Volume (24h)
$54.36
0.74 %
Total supply
38,380 WPE
Max. supply
38,380 WPE
OPES (Wrapped PE) (WPE)
$ 16.72
0.74 %
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updated $0Market cap$0
Volume 24h$54.36
OPES (Wrapped PE) is a wrapped token that trades under the ticker WPE. In plain terms, 'wrapped' means the original PE asset has been re-issued in a token format that smart contracts and decentralized applications can work with — the same value, placed in a more compatible container. The underlying asset is typically held as backing while WPE circulates in environments where the original token can't go.
Frequently asked questions
What is WPE and how is it different from regular PE?
WPE is the wrapped form of PE — a tokenized version built for compatibility with smart contracts and DeFi apps. The core idea of wrapping is simple: the underlying asset is locked away as backing, while the wrapped token circulates in places where the original format isn't supported. In most wrapped-token designs, each WPE is meant to be backed 1:1 by the underlying PE.
How does WPE work technically — does it have its own blockchain?
No — wrapped tokens like WPE don't run their own blockchain or consensus mechanism. They exist as standard tokens on an existing network and inherit that network's security. A wrapper contract (or a custodian) handles the mechanics: new WPE is minted when the underlying asset is deposited and burned when it's redeemed back.
How is the supply of WPE issued?
There is no mining or fixed emission schedule. Supply is elastic: WPE is created when users wrap the underlying PE and destroyed when they unwrap, so the circulating amount simply mirrors how much of the underlying asset is locked as collateral. This keeps the wrapped token fully backed rather than inflationary by design.
How can I store and use WPE?
Since WPE is a standard token, any non-custodial wallet that supports the blockchain it lives on will do — you may just need to add the token's contract address manually. From there you can hold it, transfer it, swap it, or put it to work in DeFi. As always, keep your seed phrase offline and never share it with anyone.