Wrapped Ether

Wrapped Ether Live Price

December 03, 2023 - The current price of Wrapped Ether is $2165.85 per WETH on Tegro: The CEX-DEX. Wrapped Ether is 21.66% below the all time high of $2173.88. The current circulating supply is 3086133.43604917 WETH. Discover new cryptocurrencies to add to your portfolio.

Wrapped Ether Stats

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About Wrapped Ether

What is WETH (Wrapped ETH)? WETH is the tokenized/packaged form of ETH that you use to pay for items when you interact with Ethereum dApps. WETH follows the ERC-20 token standards, enabling it to achieve interoperability with other ERC-20 tokens.  This offers more utility to holders as they can use it across networks and dApps. You can stake, yield farm, lend, and provide liquidity to various liquidity pools with WETH.  Also, unlike ETH, which doesn’t conform to its own ERC-20 standard and thus has lower interoperability as it can’t be used on other chains besides Ethereum, WETH can be used on cheaper and high throughput alternatives like Binance, Polygon, Solana, and Cardano. The price of WETH will always be the same as ETH because it maintains a 1:1 wrapping ratio. How to Wrap ETH? Custodians wrap and unwrap ETH. To wrap ETH, you send ETH to a custodian. This can be a multi-sig wallet, a Decentralized Autonomous Organization (DAO), or a smart contract. After connecting your web3 wallet to a DeFi exchange, you enter the amount of ETH you wish to wrap and click the swap function. Once the transaction is confirmed, you will receive WETH tokens equivalent to the ETH that you’ve swapped. On a centralized exchange, the exchange burns the deposited ETH and mints a wrapped form for you. And when you want to unwrap it, the exchange will burn the wrapped version and mint the ETH on your behalf. What’s Next for WETH? According to the developers, hopefully there will be no future for WETH. According to the website, steps are being taken to update ETH to make it compliant with its own ERC-20 standards. 


Everything you need to know about Wrapped Ether

On which network(s) is Wrapped Ether available?

Wrapped Ether is available on Ethereum, BNB Smart Chain, OP Mainnet, Polygon, Avalanche and Arbitrum One

What is the current price of Wrapped Ether?

The current price of Wrapped Ether is $2165.85.

What is the total supply of Wrapped Ether?

Wrapped Ether has a total circulating supply of 3086133.43604917.

What is the the total market cap of Wrapped Ether?

Wrapped Ether has a total market cap of 6684102102.467094.

What is the 24 hour global trading volume of Wrapped Ether?

In the past 24 hours, the total trading volume of Wrapped Ether is 28517512790.3015.

Where can I buy, sell, and trade Wrapped Ether?

The best place to buy, sell, and trade Wrapped Ether is Tegro: The CEX-DEX. Use orderbooks, limit orders, and more on Tegro: The CEX-DEX to trade Wrapped Ether at the best prices.

When was Wrapped Ether launched?

Wrapped Ether was first created on June 17, 2016.

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