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Re7 WETH RE7WETH Price
Re7 WETH Price Chart (RE7WETH)
RE7WETH Price
RE7WETH vs. Backed Tokens
Re7 WETH Detailed Performance
RE7WETH shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
RE7WETH to USD Converter
Price History
- All-Time High
- $5,113.422.27x to ATH
- All-Time Low
- $1,432.941.57x to ATL
- Trade Launch Date
- 18 Dec, 2024
690 days ago
What is Re7 WETH (Backed Token)?
Re7 WETH is a Morpho Vault share token that represents an onchain lending position where wrapped Ether is deployed across curated markets. The vault is managed by Re7 Labs and aims to generate yield exceeding staked ETH returns through diversified lending allocations.
Which blockchain hosts the RE7WETH contract?
The token operates on Base, an Ethereum layer-2 network, with the contract deployed at address 0xa2cac0023a4797b4729db94783405189a4203afc and verifiable on BaseScan.
What does the elastic supply structure mean for holders?
RE7WETH has no fixed maximum supply; new shares are minted when users deposit WETH into the vault and burned when they withdraw, so the circulating count adjusts continuously with vault activity.
Who curates the lending strategy behind the vault?
Re7 Labs, a digital-asset investment firm focused on DeFi yield, defines the risk parameters and selects the Morpho markets where the vault’s WETH is allocated.
How is the vault collateralized?
The position is overcollateralized, meaning the value of borrowed assets against the deposited WETH exceeds the loan value, and a diverse set of stakers provides the backing.
What asset does each RE7WETH share represent?
Each share corresponds to a proportional claim on the vault’s underlying WETH lending position, including accrued interest from the selected Morpho markets.
Re7 WETH (RE7WETH) Price Live Data
The current price of Re7 WETH (RE7WETH) is approximately $2,253.28, reflecting a decrease of −4.03% in the last 24 hours. The RE7WETH trading volume in the last 24 hours stands at $0.00. Re7 WETH's market cap is currently $5.48 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of RE7WETH is 2,434.00.