WalletConnect
About
WalletConnect Token (WCT) is the native token of the WalletConnect Network, the onchain UX ecosystem that enables secure connections between wallets and decentralized applications. Founded in 2018, the network has facilitated over 220 million connections and become the backbone of web3 user experience infrastructure. WCT powers governance, staking, and UX innovation incentives. The token is stewarded by the WalletConnect Foundation and launched on OP Mainnet (Optimism).
Use Cases
Network governance, staking, UX incentives, node operator rewards
Technology
Categories
Source
Market Sentiment
No research result found as of 24 October 2026.
Report date: 2026-10-24
This is an analysis output, not investment advice.
+ Strengths
- +Most widely adopted wallet connection standard in web3 — millions of users
- +Strong ecosystem support: thousands of dApps and wallet integrations
- +Decentralized structure stewarded by WalletConnect Foundation
- +Low-cost transactions on OP Mainnet
- Weaknesses
- -Large portion of token supply still locked (~47% circulating)
- -Token price declined sharply post-launch (-97% from ATH)
- -Governance processes not yet fully decentralized
- -Increasing competition in wallet connectivity market
Team
WalletConnect Foundation (Director: Pedro Gomes, Founder of WalletConnect; CFO: Yessin Schiegg, former CFO of Near Foundation and board member at Ethereum Foundation). Development supported by Reow...
Launch
2025
Total Supply
1,000,000,000
Circulating Supply
469,507,000
Max Supply
1,000,000,000
