WRAPPED MONERO

Monero is used for doing private and untraceable transactions. Wrapping essentially means that users can swap Monero for Wrapped Monero to unlock all the advantages of DeFi including lending, staking, yield farming, and DApps.

Many centralized exchanges are not listing Monero for privacy reasons. Decentralized exchanges could make Monero more accessible overall by allowing users to swap to Wrapped Monero, which could then be swapped using any available swapping pair.