WETH

What is WETH (WETH)?

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.

How does WETH work?

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.

What is WETH used for?

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?

Where can you buy WETH?

WETH (WETH) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WETH sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.

You can open the Markets section above to see the live list of exchanges quoting WETH, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.

What is the daily trading volume of WETH (WETH)?

The reported 24-hour trading volume of WETH is $15.41M. Volume is a live reading of how much WETH changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.

For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.

What is the highest and lowest price for WETH (WETH)?

WETH reached an all-time high of $4,950.08 on August 24, 2025, and an all-time low of $82.10 on December 15, 2018. It is currently trading -54.46% from its peak and +2645.56% from its bottom.

The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where WETH sits in its long-run price range.

What is the market cap of WETH (WETH)?

WETH's market capitalization is currently $4.98B, and it is ranked #9999 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (2.21 million WETH are actively circulating today).

Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.

What is the fully diluted valuation of WETH (WETH)?

The fully diluted valuation (FDV) of WETH is $4.98B. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.

FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.

How does the price performance of WETH compare against its peers?

Over the past 24 hours, WETH has moved -1.20%. Over the past seven days, the change is -4.05%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether WETH is leading, lagging or tracking the broader market.

For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare WETH against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.

How to store WETH?

Like any crypto asset, the right way to store WETH depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.

For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.