Wrapped BNB (WBNB) is an ERC‑20/BEP‑20 compatible token that represents Binance Coin (BNB) in a wrapped format, enabling it to be used in smart contracts, DeFi protocols, and cross-chain applications while maintaining a 1:1 peg to BNB. WBNB allows BNB holders to interact with decentralized platforms that require token standard compliance for liquidity and trading purposes.