WalletConnect is more than a bridge—it’s the connective layer for Web3, enabling seamless and encrypted communication between wallets and dApps across 60,000+ integrations. Central to this trusted infrastructure is $WCT, the utility and governance token driving its future.
What Is WalletConnect & WCT?
WalletConnect is a decentralized protocol that securely connects crypto wallets to dApps across major blockchains like Ethereum, Solana, Optimism, Arbitrum, Cosmos, and Bitcoin. It handles over 240 million monthly connections, supports 38 million unique active wallets, and integrates with more than 57,000 dApps—making it the backbone of Web3 transactions .
WCT, an ERC‑20 token launched on April 15, 2025, on Optimism, serves as the protocol’s economic engine—governing fees, staking, governance, and rewards within the network .
🎯 Core Utilities of WCT
1. Governance: Holders participate in protocol decisions, from voting on service fees to parameter changes and network upgrades .
2. Staking: Stake tokens to support network security and earn rewards. Incentives grow with longer lock-up durations—from one week up to two years .
3. Rewards Mechanism: Node operators and wallet providers are rewarded based on performance metrics such as uptime, connection volume, and latency .
4. Fees & Incentives: While WalletConnect doesn’t charge network fees yet, token holders can vote to enable fee structures in the future if the ecosystem deems it necessary .
📦 Tokenomics & Market Overview
Total / Max Supply: 1,000,000,000 WCT
Circulating Supply (Aug 4 2025): ~186.2 million WCT (~18.6%)
Market Cap: $56.4M on CoinMarketCap)
Fully Diluted Valuation (FDV): ~$303M USD
Pricing Snapshot
Current Price: ~$0.30 USD, up ~2.5% over the past 24h
All‑Time High: ~$1.34–$1.37 on May 31, 2025, now down ~78%
Recent Low: ~$0.278 in mid‑April 2025
🗓 Token Unlock & Vesting Schedule
Transferability Enabled: April 15, 2025—marking the TGE, after which $WCT became fully transferable for holders
Vesting Plan: Linear vesting extends through 2028. Next major unlock scheduled for November 15, 2025 for private sale and team allocations
Allocation Breakdown:
Foundation: ~20%
Team & Private Sale: ~19 % each
Community Rewards & Airdrops: ~30–31%
Backers, Protocol Dev, Market Makers: remaining ~12–13%
🌟 Why WCT Matters
Governance‑First: WCT enables a community-led roadmap—from staking model to fee governance.
Aligned Incentives: Node operators and wallet providers earn performance-based rewards, amplifying service quality.
Resilient Growth: Backed by an established protocol already powering millions of Web3 actions daily.
Scalable Utility: As usage expands, token utility will grow—potential future fees, staking pools, and ecosystem rewards.
📈 Growth & Ecosystem Highlights
Launch & Airdrop: Permitted via Binance Launchpool (~4% of supply from April 10, 2025) and ecosystem-focused distribution events
Funding: Raised over $10 million from investors like ConsenSys, Coinbase Ventures, HashKey, and Circle
Adoption: Drives over 38 million wallets, 240M+ monthly connections, and integration across decentralized services worldwide
🧾 Summary Table
Category Details
Token $WCT (WalletConnect Token)
Launch Date April 15, 2025
Total Supply 1 billion WCT
Circulating (Aug 2025) ~186 M WCT (~18.6%)
Market Cap ~$56 M USD
Fully Diluted Value ~$303 M USD
Use Cases Governance, staking, performance rewards
Unlock Schedule Linear vesting into 2028, next unlock Nov 15, 2025
Ecosystem Reach 38M+ wallets, 57K+ dApps, 240M+ connections/month
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🔮 Looking Ahead
With $WCT now fully transferable and its governance structure rolling out, the WalletConnect Network is poised for adoption-driven growth. As developers, wallets, and users adopt the ecosystem, token utility is set to scale—enabling community-led decisions and incentivizing high-quality service across Web3.
Want help explaining how to stake, participate in governance, or check upcoming unlocks? I’d be happy to guide you next.
