Convert and Swap WETH WETH to Philippine Peso PHP
WETH/PHP: 1 WETH equals ₱114,781.86 PHP
WETH (WETH) is not tradable on Coinbase.
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Last update: 5:10 PM, March 23, 2025
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WETH market latest
Trade WETH on DEX
WETH can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.
WETH is climbing this week.
The current price of WETH is ₱114,781.86 per WETH. With a circulating supply of 3,375,317.593 WETH, it means that WETH has a total market cap of ₱387,442,352,441.80. The amount of WETH traded has fallen by ₱489,966,744.38 in the last 24 hours, which is a 1.71% decrease. Additionally, in the last day, ₱28,616,152,255.77 worth of WETH has been traded.
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About WETH
WETH, or Wrapped Ether, is a unique token that aims to bridge the gap between Ether (ETH) and other tokens built on the Ethereum blockchain. Ether, the native currency of the Ethereum blockchain, was developed before the ERC-20 standard, a common framework for Ethereum tokens. This discrepancy means that Ether does not conform to its own ERC-20 standard, which can cause issues when trading ETH for other ERC-20 tokens on decentralized platforms. WETH was introduced to solve this problem. It is essentially an ERC-20 compliant version of Ether, created by trading ETH via a smart contract for an equivalent amount of WETH.
WETH operates through a process known as "wrapping". However, this term can be misleading as no actual wrapping takes place. Instead, ETH is traded via a smart contract for an equal amount of WETH. This process creates a token that is ERC-20 compliant and can be traded directly with other ERC-20 tokens on decentralized platforms. This standardization ensures that tokens don't get lost in translation during trades. If users want to convert their WETH back to ETH, they can "unwrap" it, essentially trading it back for plain ETH.
The primary use case for WETH is to facilitate direct trades between ETH and other ERC-20 tokens on decentralized platforms. By converting ETH to WETH, users can ensure that their tokens are in a standardized format, which is crucial for successful trades on these platforms. This standardization aims to prevent tokens from getting lost in translation during trades. WETH, therefore, plays a crucial role in the Ethereum ecosystem, enabling smoother and more efficient transactions between different types of tokens.
WETH was developed as a solution to a unique problem within the Ethereum ecosystem. ETH, the native currency of the Ethereum blockchain, was created before the ERC-20 standard was established. This meant that ETH did not conform to the standard that governs most tokens on the Ethereum network, leading to potential issues when trading ETH for other ERC-20 tokens. WETH was introduced to address this issue, providing a version of ETH that is ERC-20 compliant. Looking ahead, steps are being taken to update the ETH codebase to make it compliant with its own ERC-20 standards, which may eventually render WETH unnecessary.
How WETH and Philippine Peso differ
WETH, or Wrapped Ether, and the Philippine Peso (PHP) are two distinct forms of currency, each with their unique characteristics and uses. WETH is a token that aims to bridge the gap between Ether (ETH) and other tokens built on the Ethereum blockchain. It's an ERC-20 compliant version of Ether, created by trading ETH via a smart contract for an equivalent amount of WETH. This process, known as "wrapping," ensures that tokens are in a standardized format, crucial for successful trades on decentralized platforms. On the other hand, the Philippine Peso is the official currency of the Philippines, regulated by the Bangko Sentral ng Pilipinas. Unlike WETH, which operates in the digital realm of blockchain and smart contracts, the Philippine Peso is a traditional fiat currency, used for everyday transactions in the physical world. While WETH plays a crucial role in the Ethereum ecosystem, enabling smoother and more efficient transactions between different types of tokens, the Philippine Peso serves as a medium of exchange for goods and services in the Philippines.
Frequently asked questions
How much is 1 WETH in PHP?
Right now, 1 WETH is worth about ₱114,781.86.
How much WETH could I buy for 1 PHP?
Based on the current rate, you could get 0.00000871 WETH for 1 PHP.
How much has the price of WETH changed?
WETH price has been on the rise. Since yesterday, the exchange rate of WETH has increased. Since last month, the exchange rate of WETH has decreased. Since this time last year, the price of WETH has decreased.
How do I calculate or convert WETH to PHP?
You can use our WETH to PHP calculator at the top of this page to convert any amount of WETH to PHP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PHP is equivalent to 0.000044 WETH. Inversely, 5 WETH will cost about ₱573,909.28
How can I buy 1 WETH on Coinbase?
WETH is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy WETH.
What are assets similar to WETH that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to WETH, including USDS, Bitcoin BEP2, and Lido wstETH. For a more robust list of assets to explore, jump to the asset page dedicated to WETH.
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WETH to Philippine Peso conversion tables
The exchange rate of WETH is increasing.
The current value of 1 WETH is ₱114,781.86 PHP. In other words, to buy 5 WETH, it would cost you ₱573,909.28 PHP. Inversely, ₱1.00 PHP would allow you to trade for 0.00000871 WETH while ₱50.00 PHP would convert to 0.00043561 WETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.72%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, which means that the the highest exchange rate of 1 WETH to Philippine Peso was ₱115,545.70 PHP and the lowest 24 hour value was 1 WETH for ₱113,680.15 PHP. This time last month, the value of 1 WETH was ₱162,766.51 PHP, which is a 28.79% increase from where it is now. Looking back a year, WETH has changed by ₱194,553.68 PHP. That means that in a single year, the value of WETH has shrank by 42.01%.
WETH to PHP performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₱113,837.02 PHP | 0.85% | ₱109,522.62 PHP | 4.72% | ₱162,766.51 PHP | -28.79% | ₱194,553.68 PHP | -42.01% |
WETH to PHP
Amount | Today at 5:10 pm |
|---|---|
0.5 WETH | ₱57,390.93 |
1 WETH | ₱114,781.86 |
5 WETH | ₱573,909.28 |
10 WETH | ₱1,147,818.55 |
50 WETH | ₱5,739,092.76 |
100 WETH | ₱11,478,185.52 |
500 WETH | ₱57,390,927.58 |
1,000 WETH | ₱114,781,855.17 |
PHP to WETH
Amount | Today at 5:10 pm |
|---|---|
0.5 PHP | 0.00000436 WETH |
1 PHP | 0.00000871 WETH |
5 PHP | 0.000044 WETH |
10 PHP | 0.000087 WETH |
50 PHP | 0.000436 WETH |
100 PHP | 0.000871 WETH |
500 PHP | 0.0044 WETH |
1,000 PHP | 0.0087 WETH |
Today vs. 24 hours ago
Amount | Today at 5:10 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WETH | ₱57,390.93 | ₱56,909.01 | +0.85% |
1 WETH | ₱114,781.86 | ₱113,818.01 | +0.85% |
5 WETH | ₱573,909.28 | ₱569,090.07 | +0.85% |
10 WETH | ₱1,147,818.55 | ₱1,138,180.14 | +0.85% |
50 WETH | ₱5,739,092.76 | ₱5,690,900.68 | +0.85% |
100 WETH | ₱11,478,185.52 | ₱11,381,801.36 | +0.85% |
500 WETH | ₱57,390,927.58 | ₱56,909,006.79 | +0.85% |
1,000 WETH | ₱114,781,855.17 | ₱113,818,013.59 | +0.85% |
Today vs. 1 month ago
Amount | Today at 5:10 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WETH | ₱57,390.93 | ₱80,593.85 | -28.79% |
1 WETH | ₱114,781.86 | ₱161,187.70 | -28.79% |
5 WETH | ₱573,909.28 | ₱805,938.50 | -28.79% |
10 WETH | ₱1,147,818.55 | ₱1,611,877.00 | -28.79% |
50 WETH | ₱5,739,092.76 | ₱8,059,385.00 | -28.79% |
100 WETH | ₱11,478,185.52 | ₱16,118,770.00 | -28.79% |
500 WETH | ₱57,390,927.58 | ₱80,593,849.98 | -28.79% |
1,000 WETH | ₱114,781,855.17 | ₱161,187,699.96 | -28.79% |
Today vs. 1 year ago
Amount | Today at 5:10 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WETH | ₱57,390.93 | ₱98,973.43 | -42.01% |
1 WETH | ₱114,781.86 | ₱197,946.86 | -42.01% |
5 WETH | ₱573,909.28 | ₱989,734.30 | -42.01% |
10 WETH | ₱1,147,818.55 | ₱1,979,468.60 | -42.01% |
50 WETH | ₱5,739,092.76 | ₱9,897,343.01 | -42.01% |
100 WETH | ₱11,478,185.52 | ₱19,794,686.01 | -42.01% |
500 WETH | ₱57,390,927.58 | ₱98,973,430.06 | -42.01% |
1,000 WETH | ₱114,781,855.17 | ₱197,946,860.12 | -42.01% |
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