What Wrapped Centrifuge represents
Wrapped Centrifuge (WCFG) is a wrapped asset, currently ranked 554th by market capitalization among the assets we track. Wrapped Centrifuge is not a standalone asset so much as a portable wrapper. It exists to let value from one chain circulate on another, and its price tracks the underlying almost exactly — by design.
Wrapped Centrifuge (WCFG) is a token that represents the Centrifuge asset on the Ethereum blockchain, allowing users to leverage Centrifuge's decentralized finance (DeFi) capabilities. It enables seamless integration of real-world assets into the DeFi ecosystem.
How the peg to the underlying holds
Minting and burning keep Wrapped Centrifuge aligned with what it wraps. The mechanism is simple; the trust assumption — that the custodian actually holds the reserves — is the part to scrutinize.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20).
Where Wrapped Centrifuge sits in the market
At $0.00349382, Wrapped Centrifuge carries a market capitalization of $347.63K. Around $25.20 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.01% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Wrapped Centrifuge carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. WCFG remains -100% beneath its all-time high of $1.14, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour -3.50%, 7-day -28.32%, 30-day -35.23%, 1-year -97.84%.
Volatility profile
Recent action puts Wrapped Centrifuge in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the last 30 days the move totals -35.23%, a useful input for stop placement and position sizing.
How to evaluate a wrapped asset like Wrapped Centrifuge
For an asset of this type, three lenses matter most:
- Custody model — who holds the underlying behind WCFG and whether reserves are provably 1:1.
- Redeemability — how reliably WCFG can be converted back to the asset it represents.
- Underlying exposure — remember that holding WCFG is really holding the underlying — analyze that asset directly.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
