What Wrapped Pocket represents
Wrapped Pocket (WPOKT) is a wrapped asset, currently ranked 558th by market capitalization among the assets we track. Wrapped Pocket 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 Pocket (WPOKT) is a token that represents Pocket Network's native asset, enabling developers to access decentralized infrastructure for building Web3 applications. It is designed to enhance interoperability and provide greater utility within the Pocket Network ecosystem.
How the peg to the underlying holds
Minting and burning keep Wrapped Pocket aligned with what it wraps. The mechanism is simple; the trust assumption — that the custodian actually holds the reserves — is the part to scrutinize.
WPOKT is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Wrapped Pocket first went live in 2023, giving it roughly 3 years of on-chain price history to draw on. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20) and DePIN.
Where Wrapped Pocket sits in the market
At $0.00611155, Wrapped Pocket carries a market capitalization of $626.19K. Around $35.07 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.
About 90% of the hard cap of 113.8M WPOKT has been minted, leaving only modest issuance ahead. WPOKT remains -99% beneath its all-time high of $0.4267, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, WPOKT shows 24-hour -2.98%, 7-day -12.01%, 30-day -24.18%, 1-year -64.68%.
Volatility profile
Recent action puts Wrapped Pocket in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -24.18%, a useful input for stop placement and position sizing.
How to evaluate a wrapped asset like Wrapped Pocket
A grounded read on WPOKT comes down to three questions:
- Custody model — who holds the underlying behind WPOKT and whether reserves are provably 1:1.
- Redeemability — how reliably WPOKT can be converted back to the asset it represents.
- Underlying exposure — remember that holding WPOKT 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.