WASP-2 is a binary star system located about 496 light-years away in the Delphinus constellation. The primary is a magnitude 12 orange dwarf star, orbited by a red dwarf star on a wide orbit. The star system shows an infrared excess noise of unknown origin.
The primary star hosts one known exoplanet, WASP-2b. Since the planet transits the star, the star is classified as a planetary transit variable and has received the variable star designation V357 Delphini.