WETH is a representation of Ethereum (ETH) on the blockchain. It is an ERC-20 token, as opposed to ETH, which is the native currency of the Ethereum network. This ERC-20 compatibility allows WETH to be used within decentralized applications (dApps) and smart contracts that require tokens adhering to the ERC-20 standard. This versatility is particularly valuable in the decentralized finance (DeFi) ecosystem, where WETH can be utilized for providing liquidity, participating in decentralized exchanges, and serving as collateral for loans.
The Euro (EUR) is the official currency of the Eurozone, used by 20+ countries within the European Union. Issued by the European Central Bank (ECB), it is the second-most traded currency globally after the US Dollar. EUR is commonly used in cryptocurrency trading and has inspired stablecoins like EURC and Stasis EURS, which maintain a 1:1 peg to the euro.
The WETH to EUR conversion rate is the amount of EUR you can receive for each unit of WETH.
Based on the current rate, you could buy 0.0005955 WETH for 1 EUR.
The price of WETH decreased by 0.22% in the last 7 days.
The circulating supply of WETH is 2,252,240.
WETH's all-time high is 4,229.42 EUR.