1H
0.80%$15.09
24H
-0.21%$4.00
7D
-5.21%$105
30D
-16.6%$378
The hacker hasn’t moved the $20 million in DAI stolen or any other cryptocurrencies extracted from the cross-chain bridge.
Pepe price has outshined dog-themed meme coins in the recent past but early investors have been spotted on a selling spree.
Interface fees on Uniswap are the charges incurred by traders when executing token swaps using the protocol’s wallet interface and web app.
The use of Web3 gaming protocols to onboard millions of users to the crypto and blockchain industry has helped the respective tokens to experience parabolic rallies.
Blockchain analytics firm Arkham Intelligence has also confirmed the price surge from a Donald Trump-labeled crypto wallet.
Wraped Ethereum (WETH) is an ERC-20 token that represents Ethereum (ETH) in a format that is compatible with smart contracts and decentralized exchanges. Since ETH is not an ERC-20 token by default, wrapping ETH into WETH allows for interoperability across DeFi applications. WETH lets ETH holders trade and interact with smart contracts without manual conversions. WETH is required for DeFi transactions and automagic on the Ethereum network.
WETH is a tokenized version of Ethereum that integrates with ERC-20 applications. Wrapping ETH involves locking ETH in a smart contract and receiving an equivalent amount of WETH. This makes ETH compatible with DeFi applications, decentralized exchanges, and liquidity pools. Wrapping ETH improves transaction speed and interoperability between Ethereum-based protocols.
WETH allows users to interact with smart contracts, liquidity pools, and lending platforms. Since DeFi applications are built on top of ERC-20 tokens, WETH makes ETH compatible within these ecosystems. Users can trade WETH on decentralized exchanges, provide liquidity, or use it as collateral for loans. Smart contract platforms like Uniswap, Aave, and MakerDAO rely on WETH for asset management and automatic financial transactions.
Currently, Wrapped Ether (WETH) is trading at [NC]. Its 24-hour trading volume is $1.21 billion, as of February 27, 2025. Its market cap has reached $7.83 billion.
WETH can be bought on decentralized exchanges (DEXs) like Uniswap, SushiSwap, and Balancer where you can swap ETH for WETH. Centralized exchanges (CEXs) like Binance, Coinbase, and Kraken WETH also allow trading WETH against various cryptocurrencies. To buy WETH, you need to deposit ETH or fiat on an exchange and convert it to WETH.
Yes, you can unwrap WETH back to ETH at a 1:1 ratio using decentralized exchanges like Uniswap, SushiSwap, and Balancer. The process is simple, you can switch between WETH and ETH seamlessly. Since WETH is just a wrapped version of ETH you can unwrap it anytime to get back your original ETH. This gives traders and DeFi participants the flexibility to switch between ERC-20 tokens and native Ethereum.
As of February 27, 2025, Wrapped Ether (WETH) has a 24-hour trading volume of around $1.21 billion.
WETH 24-hour volume shows the liquidity and trading activity across exchanges. High volume means high investor interest and low volume means low market participation. WETH volume traded daily depends on Ethereum’s price, market trends, and DeFi adoption. Monitoring WETH volume helps to understand market momentum and liquidity.
The highest price ever reached for Wrapped Ethereum (WETH) was $4,879.73 on November 8, 2021.
WETH’s all-time high was reached during big bull runs when Ethereum was growing and DeFi was expanding. The all-time high was hit during periods of high demand, network congestion, and speculative trading. Tracking WETH’s historical price helps to understand market trends and future price levels.
As of February 27, 2025, Wrapped Ether (WETH) has a market cap of $7.83 billion.
WETH market cap is calculated by multiplying the current price with the circulating supply. Since WETH is pegged to ETH, its market cap follows Ethereum’s valuation. WETH’s market cap reflects its usage in DeFi, decentralized exchanges, and liquidity pools. Monitoring the WETH market cap helps to understand its impact on the broader crypto market. As Ethereum adoption grows WETH market cap follows ETH’s movements.
You can store WETH in ERC-20 compatible wallets like MetaMask, Ledger, and Trust Wallet. Since WETH is built on the Ethereum network, any Ethereum-compatible wallet supports WETH storage. Hardware wallets provide additional security for long-term storage, software wallets for trading, and DeFi interactions. Private key security is key when storing WETH to prevent unauthorized access.
WETH can be bought on decentralized exchanges like Uniswap, SushiSwap, and Balancer and centralized exchanges like Binance, Coinbase, and Kraken. You can trade WETH with multiple cryptocurrency pairs to have high liquidity.
WETH is an ERC-20 tokenized version of ETH, making it compatible with smart contracts and DeFi applications. ETH is the native currency of the Ethereum blockchain but is not ERC-20 compliant, so it can not be used directly in decentralized exchanges.
The current market capitalization of WETH is approximately $7.83 billion, with a circulating supply of about 3.38 million WETH tokens. WETH market cap is calculated based on the current price and circulating supply, same as Ethereum’s market value. WETH's market cap is important to understand its position in DeFi protocols and the broader cryptocurrency market.
Yes, you can unwrap WETH to ETH at a 1:1 ratio. The most popular way to convert WETH to ETH is via DEXes. However, the cheapest way to unwrap WETH is via Centralized Exchanges like Binance.
Do you want to learn all about the Russell 2000 index, a benchmark for small-cap stocks in the US market? Here is a detailed guide to help you discover its history, composition, and how it differs from other indexes.
The guide provides information on a Direct Public Offering (DPO) – a type of offering in which a company offers its securities directly to the public in order to raise capital.
