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.
You can open the Markets section above to see the live list of exchanges quoting WXRP, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Wrapped XRP (WXRP)?
The reported 24-hour trading volume of Wrapped XRP is $161.00K. Volume is a live reading of how much WXRP changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Wrapped XRP (WXRP)?
Wrapped XRP reached an all-time high of $18.37 on June 18, 2023, and an all-time low of $0.1246 on April 16, 2024. It is currently trading -92.40% from its peak and +1020.72% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where WXRP sits in its long-run price range.