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Bridges & Wrong-Network Mistakes
Native Token vs Wrapped Token
Understand the difference between native assets and wrapped versions on other networks.
Network map
What this means
A native token belongs to its original chain, while a wrapped token represents that asset on another network or contract system.
Core ideas
What to understand first
- ETH on Ethereum mainnet is native ETH.
- ETH on some L2s may function as gas but still belongs to that network environment.
- Wrapped BTC is a tokenized representation of BTC.
- Native and wrapped assets can have different risks.
User checklist
What to check before moving assets
- Check the network and contract address.
- Confirm what the receiving platform supports.
- Do not assume all versions of an asset are equivalent.
- Check bridge or redemption options.
Risk note
Common mistakes to avoid
- Exchanges may support one version but not another.
- Wrapped assets can depend on bridge or custodian design.
- Fake wrapped tokens can imitate real assets.