WETH ranks #7833 by market capitalization, at $8.44B. It belongs to the DeFi sector (Synthetic Assets). It has traded since Mar 18, 2020, across 20,362 markets on 98 exchanges, with $1.53B of volume in the last 24 hours. Its all-time high of $4,936.49 was reached on Aug 24, 2025; the current price is 54.8% below that peak. Its cycle low of $1,522.18 came on Jun 6, 2026.
3.38M WETH are in circulation. On Ethereum, 3.34M addresses hold WETH. It is available on 34 networks.
About WETH
Wrapped Ether is an ERC-20 token backed 1:1 with Ether. It enables seamless trading with other ERC-20 tokens on decentralized platforms. Instead of wrapping ETH, users trade it via a smart contract for an equivalent amount of wETH, which can later be converted back to ETH. wETH ensures compatibility within the Ethereum ecosystem, allowing for direct transactions on decentralized exchanges that require uniform token standards.
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