Dupe: Wrapped Ether (Polygon)

• Polygon

• Website
• Community
• Reddit
• Twitter
• Asset Type: ERC-20

• Market Cap: $3.5M
• Fully Diluted Valluation: $3.5M
• FDV / MC: 1
• Ranking inside Exponential (excluding stables): #103
• Circulating Supply: 1,943
• Total Supply: 1,943
• Volume (24H): $1.8K
• ATH: $4,187.00 (12/08/2024)
• ATL: $1,394.75 (04/09/2025)

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.

Polygon PoS Bridge

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.