L2 Standard Bridged WETH (Base)

WETH

Wrapped Token, derivative weights

A wrapped token, backed 1 to 1 by Ethereum.

STRICT score withheld.Score opens with Pro

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Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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Research, not financial advice. Read the terms.

About L2 Standard Bridged WETH (Base)

Analysis of 11 Feb 2026

L2 Standard Bridged WETH on Base is the canonical wrapped Ethereum token for Coinbase's Layer 2 network, representing 1:1 ETH locked on Ethereum mainnet. As of February 2026, Base maintains its dominant position with 46.6% of all Layer 2 DeFi TVL market share versus Arbitrum's 30.86%, processing 7-10 million transactions daily.

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Together, Base and Arbitrum represent over 75% of the L2 category. The network processed over 3.3 billion transactions in 2025, establishing itself as the clear L2 leader.

WETH serves as the primary base asset for Base's thriving DeFi ecosystem, anchoring liquidity in Aerodrome (the leading exchange on Base by volume and fees) and Uniswap V3.

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