| General information | |
|---|---|
| Global rank: | 207 |
| Name: |
Wrapped eETH |
| Symbol: | weETH |
| Current coin price (ISK): | 461 647.02 kr |
| Last hour: | arrow_downward-0.900 % |
| Last 24 hours: | arrow_downward-4.09 % |
| Last 7 days: | -9.54 %trending_down |
| Capitalisation (ISK): | 681 231 991 032.08 kr |
| Volume 24h (ISK): | 3 288 649 305.19 kr |
| Available supply: | 1 475 656.00 weETH |
| Total coin supply: | -1 weETH |
| Start date: | 2023-11-10 |
Wrapped eETH/Icelandic Kr?na (weETH/ISK) price chart
Wrapped eETH/Icelandic Kr?na (weETH/ISK) capitalisation and volume charts
Wrapped eETH (WEETH) is a digital asset on the Ethereum blockchain. It represents a wrapped version of eETH, which itself is a derivative or variant of Ethereum's native cryptocurrency, ETH. WEETH is designed to be compatible with Ethereum's ERC-20 token standard, which is a common framework for creating interoperable tokens within the Ethereum ecosystem. The wrapping process involves the tokenization of eETH in a way that maintains its value equivalence but transforms its format to be ERC-20 compliant.
WEETH is primarily used to enable eETH to interact more seamlessly with the broader Ethereum ecosystem, particularly in decentralized finance (DeFi) applications and smart contracts that are built to support ERC-20 tokens. By converting eETH to WEETH, users can access various Ethereum-based platforms and services that require or prefer the ERC-20 standard. This includes participating in DeFi protocols, exchanging on decentralized exchanges (DEXs), and engaging in token-based governance systems.