# Wrapped Ether (WETH)

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

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.

## At a glance

- **Type:** protocol component
- **Category:** protocol-core
- **Status:** mainnet

## Key facts

- **What it is:** Wrapped ether on Robinhood Chain — the ERC-20 form of ETH, which is the chain's gas token. _(confidence 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. _(confidence 82%)_
- **Contract:** Canonical contract 0x0Bd7D308f8E1639FAb988df18A8011f41EAcAD73 (Robinhood's contracts registry). _(confidence 72%)_
- **Market cap:** CoinGecko tracks it as Robinhood Wrapped ETH at roughly $34m market cap, early July 2026. _(confidence 75%)_

## Metrics

- **WETH market cap:** $33.7M
- **ETH price:** $1.9K

## Related entities

- [Ethereum](https://hoodl2.com/entity/ethereum) — builds on
- [Robinhood Chain](https://hoodl2.com/entity/robinhood-chain) — builds on

## Sources

1. [Robinhood Chain Token Contracts — Documentation](https://docs.robinhood.com/chain/contracts/) — Robinhood
2. [Robinhood Wrapped ETH — price and market cap](https://www.coingecko.com/en/coins/robinhood-wrapped-eth) — CoinGecko
3. [About Robinhood Chain — Documentation](https://docs.robinhood.com/chain/) — Robinhood

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Last reviewed: 13 Jul 2026  
Canonical: https://hoodl2.com/entity/weth  
Source: HoodL2 (https://hoodl2.com) — an independent, sourced reference for the Robinhood Chain ecosystem. Not affiliated with Robinhood Markets or its subsidiaries.