Avalanche Bridged WETH is a version of WETH available on the Avalanche network, enabling users to store and transact with Wrapped Ethereum on the Avalanche C-Chain. This provides faster and more cost-efficient transactions.
Launched in September 2020, Avalanche is a layer-1, open-source, proof-of-stake blockchain designed for decentralized applications, custom blockchain networks, and smart contracts. Its native cryptocurrency is AVAX.
WETH, or Wrapped Ethereum, is an ERC-20 token fully backed by ETH, the native cryptocurrency of the Ethereum blockchain. It functions as a tokenized representation of ETH, making it compatible with decentralized applications that require ERC-20 tokens.
The contract address is: 0x49d5c2bdffac6ce2bfdb6640f4f80f226bc10bab
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