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Wrapped Ether

Wrapped Ether

ERC-20 token representation of Ether enabling ETH to interact with decentralized applications that require the ERC-20 token standard

Launch Year
2017
Consensus
Proof of Stake (Ethereum)
Max Supply
Dynamic (equals deposited ETH)
Block Time
~12 seconds (Ethereum)
WETH
WETH
Wrapped Ether
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap WETH Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Wrapped Ether Price Chart

WETH / USD
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Data by CryptoCompare

About Wrapped Ether

Wrapped Ether (WETH) is an ERC-20 token that represents ETH (Ether) in a form compatible with decentralized applications and smart contracts. Because native ETH predates the ERC-20 standard, many DeFi protocols cannot interact with it directly. WETH solves this by allowing users to deposit ETH into a smart contract and receive an equivalent amount of WETH, which behaves exactly like any other ERC-20 token. WETH is always redeemable 1:1 for ETH. It is essential infrastructure in the DeFi ecosystem, used extensively in Uniswap pools, lending protocols, yield aggregators, and NFT platforms.

History

2017
WETH contract deployed on Ethereum as a solution to ETH/ERC-20 incompatibility
2018
Uniswap v1 launches using WETH as the base trading pair for all swaps
2020
DeFi summer drives WETH usage to billions in daily volume
2021
WETH becomes integral to NFT marketplaces like OpenSea for ETH-denominated bids
2023
WETH remains critical infrastructure with billions locked across DeFi protocols

How to Swap WETH

Swapping Wrapped Ether (WETH) on SyntheticSwap is quick and requires no account or KYC. Since WETH is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select WETH as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send WETH to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store WETH

Store WETH in any ERC-20 compatible Ethereum wallet such as MetaMask, Ledger, Rainbow, or Coinbase Wallet. WETH appears as a standard ERC-20 token in all Ethereum wallets.

Frequently Asked Questions