Terenval Crypto Glossary · Русская версия
Wrapped Ether
Definition: Wrapped Ether, commonly WETH, is an ERC-20-compatible token representation of ETH used by smart contracts that expect token-standard interfaces.
WETH is generally created and redeemed through a wrapping contract rather than being a separate native fee asset.
How this concept appears in Terenval Wallet
Terenval users interacting with EVM dApps may encounter WETH as a contract-based token while native ETH remains the network fee asset.
Important: Do not assume WETH can pay gas simply because its value is designed to track ETH.
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