What is the current price of WalletConnect Token?
The current price of WalletConnect Token is $0.0354 with a 5.89% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
WCT is the token of the WalletConnect Network, the messaging infrastructure that lets a wallet and an application talk to each other after you scan a QR code or tap a connect button. WalletConnect has been the default way to link a self-custody wallet to a decentralized application since 2018, and WCT is the attempt to turn that widely used protocol into a network with its own rewards, staking and governance.
The token does three things: it funds rewards to network participants, it is staked to earn those rewards, and it carries governance weight. Staking and governance run on Optimism, which acts as the accounting layer, while the token itself is deployed across several chains.
Official sources:
The WalletConnect protocol launched in 2018 and became general infrastructure long before it had a token. The project's documentation reports more than 300 million connections for over 50 million users, across more than 700 wallets and 80,000 applications.
Stewardship is now split. The WalletConnect Foundation promotes adoption, manages grants and partnerships, and coordinates governance. Reown, the company behind the AppKit and WalletKit developer SDKs, collaborates with it on technical and administrative governance. The published plan moves responsibilities in phases to elected technical and partnerships councils, and eventually to token holder approval of budgets and council elections.
Service nodes These are database nodes forming the network's storage layer, operating on a consistent-hashing based distributed database. They hold encrypted messages in transit between a wallet and an application.
Gateway nodes These are the entry points for applications and SDKs. They handle encrypted communication and route data between wallets and applications.
Relay service The relay connects a user's wallet to a decentralized application. Messages are end to end encrypted, so the network moves ciphertext rather than readable payloads.
The network is currently permissioned. Service nodes are run by specific operators under service level agreements, and gateway nodes are centralized and managed by WalletConnect. The documentation presents this as a deliberate reliability choice for enterprise-grade wallets and applications, with permissionless operation set as a later governance milestone.
WCT is used for:
Staking uses perpetual positions with user-triggered unlocking. You choose an unlock duration up front, but the position stays fully locked and at full stake weight until you start unlocking, at which point weight decays linearly to zero over that duration. Stake weight is the staked amount multiplied by remaining lock time and divided by 209, with the maximum selectable unlock duration currently 104 weeks. Rewards are distributed pro rata to each staker's share of total stake weight.
Initial supply is 1 billion WCT, allocated 27 percent to the WalletConnect Foundation, 18.5 percent to airdrops, 18.5 percent to the team, 17.5 percent to rewards, 11.5 percent to previous backers and 7 percent to core development. Core development, team and backer allocations unlock over four years including a one year cliff from the token generation event.
The documentation states that the initial tokenomics design does not include inflation, that none is envisioned within the first three to four years, and that introducing an inflationary design would follow only a token holder vote.
Reading the contract adds an important qualification. The token at 0xeF4461891DfB3AC8572cCf7C794664A8DD927945 is an upgradeable proxy, and its implementation exposes a mint function gated by a designated minter role, plus burn, ERC20Permit approvals and ERC20Votes delegation. The absence of inflation is therefore a policy commitment enforced by governance and by who holds the minter role, not a ceiling enforced by code. That is a normal design for a network that may later fund rewards from issuance, but it should not be read as a hard cap.
Most infrastructure tokens are attached to protocols that still need to prove demand. WalletConnect is the opposite case: the connection layer was already load bearing across most of the wallet and application ecosystem before the token existed. The open question is not usage but whether usage can be converted into value flowing through a token, which is what WalletConnect Pay is meant to test.
The token is also genuinely chain-agnostic. The same address is deployed on Ethereum mainnet, Optimism and Base, each verified live, and a Solana mint exists at WCTk5xWdn5SYg56twGj32sUF3W4WFQ48ogezLBuYTBY with 9 decimals, no freeze authority, and mint authority held by a bridge program, the standard shape for native cross-chain transfer rather than wrapping.
Compared with permissionless relay networks, WalletConnect trades openness for reliability today and schedules decentralization as governance milestones. Compared with wallet-branded tokens, WCT sits at the protocol layer rather than behind a single product. Compared with governance tokens that only vote, it ties voting weight to locked stake, so influence costs liquidity.
Message privacy comes from end to end encryption, so relays route data they cannot read. Availability depends on the operators running service and gateway nodes under service level agreements, a contractual guarantee rather than a cryptoeconomic one.
Token-level controls are explicit in the deployment. An admin timelock, a manager timelock, a pauser contract and a protocol configuration contract all exist on Optimism, alongside the stake weight and reward distributor contracts. These give governance real power to intervene, and real power to be misused if key management fails.
WalletConnect is one of the few pieces of crypto infrastructure that almost every self-custody user has touched without thinking about it. WCT is the experiment in whether that kind of quiet, universal plumbing can be decentralized and made economically self-sustaining, and the outcome is informative well beyond this one token.
WCT trades on major centralized exchanges and on decentralized exchanges across the chains where it is deployed. Availability and pairs vary by jurisdiction, and because the same token exists on Ethereum, Optimism, Base and Solana, confirm the network before depositing or withdrawing.
WCT is often available on:
Common pairs include WCT/USDT and WCT/USD where supported.
Compare WCT with related ecosystems on Coinrithm:
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Read the complete paper trading guideThe current price of WalletConnect Token is $0.0354 with a 5.89% change in the last 24 hours.
The daily trading volume is $464,532 representing a 12.44% change in the past 24 hours.
The market capitalization of WalletConnect Token is $16,622,297, ranking #571 globally.
The fully diluted valuation (FDV) of WalletConnect Token is $35,403,691, calculated assuming the maximum supply of 1,000,000,000 WCT is in circulation.
Circulating: 469,507,457. Total: 1,000,000,000. Max: 1,000,000,000.
In the last 24 hours, WalletConnect Token traded between a low of $0.03336 and a high of $0.03614.
WCT/USDTTether USDT0.0354 USDT
