Wrapped Ether (zkSync)
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
$2,283.91
-3.55%
Summary
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Information
Blockchain
- zkSync Era
Info
- Contract address
- Website
- Community
- Asset Type: ERC-20
Key Metrics
- Market Cap: $6.5B
- Fully Diluted Valluation: $6.5B
- FDV / MC: 1
- Ranking inside Exponential (excluding stables): #8
- Circulating Supply: 2,863,220
- Total Supply: 2,863,220
- Volume (24H): $1.3B
- ATH: $4,799.89 (11/09/2021)
- ATL: $82.10 (12/15/2018)
Risk Assessment
Good
Asset Strength
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 zkSync Bridge, a protocol rated as Average.
Dependencies
zkSync Bridge
Asset Tokenomics
Wrapped ETH has an uncapped supply but has inflation control or burn mechanisms in place. 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