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WalletConnect (WCT): Bridging web3 beyond wallets and DApps

Intermediate
Altcoins
Explainers
Apr 23, 2025
3 min read
0

WalletConnect is an open source bridging protocol that facilitates secure connections between digital wallets and decentralized applications (DApps). With over 38 million unique active wallets and 57,000 supported apps, it’s getting noticed by the crypto community. In this article, we explore WalletConnect's features, its native token (WCT) and how you can trade WCT on Bybit.​

Key Takeaways:

  • WalletConnect enables seamless interactions between wallets and DApps, enhancing user experience in the decentralized space.

  • The WalletConnect Network uses node rewards to incentivize participants and ensure network stability.

  • WCT serves as WalletConnect’s utility and governance token, allowing users to stake, vote and participate in the network's growth.

What is WalletConnect?

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