WAMPL Yield Calculator
Calculate Your WAMPL Value
See how much your AMPL is worth after wrapping into WAMPL and the potential yield from DeFi staking.
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Most people who hear about Ampleforth (AMPL) think it’s just another cryptocurrency that tries to stay at $1. But AMPL doesn’t work like Bitcoin or Ethereum. Every day, at 02:00 UTC, its supply changes - up or down - based on price. If AMPL goes above $1, more coins are created. If it drops below $1, coins are burned. This is called a rebase. It’s clever, but it breaks almost everything in DeFi.
Why AMPL Doesn’t Work in DeFi
Imagine you put 100 AMPL into a liquidity pool on Uniswap. You earn fees, you get rewards. Then, at 2 a.m. UTC, the protocol rebase hits. Suddenly, you have 105 AMPL. Your balance changed without you doing anything. Now, your share of the pool is off. Your staking rewards? Miscalculated. Your loan collateral? Wrong. Compound Finance dropped AMPL in 2021 because of this. Uniswap had to build special workarounds. Most DeFi apps just refused to support it.That’s where WAMPL comes in. Wrapped Ampleforth (WAMPL) is a simple fix: it’s AMPL locked up in a smart contract, turned into a regular ERC-20 token. No rebasing. No surprise supply changes. You get 1 WAMPL for every 1 AMPL you deposit. You can send it, trade it, stake it - just like any other token.
How WAMPL Works
The wrapping process is straightforward. You take your AMPL from your exchange wallet, send it to the official Ampleforth wrapping contract at0xd46ba6d942050d489dbd938a2c909a5d5039a161 on Ethereum. The contract locks it up and mints WAMPL to your wallet. To get your AMPL back, you burn WAMPL, and the contract releases your original AMPL. It’s 1:1. Always.
There’s no middleman. No company holding your coins. It’s all code. But you still need to trust that the smart contract hasn’t been hacked. That’s why the Ampleforth team had it audited by Trail of Bits in November 2025. No critical flaws found. Still, there’s a small risk - like any DeFi contract - if something goes wrong in the code, your funds could be stuck.
WAMPL vs AMPL: The Real Difference
| Feature | AMPL | WAMPL | |--------|------|-------| | Supply changes daily? | Yes (rebase) | No | | ERC-20 compatible? | No | Yes | | Works on Uniswap, Aave, SushiSwap? | Limited, with hacks | Fully | | Price stability | Targets $1 (CPI-adjusted) | Tracks AMPL’s market price | | Can be used in yield farms? | Hard | Easy | | Gas fees per wrap/unwrap | ~$0.45 (one-time) | Same as any ERC-20 transfer | | Max supply | Unlimited | Limited by locked AMPL |WAMPL doesn’t try to be stable. It doesn’t aim for $1. It just follows AMPL’s market price. As of November 20, 2025, WAMPL trades around $1.50, same as AMPL. If WAMPL drops to $1.40 and AMPL stays at $1.50, people will rush to buy WAMPL, unwrap it, and sell AMPL for profit. That keeps prices aligned. Arbitrage keeps them close - usually within 0.5%.
Where You Can Use WAMPL
If you want to earn yield on AMPL exposure without the rebasing chaos, WAMPL is your only real option. Here’s where it’s actually being used:- SushiSwap: The WAMPL/USDC pool holds over $4.2 million in total value locked (TVL) - 92% of all WAMPL liquidity.
- Curve Finance: Some AMPL-focused pools accept WAMPL as collateral.
- Aave: You can deposit WAMPL as collateral to borrow other assets.
- DeFi yield aggregators: Platforms like Yearn and Beefy allow WAMPL deposits in automated strategies.
One user on Reddit, ‘DeFiFarmer2025’, earned 8.2% APY over 90 days by staking WAMPL/USDC on SushiSwap. No rebasing glitches. No broken calculations. Just clean, predictable yields.
Why WAMPL Isn’t Bigger
Despite its usefulness, WAMPL only has a $22.68 million market cap as of October 2025. AMPL itself is worth nearly twice that - $38.42 million. Why?Because most people don’t need WAMPL. If you’re holding AMPL for long-term speculation, you don’t care about DeFi. You just want to see if the rebase will pump your balance. If you’re trading, you can just buy AMPL on Binance or KuCoin. WAMPL only matters if you’re deep into DeFi.
Plus, gas fees hurt. Wrapping or unwrapping costs around $0.45 per transaction. For small amounts, that’s not worth it. One user lost 3.7% of their principal in July 2025 just from wrapping/unwrapping during a volatile week.
And let’s be honest - the whole AMPL concept is niche. It’s not a stablecoin. It’s not a store of value. It’s a weird experiment. WAMPL is just the tool that lets people play with that experiment in DeFi. It’s not going to replace ETH or BTC. It’s not even close to wBTC’s $14 billion market cap.
How to Get WAMPL (Step by Step)
If you want to try it, here’s how:- Get a Web3 wallet: Install MetaMask, Trust Wallet, or Binance Web3 Wallet.
- Buy ETH: You need Ethereum to pay for gas. At least 0.01 ETH recommended.
- Buy AMPL: Buy it on KuCoin, Binance, or Coinbase. Don’t buy WAMPL directly - you need AMPL first.
- Send AMPL to your wallet: Withdraw AMPL from the exchange to your wallet address. Double-check the token symbol - AMPL, not WAMPL.
- Go to wrap.ampleforth.org: This is the official wrapping site. Never use a third-party site.
- Connect your wallet and approve the transaction.
- Enter amount and click “Wrap”. Confirm the gas fee.
Done. You now have WAMPL. To unwrap, just reverse the steps. The whole process takes 15-25 minutes if you’ve done crypto before. Beginners might need 45-60 minutes.
What’s Next for WAMPL?
The Ampleforth team knows gas fees are a problem. Their roadmap for Q2 2026 includes launching WAML bridges to Polygon and Arbitrum. That means lower fees, faster swaps, and more users. If they pull it off, WAMPL could grow beyond its current niche.Right now, WAMPL transaction volume is $3.1 million per month. That’s tiny compared to wBTC’s $2.4 billion. But it’s up 147% year-over-year. The protocol’s CTO says this growth is critical for AMPL’s survival in DeFi. Whether that’s true or not, WAMPL fills a real gap.
Is WAMPL Worth It?
If you’re just holding crypto for the long haul? Skip it. Buy AMPL and hold.If you want to earn yield, lend, or trade AMPL exposure inside DeFi? WAMPL is your only practical choice. It’s not a miracle token. It doesn’t promise returns. It just makes AMPL usable where it couldn’t be before.
And if you’re curious about how elastic supply tokens work? WAMPL is the cleanest way to test the waters without breaking your DeFi positions.
Is WAMPL the same as AMPL?
No. WAMPL is a wrapped version of AMPL. AMPL changes supply daily through rebasing. WAMPL does not. WAMPL is an ERC-20 token that can be traded and used in DeFi apps, while AMPL cannot be used directly in most DeFi protocols. You can convert AMPL to WAMPL 1:1, and vice versa.
Can I buy WAMPL directly on Coinbase or Binance?
Yes, you can buy WAMPL directly on Binance and KuCoin. But to use it in DeFi, you still need to move it to a Web3 wallet. Most users buy AMPL on exchanges first, then wrap it themselves for better control and lower fees.
Is WAMPL a stablecoin?
No. WAMPL is not pegged to $1. It tracks the market price of AMPL, which fluctuates based on demand. As of November 2025, WAMPL trades around $1.50. The original AMPL aims for CPI-adjusted $1 stability, but WAMPL has no price target - it just mirrors AMPL’s price.
What happens if the wrapping contract gets hacked?
If the smart contract is compromised, the AMPL locked inside could be stolen. That’s why the contract was audited by Trail of Bits in November 2025 - no critical vulnerabilities were found. But like all DeFi contracts, there’s always some risk. Never wrap more than you’re willing to lose.
Why does WAMPL have a lower market cap than AMPL?
WAMPL is a niche tool for DeFi users. Most AMPL holders are speculators who don’t use DeFi. They just want to benefit from daily rebases. Since WAMPL requires extra steps (wrapping, gas fees, wallet setup), adoption is limited to active DeFi participants. That’s why its market cap is smaller.
Can I earn interest on WAMPL?
Yes. You can stake WAMPL in liquidity pools like SushiSwap’s WAMPL/USDC pair and earn trading fees. Some platforms also offer yield farming rewards. Users have reported APYs between 6% and 10% in late 2025. But remember - yields change based on pool activity and market conditions.
Is WAMPL safe to use?
WAMPL is as safe as the smart contract that backs it. The contract has been audited and is live on Ethereum. But you must use the official wrapping site: wrap.ampleforth.org. Never trust third-party sites asking for your private key. Always verify the contract address: 0xd46ba6d942050d489dbd938a2c909a5d5039a161.
Will WAMPL be available on other blockchains?
Yes. According to Ampleforth’s October 2025 roadmap, WAML bridges to Polygon and Arbitrum are planned for Q2 2026. This will reduce gas fees and make WAMPL more accessible outside Ethereum. Until then, it’s only available on Ethereum.