Ask about Wrap Protocol · freeWrap Protocol(WRAP)
Total Value Locked$558,447
TVL by Chain
Ethereum$558,447
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 16, 2026.
All-time high TVL: $4.16m on Jun 1, 2022. All-time low TVL: $417,356 on Jun 11, 2026.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $536,914 |
| Sep 18, 2026 | $540,248 |
| Sep 19, 2026 | $566,339 |
| Sep 20, 2026 | $567,628 |
| Sep 21, 2026 | $568,856 |
| Sep 22, 2026 | $593,084 |
| Sep 23, 2026 | $591,620 |
| Sep 24, 2026 | $580,087 |
| Sep 25, 2026 | $584,672 |
| Sep 26, 2026 | $586,377 |
| Sep 27, 2026 | $588,217 |
| 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 |
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 16, 2026 (latest) | $561,957 |
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 16, 2026, Wrap Protocol has $558,447 in total value locked. TVL has increased 4.7% 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 $72.85m across 36 protocols, and Wrap Protocol accounts for 0.8% of that total. Other leading protocols include Alchemix V3, Metronome Synth, Usual ETH0, Outcome Finance, CVI Finance, Yam Finance, Alchemix V2, Rumpel Labs, Crafting Finance, and QIAN.