Wrist rehabilitation exoskeletons have gained much attention over the last decades, striving to restore motor functions for patients with neuromuscular disorders. Electromyography signal has been employed to estimate the motion intention to achieve interactive training schemes. However, it is a challenging task to estimate the joint impedance in real time, as it is a crucial parameter for control of exoskeletons. This article proposes an adaptive cooperative control strategy for a wrist exoskeleton based on a real-time joint impedance estimation approach. By explicitly interpreting the underlying transformation in the muscular and skeletal systems, the proposed approach estimates the motion intention and the joint impedance of a human subject simultaneously without additional calibration procedures and regulates the training trajectories and assistance accordingly. Results indicate the proposed method outperforms other training protocols, including the trajectory tracking control and the fixed cooperative control. The proposed control strategy provides an additional 66.25% motion deviation when estimated joint torque increases 12.36%, which enhances the training effectiveness and the interaction safety and promotes subjects' active engagement.