STRICT-Score
Max. Potenzial
6.1x
Potenzieller Ertrag
Wahrscheinlichkeit
80%
Erfolgschance
Risikoniveau
4/10
Mittleres Risiko
Marktkapitalisierung
$7.46B
Volumen
$65.93M
STRICT-Score Aufschlüsselung
Unser proprietäres Bewertungssystem evaluiert Projekte anhand von 6 Schlüsseldimensionen.
Analyseübersicht
Analyseübersicht
Wrapped Ether (WETH) is the ERC-20 compatible version of native ETH, deployed on December 12, 2017 via the WETH9 smart contract by DappHub. As of December 2025, WETH holds a market cap of approximately $7.4-7.9 billion with 3.19 million holders on Ethereum mainnet. WETH powers an estimated 85% of Ethereum DeFi activity, with over $10.7 billion supplied on Aave V3 alone and roughly $50 billion in liquidity across Uniswap pools. The contract maintains a strict 1:1 peg with ETH and has secured billions in value without a single exploit since deployment.
Investitionsthese
WETH is not an investment vehicle but essential DeFi infrastructure enabling Ethereum's $78 billion DeFi ecosystem. Users wrap native ETH into WETH when ERC-20 token compatibility is required for DEX trading, automated market maker liquidity provision, lending and borrowing protocols, yield farming strategies, or NFT marketplaces like OpenSea (which handles approximately 80% of Ethereum NFT volume). On Aave Ethereum V3 alone, WETH accounts for $10.73 billion supplied and $9.68 billion borrowed, with supply APY of 2.03% and borrow APY of 2.65%. Across Uniswap V3 pools, WETH provides approximately $50 billion in total value locked for trading pairs. The value proposition is purely functional: WETH maintains a guaranteed 1:1 peg with native ETH and can be unwrapped instantly at any time without counterparty risk, making it a utility token rather than a speculative asset.
Wettbewerbsposition
WETH9 at address 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 is the undisputed canonical wrapped ETH standard with no meaningful competitors. Originally developed by DappHub in 2017 and later maintained as part of the Gnosis canonical-weth package, it has achieved absolute network effects as the de facto standard integrated into Uniswap, Aave, Compound, MakerDAO, 1inch, OpenSea, and virtually every DeFi protocol on Ethereum. The 0x Project, Chainlink, and all major DEXs reference this exact contract address. Its simplicity (62 lines of code), transparency, and 7+ years of flawless operation make it irreplaceable infrastructure.
Fazit
WETH is foundational DeFi infrastructure rather than an investment. It serves the critical technical function of making native ETH compatible with ERC-20 protocols that power the $78 billion Ethereum DeFi ecosystem. The guaranteed 1:1 peg means WETH mirrors ETH price movements exactly, making it a pure utility for DeFi participants. With 3.19 million holders, $10+ billion in lending markets, and integration across every major protocol, WETH is indispensable for anyone trading on DEXs, providing liquidity, or participating in Ethereum DeFi.
Stärken
- Perfect 1:1 redeemability for native ETH at any time with no counterparty risk
- Battle-tested since December 2017 with zero exploits and $7+ billion in value secured
- Canonical standard integrated across all major DeFi protocols including Uniswap ($50B+ liquidity), Aave ($10.7B supplied), and OpenSea
- Simple 62-line Solidity contract (WETH9) with transparent, auditable code under GNU GPL
- Over 3.19 million unique holders demonstrating widespread ecosystem adoption
Risiken
- No formal security audit submitted on Etherscan despite 7+ years of deployment, relying entirely on battle-tested trust
- Smart contract risk exists though highly mitigated by extensive usage and time-tested code compiled with Solidity v0.4.19
- Gas costs for wrapping/unwrapping operations (approximately $2-10 depending on network congestion)
- Not a yield-bearing asset - tracks ETH 1:1 without generating additional returns unlike liquid staking tokens
STRICT-Score
Bewertung: 88/100 | Potenzial: 6.1x
Verwandte im gleichen Sektor - Wrapped Token
Alle anzeigen
Haftungsausschluss: Diese Analyse dient nur zu Informationszwecken und sollte nicht als Finanzberatung betrachtet werden. Führen Sie immer Ihre eigene Recherche durch, bevor Sie Anlageentscheidungen treffen. Investitionen in Kryptowährungen sind volatil und mit erheblichen Risiken verbunden.