About WETH
Trading Insights
Traders
629K
Searched
10
Market Stats
Market Cap
$652.37M
FDV
$12.80B
Circ. Supply
3.4M WETH
Max Supply
Not enough data
Total Supply
3.4M WETH
Performance
Popularity
Not enough data
Dominance
0.34%
Volume (24H)
$1.42B
-100%
Volume (7D)
$11.84B
Volume (30D)
$29.74B
All time high
$12.14K
Price Change (1Y)
17.49%
Additional details
Market details
WETH vs markets
↘ 28.04%
WETH vs BTC
↘ 35.89%
WETH vs ETH
↘ 0.09%
Tags
defi
privacy
wrapped-tokens
depin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Optimism | 0x4200000000000000000000000000000000000006 | |
Arbitrum | 0x82aF49447D8a07e3bd95BD0d56f35241523fBab1 | |
Base | 0x4200000000000000000000000000000000000006 | |
Ethereum | 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 |
Price history
Time | Price | Change |
|---|---|---|
Today | $3,796.93 | ↗ 0.40% |
1 Day | $3,789.22 | ↗ 0.22% |
1 Week | $3,612.69 | ↗ 5.12% |
1 Month | $2,471.58 | ↗ 53.65% |
1 Year | $3,232.43 | ↗ 17.49% |
Coinbase insights
Recent trends
The latest WETH price is $3,796.93. Compared to WETH's value of $3,789.22 from 24 hours ago, there's been a 0% increase, while the current price is 5% up from $3,612.69 which was recorded one week ago. WETH's all time high is $12,144.11, which was reached on November 17, 2021. This is a -69% change from its price today.
The market cap is currently $652.37M, which is a result of multiplying the current price of WETH($3,796.93) by the total supply(3,375,318 WETH). The fully diluted valuation of WETH is $12.80B. The diluted valuation of WETH is $12.80B.
FAQ
Wrapped Ethereum (WETH) is a cryptocurrency based on Ethereum’s ERC-20 protocol. According to the website, WETH allows users to exchange Ethereum (ETH) tokens for other crypto assets built on the ERC-20 architecture on various decentralized trading platforms. Decentralized platforms built on Ethereum use smart contracts that enable trading among users of ERC-20 tokens. However, the users need to have tokens built on common standards protocol to enter trading, seeking to prevent token loss in transactions.
A wrapped token is a cryptocurrency tied to the original cryptocurrency or other assets like gold, equity, real estate, etc. Likewise, WETH is a wrapped token pegged to ETH. ETH is the primary crypto asset of the Ethereum blockchain network that uses a proof-of-stake (PoS) consensus mechanism. The token was designed for real-world usage, aiming to power decentralized applications (DApps). As mentioned on the website, ETH existed before the creation of ERC-20. Hence, wrapping ETH as WETH allows holders to access trade with other ERC-20 tokens. Further, users also have the option to unwrap WETH by trading WETH with plain ETH.
Moreover, the website claims there is no future for WETH since the Ethereum network is working toward making ETH compliant with its own ERC-20 standards. Likewise, it also claims that the ERC-20 protocol itself could be replaced following the emergence of newer problems and solutions. However, work is already going on a new ERC-223 standards protocol.
Wrapped Ethereum (WETH) was conceptualized and developed by a group of Ethereum projects headed by Ox Labs. The first WETH smart contract was released in November 2017. Ethereum (ETH) was cocreated by Vitalik Buterin, Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di Iorio in 2014. ETH was the first crypto platform used to develop decentralized applications (DApps).
We update our WETH to USD currency in real-time. Get the live price of WETH on Coinbase.
The current market cap of WETH is $652.37M. A high market cap implies that the asset is highly valued by the market.
The all-time high of WETH is $12,144.11. This all-time high is highest price paid for WETH since it was launched.
Over the last 24 hours, the trading volume of WETH is $1.42B.
Assets that have a similar market cap to WETH include Wrapped Bitcoin, Wrapped Beacon ETH, Lido wstETH, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of WETH is 3.4 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
WETH news
Trending articles
Social stats
Popularity in posts
#1870
Contributors
79
Posts
175
% About WETH
0.011%
Hold times
0 days
X (Twitter)
33.21% bullish
Sentiment
3.5 ★
Highlights
79 unique individuals are talking about WETH and it is ranked #1,870 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, WETH has an average sentiment score of 70 out of 5. Finally, WETH is becoming less newsworthy, with 0 news articles published about WETH.
On Twitter, people are mostly neutral about WETH. There were 36.82% of tweets with bullish sentiment compared to 10.88% of tweets with a bearish sentiment about WETH. 63.18% of tweets were neutral about WETH. These sentiments are based on 175 tweets.
On Reddit, WETH was mentioned in 0 Reddit posts and there were 0 comments about WETH. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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WETH calculator
1 WETH (WETH) to Canadian Dollar (CAD)
CA$5,246.35
1 WETH (WETH) to British Pound (GBP)
£2,858.05
1 WETH (WETH) to Japanese Yen (JPY)
¥565,699.69
1 WETH (WETH) to Indian Rupee (INR)
₹333,051.99
1 WETH (WETH) to Real (BRL)
R$21,298.36
1 WETH (WETH) to Euro (EUR)
€3,308.17
1 WETH (WETH) to Nigerian Naira (NGN)
NGN 5,823,507.85
1 WETH (WETH) to South Korean Won (KRW)
₩5,284,737.39
1 WETH (WETH) to Singapore Dollar (SGD)
S$4,911.87
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.