Wrapped EGLDPrice(WEGLD)
Details Wrapped EGLD (WEGLD) Price information (USD)
The current real-time price of WEGLD is $3.79. In the past 24 hours, WEGLD has traded between $3.74 and $3.88, showing strong market activity. The all-time high of WEGLD is $827.47, and the all-time low is $3.73.
From a short-term perspective, the price change of WEGLD over the past 1 hour is
Wrapped EGLD (WEGLD) Market Information
Wrapped EGLD (WEGLD) Today's Price
The live price of WEGLD today is $3.79, with a current market cap of $8.180M. The 24-hour trading volume is 102K. The price of WEGLD to USD is updated in real time.
Wrapped EGLD (WEGLD) Price History (USD)
What is WRAPPED EGLD (WEGLD)?
When is the right time to buy WEGLD? Should I buy or sell WEGLD now?
Before deciding whether to buy or sell WEGLD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WEGLD technical analysis can provide you with trading references.
Future price trend of WEGLD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WEGLD.
How much will WEGLD be worth tomorrow, next week, or next month in ? What about your WEGLD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WEGLD Price Prediction
How to buy WRAPPED EGLD (WEGLD)
Convert WEGLD to local currency
WEGLD Resources
To learn more about WEGLD, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0xe2fc...a93ae1  | 20,014 | 6.67% |
binance-smart-chain | 0xf977...41acec | 20,002 | 6.67% |
binance-smart-chain | 0x8894...e2d4e3 | 18,287 | 6.1% |
binance-smart-chain | 0x0529...c553b7 | 15,599 | 5.2% |
binance-smart-chain | 0x0843...434083 | 13,879 | 4.63% |
Other | 212.220K | 70.74% |
Hot Events
WRAPPED EGLD (WEGLD) FAQ
What is Wrapped EGLD (wEGLD)?
Wrapped EGLD (wEGLD) is a token built on the Ethereum blockchain that is pegged to the value of Elrond Gold (EGLD), the native cryptocurrency of the MultiversX network. As a "wrapped" token, wEGLD is tied to the value of another cryptocurrency, allowing that native asset to be utilized on a different blockchain where it wouldn't natively exist.
Why does wEGLD exist and what is its purpose?
wEGLD exists primarily to enhance interoperability between the MultiversX and Ethereum networks. Its purpose is to allow EGLD holders to access the extensive ecosystem of the Ethereum blockchain, including its various decentralized exchanges (DEXs), liquidity pools, and diverse decentralized finance (DeFi) applications that might not be natively available to EGLD.
How is wEGLD used within the MultiversX ecosystem?
The MultiversX blockchain uses tokens in the ESDT (Elrond Standard Digital Token) format. Since native EGLD is not in ESDT format, it needs to be converted to wEGLD. This conversion enables wEGLD to be used on various decentralized platforms within the MultiversX ecosystem for activities like token swaps, adding liquidity to pools, and engaging in other smart contract interactions, making it compatible with the network's DeFi infrastructure.
What are the primary use cases for wEGLD?
Beyond facilitating cross-chain compatibility, wEGLD offers several key use cases. These include enabling arbitrage trading opportunities between different networks, participating in staking protocols to potentially earn income, and serving as collateral for loans within decentralized finance (DeFi) applications. Its versatility expands the utility of native EGLD.
How does the wrapping and unwrapping process for wEGLD work?
The process of converting native EGLD into wEGLD is known as "wrapping." Conversely, transforming wEGLD back into native EGLD is called "unwrapping." This entire process is frequently automated to ensure user convenience. While advanced users have the option to skip unwrapping for efficiency, the core mechanism ensures a 1:1 peg between the wrapped and native tokens.
Where can wEGLD tokens be traded?
wEGLD tokens can be traded on various decentralized exchanges, facilitating liquidity and swaps across different blockchain networks. Additionally, depending on listing availability, users might find wEGLD available for trading on centralized cryptocurrency exchanges, such as LBank, offering another avenue for access and exchange to a broader user base.
