- #8219
Bridged Wrapped Ether (Stargate) WETH
WETH Price
Market Cap
--Rank #8219FDV
--Rank #11592Investors
Twitter Followers
Twitter Performance
1240Rank by Twitter #633- 0
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Detailed Performance
WETH shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WETH to USD Converter
Price History
- All-Time High
- $6,740.492.29x to ATH
- All-Time Low
- $1,529.291.93x to ATL
- Trade Launch Date
- 4 Aug, 2023
281 days ago
Exchanges
Exchanges type
About WETH
Bridged Wrapped Ether (Stargate) refers to the functionality provided by Stargate, the omnichain bridge launched in Spring 2022. It allows users to swap assets, such as DAI on Ethereum, to other assets, like AAVE on Polygon, even on decentralized exchanges that are not built on Stargate. It achieves this by enabling unified liquidity pools across multiple chains, increasing capital efficiency. This means that transactions can be executed faster and with greater liquidity access across different chains.
What makes Bridged Wrapped Ether (Stargate) unique?
Bridged Wrapped Ether (Stargate) stands out compared to other cryptocurrencies due to its innovative features and capabilities. Firstly, Stargate is the first omnichain bridge that addresses the bridging trilemma using the novel ∆ (Delta) algorithm. This algorithm allows Stargate to be fully composable across multiple chains, meaning it can seamlessly interact and transfer assets between different blockchains.
Another unique aspect of Stargate is its ability to easily scale to any number of chains. This scalability ensures that Stargate can handle a growing number of chains without compromising its performance or functionality.
Additionally, Stargate provides unified native asset liquidity, which means that it has a single pool of assets that can be accessed by all the connected chains. This results in significantly higher capital efficiency compared to traditional pairwise pools.
Furthermore, Stargate offers an instant guarantee of finality for every transaction, ensuring that transactions are securely and quickly settled.
Overall, Stargate's combination of omnichain composability, scalability, unified liquidity, and transaction finality make it a unique and powerful cryptocurrency compared to others in the market.
Live Bridged Wrapped Ether (Stargate) Price Data
The current price of Bridged Wrapped Ether (Stargate) (WETH) is approximately $2,944.79, reflecting a decrease of -3.06% in the last 24 hours. The WETH trading volume in the last 24 hours stands at $35,310.90.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Bridged Wrapped Ether (Stargate)'s performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WETH, check out our crypto insights page.
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WETH to USD Converter
Price History
- All-Time High
- $6,740.492.29x to ATH
- All-Time Low
- $1,529.291.93x to ATL
- Trade Launch Date
- 4 Aug, 2023
281 days ago