WETH, or Wrapped Ether, is an ERC-20 token that represents Ethereum (ETH) on blockchain in a 1:1 ratio. It was created to solve the issue of ETH not being natively compatible with the ERC-20 standard, which is widely used in decentralized finance (DeFi) applications.<h2>Key features of WETH include:</h2><ol><li>Tokenization: WETH tokenizes ETH, making it compatible with DeFi protocols and smart contracts.</li><li>Interoperability: It allows users to trade ETH on decentralized exchanges (DEXs) that require ERC-20 tokens.</li><li>Value equivalence: 1 WETH is always equal to 1 ETH, maintained through a smart contract system.</li><li>Wrapping process: Users can convert ETH to WETH by sending ETH to a smart contract, which then mints an equivalent amount of WETH.</li><li>Unwrapping: WETH can be converted back to ETH by sending it to the smart contract, which burns the WETH and releases the equivalent ETH.</li></ol>

WETH

WETH, or Wrapped Ether, is an ERC-20 token that represents Ethereum (ETH) on blockchain in a 1:1 ratio.

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Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

%coinname% Analytics: Price Dynamics, Quarterly Returns, and Annual Price Changes in USD

Period	Change	Change (%)	High	Low
24H	$ 36.10	+2.07%	$ 1,804	$ 1,738
7D	$ 22.18	+1.26%	$ 1,869	$ 1,647
14D	$ 214.44	+13.7%	$ 1,869	$ 1,391
30D	$ 164.79	+10.2%	$ 1,929	$ 1,391
3M	-$ 462.21	-20.6%	$ 2,494	$ 1,391
6M	-$ 1,298	-42.1%	$ 3,386	$ 1,391
YTD	-$ 1,183	-39.9%	$ 3,386	$ 1,391
1Y	-$ 1,039	-36.8%	$ 5,033	$ 1,391
3Y	-$ 107.35	-5.67%	$ 5,033	$ 1,391

WETHWETH

WETH Analytics

WETH Closing Price (USD) - Quarterly

weth Monthly Returns (USD)

WETH - USD Price Change

WETH Annual Price (USD) Change