YaspFi
WETH (WETH)
Total supply
The total number of coins that have been created or will be created for a particular cryptocurrency. This includes both coins that are in circulation and those that have not yet been released.
2.94M
Circulating supply
The quantity of coins that are currently in circulation and available to the public for trading. This is analogous to the floating shares in the stock market.
100.00%
Market cap
The overall market value of a cryptocurrency's circulating supply, which is similar to the free-float capitalization in the stock market.
Market Cap = Current Price x Circulating Supply.
$7.68B
Volume
The total amount of a cryptocurrency that has been traded over the last 24 hours.
$658.94M
10.00
Trust score reflects the risk profile of this asset. The higher the score, the lesser the risk associated with investing in this asset.
Assets
High Trust (10.00)
Time On The Market
The longer token time on the market the more trust it has due to proven track record.
Asset Type
Asset type takes into account the dependence of an asset on third entities. The less influence of third parties, the more reliable the asset is.
Market Cap
Market cap implies the impact of asset capitalization on its safety, the bigger a market cap of an asset the more trustworthy it is considered.
Holders
The more the number of holders, the more decentralized and trustworthy the asset is.
Volume 30d
Volume represents the interest of people in a particular asset. To reduce the impact of hype on trading volume, we measure trading volume over the past 30 days.
Circulating Supply
Circulating supply reflects a percentage of tokens/coins unlocked and tradable. The higher the supply of tokens that can be traded, the less an inflation event is expected thus reducing the possibility of market price manipulation.
Exchange WETHFrequently Asked Questions
What is the difference between Ether and Ethereum?
Ethereum is the blockchain technology or smart contract platform that powers Ether. Ether functions as the "fuel" or gas fee to run the Ethereum network. When using Ethereum applications or sending ETH, a fee in ETH must be paid to use the network. This fee serves as an incentive for block producers to process and verify transactions.
What is Ether used for?
Ether serves multiple purposes within the Ethereum ecosystem, including serving as the gas fee for transactions on the network, being used as collateral for decentralized finance (DeFi) lending and borrowing applications, as a medium of exchange for other cryptocurrencies and non-fungible tokens (NFTs), being accepted by certain retailers and service providers, and as a reward for completing bounties. In ETH 2.0, users will also have the option to lock their ETH by becoming a validator and helping to secure the network in exchange for block rewards and transaction fees.