WETH Price Chart & Trading Data

WETH (5745544800000000000000000000000000000000)

Price: 1566.64084689 XRP

24h Change: +0.88%

24h Volume: 4.535 XRP

Market Cap: 164,051.018 XRP

Holders: 59

Trustlines: 172

Issuer: rfmS3zqrQrka8wVyhXifEeyTwe8AMz2Yhw

Domain: axelar.foundation

WETH (Wrapped Ether) is an ERC-20 compatible representation of Ether (ETH) that extends Ethereum’s native asset into cross-chain ecosystems such as the XRPL EVM sidechain through interoperability networks like Axelar. It allows ETH holders to use their assets across decentralized finance applications beyond Ethereum, including lending, liquidity provisioning, and trading protocols on connected chains. By depositing ETH into audited smart contracts bridged via Axelar, users receive WETH, a token that maintains a 1:1 peg with Ether while gaining compatibility with other ERC-20 tokens. Although WETH itself does not generate yield, it serves as the foundation for many DeFi strategies such as staking derivatives, liquidity mining, and automated market-making. Its wrapped format increases utility and integration across protocols while preserving Ethereum’s underlying value, effectively expanding ETH’s reach into multi-chain environments like the XRPL EVM. However, users should remain aware of potential risks such as bridge security, smart contract vulnerabilities, and market volatility. Overall, WETH provides ETH investors with a flexible and interoperable way to deploy their assets throughout the DeFi landscape.

Trade WETH on the XRP Ledger DEX at XRPL.to