Binance is excited to announce the 67th project on Binance Launchpool - WalletConnect (WCT), an open-source network that connects users to decentralized apps through a secure and interoperable protocol. The webpage is estimated to be available in 12 hours, before the Launchpool starts. 

Users will be able to lock their BNB,  FDUSD  and USDC to receive WCT airdrops over four days, with farming starting from 2025-04-11 00:00 (UTC).

If you've ever clicked a “Connect Wallet” button or scanned a QR code to access a decentralized app (dApp), chances are you’ve encountered WalletConnect. This ubiquitous blue logo has quietly become the connective tissue of Web3, linking wallets and applications across countless blockchains. Since 2018, WalletConnect has been the backbone of on-chain user experiences – an icon of trust as recognizable in crypto as Visa is in traditional payments​. It provides a simple, secure bridge between 600+ supported wallets and 61,000+ applications, powering over 275 million connections for 45 million users globally​. Now, WalletConnect is entering a new era with the launch of the WalletConnect Token (WCT) and a high-profile debut on Binance Launchpool. This blog post dives into WalletConnect’s growth, the purpose of WCT in decentralizing the ecosystem, and why the Binance Launchpool listing of WCT is an exciting development for the crypto community.

A Network Trusted by Millions

From DeFi trading to NFT marketplaces, WalletConnect underpins many of the experiences crypto users take for granted. It’s integrated everywhere – from popular wallets like MetaMask and Trust Wallet to major exchanges like Binance and beyond​. The numbers paint a clear picture of its reach and momentum:

  • 275M+ total connections made via WalletConnect (cumulative)

  • 45M+ unique users have used WalletConnect to date​

  • 61K+ dApps (decentralized apps) across all chains support WalletConnect​

  • 600+ wallets have integrated the protocol for connectivity​

This extensive adoption continues to accelerate. Today, WalletConnect facilitates around 20 million connections every month for over 5 million monthly active users. In fact, just in March 2025 it handled 18 million connections in one month through its top 8 wallet integrations. Year-over-year, the growth has been explosive – the network saw over 179 million connections in 2024, up from 41 million in 2023 (more than a 4× YoY increase in activity)​. Such growth underscores WalletConnect’s proven product-market fit and vital role in Web3: it has become the default way for users to seamlessly and securely interact with the on-chain world.

Decentralizing a Web3 Staple: Why Launch a Token?

Despite WalletConnect’s success, the team’s vision goes beyond being “just” ubiquitous infrastructure. The goal is to fully decentralize and future-proof the WalletConnect network so that it is permissionless, community-owned, and self-sustaining. Enter the WalletConnect Token (WCT) – a utility token designed to align incentives and put control in the hands of the community. With WCT, WalletConnect is evolving from a core piece of Web3 plumbing into a community-driven network where users, developers, and node operators collectively govern and secure its future.

What does WCT do? In short, it powers the four pillars of the WalletConnect network’s ecosystem:

  • Network Fees: WCT will be used to pay for certain network services and interactions, creating a sustainable fee economy for WalletConnect’s infrastructure​. (For example, apps or wallets may use WCT to pay messaging relayer fees in the future, once the network fully switches on tokenized fee models.)

  • Staking (Security): Holders can stake WCT to support WalletConnect node operations, helping secure and run the network’s messaging relays. In return for staking and thereby contributing to network stability, stakers earn rewards. Longer-term stakers get higher rewards, incentivizing commitment to the network’s health​. Notably, over 106.5 million WCT is already staked by the community, with 305,000+ token holders participating to secure the network – a strong vote of confidence in WalletConnect’s future.

  • Governance: WCT holders gain a voice in the evolution of the protocol. They can propose and vote on decisions like protocol upgrades, fee parameters, and other improvements, steering WalletConnect’s development in a community-driven direction​. Over time, as the network transitions into a full DAO (decentralized autonomous organization), WCT-based governance will ensure no single entity controls the fate of this critical piece of Web3 infrastructure.

  • Rewards and Incentives: WCT creates an incentive structure to reward participants who contribute to WalletConnect’s success. 17.5% of the token’s initial supply is earmarked for community rewards in the network’s early years (with 5% in the first year)​. These WCT rewards can be distributed to various contributors – from wallet developers improving the UX, to node operators maintaining high uptime, to possibly end-users through airdrops – all aligned to encourage growth and better on-chain user experiences​. In essence, if you help make WalletConnect stronger or more useful, the network can reward you in WCT.


    By encompassing fees, staking, governance, and rewards, WCT is the fuel that keeps the WalletConnect engine running and evolving​. It ensures those who use and support the network have a stake in its success. This token launch is paving the way for WalletConnect’s next phase: an open network where power users and builders are also owners. As the team puts it, with WCT “WalletConnect is introducing a robust, community-led infrastructure designed to decentralize connectivity and revolutionize onchain UX”​. The endgame is a Web3 connectivity standard that is maintained by its millions of users, not just a single team or company.

Listing

Binance will then list WCT at 2025-04-15 11:00 (UTC) and open trading with  WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD and WCT/TRY trading pairs. The Seed Tag will be applied to WCT.

WCT Launchpool Details:

  • Token Name: WalletConnect (WCT) 

  • Total Token Supply: 1,000,000,000 WCT 

  • Max Token Supply:  1,000,000,000 WCT

  • Launchpool Token Rewards: 40,000,000 WCT (4% of total token supply)

  • Learn & Earn Campaign (distributes in batches): 10,000,000 WCT 

  • Initial Circulating Supply When Listed on Binance: 186,200,000 WCT (18.62%  of total token supply)

  • Smart Contract/ Network Details: OP Mainnet, 0xeF4461891DfB3AC8572cCf7C794664A8DD927945 

  • Research Report:  WalletConnect (WCT) (will be available within 24 hours of publishing this announcement)

  • Listing fee: 0

  • Launchpool Terms will apply. Users are required to complete KYC to Binance’s satisfaction.

  • Hourly Hard Cap per User: 

    • 35,416 WCT in BNB pool

    • 2,083 WCT in FDUSD pool

    • 4,166 WCT in USDC pool

Supported Pools: 

  • Lock BNB (webpage will be available in around 12 hours): 34,000,000 WCT in rewards (85%) 

  • Lock FDUSD (webpage will be available in around 12 hours): 2,000,000 WCT in rewards (5%)

  • Lock USDC (webpage will be available in around 12 hours): 4,000,000 WCT in rewards (10%)

  • Farming Period: 2025-04-11 00:00 (UTC) to 2025-04-14 23:59 (UTC)