Wrapped ETH · Ethereum

Wrapped Ether WETH

ETH held in an Ethereum wrapper contract, allowing it to be used as an ERC-20 token.

In use on-chain· 5 open positionsAssessment temporarily unavailable

Sample protocol snapshot. These figures are not the current protocol state.

Assessment overview

The assessment could not be loaded. Available protocol data is shown below.

Risk data & lending terms

Lending terms

Effective annual interest

1.33%

Current rate, adjusted for retained reserve

Retained reserve

25.0%

Current share of gross minted debt

Global minting limit

18.5M ZCHF

Across all originals · 2.8% used

Effective interest = (base rate + contract premium) ÷ (1 − retained reserve).

Positions & price exposure

Price exposure

0 ZCHF (0.00% of this asset's debt) is within 10% of its configured liquidation price at the last observed market price.

The last price observation is 1580 hours old; this asset's monitoring window is 1 hours. Price-based figures describe that earlier observation.

Collateral value / debt

198%

reference-priced collateral ÷ debt across the considered positions

Nearest price cushion

25.6%

reference-price distance to the highest configured liquidation price · median 50.4%

Debt within 10% of its liquidation price

0 ZCHF

within 5 %: 0 · within 20 %: 0

Positions considered

5

active, with debt, at 2.0k CHF / WETH

Debt by price cushion

  • ≤ 0%–
  • 0 – 5 %–
  • 5 – 10 %–
  • 10 – 20 %–
  • 20 – 40 %42.8k
  • > 40 %484.3k
Positions nearest their liquidation price
PositionPrice cushionDebt ZCHFWETHLiq. priceState
0xB66899…503A97v2 · clone25.6%5.2k3.45001'500open
0x73030c…f7e182v2 · clone35.5%37.7k28.981'300open
0xabe499…4aEDCfv2 · clone50.4%477.1k477.091'000open
0xe26524…167D23v2 · clone58.1%5.0k5.9598844.21open
0x4173E7…22e329v2 · clone58.1%2.2k2.5910844.21open

Cushion = reference-price distance to the configured liquidation price. Reference price: 2'015 CHF.

What if the price falls?

Explore debt at or beyond its configured liquidation price. Positions and parameters stay unchanged. This estimates threshold exposure, not liquidation proceeds or losses; comparisons assume 1 ZCHF = 1 CHF.

Starting price: 2'015 CHF / WETH, observed 07 Sept 2026, 14:22 UTC. This scenario uses an unverified or outdated reference price.

Compare price scenarios
Price dropReference CHF priceDebt beyond thresholdShare of asset debtPositions
0%2'0150 ZCHF0.00%0
10%1'8140 ZCHF0.00%0
20%1'6120 ZCHF0.00%0
40%1'20942.8k ZCHF8.13%2

Positions

PositionOwnerWETHMinted ZCHFColl. ratioLiq. priceEffective interestReserveAuctionExpires
0xabe499…4aEDCfv2 · clone0xB484…1F20477.09477.1k202%1'0001.33%25%24 h01 Dec 2027
0x73030c…f7e182v2 · clone0xde60…a59228.9837.7k155%1'3001.33%25%24 h01 Dec 2027
0xB66899…503A97v2 · clone0x6616…79453.45005.2k134%1'5001.33%25%24 h07 Jan 2027
0xe26524…167D23v2 · clone0x5E5A…010A5.95985.0k239%844.211.33%25%24 h01 Dec 2027
0x4173E7…22e329v2 · clone0x1C69…5cBa2.59102.2k239%844.211.33%25%24 h01 Dec 2027
20 closed or denied positions
0xf68Aca…E46Afbv1 · clone0x963e…b3010.00000–1'0453.33%10%24 h17 Jun 2025
0xBD5678…BC54dEv1 · clone0x963e…b3010.00000–1'0003.33%10%24 h17 Jun 2025
0xA73eA0…8fC639v1 · original0x5aEf…9D920.00000–1'5003.33%10%24 h17 Jun 2025
0x9c2f51…a6BFBav2 · clone0xfE63…B2A80.00000–600.001.33%25%24 h01 Dec 2027
0x1CA30C…12ACeAv2 · clone0x6F81…cD140.00000–1'0161.33%25%24 h29 Jul 2026
0xfcB796…618243v2 · clone0x6616…79450.00000–1'0721.33%25%24 h22 Aug 2026
0x936eeD…6F9d7Cv2 · clone0x5C93…CA040.00000–1'2001.33%25%24 h19 Aug 2026
0x668414…707878v2 · clone0x62E9…28B20.00000–4'699'0031.33%25%24 h01 Dec 2027
0x3FE8eA…D4e72dv2 · clone0x7728…6EDf0.00000–616.651.33%25%24 h01 Dec 2027
0x53A303…6b32fav2 · clone0xEe93…36fa0.00000–1'4371.33%25%24 h30 Apr 2026
0xCE17dB…7B94b2v2 · original0xbe80…58e30.00000–85'000'0001.33%25%24 h29 Mar 2027
0x5D21c0…d63f94v2 · clone0xBe42…16Dd0.00000–1'6001.33%25%24 h03 Jan 2026
0x8AeEAc…B64cf7v2 · clone0x3E84…f4af0.00000–650.001.33%25%24 h28 Feb 2026
0xa66e53…0fE1bBv2 · clone0xB484…1F200.00000–1'4001.33%25%24 h30 Apr 2026
0x3f8F9D…1a4578v2 · clone0xB484…1F200.00000–1'0941.33%25%24 h30 Apr 2026
0x181A09…005B8Bv2 · clone0x55cF…6DcA0.00000–1'0001.33%25%24 h30 Apr 2026
0xd5F35b…edC886v2 · clone0x963e…b3010.00000–1'6001.33%25%24 h30 Apr 2026
0xB55C48…3e87AEv2 · clone0x3E84…f4af0.00000–850.001.33%25%24 h30 Apr 2026
0x649f08…aC22B6v2 · clone0x3071…770F0.00000–1'8501.33%25%24 h30 Jan 2025
0x49C431…699a10v2 · original0x963e…b3010.00000–1'6001.33%25%24 h01 Dec 2027

Effective interest includes the reserve adjustment. Collateral ratio = collateral value at the current price ÷ minted. Open a position on app.frankencoin.com ↗.

Challenges & liquidations

StartedPositionChallengerSize (WETH)FilledLiq. priceBidsStatus
18 May 2026, 20:21 UTC0x668414…7078780x5a57…4e0c2.0000100%4'699'0031Success
29 Mar 2026, 08:23 UTC0xce17db…7b94b20x982d…6c720.1000100%85'000'0001Success
06 Apr 2025, 18:01 UTC0xa73ea0…8fc6390x963e…b3012.0000100%1'5005Success
05 Aug 2024, 03:21 UTC0xa73ea0…8fc6390x963e…b3012.0000100%2'0003Success

Most recent 25. Full history on app.frankencoin.com ↗.

Changes & sources

Token contract0xc02aaa39…3c756cc2Etherscan ↗

Governance reference: not linked. A discussion link and a published assessment do not by themselves verify an adopted parameter set.

All protocol parameters

Reference market price

2'015 CHF

$2'489

Minted ZCHF

527.2k

debt against this collateral

Remaining aggregate limit

18.0M

of 18.5M ZCHF total limit

Estimated collateral value

1.0M CHF

518.07 WETH locked

Open positions

5

5 total · 0 original / 5 clones

Debt / collateral value

50.5%

debt ÷ reference-priced collateral

Contract risk premium (V2)

0.00%

risk premium above the lead rate

Annual fee rate on gross debt

1.00%

= base rate + contract premium, before reserve adjustment

Challenges

0

active · 4 total

Source: protocol aggregate (api.frankencoin.com/ecosystem/collateral/stats) · price via defillama (07 Sept 2026, 14:22 UTC)

Community discussion

No discussion thread found for this collateral yet.