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Wrapped eETH

$2,602.68

-2.2%(24h)
  • Today

    -2.2%

  • 30 Days

    -10.6%

  • Price Change (24h)

    -$58.82

Trend Overview

Period:

Price of Wrapped eETH Today

The live price of Wrapped eETH is $2,602.68 per WEETH/USD, -2.21% in the last 24 hours. It has a market cap of $8.10B and $927.00 in trading volume over the same period. Prices are averaged across every exchange we track and update continuously.

Current price

$2,602.68

24h high

$2,692.09

24h low

$2,557.26

24h

-2.21%

7d

-6.82%

30d change

-10.56%

WEETH Market Stats

Rank

—

Market Cap

$8.10B

24h Volume

$927.00

Across 3 exchanges

FDV

—

Circulating Supply

—

Total Supply

—

Max Supply

—

No fixed cap

Listed on

3 exchanges

Where to buy Wrapped eETH

Wrapped eETH is available on 1 exchanges. Prices shown are live.

ExchangePairVolumeTrade
GateWEETH_USDT$6.66KBuy WEETH on Gate

Price: $2,602.68 — Price Source: 3 exchanges

We may earn a commission when you sign up through these links. This never affects the prices shown.

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What is Wrapped eETH?

Wrapped eETH is a digital asset designed to increase the flexibility of ETH within the decentralized finance sector. It functions as a bridge that allows ETH holders to engage more actively in DeFi activities by converting their ETH into a form compatible with various platforms. The asset is created through the ether.fi platform, where users can mint it by locking their ETH, a process that supports network security while enabling holders to earn staking rewards without sacrificing liquidity.

The mechanism behind Wrapped eETH involves liquid staking, which allows the original ETH to remain staked and generating rewards while the wrapped version can be used in other DeFi applications. Holders may receive multiple types of income, including Ethereum staking rewards, loyalty points from ether.fi, additional rewards from restaking activities such as EigenLayer points, and potential earnings from providing liquidity to DeFi protocols.

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Regarding security, the system aims to minimize counterparty risk and incorporates insurance products to offer compensation in case of breaches or losses. It also relies on partnerships with trusted node operators to maintain network integrity. A notable feature is delegated staking with self-custody of keys, permitting users to participate in consensus while retaining control over their private keys. The associated ETH fund is registered under CIMA, with annual audits and financial reports provided for transparency.

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