#31

Wrapped eETH

WEETH
0.02327632 BTC
$1.91K
24h: -2.09% 7d: -14.63%
All Time High $4.31K Dec 6, 2024
24h
$1.86K $1.96K
24h Volume $25.8M

Price Chart

About Wrapped eETH

Wrapped eETH (WEETH)

Wrapped eETH (WEETH) is a cutting-edge liquid staking token designed to enhance the Ethereum ecosystem. Developed by Ether.fi, WEETH is a wrapped, non-rebasing version of eETH, allowing Ethereum holders to maintain liquidity while earning staking rewards. This innovative token integrates smoothly within various decentralized finance (DeFi) applications, empowering users to actively participate in network validation and maximize their returns.

Key Features

  • Decentralized and Non-Custodial: WEETH provides users with full control over their assets, eliminating counterparty risk associated with traditional staking methods.
  • Liquid Staking: By staking ETH, users receive eETH, which can be further wrapped into WEETH for additional flexibility and opportunities within the DeFi space.
  • Enhanced Rewards: Users can earn staking rewards, loyalty points, and LRT² points, maximizing their yields through native restaking mechanisms.
  • Seamless Integration: WEETH's compatibility with the Ethereum ecosystem and partnerships with various DeFi protocols increase its utility and accessibility.
  • Decentralization Efforts: Ether.fi promotes decentralization by enabling individuals to run their own nodes, contributing to a more resilient Ethereum network.

Participate in DeFi

With a total value locked of $8.80B and over 2.43M ETH staked, WEETH offers users a robust platform to leverage their assets. From automated yield farming to engaging with diverse DeFi protocols, WEETH acts as a conduit for maximizing returns while ensuring liquidity.

Why Choose Wrapped eETH?

  • Native Restaking: Users benefit from restaking earnings through collaborations with protocols like EigenLayer, allowing them to participate in the validation of various Ethereum-based software modules.
  • Governance: Holders of ETHFI tokens play a crucial role in shaping the future of the Ether.fi ecosystem, contributing to governance decisions that affect the community.
  • Security: Ether.fi's commitment to security is demonstrated through multiple audits by leading firms, ensuring the safety of user funds and the integrity of the protocol.

Wrapped eETH stands at the forefront of the Ethereum and DeFi landscapes, offering users a unique opportunity to engage in staking while maintaining liquidity and control over their assets.

Suggest Edit

Categories

Crypto-Backed Tokens Wrapped-Tokens Arbitrum Ecosystem Ethereum Ecosystem Restaking Liquid Restaking Tokens Ether.fi Ecosystem

Market Data

Rank
#31
Market Cap
$4.06B
Volume
$25.8M
Circulating Supply
2.14M WEETH
Total Supply
2.14M WEETH
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$-119.65M
24h Market Cap Change %
-2.86%