dossiers/Wrapped ETH

Wrapped Ether

·Followers not tracked ·token-live, high confidence ·grok

defi Ethereum

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WETH9 is an ERC-20 wrapper for native ETH. A user deposits ETH and the contract mints the same amount of WETH; withdraw burns WETH and returns ETH. Backing ETH sits in the contract, so the peg is mechanical rather than market-made. Native ETH predates ERC-20, so DeFi apps use this adapter for approve and transferFrom.

Readout

price
$2.5k
24h vol
$155.55m
mcap
$5.10b
liquidity
$109.88m
holders
2.7m
24h
-0.0%

mint not renounced

Last onchain reading for WETH on eth, not live.

GG token identity is unresolved. Calls and multiples are withheld.

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Founders

  • DappHub WETH9 source carries Dapphub copyright 2015-2017. Not a conventional product team.

Notable

  • Canonical Ethereum WETH9, verified on Etherscan as contract WETH9, Solidity 0.4.19. Source submitted 2017-12-12.
  • Etherscan showed about 2.05M ETH in the contract and about 3.3M holders at time of check. Supply equals ETH held.
  • Zellic published a Z3 formal verification of WETH9, proving totalSupply equals ETH balance and that holders can always withdraw.
  • ethereum.org documents this address as the canonical implementation and claims roughly 3% of circulating ETH is locked in it.
  • Other chains use different WETH contracts. This address is Ethereum mainnet only.

Unverified

  • @ethdotorg and ethereum.org are the Ethereum community portal. They document WETH; ownership of this contract was not shown.
  • Named individual deployer of the mainnet WETH9 contract was not established.
  • GG call theses (buy ETH / bullish on Ethereum) concern ETH, not this wrapper as a separate product.

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