WETH
WETH Price
How is the price of WETH (WETH) calculated?
The price of WETH (WETH) is calculated in real-time by aggregating the latest data across 53 exchanges and 4617 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
WETH Price Chart (WETH)
1h | 24h | 7d | 14d | 30d | 1y |
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0.1% | 0.2% | 10.5% | 6.9% | 0.3% | 45.2% |
WETH Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$6,969,077,755 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$6,969,077,755 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$303,169,338 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
2,925,128 |
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
2,925,128 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
WETH Historical Price
24h Range | $2,314.63 – $2,385.70 |
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7d Range | $2,318.25 – $2,717.39 |
All-Time High |
$4,799.89
50.5%
Nov 09, 2021 (almost 3 years)
|
All-Time Low |
$82.10
2794.8%
Dec 15, 2018 (almost 6 years)
|
How do you feel about WETH today?
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.
To learn more:
Where can you buy WETH?
WETH tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade WETH is Uniswap V3 (Ethereum), where the most active trading pair WETH/USDT has a trading volume of $173,632,511.97 in the last 24 hours. Other popular options include Curve (Ethereum) and Uniswap V2 (Ethereum).
What is the daily trading volume of WETH (WETH)?
The trading volume of WETH (WETH) is $118,054,936.30 in the last 24 hours, representing a -87.10% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for WETH (WETH)?
The highest price paid for WETH (WETH) is BTC0.1428, which was recorded on Nov 09, 2021 (almost 3 years). Comparatively, the current price is -50.50% lower than the all-time high price.
What is the all-time low for WETH (WETH)?
The lowest price paid for WETH (WETH) is BTC0.01629, which was recorded on Dec 15, 2018 (almost 6 years). Comparatively, the current price is 2,794.80% higher than the all-time low price.
What is the market cap of WETH (WETH)?
Market capitalization of WETH (WETH) is BTC113,636.3396 and is ranked #17 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of WETH tokens (2.9 Million tokens are tradable on the market today).
What is the fully diluted valuation of WETH (WETH)?
The fully diluted valuation (FDV) of WETH (WETH) is BTC113,636.3396. This is a statistical representation of the maximum market cap, assuming total number of 2.9 Million ETH tokens are in circulation today.
How does the price performance of WETH compare against its peers?
With a price decline of -10.50% in the last 7 days, WETH (WETH) is underperforming the global cryptocurrency market which is down -8.40%, while underperforming when compared to similar FTX Holdings cryptocurrencies which are up 0.00%.
How to add WETH (WETH) to MetaMask?
Adding WETH (WETH) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import WETH as a token. You can copy WETH’s contract address (0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2) and import it manually, or if you've installed MetaMask's chrome extension, add WETH to MetaMask with one click on CoinGecko.
Add WETH to MetaMask.