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
Best
Summary
Information
Blockchain
  • Manta
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
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.

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.

Dependencies

Manta Pacific bridge

Things to know about WETH
WETH Pools
LayerBank ETH Lending
1%
Yield
$1M
TVL
Risk
F
Protocol
LayerBank
Chain
Manta