Eth Development Tutorials, Guides & Insights
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ETH vs WETH: Understanding the Difference and Their Roles in Ethereum
Tutorial October 24, 2024
- ETH: Used for gas fees, transactions, and interacting directly with the Ethereum network.
- WETH: Primarily used within decentralized applications and protocols that require ERC-20 tokens, such as decentralized exchanges (e.g., Uniswap) or lending platforms.
- ETH can be wrapped into WETH and vice versa. There is no change in value—1 ETH always equals 1 WETH.