The current real-time price of WM is $1.64. In the past 24 hours, WM has traded between $1.58 and $1.69, showing strong market activity. The all-time high of WM is $2.96, and the all-time low is $0.3635.
From a short-term perspective, the price change of WM over the past 1 hour is , over the past 24 hours is +1.47%, and over the past 7 days is -0.07%. These figures provide a quick overview of the latest price trends and market dynamics of WM on LBank.+6.20%
The live price of WM today is $1.64, with a current market cap of $1.433M. The 24-hour trading volume is 555.96. The price of WM to USD is updated in real time.
Before deciding whether to buy or sell WM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WM technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WM.
How much will WM be worth tomorrow, next week, or next month in ? What about your WM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WM Price Prediction
To learn more about WM, consider exploring other resources such as the whitepaper, official website, and other published information:
M is a rebasing token, meaning your wallet balance grows automatically as yield accumulates. In contrast, wM is non-rebasing; the token balance remains static. To access yield earned via wM, users must manually claim it. This static nature makes wM highly compatible with various decentralized finance (DeFi) tools, such as liquidity pools and lending platforms, which often cannot process tokens with changing balances.
Most decentralized protocols, including automated market makers and lending markets, expect a fixed number of tokens for their internal accounting. Because M uses a rebasing mechanism that automatically changes balances, it can cause technical issues in liquidity pools. wM was developed to provide a static, ERC-20 compliant version of the M stablecoin that can be easily integrated into the broader DeFi ecosystem and trading platforms like LBank.
Holding wM does not guarantee yield automatically. To begin earning, a user's wallet address must be included in the protocol's Earner List and trigger a specific function to start the process. Unlike the native token, wM yield is tracked separately and does not increase your wallet balance. You must execute a claim transaction to transfer the accumulated earnings into your wallet. Some integrations may also automate this claim during token transfers.
Users can convert between the two versions using the protocol's decentralized application or direct smart contract interactions. The wrap function converts native M into wM, while the unwrap function restores wM back to the rebasing M token. While the protocol maintains a consistent exchange value between the two versions, users must cover the network gas fees required to process these transactions on the blockchain.
The wM smart contracts have undergone extensive professional audits by leading security firms to ensure functional integrity and the safety of underlying assets. These audits focus on verifying the math behind the wrapping process, the security of the yield-claiming functions, and the overall solvency of the protocol. This rigorous testing helps maintain trust for users engaging with wM across various trading and lending platforms.
Wrapped M is primarily used for trading, lending, and providing liquidity within the decentralized finance ecosystem. It can be found on major decentralized exchanges and centralized platforms like LBank, often paired against other stablecoins. Due to its static balance, it is widely compatible with Ethereum and various Layer 2 networks, making it a versatile asset for users looking to utilize their stablecoin holdings in diverse financial applications.
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