What is WERM on Base?

WERM is a meme token on the Base blockchain, Coinbase’s Layer 2 built for low fees and fast confirmations. Like most meme assets, WERM is primarily driven by community sentiment rather than a defined utility or product. If you’ve seen a similarly named token on other chains (for example, Solana), note that this article covers only the Base-chain token at address 0x55a602e0594867b28912afcadbbade35d2fa2b39.

• Chain: Base
• Symbol: WERM
• Name (commonly listed): Werm
• Contract: 0x55a602e0594867b28912afcadbbade35d2fa2b39

Key stats and quick context (as of Nov 7, 2025)

• Price: roughly in the $0.000003–$0.000004 range (highly volatile)
• Market cap: approximately $3,800–$3,860
• 24h volume: approximately $79–$1,343 (low liquidity)
• Total supply: 1,000,000,000 WERM
• Circulating supply: ~1B (near total)
• FDV: roughly equal to market cap (due to near-full circulation)
• Primary pair: WERM/WETH on Base

What this means in plain English:

• With nearly the entire supply circulating and a tiny market cap, price moves can be sharp in either direction.
• Low daily volume suggests slippage risk when placing larger orders.

Liquidity and where to trade

WERM is currently available on decentralized exchanges in the Base ecosystem. The most commonly referenced venue is Uniswap, where you’ll typically find a WERM/WETH pool on Base.

To monitor and trade the token in one place, you can also use:

• GMGN.AI WERM page: https://gmgn.ai/base/token/fV1R5sZ5_0x55a602e0594867b28912afcadbbade35d2fa2b39

Tip: On small-cap meme tokens, always double-check the contract address before swapping to avoid lookalike tokens.

Tokenomics at a glance

• Supply design: 1B total, with effectively all tokens circulating.
• No explicit utility: There’s no published roadmap, whitepaper, or product use case tied to WERM at this time.
• Implication: Price discovery is primarily narrative- and sentiment-driven, not fundamentals-driven.

Community and visibility

There is no official website or prominent team presence identified. Coverage on major listing sites is thin, often flagged as “Not enough data.” As with many small meme coins, traction—if any—will likely be social-first and fast-moving.

Security status and audits

• Third-party screening: Tools like Token Sniffer or Honeypot checks are listed as “Not available” in some dashboards.
• No public audits: We couldn’t find evidence of a formal smart contract audit.

What this means:

• Absence of audits is common for micro-cap meme tokens, but it increases your exposure to risks like buggy code, upgrade keys, or malicious functions. Proceed carefully.

Risks to understand before you click “swap”

• High volatility: Prices can move rapidly on sentiment alone.
• Low liquidity: Thin order books mean higher slippage and difficulty exiting size.
• No utility: Without fundamentals, price support relies on community and hype cycles.
• Tooling blind spots: Missing or incomplete risk checks (e.g., honeypot/tax flags) make diligence harder.
• Regulatory overhang: Meme tokens are increasingly on regulators’ radar; policy shifts can affect liquidity and access.

Only deploy capital you can afford to lose.

How to verify you’re looking at the right WERM

• Confirm the chain: Base (Layer 2).
• Match the contract: 0x55a602e0594867b28912afcadbbade35d2fa2b39.
• Check the pair: WERM/WETH on Base DEXs.
• Compare metadata: Total supply near 1B; circulating close to 100% of supply.
• Cross-check on multiple tools before trading. For example, verify the pool on Uniswap and review market activity via the GMGN.AI token page: https://gmgn.ai/base/token/fV1R5sZ5_0x55a602e0594867b28912afcadbbade35d2fa2b39

Practical tips for trading micro-cap memes like WERM

• Use limit orders where possible, or set slippage conservatively on swaps to reduce adverse fills.
• Test with a small amount first to ensure transactions execute as expected.
• Watch taxes: If buy/sell taxes exist, they reduce your effective proceeds; confirm before trading.
• Track liquidity changes: Sudden LP removals or additions can whipsaw price.
• Time your entries: Low-volume hours can magnify price impact; consider liquidity conditions, not just price.

Bottom line

WERM on Base is a micro-cap meme token with near-total circulating supply, low liquidity, and no clear utility—meaning its price is largely a function of sentiment. If you choose to engage, keep positions sized appropriately, verify the contract address, and use reputable venues like Uniswap and the GMGN.AI WERM page (https://gmgn.ai/base/token/fV1R5sZ5_0x55a602e0594867b28912afcadbbade35d2fa2b39) to monitor pools, price action, and trade execution.