WalletConnect is an open-source protocol that makes it easy and secure for cryptocurrency wallets to connect with decentralized applications (dApps) across multiple blockchains. Launched in 2018, it has grown to become one of the most widely used tools in the Web3 ecosystem, powering millions of connections between wallets and apps every day.
What is WalletConnect?
At its core, WalletConnect acts as a bridge. Instead of manually transferring keys or signing transactions in a complicated way, users can simply scan a QR code or click a deep link to connect their wallet to a dApp. Everything is end-to-end encrypted, meaning your private keys never leave your wallet. The protocol ensures both convenience and security, which is why it has become a staple for Web3 users.
WalletConnect by the Numbers
Here’s a snapshot of WalletConnect’s reach:
Wallets Supported: Over 600
dApps Connected: 65,000+
Total Connections Made: 300 million+
Unique Users: Around 47.5 million
These numbers highlight just how central WalletConnect has become in connecting users to the decentralized internet.
How It Works
WalletConnect is often described as a “narrow waist” protocol. That means it provides a simple, standardized layer of communication between wallets and dApps.
Here’s how it works:
You open a dApp and select WalletConnect as the connection option.
Scan the QR code or click a deep link from your wallet.
A secure session is established. The dApp can now request actions like signing transactions or messages, but it never has access to your private keys.
This makes interactions with dApps seamless and secure, even across different blockchain networks.
Multi-Chain Support
WalletConnect didn’t just stick to Ethereum. Today, it works across several blockchains, including:
Ethereum
Optimism
Solana
Base (coming soon)
This cross-chain compatibility allows users to interact with a wide range of dApps without worrying about network limitations.
The WCT Token
The WalletConnect Network also has its own token: WCT. This token is used for:
Governance – letting the community vote on protocol decisions
Staking – securing the network and rewarding validators
Rewards – incentivizing active participation
Transaction Fees – facilitating smooth operations within the network
With a total supply capped at 1 billion tokens, WCT helps grow and maintain the ecosystem sustainably.
Tools for Developers
WalletConnect also offers APIs to help developers build better dApps:
Sign API – request signatures from wallets
Notify API – send notifications for on-chain and off-chain events
Chat API – enable secure messaging between wallets
Core API – provides foundational modules shared across other APIs
These tools make it easier for developers to create secure, interactive experiences for users.
Looking Ahead
The future of WalletConnect looks bright. With ongoing expansions across multiple blockchains and the upcoming Base integration, WalletConnect continues to enhance cross-chain interoperability and user experience. Its growing user base and developer-friendly tools make it a cornerstone of the Web3 ecosystem, shaping the way we interact with decentralized finance and applications.
Learn More
For updates, developer resources, and more information, check out the official website: walletconnect.network
WalletConnect is more than just a connection tool—it’s a bridge to the decentralized future. By making wallet-to-dApp interactions secure, simple, and scalable, it’s helping millions of users navigate Web3 with confidence.