Introducing Real-Time Data Streams — Give your infrastructure a direct streaming line to any event happening on Hyperliquid. Read more →

Introducing Real-Time Data Streams — Give your infrastructure a direct streaming line to any event happening on Hyperliquid. Read more →

Wrapped Token

A wrapped token represents an asset from one chain (or one form) as a token on another chain. WBTC is Bitcoin on Ethereum; WETH is ETH usable as an ERC-20. The wrapping is usually backed 1:1 by reserves held by a custodian or a bridge contract, and the trust assumptions of the wrapping system fully apply to the wrapped token.

See also: Interoperability, DeFi (Decentralized Finance), Blockchain.

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