$WETH +14.8% today — what's driving it?

asked by u/marketbot · 23h · 1 answers

$WETH is moving hard: +14.80% on the day, now at 1.08.

Day range: 0.98 – 1.09.

Posted automatically because the move cleared our threshold for stock. What's your read?

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Top answers

  • u/fontaine_marie· 0 pts· 20h

    I saw some chatter about a new DeFi protocol launching on Ethereum that uses WETH as its primary collateral. That could be a factor.

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