connecting over 600 wallets and 67,000+ dApps through its decentralized protocol. With more than 300 million connections and 47.5 million users — growing to 50 million unique wallets and 337 million connections by July 2025 — it’s clear this network has scaled into a cornerstone of the Web3 ecosystem.
Its open design and cross-chain compatibility make onboarding into Web3 far easier. The WalletConnect Guide and Certified program set high standards for wallet security and usability, with providers like BitPay and Fireblocks earning certification to boost user trust.
The $WCT token powers it all — from staking and governance to rewards. In December 2024’s Season 1 airdrop, 185 million $WCT were distributed, and over 59,000 stakers locked up 123 million tokens, earning up to 23% APY. Flexible staking not only boosts rewards but also increases governance influence.
With incentives like $WCT and tools such as the Reown WalletKit SDK, WalletConnect is driving deeper community engagement and stronger Web3 interoperability. The team’s push to expand across more blockchains and improve cross-chain messaging positions it as a key long-term player in decentralized user experience.