DV
Dividend Vision

WETH-USD — Wrapped Ether

Wrapped Ether (WETH-USD)

Wrapped Ether is a cryptocurrency token that provides an ERC-20-compatible representation of ether (ETH), backed 1:1 by ETH held in a smart contract, enabling ether to interact with decentralized finance protocols and token standards while remaining redeemable for native ETH at any time. As a crypto asset rather than a traditional dividend-paying ETF, it does not have a yield profile, distribution frequency, or expense ratio. This token appeals primarily to cryptocurrency users and DeFi participants seeking to use ether within smart contract ecosystems that require ERC-20 token compatibility, rather than income-focused investors.

WETH-USD key facts

Asset type
Crypto
Asset class
Crypto
Inception date
12/13/2017
Last close
$1,886.00
Market cap
$6,320,221,696
Average volume
863346570.0