What Wrapped Matic represents
Wrapped Matic (WMATIC) is a wrapped asset, currently ranked 488th by market capitalization among the assets we track. The whole purpose of Wrapped Matic is interoperability: it represents a deposited asset 1:1 on a chain that couldn't otherwise hold it. The relevant risk is custody of the underlying, not price discovery.
How the peg to the underlying holds
Minting and burning keep Wrapped Matic aligned with what it wraps. The mechanism is simple; the trust assumption — that the custodian actually holds the reserves — is the part to scrutinize.
Where Wrapped Matic sits in the market
With WMATIC near $0.0795, Wrapped Matic carries a market capitalization of $16.05M. Around $220.57K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.37% of the float — on the quieter side, which can mean thinner liquidity for large orders.
What the price history shows
Recent moves read 24-hour -2.14%, 7-day +2.83%.
Volatility profile
Recent action puts Wrapped Matic in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.
How to evaluate a wrapped asset like Wrapped Matic
A grounded read on WMATIC comes down to three questions:
- Custody model — who holds the underlying behind WMATIC and whether reserves are provably 1:1.
- Redeemability — how reliably WMATIC can be converted back to the asset it represents.
- Underlying exposure — remember that holding WMATIC 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.
