What Is Wrapped Token?
Definition
A wrapped token is a representation of a cryptocurrency on a different blockchain than its native chain — created by locking the original and minting an equivalent on the target chain.
Wrapped tokens allow tokens from one blockchain to be used on another. The most well-known example is Wrapped ETH (WETH) — ETH converted to the ERC-20 standard so it can interact with DeFi protocols that require ERC-20 compatibility.
- WETH (Wrapped ETH) — ETH as an ERC-20. Required for Uniswap v2 pools since the pool contract expects two ERC-20 tokens.
- WSOL (Wrapped SOL) — SOL as an SPL token. Used in Raydium pools and other Solana DeFi.
- WBTC (Wrapped Bitcoin) — Bitcoin represented as an ERC-20 on Ethereum.
- wSOL on Ethereum — Solana's SOL token bridged to Ethereum via Wormhole.
- When creating a Raydium pool on Solana, your token is paired with WSOL (the system handles wrapping automatically)
- When creating a Uniswap pool on Ethereum/Base, your ERC-20 is paired with WETH
- CoinDevTools handles the wrapping/unwrapping transparently — you just deposit SOL or ETH
The wrapping mechanism is why you see "WSOL" or "WETH" in pool names instead of plain "SOL" or "ETH" — they're the same value, just in a compatible token format.
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Create a Pool with WSOLRelated Terms
SPL Token
An SPL token is the standard fungible token format on the Solana blockchain, equivalent to ERC-20 on Ethereum.
ERC-20 Token
ERC-20 is the most widely used token standard on Ethereum and EVM-compatible chains, defining how fungible tokens are created and transferred.
Liquidity Pool
A liquidity pool is a pair of tokens locked in a smart contract that enables decentralized trading on automated market makers (AMMs) like Raydium and Uniswap.
Bridge (Cross-Chain Bridge)
A blockchain bridge is a protocol that transfers tokens or data between two different blockchains — enabling assets created on one chain to be used on another.