Top Rehypothecated Crypto (Wrapped, Staked, and Restaked) by Market Capitalization

Listed below are the top staked and wrapped assets by Market Capitalization.

1. Wrapped crypto assets are tokens backed one-to-one by an underlying asset and aim to enable interoperability between different blockchains. Wrapped BTC, issued by BitGo, was the first ERC20 token backed 1:1 with Bitcoin.
2. Staking is the act of locking crypto assets for a period of time to support the operation of a blockchain in exchange, with the goal of earning more cryptoassets. Lido offers staking solutions.
3. Restaking allows staked assets to be reused for additional rewards, enhancing utility, and liquidity. Protocols like Eigenlayer offer restaking.

This asset class has a separate rank because they are rehypothecated.