WETH (WETH) Price, Chart & Analysis
Live price, market capitalisation, trading volume and supply for WETH (WETH), with technical levels computed from daily closes on a verified exchange pair.
Not financial advice
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About WETH
WETH is the least glamorous asset in the top 100 and one of the most used. It exists because of a historical quirk: ether predates the ERC-20 token standard that Ethereum itself popularised, so ETH does not behave like the tokens built on top of it. WETH papers over that.
How it works
Send ether to the WETH contract and it holds the ether and issues you an equal number of WETH. Send WETH back and it burns the tokens and returns the ether. The contract does nothing else — no fees, no governance, no yield — and it has been running essentially unchanged since 2017. The rate is fixed at one to one by the contract’s own logic, not by a market, which is why WETH does not have a price of its own in any meaningful sense.
Supply
Supply is exactly the amount of ether currently locked in the contract. It rises and falls throughout the day as traders wrap and unwrap, and it carries no issuance policy whatsoever.
What to watch
Honestly, very little. The contract is simple, immutable and among the most scrutinised pieces of code in the ecosystem. The figure worth glancing at is total WETH outstanding, which is a rough proxy for how much ether is being actively used in decentralised finance rather than merely held.
Where it is used
Almost everywhere. Decentralised exchanges quote pairs against WETH, lending markets accept it, and most contracts that need to handle “ether” as a token handle WETH instead. Many interfaces wrap and unwrap automatically in the background, which is why plenty of people have used it without noticing.
The risk here is narrow and mostly not about the contract. WETH’s price risk is simply ether’s price risk. What people get wrong is treating a market quote for WETH as independent information: it is not, and any lasting deviation from the price of ether would be an arbitrage opportunity rather than a signal. The residual risk is smart-contract risk in whatever protocol you deposit it into, which is usually far larger than any risk in WETH itself.
Latest analysis
We have not published anything specific to WETH yet. This is our most recent market analysis.
Frequently asked questions
Key figures stay on the row when a question is closed. Every number updates with the live WETH price.
The asset 2
What is WETH?
WETH is the least glamorous asset in the top 100 and one of the most used. It exists because of a historical quirk: ether predates the ERC-20 token standard that Ethereum itself popularised, so ETH does not behave like the tokens built on top of it. WETH papers over that.
Where can I see how WETH has moved?
We do not currently have a verified price history series for this asset, so no chart is shown rather than a line drawn from data we cannot stand behind.
Price and supply 1
What is the price of WETH today?
A live price is not available for this asset right now. We leave the figure out rather than show a stale or invented number.
Risk and history 1
Is WETH a good investment?
We do not answer that, and you should be wary of anyone who does. Crypto assets are volatile and you can lose your entire position. Do your own research, size any position so a total loss would not hurt you, and treat every price target you read as the opinion of whoever made it. Our disclaimer sets out our full position.
Not financial advice. Crypto assets are volatile and high-risk. Prices shown are indicative and may be delayed. Always do your own research. Coinpric does not provide financial advice.