Arbitrum Bridged WETH (Arbitrum One)
WETHA bridged version of Ethereum on another chain.
The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
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About Arbitrum Bridged WETH (Arbitrum One)
Analysis of 11 Feb 2026Arbitrum Bridged WETH represents Ethereum bridged to the Arbitrum One Layer 2 network, serving as the canonical wrapped ETH implementation for Arbitrum DeFi. As of February 11, 2026, WETH tracks ETH at approximately $1,960-$2,025, backed 1:1 by ETH locked in the Arbitrum bridge on Ethereum mainnet.
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Arbitrum maintains approximately $2.1-2.8 billion in TVL representing 30-44% of L2 DeFi value, though the L2 landscape has consolidated dramatically with Base (46%), Arbitrum (31%), and Optimism processing nearly 90% of all L2 transactions. The network has processed 2.16 billion total transactions with 1.45 million active wallets, shifting from raw expansion to deeper utilization as transaction density per user increases.
WETH serves critical infrastructure across major DeFi protocols, with top projects including Aave, USD AI protocol, and Pendle Finance leading by TVL alongside GMX, Uniswap, and others. Security concerns remain heightened following a January 2026 $1.5M exploit via compromised deployer account that exposed proxy contract vulnerabilities and over-centralized admin permissions, while broader cross-chain bridge exploits like CrossCurve have revealed missing validation checks in message verification processes.