WETH
WETH
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Wrapped Ether (WETH) Overall Evaluation
WETH is the de facto ERC-20 wrapper for ETH, offering seamless DeFi integration, rock-solid security, and perfectly collateralized 1:1 backing. Its tokenomics and market adoption are among the strongest in DeFi (8/10 tokenomics, 9/10 market), but it suffers from virtually no active development, fragmented community support, and no formal governance structure. While WETH presents minimal technical or custodial risk, its lack of roadmap and central team means enhancements rely solely on ad hoc community efforts. As a utility token, WETH is best viewed as a liquidity and trading tool rather than a speculative growth asset.
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About WETH (WETH)
Wrapped Ether (WETH)
Symbol: WETH
Wrapped Ether (WETH) is an ERC-20 token on the Ethereum blockchain that represents Ether (ETH) at a 1:1 ratio. By locking ETH in a smart contract and minting WETH, users can interact with decentralized applications (dApps), decentralized exchanges (DEXs), lending platforms, and other protocols that require ERC-20 compatibility.
Key Features:
- ERC-20 Standard: Full compatibility with wallets, DEXs, automated market makers (AMMs), and DeFi tools.
- 1:1 Backing: Each WETH token is backed by one ETH held in a transparent smart contract.
- Interoperability: Enables ETH to be used in any ERC-20 environment without conversion hurdles.
Common Use Cases:
- Trading and liquidity provision on DEXs like Uniswap and SushiSwap
- Collateral in lending and borrowing protocols
- Participation in yield farming and staking pools
Technical Details:
- Network: Ethereum Mainnet
- Token Standard: ERC-20
- Contract Address: 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2
Wrapped Ether (WETH) bridges native ETH with the ERC-20 ecosystem, unlocking broader utility across Ethereum’s decentralized finance landscape.
Similar Rated Tokens
More for DeFi Investors
- Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
- AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
- Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
- On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
- US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
- Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.