WalletConnect Token (WCT) – Project Overview and Latest Updates

WalletConnect Token (WCT) is the native token of the WalletConnect protocol, an open-source network that facilitates seamless and secure connections between cryptocurrency wallets and decentralized applications . The token plays a pivotal role in decentralizing the protocol's infrastructure and in centivizing user participation.

🔹 Recent Developments

Binance Launchpool Integration: In April 2025, WCT was introduced as the 67th project on Binance Launch pool. Users had the opportunity to farm WCT by staking BNB, FDUSD, or USDC from April 11 to April 14, 2025. A total of 40 million WCT tokens (4% of the total supply) were allocated for this initiative.

Exchange Listings: Following its Launchpool debut, WCT was listed on Binance on April 15, 2025, with trading pairs including USDT, USDC, BNB, FDUSD, and TRY.

Token Distribution: At launch, WCT had a circulating supply of 186.2 million tokens, representing 18.62% of its total 1 billion token supply. An additional 10 million WCT tokens were earmarked for a "Learn & Earn" campaign, aiming to educate users about the protocol while rewarding participation.

📈 Market Performance

As of May 27, 2025, WCT is trading at approximately $0.722955 USD, with a 24 hour trading volume of over $106 million. The token has experienced significant volatility, rebounding over 100% after an initial post-airdrop dip, driven by increased demand and Upcoming listings on Korean exchanges.

🌐 Project Vision

WalletConnect aims to decentralize its protocol by leveraging WCT as a governance and utility token. The token incentivizes user engagement, supports staking mechanisms, and facilitates governance participation, aligning with the project's goal of creating a more decentralized and user-driven ecosystem.

For more detailed information and updates, you can visit the official WalletConnect website or follow their announcements on Binance's platform.