Wrapped Ether (Scroll)
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
Good
What is Wrapped Ether (Scroll)?
Ready to earn 15% yield or more with Exponential ?
Information
Blockchain
- Scroll
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Good
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 Scroll bridge, a protocol rated as Good.
Dependencies
Scroll bridge
Asset Tokenomics
WETH has an uncapped supply but has inflation control or burn mechanisms in place. ETH on Scroll is backed 1:1 by ETH locked in the Scroll bridge protocol on the Ethereum chain.
Things to know about WETH