WETH (Ethereum) vs VELO (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
| WETH | VELO | |
|---|---|---|
| Price | $2.71K | $0.0366 |
| Market cap | $5.58B | $48.76M |
| 24h volume | $241.99M | $821.36K |
| Liquidity | $924.90M | $1.62M |
| FDV | $5.58B | $96.03M |
| Holders | 3,669,227 | 56,933 |
| Age (days) | 1,727 | 132 |
| Safety grade | A | B |
WETH is the oldest load-bearing contract in DeFi. Deployed in December 2017 as WETH9, the contract at 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 does exactly one thing: wrap ETH — which predates the ERC-20 standard and doesn't conform to it — into a token that does, redeemable one-for-one, instantly, by anyone, forever. It has no owner, no admin functions, no upgrade path, and no pause switch. Nearly every DEX trade, lending market, and NFT sale on Ethereum has settled through it at some point; it is less a token than a piece of the chain's plumbing.
That architecture is why the usual checklist comes back almost empty. There is no team to rug, no supply policy to abuse — WETH supply is simply however much ETH is currently deposited in the contract, minted on wrap and burned on unwrap. The failure mode people theorize about (the contract holding less ETH than WETH outstanding) would require a bug that eight-plus years of the highest-value adversarial testing in crypto has not found. NexFlow's September 27, 2026 snapshot shows roughly $925 million of tracked pool liquidity and $73 million of daily volume on this deployment, and both understate reality — WETH is one side of thousands of pools our sample doesn't enumerate.
VELO at 0x9560e827af36c94d2ac33a39bce1fe78631088db is Velodrome's exchange token — the emissions engine of the vote-escrow DEX that routes a large share of Optimism's stable-asset flow. This row is the VelodromeV2 deployment, 132 days into its record at the September 27, 2026 snapshot.
The figure carrying the analysis is the supply gap: a $48.8 million market cap against a $96.0 million fully-diluted read on 2.6 billion units — the distance between the two is the unemitted allocation the emissions schedule still holds, which is how a ve-model token is designed to work. Tracked depth of $1.6 million is workable for the size on $224.7 thousand of 24-hour volume.
By tracked market cap: WETH (Ethereum) measures $5.58B and VELO (Optimism) measures $48.76M — dated snapshots, not a live feed.
On the contract checks we publish: WETH (Ethereum) grades A and VELO (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-21 and 2026-09-27T15:10:18, the measured snapshots show WETH at −0.00% and VELO at +25.3%.
SOL vs WETHWETH vs WBNBWETH vs USDTWETH vs USDCGHO vs VELOVELO vs DGAIVELO vs LINKVELO vs PRIME
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-21→2026-09-27T15:10:18; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.