In this paper, we will provide an overview of the wavelet-based watermarking techniques available today. We will see how previously proposed methods such as spread-spectrum watermarking have been applied to the wavelet transform domain in a variety of ways and how new concepts such as the multi-resolution property of the wavelet image decomposition can be exploited. One of the main advantages of watermarking in the wavelet domain is its compatibility with the upcoming image coding standard, JPEG2000. Although many wavelet-domain watermarking techniques have been proposed, only few fit the independent block coding approach of JPEG2000. We will illustrate how different watermarking techniques relate to image compression and examine the robustness of selected watermarking algorithms against image compression.