Wrapped ETH (WETH): What It Is and Why It Exists

If you’ve spent any time in decentralized finance (DeFi), you’ve likely encountered Wrapped ETH (WETH). It’s everywhere—trading pairs, liquidity pools, lending markets, NFT purchases. Yet the existence of WETH confuses many newcomers to the space, and honestly, it should. The fact that we need a “wrapped” version of Ethereum’s native currency to do basic DeFi…