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About Wrapped BNB
Wrapped BNB (WBNB) is a BEP-20 token on the BNB Smart Chain (BSC) that is pegged 1:1 to the value of BNB, the native asset of the Binance ecosystem. By wrapping BNB into the BEP-20 standard, it becomes compatible with decentralized applications (DApps) and smart contracts on the BSC and other EVM-compatible networks. This enables the use of BNB within decentralized finance (DeFi) protocols such as automated market makers and lending platforms, serving as a functional bridge between the native coin and the ecosystem's smart contract capabilities.
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