The Book · 27 Jul 2026
Wrapped Ether (WETH) logo
mainnetprotocol component

Wrapped Ether (WETH)

Wrapped ether on Robinhood Chain — the ERC-20 form of the chain's ETH gas token.

Docs
Data completeness
65%
Confidence
78%
Sources
3
Last reviewed
13 Jul 2026
The take

What to know

WETH on Robinhood Chain is plumbing, and it is worth understanding precisely because the chain made an unusual choice: it has no native token and pays gas in ETH. That makes ETH the chain's money-of-account, and WETH — its ERC-20 wrapper — the form ether has to take to move through smart contracts, DEX pools, and lending markets that expect a token interface rather than the native asset. So WETH is not a product with a thesis; it is the adapter that lets ETH participate in DeFi on a chain where ETH is already the gas. Its canonical contract sits in Robinhood's registry, and CoinGecko tracks it as Robinhood Wrapped ETH at roughly $34m market cap in early July 2026 — a real but modest float that scales with how much ether is bridged in and put to work. The only thing to actually watch here is the same thing that applies to any wrapped asset: use the canonical contract, because a wrapper is exactly the kind of contract scammers clone. Beyond that, WETH is infrastructure doing its job quietly.

Best for

  • Trading and providing ETH liquidity in DEX pools that require an ERC-20
  • Using ether as collateral or an asset inside lending and DeFi contracts on the chain
  • Any onchain flow where the native ETH gas asset needs a token interface

Watch out

  • It is infrastructure, not an investment — its float simply tracks ether bridged in and used
  • Use only the canonical WETH contract from Robinhood's registry; wrappers are common clone targets

The numbers

Metrics

WETH market cap

$33.7M

ETH price

$1.9K


The record

Key facts

What it is
Wrapped ether on Robinhood Chain — the ERC-20 form of ETH, which is the chain's gas token.· 85%§
Why it matters
Robinhood Chain has no native token and uses ETH for gas, so WETH is the canonical way to trade and provide liquidity for ether in contracts that expect an ERC-20.· 82%§
Contract
Canonical contract 0x0Bd7D308f8E1639FAb988df18A8011f41EAcAD73 (Robinhood's contracts registry).· 72%§
Market cap
CoinGecko tracks it as Robinhood Wrapped ETH at roughly $34m market cap, early July 2026.· 75%§

The timeline

History

  • 2026-07-01

    WETH live at mainnet

    The canonical WETH contract went live with Robinhood Chain mainnet as core DeFi plumbing alongside ETH-denominated gas.


Questions

FAQ

Why does Robinhood Chain need WETH if gas is paid in ETH?
Native ETH pays gas, but many smart contracts — DEX pools, lending markets — expect an ERC-20 interface. WETH is ether wrapped as an ERC-20 so it can flow through those contracts. It is the standard pattern on ETH-gas chains.
Is WETH the same as ETH?
Economically yes — 1 WETH is redeemable 1:1 for ETH. The difference is the interface: WETH is an ERC-20 token, native ETH is not.

The graph

Connected entities

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