Data Interpretation: The proportion of DeFi applications in the WalletConnect protocol reaches 68%, $WCT becomes the strongest Beta target
The latest on-chain data shows that DeFi applications dominate the usage of the WalletConnect protocol.
Distribution by segment:
📊 DeFi protocols: 68%
📊 NFT market: 22%
📊 GameFi: 7%
📊 Others: 3%
Leading applications:
Uniswap: Average daily connections 1.2 million times
Aave: Average daily connections 800,000 times
OpenSea: Average daily connections 600,000 times
Compound: Average daily connections 400,000 times
Geographical distribution:
🌍 North America: 35%
🌍 Europe: 28%
🌍 Asia: 22%
🌍 Others: 15%
Investment insights:
Since WalletConnect is the infrastructure of the DeFi ecosystem, $WCT becomes:
✅ The strongest beta target for DeFi growth
✅ Multi-protocol risk hedging tool
✅ Early exposure assets in the ecosystem
Risk reminder:
DeFi market volatility may affect connection volume and protocol revenue.
