Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
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WETH
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WETH
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0.0043562822
WETH
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$500
Explore WETH in Onchain
WETH may be available for swapping via Onchain, our official decentralised product. Try it now.
Explore WETH in Onchain
WETH may be available for swapping via Onchain, our official decentralised product. Try it now.
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WETH
$2,295.54
-2.12%
Market cap
$7.75B
Rank
#210
24H volume
$1.22B
Circulating supply
3.38M WETH
100% of total
All-time high
$4939.42
-115.17%
All-time low
$297.33
87.05%
Total supply
3.38M WETH
WETH (WETH) is a wrapped form of Ethereum which allowed ETH to be swap with other ERC-20 Tokens in decentralized exchange(DEX) like Uniswap. 1WETH can be unwrapped and switch back to 1 ETH. WETH is now available on DeFi Swap. Users can swap WETH, be WETH Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.
‘Asset-backed coins’ is the term used for the types of cryptoassets that may claim their value is linked to underlying assets (eg. BTC). As such cryptoassets may differ in how they seek to maintain stability, it is not possible to quantify all of the risks that may be associated with investing in such assets. However, there are some risks that will typically apply to these types of cryptoassets. Issuer risk: Issues around the transparency and auditability of the cryptoassets’ issuer and/or underlying assets such that you may not be able to adequately verify that the value of the underlying real-world assets matches your expected price of the relevant cryptoasset. Where the real-world assets underpinning such cryptoassets are not worth what the issuer claims, there is a risk that the value of such cryptoassets may fall below that which you expect. Where a type of cryptoasset provides a right of redemption over the issuer, this may not be exercisable for reasons including, but not limited to, the issuer becomes insolvent, there being insufficient assets, or market volatility. Algorithmic risk: Where a cryptoasset uses an algorithm to maintain stability, there is a risk that the algorithm could deviate from expected behaviour or fail entirely, causing the relevant cryptoasset to ‘depeg’ from its expected value / stability or even lose its value altogether.
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