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Ethereum · ERC-20

Is WETH Safe? Wrapped Ether Risk Overview

Canonical wrapped ETH — 1 WETH is redeemable 1:1 for ether.

Contract Identity

Token
Wrapped Ether (WETH)
Chain
Ethereum
Standard
ERC-20
Decimals
18
Contract
0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2

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This is an editorial token overview, not a scan report or safety rating. Open Sentinel with this address and chain to request a scan. Check the report timestamp and any unavailable checks before relying on its results.

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Key Risk Considerations

  • Review the canonical WETH contract separately from any bridge or wrapper using the same symbol.
  • Deposits mint wrapped tokens and withdrawals return ETH; integrations must handle the external transfer correctly.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.