Currently, to access cross-chain DeFi, a user must have fragmented amounts of a single asset in multiple wallets and across multiple chains. The main issues with this model are fungibility (Asset A on Chain A is not immediately composable with Asset A on Chain B) and usability (sending assets from Chain A to Chain B requires bridges that introduce complexity and risk). CelsiusX is aiming to improve the user experience when interacting with protocols across different chains by standardizing wrapping in the DeFi ecosystem, which solves the fragmentation and fungibility issues present in current wrapping options. By acting as a cross-chain liquidity bridge, CelsiusX will create the next generation user experience where the user will have one hub wallet (on Celsius) from which the they can deposit and withdraw a standardized CelsiusX wrapped asset (cxToken) to any supported chain. In addition, state-of-the-art wrapped token providers, such as wrapped.com, don't allow for yield generation on the native asset and don't allow for retail users to wrap and unwrap tokens. Our novel approach for wrapping tokens is intended to enable yield generation on the native asset, while still maintaining full backing, and is easily accessible to everyday retail users.