Wrapped Tron

Wrapped Tron (TRX) ranks #7845 by market capitalization, at $1.38B. It belongs to the DeFi sector (Synthetic Assets). It has traded since Jun 2, 2023, across 5 markets on 4 exchanges, with $31.71M of volume in the last 24 hours. Its all-time high of $0.52474 was reached on Dec 1, 2024; the current price is 39.1% below that peak. Its cycle low of $0.204104 came on Feb 3, 2025.

3.58B TRX are in circulation. On Ethereum, 24,183 addresses hold TRX. It is available on 2 networks.

Wrapped TRON (wTRX) is a token that represents TRON (TRX) on other blockchain platforms, allowing TRX to be used in decentralized finance (DeFi) ecosystems outside of its native network. This wrapping process involves the issuance of wTRX tokens on another blockchain, which are pegged on a 1:1 basis with the original TRX coins. Users can swap their TRX for wTRX through specific services or smart contracts, which hold the original TRX and issue the equivalent amount of wTRX. This enables TRX holders to interact with DeFi products and services on other blockchains while maintaining the underlying value tied to the actual TRX tokens.