Wrapped Assets
Manage Spectra wrapper positions from Portfolio.
Open Portfolio → Wrapped Assets to manage supported wrapper positions. Select the asset and network, then open its available Wrap, Unwrap or Redeem action. Available actions depend on the wrapper type and balances.
- On EVM networks, Wrap deposits the wrapper's base asset and receives wrapper shares. Unwrap burns wrapper shares and returns the base asset.
- Redeem burns wrapper shares and returns the underlying asset. Check the output token: it can differ from the base asset received by Unwrap.
- On Stellar, Wrap deposits the underlying asset directly and receives wrapper shares; Redeem returns the underlying asset. There is no transferable base vault share to wrap or unwrap.
Enter the amount and review the output in its own token units. Wrapper shares and base tokens may have different decimals and exchange rates; one share is not necessarily one base token. Approve the required asset if prompted, then confirm the transaction.
Wait for the confirmed transaction and balance refresh before starting another action. If a quote or balance cannot be refreshed, resolve that error before submitting again. An unavailable conversion is not treated as a 1:1 quote.
Wrapped assets are a Portfolio workflow. The former standalone wrapper URL redirects to this tab in production.