Wrap & Unwrap Unilend Interest Bearing Tokens (uTokens)
Convert rebasing uTokens into non-rebasing wrapped tokens (wuTokens) and back, to use them across various DeFi protocols.
uTokens represent your supplied assets in Unilend at a 1:1 ratio. They earn yield automatically, with your wallet balance growing continuously. When you wrap, your rebasing uTokens turn into non-rebasing wuTokens. Your wuToken balance stays constant, while the value grows through an ever-increasing exchange rate. Unwrap anytime to convert wuTokens back into uTokens at the current accrued rate.
Important notice
After wrapping, your uTokens will no longer be counted in your health factor. Please monitor your positions carefully to avoid unexpected liquidations.
Asset Name
uToken Price
Interest Rate, %
Action