WETH
(WETH)$ 2,999.27
0.012 % (24H)WETH Data
Price Range (24H)
Lowest
$ 2,998.69
Highest
$ 3,000.94
ATH
$ 3,499
Price Change (24h)
0.012 %
Price Change (7d)
0 %
Market Cap
$ 9.029 B
24h Volume
$ 0
Circulating Supply
2,716,580
Max Supply
-1
WETH Overview
Wrapped Ethereum, or WETH, is an ERC-20 token that represents Ether (ETH) within the Ethereum blockchain. It is designed to enhance the functionality of ETH by making it compatible with smart contracts and DApps that require ERC-20 tokens. The creation of WETH involves depositing ETH into a specific smart contract, which retains an equivalent amount of WETH, enabling its use within the Ethereum network. This facilitates ETH trading on decentralized exchanges (DEXs) that only support ERC-20 tokens, and allows for its easier integration into smart contracts. Championed by Will Warren, co-founder of 0x, WETH plays a pivotal role in enhancing liquidity and flexibility within the Ethereum ecosystem.