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Dupe: Wrapped Ether (Polygon)
WETH
(dupe)
Risk Rating
Average
$4,362.85
1.85%
What is Dupe: Wrapped Ether (Polygon)?
Information
Blockchain
- Polygon
Key Metrics
- Market Cap: $8.1M
- Fully Diluted Valluation: $8.1M
- FDV / MC: 1
- Ranking inside Exponential (excluding stables): #94
- Circulating Supply: 1,867
- Total Supply: 1,867
- Volume (24H): $10.6K
- ATH: $4,963.14 (08/24/2025)
- 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
WETH Pools
