Wrapped Aave Base EURCPrice(WABASEURC)
Details Wrapped Aave Base EURC (WABASEURC) Price information (USD)
The current real-time price of WABASEURC is $1.21. In the past 24 hours, WABASEURC has traded between $1.093 and $1.25, showing strong market activity. The all-time high of WABASEURC is $5.69, and the all-time low is $0.3924.
From a short-term perspective, the price change of WABASEURC over the past 1 hour is
Wrapped Aave Base EURC (WABASEURC) Market Information
Wrapped Aave Base EURC (WABASEURC) Today's Price
The live price of WABASEURC today is $1.21, with a current market cap of $29,984.09. The 24-hour trading volume is 22K. The price of WABASEURC to USD is updated in real time.
Wrapped Aave Base EURC (WABASEURC) Price History (USD)
What is WRAPPED AAVE BASE EURC (WABASEURC)?
When is the right time to buy WABASEURC? Should I buy or sell WABASEURC now?
Before deciding whether to buy or sell WABASEURC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WABASEURC technical analysis can provide you with trading references.
Future price trend of WABASEURC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WABASEURC.
How much will WABASEURC be worth tomorrow, next week, or next month in ? What about your WABASEURC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WABASEURC Price Prediction
How to buy WRAPPED AAVE BASE EURC (WABASEURC)
Convert WABASEURC to local currency
WABASEURC Resources
To learn more about WABASEURC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0xba13...319ba9  | 23,314 | 98.4% |
base | 0xcacd...2026b5 | 418 | 1.76% |
base | 0x4985...652b2b | 16 | 0.07% |
base | 0xb5e6...0d8696 | 5 | 0.02% |
base | 0xf167...80d842 | 4 | 0.02% |
Other | -64.4402 | -0.27% |
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WRAPPED AAVE BASE EURC (WABASEURC) FAQ
What is Wrapped Aave Base EURC (waBasEURC)?
It is a specialized financial token within the Aave V3 ecosystem on the Base network, representing a yield-bearing deposit of the EURC stablecoin. Unlike standard interest-bearing tokens that increase in quantity within a wallet, waBasEURC uses a static balance model. This means the number of tokens remains constant while the value of each token grows relative to the underlying EURC as it captures accrued interest from the lending pool.
Is waBasEURC classified as a stablecoin?
Not exactly. While it is backed 1:1 by EURC, which is a stablecoin pegged to the Euro, waBasEURC itself is an interest-bearing asset. Its value in terms of Euros is designed to increase over time as it captures the lending interest paid by borrowers. It essentially functions as a receipt for a stablecoin deposit that continuously appreciates in value.
How do users earn interest by holding this token?
Users earn interest automatically simply by holding the token in a supported wallet. There is no need to manually stake or lock the assets in additional protocols to receive the yield. The exchange rate between waBasEURC and the underlying EURC updates continuously as interest accrues within the Aave pool, reflecting the earnings in the token's value.
What is the primary difference between aBasEURC and waBasEURC?
The difference lies in the accounting method. For aBasEURC, your wallet balance physically increases as interest is earned. In contrast, waBasEURC maintains a static balance where the quantity of tokens stays the same, but each token becomes worth more underlying EURC over time. This wrapped version is specifically designed to be more compatible with various decentralized finance protocols that may not support tokens with fluctuating balances.
Is the underlying EURC asset compliant with European regulations?
Yes. Circle's EURC is one of the first major stablecoins to achieve full compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation. This classification as a regulated e-money token provides a layer of regulatory certainty for users and institutions operating within the European economic framework.
What are the main risks associated with holding waBasEURC?
Holders face smart contract risk, which involves potential vulnerabilities in the underlying protocol or wrapping code. There is also stablecoin de-peg risk, where the underlying EURC could lose its parity with the Euro. Additionally, users should consider liquidity risk, as trading large amounts may result in slippage if the liquidity in decentralized exchange pools is insufficient at the time of the transaction.
