{"id":"gteth","title":"GTETH","content":"**GTETH** is a wrapped token issued by the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) exchange Gate.io. It is designed to represent [Ethereum](https://iq.wiki/wiki/ethereum) (ETH) on a 1:1 basis, enabling the use of ETH's value within the Gate.io ecosystem. [\\[1\\]](#cite-id-Olnmxf0noW) [\\[2\\]](#cite-id-1FBqUZbubq)\n\n## Overview\n\nGTETH functions as a tokenized version of [Ethereum](https://iq.wiki/wiki/ethereum), created to extend the utility of ETH beyond its native [blockchain](https://iq.wiki/wiki/blockchain). As a wrapped token, its primary purpose is to allow ETH to be represented and transacted within the Gate.io ecosystem. The value of GTETH is pegged to the value of Ethereum, with the issuer, Gate.io, holding an equivalent amount of ETH in a reserve to back the [circulating supply](https://iq.wiki/wiki/circulating-supply) of GTETH. This 1:1 backing ensures that the token's price closely tracks that of Ethereum. [\\[1\\]](#cite-id-Olnmxf0noW)\n\nThe token's direct association with Gate.io is confirmed by its official links, which direct to the exchange's main website and social media channels. The \"G\" prefix in its ticker, GTETH, is also consistent with the naming conventions of other exchange-specific tokens. The token provides a way for Gate.io users to interact with ETH-based value in a potentially more efficient manner within the exchange's environment. [\\[2\\]](#cite-id-1FBqUZbubq)\n\n## History\n\nA specific launch date for GTETH is not publicly documented in the available sources. However, historical market data indicates that the token has been actively trading since at least October 2025, with price and volume information recorded from that time. [\\[1\\]](#cite-id-Olnmxf0noW)\n\n## Technology\n\nGTETH is technically classified as a wrapped token. This means it is not a native [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) with its own independent [blockchain](https://iq.wiki/wiki/blockchain) but is instead a token that exists on an existing blockchain infrastructure. The process of creating GTETH involves locking a certain amount of the original asset, ETH, in a custodial reserve managed by Gate.io. An equivalent number of GTETH tokens are then minted. This mechanism ensures that each GTETH token can, in principle, be redeemed for one ETH, which maintains its price peg to the underlying asset. [\\[1\\]](#cite-id-Olnmxf0noW)\n\nWhile the specific [blockchain](https://iq.wiki/wiki/blockchain) or the technical details of the wrapping mechanism used by Gate.io for GTETH are not specified, its structure as a token is evident. Data from asset explorers confirms this status, as fields typically associated with a native coin, such as a unique algorithm or a genesis block date, are not populated for GTETH. [\\[3\\]](#cite-id-QcV274PcVW)\n\n## Tokenomics\n\nAs of November 9, 2025, the [tokenomics](https://iq.wiki/wiki/tokenomics) for GTETH were reported as follows:\n\n* **Circulating and Total Supply:** The circulating supply of GTETH was 153,820 tokens. This figure also represented its total supply, indicating that all minted tokens were in public circulation.\n* **Maximum Supply:** The maximum supply is listed as infinite (∞) or uncapped. This model is common for wrapped tokens, as it allows the issuer to mint more GTETH whenever new ETH is deposited into the reserve. This enables the supply to expand or contract based on user demand for wrapping and unwrapping the asset.\n* **Market Capitalization:** The token's [market capitalization](https://iq.wiki/wiki/market-capitalization) was approximately $550,181,643.\n* **Fully Diluted Valuation (FDV):** The FDV was identical to the market cap. Consequently, the Market Cap to FDV ratio was 1.0, which is expected for wrapped tokens where the total supply equals the circulating supply and is fully backed by reserves.\n\nThese [tokenomic](https://iq.wiki/wiki/tokenomics) figures are directly tied to the amount of [Ethereum](https://iq.wiki/wiki/ethereum) held in reserve by Gate.io to back the token. [\\[1\\]](#cite-id-Olnmxf0noW) [\\[3\\]](#cite-id-QcV274PcVW)\n\n## Trading and Market Performance\n\nGTETH is primarily traded on the centralized [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) exchange ([CEX](https://iq.wiki/wiki/cex-centralized-exchange)) Gate.io, which is also its issuer. This exchange serves as its main and most active trading venue. The most liquid trading pairs available on the platform are GTETH/USDT and GTETH/ETH. On November 9, 2025, the 24-hour trading volume for GTETH was recorded at approximately $388,184. [\\[1\\]](#cite-id-Olnmxf0noW)\n\nThe token's price history closely mirrors the market movements of its underlying asset, [Ethereum](https://iq.wiki/wiki/ethereum). Its all-time high price was recorded on October 7, 2025, at $4,751.71. Its all-time low of $3,083.74 was recorded on November 4, 2025. An analysis of its performance in the seven-day period leading up to November 9, 2025, showed a price decline of approximately 7.3%. During this period, GTETH underperformed the global [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) market, which declined by 4.3%, but it performed better than the average of similar wrapped tokens, which saw a collective decline of 7.6%. [\\[1\\]](#cite-id-Olnmxf0noW)","summary":"GTETH is a wrapped token issued by the Gate.io exchange. It represents Ethereum (ETH) on a 1:1 basis, enabling the use of ETH within the Gate.io ecosystem. The token is primarily traded on the Gate.io platform against USDT and ETH.","images":[{"id":"QmV1hMh5KpsnFVPHJftYUsuxJDrb9r8YPfrgVCKjSPdUWH","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Ethereum"},{"id":"CEXes"}],"media":[{"id":"QmY2nTB4NkfMhymmSKTDUAxcEPr7o5xcpeSwfYpQdiwq4P","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmQnZu4WiVgmv77A3W65E7fS3383WziAe2j2fdrNTJPSer","name":"ChatGPT Image Nov 9, 2025, 06_04_17 PM.png","caption":"","thumbnail":"QmQnZu4WiVgmv77A3W65E7fS3383WziAe2j2fdrNTJPSer","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"Olnmxf0noW\",\n    \"url\": \"https://www.coingecko.com/en/coins/gteth\",\n    \"description\": \"GTETH market data and overview\",\n    \"timestamp\": 1762722306243\n  },\n  {\n    \"id\": \"1FBqUZbubq\",\n    \"url\": \"https://tangem.com/en/cryptocurrencies/gteth/\",\n    \"description\": \"GTETH token information and Gate.io links\",\n    \"timestamp\": 1762722306243\n  },\n  {\n    \"id\": \"QcV274PcVW\",\n    \"url\": \"https://www.blockchain.com/explorer/assets/gteth\",\n    \"description\": \"GTETH asset explorer data\",\n    \"timestamp\": 1762722306243\n  },\n  {\n    \"id\": \"event-gteth-trading-begins-link\",\n    \"description\": \"Event link\",\n    \"url\": \"https://www.coingecko.com/en/coins/gteth\",\n    \"timestamp\": 1762722307090\n  },\n  {\n    \"id\": \"event-all-time-high-price-link\",\n    \"description\": \"Event link\",\n    \"url\": \"https://www.coingecko.com/en/coins/gteth\",\n    \"timestamp\": 1762722307090\n  },\n  {\n    \"id\": \"event-all-time-low-price-link\",\n    \"description\": \"Event link\",\n    \"url\": \"https://www.coingecko.com/en/coins/gteth\",\n    \"timestamp\": 1762722307090\n  }\n]"},{"id":"website","value":"https://www.gate.com/"},{"id":"twitter_profile","value":"https://x.com/Gate"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/gteth"},{"id":"references","value":"https://www.blockchain.com/explorer/assets/gteth"},{"id":"commit-message","value":"\"feat: Create wiki article for GTETH, Gate.io's wrapped Ethereum token\""}],"events":[{"id":"abd7993a-d7e0-42df-b770-f8cc3f0c1aca","date":"2025-10","title":"GTETH Trading Begins","type":"CREATED","description":"GTETH token trading data becomes available, with the token being listed on the Gate.io exchange.","link":"https://www.coingecko.com/en/coins/gteth","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"1e1f423a-9757-4a09-9a3e-ef59afdc8633","date":"2025-10","title":"All-Time High Price","type":"DEFAULT","description":"GTETH reached its all-time high price of $4,751.71, as recorded by CoinGecko.","link":"https://www.coingecko.com/en/coins/gteth","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"e4096a66-9c5c-4d5d-9f3e-7e4ca5345cf6","date":"2025-11","title":"All-Time Low Price","type":"DEFAULT","description":"GTETH recorded its all-time low price of $3,083.74 during a market downturn.","link":"https://www.coingecko.com/en/coins/gteth","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":[],"speakers":[]},"operator":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56"}}