WXDAI is the wrapped version of xDAI, which is the native currency used for gas on the Gnosis Chain. It is also a derivative of the Dai stablecoin and is pegged to the US Dollar
WXDAI is a low-cap, fully collateralized asset.
WXDAI is a stablecoin that trades within 100bps of its peg to USD, making it a somewhat volatile store of value.