Since its launch in 2018, WalletConnect has been seen as the silent "middleware" connecting wallets to decentralized applications (dApps). But behind the scenes, it has steadily grown to become a foundational pillar in the Web3 world. Today, it is transforming into something beyond that: a community-led infrastructure.
From protocol to backbone of Web3
WalletConnect is now akin to Visa for the world of decentralized finance:
Supports over 600 wallets and 65,000 decentralized applications.
Facilitates millions of secure connections daily.
Surpassed over 309 million connections, transferring billions of dollars across its platform.
This massive scale of adoption reflects its status as an indispensable infrastructure in Web3.
$WCT: Redefining the role
With the launch of the WCT token, WalletConnect is no longer just a connecting tool, but has become a community-driven economic system:
Storage and rewards: WCT holders secure and manage the network, with rewards linked to uptime and contract performance.
Fees and governance: Crucial decisions such as introducing and structuring relay fees are now in the hands of the community.
Roadmap: Governance councils gradually evolving into DAOs, granting token holders broader authority.
Power across chains
Thanks to Wormhole NTT, WCT remains native and efficient across multiple networks such as:
Ethereum
Optimism
Solana
This enhances its status as a trusted token in a multi-chain environment.
Metrics showing the transformation
Over 121.3 million WCT locked across the network.
Over 49,400 active participants in staking.
Returns up to 22% APY.
More than just a token
WalletConnect blends:
The technical infrastructure,
The economic asset,
The decentralized gateway.
By linking the use of decentralized applications to token governance, it solidifies the concept of "access sovereignty" — where users and developers have a real role in managing and developing how they access Web3.
🔑 The result:
WalletConnect is no longer just a backend tool; it has evolved into a core strategy for the future of Web3 — where security, governance, and innovation meet at a single community-led point.