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

WETH

Wrapped Ether (Gnosis)

$2,918.05

Risk Rating

green

Best

Blockchain

* [Website](https://weth.io/) 
* [Community](https://etherscan.io/token/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2) 
* Asset Type: ERC-20

Info

* Fully Diluted Valluation: $9B 
* Total Supply: 3,071,354 
* Volume (24H): $1.3B 
* ATH: $4,863.70 (11/10/2021) 
* ATL: $0.00 (10/28/2020)

Key Metrics

Information

Wrapped Ether (Gnosis) 0x6a023ccd1ff6f2045c3309768ead9e68f978f6e1 WETH is a DeFi-compatible version of ETH. ETH is the native currency of the Ethereum chain used for gas fees and security.

wstETH

Aura ETH Market Making

WETH Pools

**Wrapped ETH** is a large-cap asset that represents the protocol's native governance or utility token. This asset is exposed to the underlying risks of OmniBridge, a protocol rated as Watch out.

Asset Strength

**Wrapped ETH** has an uncapped supply but has inflation control or burn mechanisms in place. ETH on Gnosis is backed 1:1 by ETH locked in the OmniBridge protocol on the Ethereum chain. ETH is "wrapped" to make it compatible with DeFi smart contracts. 1 Wrapped ETH is always equal to 1 ETH. 