Dupe: Wrapped Ether (Polygon)

WETH

(dupe)

Risk Rating
Average
$2,418.08
-1.23%
What is Dupe: Wrapped Ether (Polygon)?

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Information
Blockchain
  • Polygon
Info
Key Metrics
  • Market Cap: $4.6M
  • Fully Diluted Valluation: $4.6M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #99
  • Circulating Supply: 1,910
  • Total Supply: 1,910
  • Volume (24H): $9.7K
  • ATH: $4,187.00 (12/08/2024)
  • ATL: $1,394.75 (04/09/2025)
Risk Assessment
Average
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 Polygon PoS bridge, a protocol rated as Watch out.

Dependencies
Asset Tokenomics

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

Things to know about WETH

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WETH Pools
Aave ETH Lending
0.5%
Yield
$36M
TVL
Risk
C
Protocol
Aave V3
Chain
Polygon

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