WETH
WETHProject Safety Score: 93%
Updated 4 days, 8 hours agoWETH, or Wrapped ETH, is a tokenized version of ETH that adheres to ERC-20 token standards, allowing for compatibility with Ethereum dApps and other ERC-20 tokens. This alignment enhances its utility, enabling functions such as staking, yield farming, lending, and participation in liquidity pools. The value of WETH remains anchored to ETH at a 1:1 ratio, ensuring consistent pricing across platforms.
Custodians facilitate the wrapping and unwrapping of ETH into WETH, which involves sending ETH to a custodian like a multi-signature wallet, DAO, or smart contract. Users can interact with decentralized exchanges by connecting their web3 wallets to wrap ETH into WETH, while centralized exchanges handle the process through burning and minting mechanisms. Developers indicate that future updates to ETH aim to make it compliant with ERC-20 standards, potentially reducing the necessity for WETH.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
Contract Security
0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2On-Chain Facts
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0xf04a5cc80b1e94c69…19.91% -
0x4d5f47fa6a74757f3…11.80% -
0x2f0b23f53734252bd…10.93% -
0x59cd1c87501baa753…6.34% -
0xc3d688b66703497da…2.64% -
0x3ee18b2214aff9700…2.13% -
0x3afdc9bca9213a355…1.35% -
0x4e68ccd3e89f51c30…1.32% -
0xbbbbbbbbbb9cc5e90…1.30% -
0x21b8065d10f73ee2e…1.27%
WETH Exchanges
Top 20 by trust scoreView on Chain
Market Stats
Recent News
Compound completes liquidation of rsETH attacker's position; WETH and wstETH Comet transfer functions have returned to normal
Analysis: Aave liquidity returns to normal, with available WETH in the Core market reaching 448 million dollars
WETH Price Today: Live WETH to USD Price Chart & Market Data in India
Compound Foundation: Comet markets for Ethereum WETH and wstETH have resumed trading
Aave Partially Unfreezes WETH After Kelp Bridge Exploit
Aave’s WETH unfreeze hands leverage to whales and illiquidity to everyone else
Aave announces unfreezing of Ethereum Core V3 market WETH reserves
Is Aave facing a liquidity risk as utilization climbs to 100%?
Why I withdrew everything from Aave this weekend
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