
Secret (ERC20) (WSCRT)
Key data
updated $0Secret (ERC20), or WSCRT, is an Ethereum-based token that represents Secret Network's native SCRT coin in wrapped ERC-20 form. Think of it as a bridge token: it lets SCRT move around the Ethereum ecosystem, where it can be used in DeFi apps, wallets, and exchanges that support ERC-20 tokens. The underlying asset is still SCRT, the coin that powers Secret Network, a blockchain focused on privacy-preserving smart contracts.
Frequently asked questions
What is WSCRT and how is it different from SCRT?
WSCRT is a wrapped version of SCRT, Secret Network's native coin, issued as an ERC-20 token on Ethereum. The main difference is the chain: SCRT lives on Secret Network, while WSCRT circulates on Ethereum, making it compatible with Ethereum wallets and DeFi platforms. You can typically redeem WSCRT 1:1 for native SCRT through a bridge.
How does Secret Network's technology work?
Secret Network is a privacy-focused blockchain built with Cosmos SDK, using delegated proof-of-stake consensus. Its key feature is 'secret contracts' — smart contracts where inputs, outputs, and state can be encrypted, so transactions stay private by default. WSCRT itself is just a standard ERC-20 token and doesn't carry these privacy features on Ethereum.
How is the supply of SCRT and WSCRT handled?
SCRT has a fixed max supply of 10 million coins, but it's not deflationary — staking rewards continuously mint new coins, so the circulating supply grows over time. WSCRT is minted only when someone locks native SCRT in the bridge, so its supply simply mirrors how much SCRT has been wrapped at any given moment.
How can I store and use WSCRT?
Since WSCRT is a standard ERC-20 token, any Ethereum-compatible wallet like MetaMask works fine — just add the token contract address. You can use it on Ethereum DeFi platforms, trade it on exchanges that list it, or bridge it back to native SCRT when you want to interact with Secret Network itself. Always double-check the official contract address before sending or swapping.