PANews reported on June 5 that according to Aunt Ai, the whale address, which had lost money on 8,613 ETH due to circulating long on May 16, bought 1,660.95 WETH again in the past 11 hours, worth about $4.398 million. Since June 1, the address has opened a total of 2,001 ETH and 1,661 WETH, with a total investment of about $9.38 million, an average opening cost of $2,562.32, and a current floating profit of about $200,000.
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Mellow Protocol
Mellow vaults are now live on @SuperseedXYZ🔥
This brings more efficient capital provisioning and active liquidity strategies – starting with @VelodromeFi pools for SUPR, WETH, and USDC.
Get full automation – no micromanagement required🦾
Superseed
We’re launching something new with @mellowprotocol today.
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PANews
PANews reported on June 3 that according to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to stake aToken to prevent bad debts in the protocol and receive rewards. This mechanism replaces the old staking AAVE and stkABPT methods, and directly burns aTokens to deal with bad debts, achieving higher capital efficiency and an objective triggering mechanism. Initially, it will be launched on networks such as Ethereum, Arbitrum, Avalanche and Base, covering major assets such as USDC, USDT, WETH and so on. Umbrella has been developed and audited and is ready to go live.
very cool
this is basically dividing aave into junior and senior tranches
locked $aUSDC holders get higher apy for a bit more risk
yield amplification for fixed duration assets is gonna be a bigger trend in DeFi going forward
Marc “Billy” Zeller 👻 🦇🔊
3 days from now, a massive safety upgrade goes live on @Aave.
Aave was already the best risk-adjusted venue for your assets and positions. After this upgrade, we’ll be in a league of our own.
What you need to know to stay ahead:
1) aToken staking means you can be slashed and must commit for 20 days, but yields will be high (up to 12% on stables and 6% on wETH.
2) AAVE distributions will be significantly reduced, paired with ongoing buybacks. The protocol remains deeply token-flow positive.
3) StkGHO, as we know it, will be slowly deprecated: There will be no more AAVE rewards and no more lock-up. A streamlined umbrella vault will take the lead with a higher yield (but smaller target size), and a liquid sGHO deposit vault (with a smaller yield) will launch in a few weeks.
4) Bad debt is slashed automatically with no governance involved. Your deposits stay protected by stakers. Historically, LPs have earned $ 3,150 in yield for every $1 of bad debt in Aave. There’s still risk staking in the umbrella vault, but I’ll be putting my own money there.
TL;DR: Higher overall yields, fewer AAVE tokens distributed, lower DAO spending, and broader user coverage with a more efficient system.
Just Use Aave.
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WETH price performance in TRY
The current price of weth is ₺71,547.62. Over the last 24 hours, weth has decreased by -1.47%. It currently has a circulating supply of 190,027 WETH and a maximum supply of 190,027 WETH, giving it a fully diluted market cap of ₺13.60B. The weth/TRY price is updated in real-time.
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About WETH (WETH)
WETH (WETH) is a decentralized digital currency leveraging blockchain technology for secure transactions. As an emerging global currency, WETH currently stands at a price of ₺71,547.62.
Why invest in WETH (WETH)?
As a decentralized currency, free from government or financial institution control, WETH is definitely an alternative to traditional fiat currencies. However, investing, trading or buying WETH involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about WETH (WETH) prices and information here on OKX TR today.
How to buy and store WETH?
To buy and store WETH, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying WETH, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.2K new posts about WETH, driven by 658 contributors, and total online engagement reached 190K social interactions. The sentiment score for WETH currently stands at 88%. Compared to all cryptocurrencies, post volume for WETH currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of WETH.
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1,222
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658
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190,054
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88%
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Posts
1,100
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WETH FAQ
What’s the current price of WETH?
The current price of 1 WETH is ₺71,547.62, experiencing a -1.47% change in the past 24 hours.
Can I buy WETH on OKX TR?
No, currently WETH is unavailable on OKX TR. To stay updated on when WETH becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of WETH fluctuate?
The price of WETH fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 WETH worth today?
Currently, one WETH is worth ₺71,547.62. For answers and insight into WETH's price action, you're in the right place. Explore the latest WETH charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as WETH, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as WETH have been created as well.
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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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