What is WalletConnect?
WalletConnect is the connectivity network shaping the future of onchain UX.
If you’ve connected to a Web3 app, you’ve seen WalletConnect. That blue logo? It’s everywhere—an icon of trust in crypto, as recognizable as Visa at checkout.
From DeFi to NFTs, swaps to staking, WalletConnect is the backbone of connectivity in the onchain economy—seamlessly bridging wallets, apps, and blockchains.
The numbers speak for themselves: Over 275 million connections and 45 million users worldwide have trusted WalletConnect to power their Web3 experience.
And now, with the launch of the WalletConnect Token, the network is taking the next step—paving the way for a fully decentralized, permissionless and community owned future of connectivity.
Key themes to lean into: Trust, Proven product market fit, data ... especially after recent meme / vaporware coins.
Additional themes: Resilient (since 2018), Open Source, Widely adopted (wallet and app) sta tistics
Ubiquitous: From MetaMask to Polymarket to Trust to Binance to Jupiter WalletConnect is everywhere
Creative Assets for KOLs/Partners: KOL Brand Assets WalletConnect Dashboard: https://profile.walletconnect.network/ Recent Stat & Data driven messaging
Revolutionizing Onchain Connectivity: The WalletConnect Network is the backbone of Web3, enabling 275M+ seamless, secure connections for 45M+ users worldwide. With 61K+ apps linked to 600+ wallets across all chains.
Transferability vote has passed and listing is happening in April. Announcement Link
Staking information for KOLs: X Thread,
Post Public Sale Demand Hype:
WalletConnect Secures $10M in Four Oversubscribed Sales, Demand Surges as Transferability is Anticipated Soon
● CoinList Community Round: Oversubscribed 4x, attracting 18,000 participants from over 100 countries. Purchasers pre-funded $15.5M, surpassing the $4M target.
● Private Sale on Echo: This sale reached $500K in just 11 seconds
● Bitget LaunchX Community Round: Reached its $4M target within two hours. Over
67000 participants committed more than $326M, far exceeding the target allocation.
● $1.5M raised in private sales from key community members
Longform
WalletConnect is the connectivity network shaping the future of onchain UX.
The onchain world is bursting with innovation and promise for the next version of the internet, yet, it’s faced one major problem since its inception: it was designed for the many, but built for the few.
Enter WalletConnect. Since 2018, WalletConnect has been the cornerstone of connectivity in web3, providing a bridge between wallets and apps to give users simple and secure ways to connect to the onchain economy. It is the core connectivity layer for over 275 million connections spanning more than 45 million users across the globe, and today, facilitates over 20 million monthly connections for more than 5 million monthly users.
But the journey doesn’t stop there. The WalletConnect Network is evolving into a permissionless ecosystem powered by the WalletConnect Token (WCT) and its 45-million-strong community. Supported by leading global node operators such as Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, and Nansen, the network is becoming more secure, scalable, and decentralized than ever before. With WCT at the heart of the network, WalletConnect is introducing a robust, community-led infrastructure designed to decentralize connectivity and revolutionize onchain UX.
The WalletConnect community plays a critical role in the WalletConnect ecosystem, and it’s imperative they’re involved in every step of the mission. That’s why the Token Community Round is an early access invitation to the WalletConnect community for WCT at a fair valuation in line with recent private offerings and without a lock-up period.
Key Highlights
Revolutionizing Onchain Connectivity: The WalletConnect Network is the open-source network powering more than 275 million seamless and secure connections for over 45 million users, bridging over 61,000 apps to 600+ wallets across all chains.
Shaping the Future of Onchain UX: WalletConnect’s role in web3 today is paramount to the wider space’s future. As the industry’s go-to bridge for app-to-wallet connectivity, WalletConnect drives and facilitates impactful developments and standards across the ecosystem in partnership with top players to radically improve industry UX.
Utility-Powered Token: The WalletConnect Token (WCT) is at the heart of the network, enabling fees, staking, governance, and rewards, creating an incentive structure that benefits users and developers alike, and enables the WalletConnect community to contribute to the function and success of onchain UX.
Leading global backers: WalletConnect is backed and supported by leaders within and beyond the industry. With 16 top-tier node operators such as Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, and Nansen, WalletConnect ensures a resilient, scalable, and decentralized foundation for its network.
Tokenomics
The initial supply of WCT is capped at 1 billion, with allocations designed to support the Network's growth and sustainability. These allocations include:
WalletConnect Foundation (27%): For partnerships, grants, ecosystem development, and operations
Airdrops (18.5%): For seasonal airdrops to users, apps, wallets, nodes, etc.
Team (18.5%): For team members
Rewards (17.5%): For staking and performance rewards
Backers (11.5%): For those who provided resources and support to the early-stage Network Core Development (7%): For further development of the protocol and related modules
Token utility
The WalletConnect Token (WCT) is integral to the WalletConnect Network, fueling the onchain UX ecosystem by empowering its community of users, apps, and wallets to contribute to a better onchain future through shared incentives.
The token has four key functions:
Fees: WCT will be used to pay for network services, ensuring long-term sustainability. Initially, the network won't have a fee structure; however, as it matures, the community may introduce fees through governance mechanisms. The proposed model envisions a Monthly Active User (MAU) fee structure for connection services.
Rewards: 17.5% of the initial WCT supply is allocated to incentivize network participants over the first few years. Rewards will be distributed to community contributors, including wallet providers and node operators, based on performance factors like uptime and latency.
Staking: WCT holders can stake their tokens to support network stability and sustainability, earning rewards in return. Staking rewards come from a portion of the general reward pool.
Rewards increase with longer commitments and larger stakes, with mechanisms in place to prevent over-concentration.
Governance: WCT enables holders to participate in the network's governance, allowing them to propose, discuss, and decide on key decisions, such as fee structures and reward allocations. This community-driven approach ensures that the network evolves in line with the interests of its participants.
Latest Transferability Vote:
Roadmap & technology
The WalletConnect Network today plays a critical role as the centerpiece of connectivity for web3, connecting apps and wallets and providing fundamental communication channels for almost all projects and tools within the onchain economy to enable millions of users to connect to the decentralized world.
The network began its decentralization roadmap in 2023 with its first major technical upgrade to v2 of the network. In 2024, it entered the next phase through the introduction of node operators. The network is taking a phased approach to decentralization:
Whitepaper
WalletConnect Technical Whitepaper
Articles & Content
WCT Token - All you need to know What is the WalletConnect Network Ecosystem Update 1
Ecosystem Update 2
Ecosystem Update 3
Pedro Gomes: Year in Review and future vision WalletConnect Explainer Video
January Growth - includes stats and graphics
February Growth - includes stats and graphics
Latest Staking Update - includes stats and graphics WalletConnect is the Key to a Future of Onchain Connectivity KOL Brand Assets
Over 106.5M WCT staked with 305,000+ WCT Holders—securing the WalletConnect Network!
The WalletConnect Network supports 600+ wallets, so chances are, you’re already a network power user. WalletConnect facilitated 18M connections in March alone for the top eight Web3 wallets.
Cumulative Connections: As of February 2025 WC has facilitated a total of 256 million connections, up from 240 million in January 2025.
The demand for reliable connectivity continues to grow, and WalletConnect will feed that demand as the gateway to the onchain world.
YoY Growth: LINK TO BLOG
In 2023, the WalletConnect Network had provided the foundations for 7.2 million users to make 41 million connections across the onchain world. This year, the network has facilitated more than 179 million connections for over 31 million users, more than quadrupling the impact on the previous year.
How to participate on Launchpool?
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).
Launchpool Token Rewards: 40,000,000 WCT (4% of total token supply)
Hourly Hard Cap per User:
35,416 WCT in BNB pool
2,083 WCT in FDUSD pool
4,166 WCT in USDC pool
