Wrapped Ether (WETH) EUR Price

Wrapped Ether Price Data

Wrapped Ether (WETH) currently has a price of €3.5K and is down -4.39% over the last 24 hours. The cryptocurrency is ranked 24 with a market cap of €9.7B. Over the last 24 hours, it saw €1.6B of trading volume. The token has a circulating supply of 2.7M tokens out of a total supply of 2.7M tokens.

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.