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Wrapped XTZ

Wrapped XTZ

WXTZ
$0.3225Up 2.40 percent($0.01)

Key Stats

Volume (24h)$1.44K
Max Supply∞
Launch Date2024-06-21
Built OnETHERLINK
Token StandardERC20
Smart Contract Address0xc9B5…3EAb
Decimal Places18

Wrapped XTZ Information

Websites
www.tezos.com
Parent Asset
XTZ

Wrapped XTZ Price Converter

Wrapped XTZWXTZ
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Wrapped XTZ Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
WXTZERC20ETHERLINK0xc9B53AB2679f573e480d01e0f49e2B5CFB7a3EAb2024-06-21
WXTZERC20ETH0xc9B53AB2679f573e480d01e0f49e2B5CFB7a3EAb2024-06-21
WXTZERC20ARB0x7424f00845777a06e21f0bd8873f814a8a814b2d2024-06-21
WXTZERC20BASE0x91F9cc2649ac70a071602cadE9b0C1A5868af51D2024-06-21

About Wrapped XTZ

Wrapped XTZ (WXTZ) is a wrapped representation of XTZ, the native asset of the Tezos blockchain. Tezos is a proof-of-stake smart contract platform with on-chain governance designed to support protocol upgrades without hard forks and it supports formal verification workflows for smart contracts. On Etherlink, an EVM-compatible Layer 2 powered by Tezos smart rollups, Etherlink describes WXTZ as a WETH-like token for XTZ that provides an ERC-20-like interface for dApps. “wXTZ/WXTZ” can also refer to other wrapped XTZ tokens issued by third parties on Tezos or other networks, depending on the deployment.

Frequently Asked Questions

Wrapped XTZ (WXTZ) is a wrapped representation of XTZ, the native asset of the Tezos blockchain.

Tezos is a proof-of-stake smart contract platform whose protocol can be upgraded through an on-chain governance process. Tezos is designed to support regular upgrades without relying on contentious hard forks. Its smart contracts are commonly written in Michelson, a language built to support formal verification, which is a method for mathematically checking contract behavior.

In practice, “WXTZ” is used in more than one place, so the exact token depends on the network:

  • On Etherlink (an EVM-compatible Layer 2 powered by Tezos smart rollups), Etherlink documentation describes WXTZ as a wrapped form of XTZ that mirrors how WETH works, meaning it provides an ERC-20-like token interface for XTZ on Etherlink.

  • On Tezos Layer 1, “wXTZ” is also used to refer to wrapped versions of XTZ issued by third parties for Tezos DeFi use cases.

  • Using XTZ in token-based app flows on Etherlink: Etherlink positions WXTZ as the tokenized form of XTZ for dApps and protocols that expect ERC-20-like tokens.

  • Wrap and unwrap mechanics (1:1): Wrapping typically locks XTZ in a contract and mints an equivalent amount of WXTZ, while unwrapping burns WXTZ and releases XTZ.

For Etherlink WXTZ, Etherlink documentation describes WXTZ as an Etherlink token intended to replicate WETH-style behavior for XTZ on Etherlink. For other “wXTZ” deployments, issuance depends on the specific provider (for example, StakerDAO describes its own wrapped Tezos product in its documentation).