WETH (WETH)
CryptoScore Pro global score : 84/100 (computed on 2026-10-28)
WETH, or Wrapped Ether, is the ERC-20 tokenized version of Ethereum’s native cryptocurrency, ETH, enabling seamless integration with DeFi protocols that primarily support ERC-20 tokens rather than ETH’s native format. Deployed on the Ethereum blockchain via the smart contract address 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2, WETH acts as a bridge, allowing users to interact with decentralized exchanges (DEXs), lending platforms, and yield-generating protocols without converting ETH to another asset. Its utility stems from Ethereum’s broader ecosystem, where ERC-20 compliance is a standard requirement, making WETH indispensable for liquidity provision, collateralization, and cross-protocol transactions. With a fixed supply mirroring Ethereum’s circulating ETH—currently 2,201,600.31 WETH—its value is inherently tied to ETH’s price, ensuring stability and predictability in DeFi applications. The absence of inflation or dilution further solidifies its role as a reliable collateral asset, particularly in overcollateralized lending markets like Aave or Compound, where WETH frequently ranks among the top collateral types by value locked. Technologically, WETH operates as a minimal…
Scores by pillar
| Technology | 77/100 |
|---|---|
| Tokenomics | 90/100 |
| Team | 63/100 |
| Adoption | 95/100 |
| Liquidity | 63/100 |
| Compliance | 75/100 |
Market data
| Price | $2,370.51 |
|---|---|
| Market cap | $5.25B |
| 24h volume | $206.63M |
| Market cap rank | #27 |
| 24h change | +1.08% |
| 7d change | -5.3% |
| Blockchain | Ethereum |
| Sector | Infrastructure |
Analysis
WETH stands out due to its nature as a wrapped token, transforming native ETH into the ERC-20 standard, a format compatible with smart contracts. This simple technical mechanism ensures full interoperability on the Ethereum chain.