#WalletConnect The WalletConnect Token (WCT) is the native utility token of the WalletConnect ecosystem, designed to facilitate secure and seamless communication between decentralized applications (dApps) and crypto wallets. It plays a crucial role in the Web3 space by enabling users to interact with dApps without exposing their private keys.
WCT is an ERC-20 token deployed on the Optimism network, with a total supply of 1 billion tokens. Its primary use cases revolve around governance, allowing holders to participate in crucial decisions regarding protocol upgrades, fee structures, and the overall future direction of the WalletConnect network. Additionally, WCT is used to incentivize developers and users, and to support the decentralized infrastructure.
Binance officially listed WCT on April 15, 2025, after a successful Launchpool event where users could farm WCT by staking BNB, FDUSD, or USDC. This listing significantly increased the token's visibility and accessibility. Binance also supports WCT on various other features, including Simple Earn, Buy Crypto, Convert, Margin, and Futures trading, offering multiple avenues for users to engage with the token. As a foundational layer for Web3 connectivity, WCT holds significant potential within the evolving decentralized landscape.