WalletConnect (WCT)

WalletConnect Network aims to become a decentralized UX platform that facilitates secure and reliable connections across wallets and applications, promoting interoperability, connectivity, standardization, and consensus.

Whitepaper

Onepager

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Interest lvl

High

Updated: Apr 10, 2025

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User Rating

High

3.7/5 • 3 votes

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Ticker

WCT

Type

Utility-token

Token standard

ERC-20

Registration year2018

Launchpads

Coinlist Binance

Ecosystems

Ethereum

What is WalletConnect

The WalletConnect Network is the onchain UX ecosystem that makes web3 work by facilitating users' use of any wallet across any app and platform. As a chain-agnostic infrastructure, it operates across ecosystems from EVM and its L2s, to Solana, Cosmos, Polkadot, Bitcoin and more. The Network has played a crucial role in installing many of web3's UX standards, fostering today's composable and interoperable web3 ecosystem.

Key milestones include:

• Expansion to over 40,000 applications and 600+ wallets
• Facilitation of more than 150 million connections as of 2024
• Consistent growth in daily remote connections, evidencing widespread adoption
• Transition to a permissioned decentralized database supported by third-party node operators

The next chapter for WalletConnect is the decentralization of the Network, providing for continued resilience, privacy, and censorship-resistance. This evolution will be governed by the WalletConnect Token (WCT), aligning web3's incentives towards prioritizing UX.