WETH (Ethereum) vs FT (Sonic) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-15.
| WETH | FT | |
|---|---|---|
| Price | $2.42K | $0.1436 |
| Market cap | $5.41B | $72.17M |
| 24h volume | $462.86M DEX | $25.89K DEX |
| Liquidity | $902.53M | $189.39K |
| FDV | $5.39B | $394.06K |
| Holders | 3,680,746 | — |
| Age (days) | 1,727 | 69 |
| Safety grade | A | D |
WETH is the oldest load-bearing contract in DeFi. Deployed in December 2017 as WETH9, the contract at 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 does exactly one thing: wrap ETH — which predates the ERC-20 standard and doesn't conform to it — into a token that does, redeemable one-for-one, instantly, by anyone, forever. It has no owner, no admin functions, no upgrade path, and no pause switch. Nearly every DEX trade, lending market, and NFT sale on Ethereum has settled through it at some point; it is less a token than a piece of the chain's plumbing.
That architecture is why the usual checklist comes back almost empty. There is no team to rug, no supply policy to abuse — WETH supply is simply however much ETH is currently deposited in the contract, minted on wrap and burned on unwrap. The failure mode people theorize about (the contract holding less ETH than WETH outstanding) would require a bug that eight-plus years of the highest-value adversarial testing in crypto has not found. HostDeFi's October 9, 2026 snapshot shows roughly $903 million of tracked pool liquidity and $73 million of daily volume on this deployment, and both understate reality — WETH is one side of thousands of pools our sample doesn't enumerate.
The most important thing to know about FT is its authority setup. As of the 2026-10-09 read, the contract's mint and freeze levers hasn't been removed, which keeps the option open for them to create new supply or freeze transfers. It's the main reason the read sits at 41/100 (grade D) today — and the clearest path to a higher grade is simply removing it.
On liquidity and holders, FT shows a $189.39K pool and a young record at 69 days as of 2026-10-09. Set the $189.39K pool against roughly $72.17M in market cap and the picture sharpens — depth is shallow for the size, so trades move the price more than the chart suggests and getting out cleanly takes care. On concentration, the deployer wallet holds just <0.01% of FT as of 2026-10-09, so the person who launched it isn't sitting on a dominant share.
By tracked market cap: WETH (Ethereum) measures $5.41B and FT (Sonic) measures $72.17M — dated snapshots, not a live feed.
On the contract checks we publish: WETH (Ethereum) grades A and FT (Sonic) grades D. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-10-09 and 2026-10-15T21:43:45, the measured snapshots show WETH at −2.05% and FT at −3.24%.
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-10-09→2026-10-15T21:43:45; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a HostDeFi product.