| General information | |
|---|---|
| Global rank: | 207 |
| Name: |
Wrapped eETH |
| Symbol: | weETH |
| Current coin price (AMD): | 1 374 188.03 AMD |
| Last hour: | arrow_downward-0.900 % |
| Last 24 hours: | arrow_downward-4.09 % |
| Last 7 days: | -9.54 %trending_down |
| Capitalisation (AMD): | 2 027 828 215 729.76 AMD |
| Volume 24h (AMD): | 9 789 346 273.35 AMD |
| Available supply: | 1 475 656.00 weETH |
| Total coin supply: | -1 weETH |
| Start date: | 2023-11-10 |
Wrapped eETH/Armenian Dram (weETH/AMD) price chart
Wrapped eETH/Armenian Dram (weETH/AMD) 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.