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Trade WETH on DEX

WETH can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.


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About WETH

What Is Wrapped Ethereum (WETH)?

Wrapped Ethereum (WETH) is a cryptocurrency based on Ethereum’s ERC-20 protocol. According to the website, WETH allows users to exchange Ethereum (ETH) tokens for other crypto assets built on the ERC-20 architecture on various decentralized trading platforms. Decentralized platforms built on Ethereum use smart contracts that enable trading among users of ERC-20 tokens. However, the users need to have tokens built on common standards protocol to enter trading, seeking to prevent token loss in transactions. 

wrapped token is a cryptocurrency tied to the original cryptocurrency or other assets like gold, equity, real estate, etc. Likewise, WETH is a wrapped token pegged to ETH. ETH is the primary crypto asset of the Ethereum blockchain network that uses a proof-of-stake (PoS) consensus mechanism. The token was designed for real-world usage, aiming to power decentralized applications (DApps). As mentioned on the website, ETH existed before the creation of ERC-20. Hence, wrapping ETH as WETH allows holders to access trade with other ERC-20 tokens. Further, users also have the option to unwrap WETH by trading WETH with plain ETH. 

Moreover, the website claims there is no future for WETH since the Ethereum network is working toward making ETH compliant with its own ERC-20 standards. Likewise, it also claims that the ERC-20 protocol itself could be replaced following the emergence of newer problems and solutions. However, work is already going on a new ERC-223 standards protocol. 

History of Wrapped Ethereum (WETH)

Wrapped Ethereum (WETH) was conceptualized and developed by a group of Ethereum projects headed by Ox Labs. The first WETH smart contract was released in November 2017. Ethereum (ETH) was cocreated by Vitalik Buterin, Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di Iorio in 2014. ETH was the first crypto platform used to develop decentralized applications (DApps). 


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WETH Calculator

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WETH is on the rise this week.

The price of WETH has risen by 3.33% in the past 7 days. The price increased by 2.36% in the last 24 hours. In just the past hour, the price shrunk by 0.08%. The current price is $2,059.27 per WETH. WETH is 93.82% below the all time high of $33,329.43.

The current circulating supply is 0 WETH.


What is the current price of WETH?

We update our WETH to USD currency in real-time. Get the live price of WETH on Coinbase.

What is the market cap of WETH?

The current market cap of WETH is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of WETH?

The all-time high of WETH is $33,329.43. This all-time high is highest price paid for WETH since it was launched.

What is the 24 hour trading volume of WETH?

Over the last 24 hours, the trading volume of WETH is $833.13M.

What other assets are similar to WETH?

Assets that have a similar market cap to WETH include Jetfuel Finance, DSquared Governance Token, Dejitaru Hoshi, and many others. To see a full list, see our comparable market cap assets.

How many WETH are there?

The current circulating supply of WETH is 0.

Can I buy WETH on Coinbase?

Yes, WETH is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy WETH guide.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.