WETH (WETH) Price | Market | Project Info | LBank

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.

Last Updated Time: 2026-06-12 07:18:42

Real-Time Market Data

WETH（WETH）

$1.67K+3.86%

24h Volume

$92.31M

$4.36B

Circulating Supply

$2.61M

Total Supply

$2.61M

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Knowledge Graph

WETH

Market DataData & PredictionsOn-chain DataBuying Guide

30-Day Price Trend Chart

Date	Open price	Upper Price	Lower Price	Close price	Change

2026-06-06	$1.77K	$1.77K	$1.54K	$1.58K	-0.10%
2026-06-07	$1.58K	$1.60K	$1.51K	$1.57K	0.00%
2026-06-08	$1.57K	$1.69K	$1.56K	$1.68K	+0.07%
2026-06-09	$1.69K	$1.71K	$1.65K	$1.69K	+0.00%
2026-06-10	$1.69K	$1.69K	$1.62K	$1.64K	-0.03%
2026-06-11	$1.64K	$1.66K	$1.61K	$1.64K	0.00%
2026-06-12	--	--	--	$1.67K	+0.01%

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Price prediction

Moving Averages Explained: Moving averages are lines that represent the average price over a specific period, used to smooth price fluctuations and identify trend direction. When the price is above the moving average, it generally indicates an uptrend, while below indicates a downtrend. A short-term moving average crossing above a long-term moving average forms a Golden Cross (bullish), while crossing below forms a Death Cross (bearish). A bullish alignment (short-term > medium-term > long-term) indicates a strong uptrend, while a bearish alignment indicates the opposite.

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	Top 5 addresses	Holding amount	Holding ratio

ethereum	0xf04a...9a7c3e	488.010K	18.66%
ethereum	0x4d5f...c514e8	327.418K	12.52%
ethereum	0x2f0b...6b042a	246.568K	9.43%
ethereum	0x59cd...cd71db	108.292K	4.14%
ethereum	0xc3d6...84cdc3	54,581.86	2.09%
Other		1.390M	53.16%

Risk Warning

Cryptocurrency trading is subject to high market risk and price volatility. Please invest cautiously. This page does not constitute investment advice.

Fiat	WETH	Exchange
USD	1	1,671.919
MXN	1	28,831.16
ZAR	1	27,198.06
IQD	1	2.188M
TWD	1	52,861.99
DOP	1	97,921.93

Fiat	WETH	Exchange
MYR	1	6,800.372
UYU	1	67,522.28
GEL	1	4,430.591
MAD	1	15,500.53
OMR	1	642.8581
SEK	1	15,778.03

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WETH (WETH) FAQ

WETH (Wrapped Ether) is an ERC-20 compatible version of Ethereum. Although ETH is the native currency of the Ethereum blockchain, it predates the ERC-20 token standard. WETH "wraps" ETH into this standardized token format, allowing it to seamlessly interact with various decentralized applications (dApps) and smart contracts within the Web3 ecosystem.

ETH is wrapped because most decentralized finance (DeFi) protocols and smart contracts are designed to operate exclusively with ERC-20 tokens. As native ETH does not adhere to this standard, it cannot directly participate in many functionalities like trading, lending, or liquidity provision on various platforms. Wrapping it into WETH ensures full compatibility with the broader ERC-20 token ecosystem.

The main distinction lies in their technical standard. ETH is the native asset of the Ethereum blockchain and predates the ERC-20 standard, primarily used for gas fees and basic transfers. WETH, conversely, is an ERC-20 token, making it fully compatible with smart contracts for activities like trading, lending, and participating in NFT marketplaces. They maintain a 1:1 conversion rate via a smart contract.

You can wrap ETH into WETH using various decentralized exchanges or crypto wallets that support the functionality. The process involves initiating a "swap" transaction where your native ETH is sent to a specific smart contract. This contract then mints an equivalent amount of WETH, which is subsequently sent back to your wallet address, effectively tokenizing your ETH.

No, WETH cannot be used to pay for gas fees. The Ethereum network exclusively accepts native ETH for all transaction costs. It's crucial to always retain some native ETH in your wallet to cover gas fees for any operations, including wrapping or unwrapping WETH, to avoid becoming "stuck" without the ability to execute transactions.