WETH

WETH

WETH
Wrapped Watch

Project Safety Score: 93%

Updated 1 day, 2 hours ago
WETHWETH
Market Cap$4553165820
24hr Volume$29728546
24hr Change7.2%
Price$1889.4
Coverage: 1 bucket · 100% resolved
Scoring rubric: Wrapped / Bridged Asset - scored on bridge safety (placeholder)
Bridge Safety
93 AA
100% · medium

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WETH WETH Details
Crypto-Backed TokensWrapped-TokensTerra EcosystemEthereum EcosystemFTX HoldingsTron EcosystemIndex Coop Defi IndexStable Ecosystem

WETH, 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

ethereum · 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
3288044
Top 10 Hold
60.4%
Top 50: 76.2%
Top Holders
  • 0xf04a5cc80b1e94c69… 22.24%
  • 0x4d5f47fa6a74757f3… 13.34%
  • 0x2f0b23f53734252bd… 11.83%
  • 0x59cd1c87501baa753… 3.08%
  • 0xc3d688b66703497da… 2.36%
  • 0x3ee18b2214aff9700… 2.06%
  • 0x88e6a0c2ddd26feeb… 1.52%
  • 0x3afdc9bca9213a355… 1.51%
  • 0x4553e3bc6327006a6… 1.23%
  • 0x4e68ccd3e89f51c30… 1.18%
Source: ethplorer

View on Chain

Tron Stable Terra 2 Ethereum · Etherscan
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57%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$4950.08
All-Time Low$82.1000
Circulating2409907
Total Supply2409907
Launch2016-06-17

Recent News

How do I buy Weth: Full Crypto Handbook

general 1 source 2 weeks, 3 days ago

How do I buy Weth with Card: Instant Crypto How-To

general 1 source 3 weeks, 5 days ago

How can I purchase Weth: Detailed Crypto Primer

general 1 source 3 weeks, 6 days ago

Compound completes liquidation of rsETH attacker's position; WETH and wstETH Comet transfer functions have returned to normal

general 1 source 2 months ago

Analysis: Aave liquidity returns to normal, with available WETH in the Core market reaching 448 million dollars

general 1 source 2 months ago

WETH Price Today: Live WETH to USD Price Chart & Market Data in India

general 2 sources 2 months, 1 week ago

Compound Foundation: Comet markets for Ethereum WETH and wstETH have resumed trading

general 4 sources 2 months, 1 week ago

Aave Partially Unfreezes WETH After Kelp Bridge Exploit

hack 1 source 2 months, 3 weeks ago

Aave’s WETH unfreeze hands leverage to whales and illiquidity to everyone else

general 1 source 2 months, 3 weeks ago

Aave announces unfreezing of Ethereum Core V3 market WETH reserves

general 4 sources 2 months, 3 weeks ago