WETH Price Today (July 2)
Current Price: $2,579.02
24h Change: +6.25%
Understanding WETH Exchange Rates
WETH maintains a 1:1 peg with ETH, meaning their values always move in sync. Below are the top exchanges currently trading WETH:
| Rank | Exchange | Trading Pair | Price | 24h Volume | Action |
|---|---|---|---|---|---|
| 1 | Uniswap V3 (Ethereum) | WETH/USDC | $2,467.27 | $32,708,326 | Trade Now |
| 2 | PancakeSwap V3 (Ethereum) | WETH/USDT | $2,465.05 | $4,506,320 | Trade Now |
| 3 | Uniswap V2 (Ethereum) | WETH/USDT | $2,460.76 | $1,193,871 | Trade Now |
👉 Top exchanges for WETH trading
Key Features of WETH
- ERC-20 Compatibility: Unlike native ETH, WETH adheres to ERC-20 standards for seamless integration with dApps
- Cross-Chain Utility: Usable on networks like Binance Smart Chain, Polygon, and Solana
- 1:1 ETH Backing: Always redeemable for equivalent ETH value
WETH Calculator
1 WETH = 2,579.02 USD
(Price updates in real-time based on market conditions)
What Is WETH?
WETH (Wrapped ETH) represents ETH in an ERC-20 compliant format, enabling:
- DeFi participation (yield farming, lending)
- NFT marketplace transactions
- Cross-chain interoperability
How Wrapping Works
- Users deposit ETH into a smart contract
- Contract mints equivalent WETH
- Process reverses for unwrapping
Adding WETH to MetaMask
Follow these simple steps:
- Open MetaMask and select your network
- Scroll to "Import tokens"
Enter WETH contract address:
- Ethereum: [Contract Address]
- BSC: [Contract Address]
- Confirm import
Future of WETH
Developers aim to make ETH natively ERC-20 compliant, potentially phasing out WETH's necessity. Until then, WETH remains vital for DeFi ecosystems.
FAQ Section
Q: Is WETH safer than ETH?
A: Equally secure - WETH is simply ETH in a different format, backed 1:1.
Q: Can I lose money wrapping ETH?
A: No - wrapping/unwrapping maintains value, though gas fees apply.
Q: Where can I use WETH?
A: Most DeFi platforms, NFT markets, and cross-chain applications.
👉 Learn more about WETH applications
Related Cryptocurrencies
- Wrapped eETH ($2,770.15)
- WhiteBIT Coin ($43.77)
- Bitget Token ($4.62)
- Coinbase Wrapped BTC ($109,372)
Note: Prices fluctuate constantly - verify current rates before trading.