Wrapped XDC PriceWXDC

What is Wrapped XDC (WXDC)?

Wrapped XDC (WXDC) is an XRC-20 token that represents a 1:1 wrapped version of the native XDC coin on the XDC Network, formerly known as XinFin. The XDC Network is an enterprise-ready hybrid blockchain built for global trade and finance, supporting over 2000 transactions per second with very low fees. WXDC exists because the native XDC token was released before the XRC-20 standard was developed, meaning XDC in its original form does not conform to its own token standard. By wrapping XDC into WXDC, holders receive a standardized token that can interact seamlessly with smart contracts, decentralized exchange pools, and DeFi applications across the XDC ecosystem. The wrapping process is free and maintains value parity, so 1 XDC always equals 1 WXDC, and unwrapping back to native XDC takes only a few clicks on any DEX. WXDC carries no transfer fee and has become the primary wrapped XDC token on the network, created by the XSwap Protocol team.

Key Specifications & Tokenomics

• Name: Wrapped XDC
• Ticker / Symbol: WXDC
• Token Standard: XRC-20
• Blockchain / Network: XDC Network (formerly XinFin)
• Chain ID: 50
• Contract Address (XDC Network): 0x951857744785E80e2De051c32EE7b25f9c458C42
• Decimals: 18
• Category Tags: Smart Contract Platform, Crypto-Backed Tokens, Wrapped-Tokens, XDC
• Max Total Supply: 72,096,973.47407292041407093
• Circulating Supply Snapshots: 67.18M to 264.18M depending on source and date
• Circulation Rate: 100%
• Fully Diluted Market Cap: $1,836,237.67
• Holder Count: Approximately 2,039 to 2,048
• Transfer Fee: None

Who created Wrapped XDC?

Wrapped XDC was created by the XSwap Protocol team. Following its launch, it quickly became the main wrapped XDC token on the XDC Network. The XSwap Protocol is a decentralized exchange platform operating within the XDC ecosystem, and WXDC is featured prominently on the XSwap platform. The broader XDC Network developer community is active on the XinFin XDC Network Developers Forum at xdc.dev, which hosts a community of 7,657 users. Beyond the XSwap Protocol team, detailed public information about individual founders or core team members behind Wrapped XDC is currently limited.

How does Wrapped XDC work?

Wrapped XDC operates on a straightforward wrapping and unwrapping mechanism. Users convert native XDC into WXDC at a free 1:1 ratio, meaning the value of the underlying asset is preserved throughout the process. Once wrapped, WXDC conforms to the XRC-20 standard, which defines mandatory functions including totalSupply, balanceOf, transfer, transferFrom, approve, and allowance. These standardized functions allow WXDC to be integrated into smart contracts, liquidity pools on decentralized exchanges, and DeFi protocols without developers needing to understand the unique mechanics of the native XDC token. Unwrapping WXDC back into XDC is equally simple and can be completed in a couple of clicks on any DEX. The entire process is designed to be frictionless, with no transfer fees applied to WXDC transactions.

What makes Wrapped XDC unique and valuable?

Wrapped XDC solves a fundamental interoperability problem within the XDC Network. Because the native XDC token predates the XRC-20 standard, it cannot directly interact with XRC-20 smart contracts or participate in decentralized token swaps. WXDC bridges this gap by providing an XRC-20 compliant representation of XDC that functions identically to other tokens on the network, such as the Xswap token (XSP), Comtech Gold CGO token, and Plugin PLI token. This standardization enables WXDC to be listed on exchanges, used in DEX pools, and integrated into DeFi applications. The free 1:1 exchange rate and absence of transfer fees make WXDC a cost-effective tool for anyone seeking to use XDC within the broader smart contract and DeFi ecosystem. Its rapid adoption as the primary wrapped XDC token demonstrates its utility and trust within the community.

What is Wrapped XDC used for?

Wrapped XDC serves multiple purposes within the XDC Network ecosystem. Its primary use is enabling native XDC to participate in XRC-20 smart contracts, which would otherwise be impossible due to the native token's non-compliant format. WXDC is used in DEX pools to facilitate decentralized swaps between XDC and other XRC-20 tokens. It also plays a role in DeFi applications and launchpad activities on the XDC Network. Users can buy, sell, manage, and trade WXDC directly through MetaMask, which also offers prediction markets, perpetual trading with up to 50x leverage, and staking options for passive income. Additionally, WXDC may be available for swapping through Crypto.com Onchain, the platform's official decentralized product. Conversion pairs include WXDC to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW.

How Is the Wrapped XDC ecosystem developing?

The Wrapped XDC ecosystem is closely tied to the growth of the XDC Network and the XSwap Protocol. WXDC was created by the XSwap Protocol team and is featured on the XSwap platform, which serves as a key decentralized exchange for the network. The token is listed on major trading venues including Binance, Coinbase, Crypto.com, Bitget, MetaMask, and MEXC, and trades on 53 active markets according to Coinbase. The XDC Network itself supports a range of related tokens such as Xswap token (XSP), Comtech Gold CGO token, and Plugin PLI token, indicating a diverse and expanding token ecosystem. The developer community remains active through the XinFin XDC Network Developers Forum, and educational content about WXDC and related topics has been published on xdc.dev since 2022. Market data from multiple sources shows ongoing trading activity and holder counts in the low thousands, suggesting a stable base of engaged users.

How to mine Wrapped XDC?

Wrapped XDC cannot be mined because it is not a native blockchain token with its own consensus mechanism. Instead, WXDC is created through a wrapping process in which native XDC is locked and an equivalent amount of WXDC is issued at a 1:1 ratio. This process is free and does not require mining equipment or computational power. To obtain WXDC, users can wrap their existing XDC through supported platforms or purchase WXDC directly on exchanges where it is listed. Unwrapping WXDC back into native XDC is equally accessible and can be done on any DEX in a few clicks. There is no staking or mining mechanism specific to WXDC itself, though MetaMask offers staking options that may allow users to earn passive income on certain assets.

How to keep your Wrapped XDC safe?

Securing Wrapped XDC requires the same precautions as any other cryptocurrency. Store your WXDC in a reputable wallet that supports XRC-20 tokens on the XDC Network, such as MetaMask, which is widely used for managing WXDC and has strong ratings across app stores. Always verify the official contract address (0x951857744785E80e2De051c32EE7b25f9c458C42) before interacting with any token or platform to avoid counterfeit assets. Use hardware wallets for large holdings and enable two-factor authentication where available. Be cautious of phishing attempts and unofficial links, and only use verified platforms for wrapping, unwrapping, or trading WXDC. Given the price volatility observed in WXDC's history, including a decline of over 64% in one year, investors should conduct independent research and consider consulting a financial professional before making investment decisions. Never share your private keys or seed phrases with anyone.