
| Oct 10, 2026 | $567,151 |
| Oct 11, 2026 | $570,017 |
| Oct 12, 2026 | $575,944 |
| Oct 13, 2026 | $557,930 |
| Oct 14, 2026 | $569,801 |
| Oct 15, 2026 | $558,815 |
| Oct 16, 2026 | $561,957 |
| Oct 17, 2026 | $558,420 |
| Oct 18, 2026 | $556,074 |
| Oct 19, 2026 | $558,878 |
| Oct 20, 2026 | $555,629 |
| Oct 21, 2026 | $563,547 |
| Oct 22, 2026 | $569,127 |
| Oct 23, 2026 | $553,184 |
| Oct 24, 2026 | $552,597 |
| Oct 25, 2026 | $549,224 |
| Oct 26, 2026 | $544,469 |
| Oct 27, 2026 | $544,786 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.3m |
| Dec 31, 2024 | $1.23m |
| Jan 31, 2025 | $1.3m |
| Feb 28, 2025 | $1.03m |
| Mar 31, 2025 | $952,353 |
| Apr 30, 2025 | $1.04m |
| May 31, 2025 | $1.16m |
| Jun 30, 2025 | $1.19m |
| Jul 31, 2025 | $1.2m |
| Aug 31, 2025 | $812,650 |
| Sep 30, 2025 | $798,573 |
| Oct 31, 2025 | $735,708 |
| Nov 30, 2025 | $623,691 |
| Dec 31, 2025 | $606,909 |
| Jan 31, 2026 | $574,639 |
| Feb 28, 2026 | $476,867 |
| Mar 31, 2026 | $485,287 |
| Apr 30, 2026 | $519,120 |
| May 31, 2026 | $501,171 |
| Jun 30, 2026 | $435,757 |
| Jul 31, 2026 | $442,882 |
| Aug 31, 2026 | $541,756 |
| Sep 30, 2026 | $585,455 |
| Oct 27, 2026 (latest) | $544,786 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $1.8m |
| Dec 31, 2023 | $1.07m |
| Dec 31, 2024 | $1.23m |
| Dec 31, 2025 | $606,909 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/wrap-protocol
Frequently asked questions
What is Wrap Protocol's TVL?
As of Oct 27, 2026, Wrap Protocol has $546,132 in total value locked. TVL has decreased 7.2% over the past 30 days.
What chains does Wrap Protocol operate on?
Wrap Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Wrap Protocol's TVL compare to similar protocols?
Among Synthetics protocols tracked by DefiLlama, Wrap Protocol ranks #6 by TVL. The category holds $70.74m across 36 protocols, and Wrap Protocol accounts for 0.8% of that total. Similar protocols include Alchemix V3, Metronome Synth, Usual ETH0, Outcome Finance, CVI Finance, Yam Finance, Alchemix V2, Rumpel Labs, Crafting Finance, and QIAN.