Overview of BRETT/WETH
The BRETT/WETH trading pair is available on Aerodrome SlipStream, a decentralized exchange platform. This pair represents the exchange rate between BRETT tokens and Wrapped Ethereum (WETH). As of the latest data, the current price stands at $0.04208 per BRETT token, reflecting market activity and liquidity conditions.
The trading environment for this pair features a 1% transaction fee, which is standard for many decentralized exchanges. The pool has maintained active trading, with recent transactions occurring within the past 24 hours, indicating continued market interest.
Key Market Statistics
Price Performance and Trading Volume
BRETT/WETH has demonstrated significant market activity with a 24-hour trading volume of $1.13 million across 1,529 transactions. The price experienced a decline of approximately 10.66% in the same period, showing the volatility common to cryptocurrency markets.
The token reached its 24-hour high of $0.04733 and a low of $0.04208, both recorded during UTC morning hours. These fluctuations represent normal market dynamics and provide opportunities for traders seeking price differentials.
Liquidity and Pool Information
The liquidity pool for BRETT/WETH currently holds $3,004,210.74, providing adequate market depth for traders. This liquidity is distributed between two assets:
- 41.47 million BRETT tokens (valued at approximately $1,743,866.53)
- 601.64 WETH (valued at approximately $1,525,734.19)
The substantial liquidity ensures that trades can be executed with minimal slippage, making this pool attractive for both retail and institutional participants.
Contract and Security Details
The smart contract address for this trading pair is 0x4e829f8a5213c42535ab84aa40bd4adcce9cba02. This contract has been verified by the platform, adding a layer of security and trust for users. Security analysis indicates no honeypot risks or proxy contracts, providing additional confidence for traders.
The pool has been operational for approximately one year, demonstrating its established presence within the decentralized finance ecosystem.
Token Distribution and Holdings
BRETT tokens have achieved substantial distribution with approximately 856,210 holders. This wide distribution often indicates healthy token circulation and reduced concentration risk.
The largest single holder currently possesses 906.35 million BRETT tokens, valued at approximately $38,136,113.71. This significant holding is maintained at contract address 0x388e263cd180409701c6f34dd7ba45e33babc997.
Exchange Rate Information
The current exchange rate between BRETT and WETH stands at 0.00001659 WETH per BRETT token. For fcurrency reference, one U.S. dollar currently acquires approximately 23.77 BRETT tokens, providing traders with multiple valuation perspectives.
This exchange rate fluctuates based on market conditions, liquidity changes, and broader cryptocurrency market trends. View real-time exchange rates to stay updated on the latest market movements.
Trading Platforms and Accessibility
BRETT/WETH trading is available on multiple decentralized platforms including Aerodrome SlipStream, Maestro Bot, and KyberSwap. This multi-platform availability ensures traders can access the market through their preferred interface while benefiting from aggregated liquidity across venues.
The 1% trading fee on Aerodrome SlipStream is competitive within the decentralized exchange landscape, making it an attractive option for active traders.
Market Evaluation Metrics
The GT Score of 92.66 for BRETT/WETH indicates strong fundamental and technical metrics relative to other trading pairs. This scoring system evaluates multiple factors including liquidity, trading volume, security, and historical performance to provide traders with a comprehensive assessment tool.
The fully diluted valuation (FDV) of $420.76 million represents the theoretical market capitalization if all tokens were in circulation, providing perspective on the token's potential market scale.
Frequently Asked Questions
What determines the price of BRETT/WETH?
The price is determined by market forces through the automated market maker mechanism within the liquidity pool. Supply and demand dynamics directly influence the exchange rate between BRETT and WETH tokens.
How does the 1% trading fee affect my transactions?
The fee is applied to each trade executed on Aerodrome SlipStream. This fee contributes to the platform's maintenance and provides rewards for liquidity providers who support the trading pool.
What security measures protect BRETT/WETH traders?
The verified smart contract, absence of honeypot indicators, and regular transaction activity provide security assurances. However, users should always conduct their own due diligence before trading.
Can I trade BRETT/WETH on multiple platforms?
Yes, the trading pair is available on several decentralized exchanges including Aerodrome SlipStream, Maestro Bot, and KyberSwap. This allows traders to choose their preferred platform while accessing the same liquidity pool.
How often does the price update?
The price updates continuously with each transaction executed against the liquidity pool. Explore more trading strategies to optimize your trading approach in dynamic market conditions.
What does the GT Score represent?
The GT Score of 92.66 indicates strong overall health metrics for the trading pair, considering factors like liquidity depth, trading volume, security assessment, and historical performance data.