WETH (Wrapped ETH) Cryptocurrency: Comprehensive Overview and Key Features

Current Price

$1,400.68 (as of July 2, 2025)

Price History

| Metric | Value |
|-----------------------|--------------------------------|
| All-Time High | $4,810.94 (November 8, 2021) |
| All-Time Low | $226.19 (July 3, 2020) |

WETH Key Characteristics

| Attribute | Details |
|-----------------------|--------------------------------|
| Crypto.ru Rank (2025) | #46 |
| Circulating Supply | 2,693,259.14 WETH |
| Market Cap | $3.77 Billion |

Transaction Speed

WETH transactions typically confirm within 15 seconds to 5 minutes, leveraging Ethereum’s network efficiency.

Supply Dynamics

• Total Supply: Mirrors ETH’s 1:1 pegged supply.
• Circulating Supply: Adjusted based on ETH wrapped/unwrapped.

Use Cases

• Trading: Liquidity for DeFi protocols.
• Payments: Accepted by ETH-compatible platforms.
• Cross-Border Transfers: Low-cost global transactions.
• P2P Transactions: Direct user-to-user transfers.

How to Acquire WETH

1. Exchanges: Trade ETH for WETH on platforms like OKX.
2. DEXs: Use Uniswap or SushiSwap for decentralized swaps.

👉 Buy WETH securely on OKX

Earning Opportunities

• Trading: Capitalize on price volatility.
• Staking: Earn yields via DeFi protocols like Aave.

Where to Buy WETH

WETH is available on:

• Centralized Exchanges: OKX, Binance.
• Decentralized Exchanges: Uniswap, Curve.

Top Picks for Exchanges

1. OKX: Low fees, high liquidity.
2. Uniswap: Non-custodial swaps.

WETH Storage Options

• Hardware Wallets (Ledger, Trezor).
• Browser Extensions (MetaMask).
• Exchange Wallets (OKX, Binance).

👉 Store WETH safely with OKX Wallet

Should You Invest in WETH in 2025?

• Pros: ETH ecosystem growth, DeFi utility.
• Cons: Market volatility, regulatory risks.

FAQs

Q: Is WETH the same as ETH?
A: WETH is a 1:1 wrapped version of ETH, enabling ERC-20 compatibility.

Q: How do I convert ETH to WETH?
A: Use a decentralized exchange or Ethereum’s native wrapping service.

Q: What’s the risk of holding WETH?
A: Smart contract vulnerabilities or ETH price fluctuations.

Q: Can I stake WETH?
A: Yes, via DeFi platforms like Lido or Rocket Pool.

Q: Where is WETH most commonly used?
A: Predominantly in DeFi for lending, trading, and liquidity provision.

Note: All data is accurate as of July 2025. For real-time updates, check OKX’s WETH market.