๐ WalletConnect Token (WCT): Powering the 
WCT Future of Web3 Connectivity
๐ What is WCT?
WalletConnect Token (WCT) is the official utility and governance token of the WalletConnect protocolโan open-source infrastructure that enables seamless interaction between crypto wallets and decentralized applications (dApps). Designed to support a multi-network experience, WCT plays a central role in securing, operating, and upgrading the WalletConnect ecosystem
๐ WCT Token Metrics (as of June 2025)
๐ช Max Supply: 1,000,000,000 WCT
๐ผ Circulating Supply: Approximately 186,200,000 WCT (~18.6%)
๐ท๏ธ Current Price: ~$0.31 USD
๐ Market Capitalization: ~$57 million USD
๐ 24h Trading Volume: ~$50 million USD
๐ All-Time High (ATH): $1.34 (May 31, 2025)
๐ All-Time Low (ATL): $0.281 (April 15, 2025)
๐ Core Utilities of WCT
1. ๐ฅ Governance: Token holders have voting rights to influence protocol changes, upgrades, and economic decisions across the WalletConnect Network.
2. ๐ฆ Staking & Rewards: WCT enables users to stake and earn rewards for participation in the networkโs growth and performance validation.
3. ๐ต Future Fee Payments: Though currently fee-free, the network may introduce usage fees, with WCT as the medium of payment, pending community approval.
๐งฎ Token Distribution Breakdown
WCTโs 1 billion supply is divided into strategic allocations to promote growth and decentralization:
๐ ๏ธ Development: 7%
๐ฏ Incentive Rewards: 17.5%
๐ Airdrops: 18.5%
๐จโ๐ผ Core Team: 18.5%
๐ธ Early Backers: 11.5%
๐๏ธ WalletConnect Foundation: 27%
Note: Team and investor tokens are locked under a 4-year vesting schedule, with a 1-year cliff to ensure long-term alignment.
๐ Key Milestone: Binance Launchpool
In April 2025, WCT was featured on Binance Launchpoolโa major event that helped distribute tokens to users and boost visibility.
โณ Event Dates: April 11โ14, 2025
๐ฏ Total Rewards: 40 million WCT (4% of total supply)
๐ Pool Allocation:
85% to BNB pool
10% to USDC pool
5% to FDUSD pool
Post-launch, the token was listed on multiple chains, including Ethereum and Optimism, with the contract address:
0xeF4461891DfB3AC8572cCf7C794664A8DD927945
๐ง Why WCT Matters
๐ณ๏ธ Decentralized Governance: Token holders steer the future of the protocol.
๐ป Incentivized Participation: Active engagement earns staking rewards.
๐ก Multichain Ecosystem: Deployed on major blockchains to ensure accessibility.
โ Controlled Inflation: No new token minting expected in the short term; any future changes are community-governed.
๐ Final Thoughts
WCT isnโt just another tokenโitโs a foundational pillar of one of Web3โs most widely used connectivity protocols. By blending utility, governance, and community control, it opens the door for sustainable, user-centric innovation in decentralized technology. As WalletConnect adoption increases across wallets and dApps, the role of WCT is likely to grow in relevance and value.
๐ข Disclaimer: The above content is for informational purposes only and does not constitute investment advice. Always DYOR (Do Your Own Research).
