WCT isn’t flashy—but it powers the pipes of decentralized UX.
Utility
Staking & Rewards: Node operators, wallets, and apps earn WCT for participating in the WalletConnect Network.
Governance & Fees: Token holders vote on protocol fees and upgrades; token-based fees are planned as usage scales.
Transferability unlocked: As of April 15, 2025, WCT became fully transferable—moving from a closed rollout to open mobility.
Long-Term Potential
WalletConnect is core to Web3 UX: enabling 600+ wallets, 70K+ apps, and 50M+ active connections, WCT ties communities, governance, and rewards into that essential glue. As wallet–dApp interactions grow, so does WCT’s intrinsic value.
Project Highlights
Wide adoption: Millions of wallets and app connections annually—WCT powers this ecosystem.
Structured vesting: Only ~18.6% of the 1B supply is unlocked; major allocations governed until 2028
Governance-ready: Now mobile, WCT holders can meaningfully shape fee models, direction, and infrastructure.
Why It Persists
Essential infrastructure: Without WalletConnect, Web3 usability suffers. WCT flows where usage happens.
Governance alignment: Token holders directly influence network evolution.
Scarcity mechanics: Slow vesting and limited supply create long-term value pressure.