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Convert WETH WETH to Philippine Peso PHP

WETH to PHP: 1 WETH converts to ₱137,662.62 PHP as of June 26 at 5:08 PM

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About WETH

WETH is climbing this week. The current price of WETH is ₱137,662.62 per WETH. With a circulating supply of 3,375,317.593 WETH, it means that WETH has a total market cap of ₱464,036,275,154.89. The amount of WETH traded has risen by ₱266,084,797.76 in the last 24 hours, which is a 0.50% increase. Additionally, in the last day, ₱53,568,908,124.99 worth of WETH has been traded.

The exchange rate of WETH is increasing. The current value of 1 WETH is ₱137,662.62 PHP. In other words, to buy 5 WETH, it would cost you ₱688,313.08 PHP. Inversely, ₱1.00 PHP would allow you to trade for 0.00000726 WETH while ₱50.00 PHP would convert to 0.000363 WETH, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 2.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.63%, and that the highest exchange rate of 1 WETH to PHP was ₱141,435.57 PHP and the lowest 24 hour value was 1 WETH for ₱136,922.77 PHP. Last month, 1 WETH was worth ₱140,530.76 PHP. Today, it's down 4.36%. Looking back a year, WETH has changed by ₱202,034.95 PHP. That means that in a single year, the value of WETH has shrank by 29.55%.

WETH Market Stats

#### What is WETH? WETH, or Wrapped Ether, is a unique token that aims to bridge the gap between Ether ([ETH](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum)) and other [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token) built on the Ethereum [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain). Ether, the native currency of the Ethereum blockchain, was developed before the [ERC-20](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/what-is-erc20) standard, a common framework for Ethereum tokens. This discrepancy means that Ether does not conform to its own ERC-20 standard, which can cause issues when trading ETH for other ERC-20 tokens on decentralized platforms. WETH was introduced to solve this problem. It is essentially an ERC-20 compliant version of Ether, created by trading ETH via a [smart contract](https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract) for an equivalent amount of WETH. #### How does WETH work? WETH operates through a process known as "wrapping". However, this term can be misleading as no actual wrapping takes place. Instead, ETH is traded via a smart contract for an equal amount of WETH. This process creates a token that is ERC-20 compliant and can be traded directly with other ERC-20 tokens on decentralized platforms. This standardization ensures that tokens don't get lost in translation during trades. If users want to convert their WETH back to ETH, they can "unwrap" it, essentially trading it back for plain ETH. #### What are the potential use cases for WETH? The primary use case for WETH is to facilitate direct trades between ETH and other ERC-20 tokens on decentralized platforms. By converting ETH to WETH, users can ensure that their tokens are in a standardized format, which is crucial for successful trades on these platforms. This standardization aims to prevent tokens from getting lost in translation during trades. WETH, therefore, plays a crucial role in the Ethereum ecosystem, enabling smoother and more efficient transactions between different types of tokens. #### What is the history of WETH? WETH was developed as a solution to a unique problem within the Ethereum ecosystem. ETH, the native currency of the Ethereum blockchain, was created before the ERC-20 standard was established. This meant that ETH did not conform to the standard that governs most tokens on the Ethereum network, leading to potential issues when trading ETH for other ERC-20 tokens. WETH was introduced to address this issue, providing a version of ETH that is ERC-20 compliant. Looking ahead, steps are being taken to update the ETH codebase to make it compliant with its own ERC-20 standards, which may eventually render WETH unnecessary.

₱137,662.62Current price
₱464.04BMarket cap
₱53.57BVolume (24h)
3.4M WETHCir. Supply

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Conversion tables

WETH to PHP values from Today at 5:08 pm

0.5 WETH = ₱68,831.31 PHP
1 WETH = ₱137,662.62 PHP
5 WETH = ₱688,313.08 PHP
10 WETH = ₱1,376,626.16 PHP
50 WETH = ₱6,883,130.81 PHP
100 WETH = ₱13,766,261.62 PHP
500 WETH = ₱68,831,308.11 PHP
1,000 WETH = ₱137,662,616.23 PHP

PHP to WETH values from Today at 5:09 pm

₱0.50 PHP = 0.00000363 WETH
₱1.00 PHP = 0.00000726 WETH
₱5.00 PHP = 0.000036 WETH
₱10.00 PHP = 0.000073 WETH
₱50.00 PHP = 0.000363 WETH
₱100.00 PHP = 0.000726 WETH
₱500.00 PHP = 0.0036 WETH
₱1,000.00 PHP = 0.0073 WETH

WETH to PHP over time

WETH
Today
24H
0.52%
1M
-2.08%
1Y
-46.76%
0.5 WETH
₱68,831.31 PHP
₱68,475.29 PHP
₱70,265.38 PHP
₱101,017.48 PHP
1 WETH
₱137,662.62 PHP
₱136,950.58 PHP
₱140,530.76 PHP
₱202,034.95 PHP
5 WETH
₱688,313.08 PHP
₱684,752.89 PHP
₱702,653.81 PHP
₱1,010,174.75 PHP
10 WETH
₱1,376,626.16 PHP
₱1,369,505.78 PHP
₱1,405,307.63 PHP
₱2,020,349.50 PHP
50 WETH
₱6,883,130.81 PHP
₱6,847,528.91 PHP
₱7,026,538.14 PHP
₱10,101,747.52 PHP
100 WETH
₱13,766,261.62 PHP
₱13,695,057.83 PHP
₱14,053,076.28 PHP
₱20,203,495.05 PHP
500 WETH
₱68,831,308.11 PHP
₱68,475,289.14 PHP
₱70,265,381.39 PHP
₱101,017,475.25 PHP
1,000 WETH
₱137,662,616.23 PHP
₱136,950,578.28 PHP
₱140,530,762.78 PHP
₱202,034,950.49 PHP

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Buy WETH with Coinbase Wallet

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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.