Wrapped Ether (Manta)

WETH

WETH is a DeFi-compatible version of ETH. ETH is the native currency of the Ethereum chain used for gas fees and security.

Risk Rating
Watch Out
$3,415.43
0.51%
What is Wrapped Ether (Manta)?

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Information
Blockchain
  • Manta
Info
Key Metrics
  • Fully Diluted Valluation: $2.9M
  • Total Supply: 856
  • Volume (24H): $667.1K
  • ATH: $2,002,599.00 (12/28/2023)
  • ATL: $1,523.53 (10/12/2023)
Risk Assessment
Watch Out
Asset Strength

WETH is a large-cap asset that represents the protocol's native governance or utility token. This asset is exposed to the underlying risks of Manta Pacific bridge, a protocol rated as Watch out.

Dependencies

Manta Pacific bridge

Asset Tokenomics

WETH has an uncapped supply but has inflation control or burn mechanisms in place. ETH on Manta is backed 1:1 by ETH locked in the Manta Pacific bridge protocol on the Ethereum chain.

Things to know about WETH

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