What is Wrapped XRP (WXRP)?
Wrapped XRP is a 1:1 equivalent of XRP represented as an ERC-20 on Ethereum. Wrapped.com lets investors use their digital assets to lend, borrow, and trade on all major DeFi platforms. Each wrapped asset is fully-collateralized and held with a qualified custodian. Wrapped.com is a collaboration of Tokensoft Inc. with leading custodians and other financial institutions. Tokensoft provides the technology layer via Wrapped.com that allows users to wrap their XRP into wXRP.
Where can you buy Wrapped XRP?
Wrapped XRP (WXRP) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WXRP sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for WXRP. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.