Daily close and perpetual volume across tracked exchanges
Every time a wallet connects to a dapp by scanning a QR code, there is a good chance WalletConnect handles the link. The open protocol is widely used by wallets and apps across many chains. WCT is the token of the WalletConnect Network, used for staking, rewards and governance. Perps let traders take leveraged positions on wallet connectivity as a piece of crypto infrastructure, or hedge staked WCT.
WCT first launched on Optimism and has since expanded to other chains, so integrations and staking participation are the network-specific drivers. Supply unlocks for the foundation, team and early backers matter for a token this young. Perp volume leans heavily on BingX, with Binance second, while open interest is split more evenly between them. Thin books make funding readings noisy, so compare venues on the funding rates page.
WCT funding rates WCT open interest WCT liquidations WCT long/short ratio
Every tracked WCT perpetual market
| # | Exchange | Price | 24h | Volume 24h | Open interest | OI 24h | Funding 8h | L/S | Liq. 24h | ±1% depth | Trade |
|---|
Share of total · 24h change
Last 24h · long vs short
Last 4h · buy share of taker volume
Live answers use data from every tracked WCT perpetual markets · updated
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WalletConnect is an open-source protocol that lets crypto wallets connect securely to decentralised apps, usually by scanning a QR code or tapping a deep link. It works across many chains and wallets. The WalletConnect Network decentralises the relay infrastructure behind those connections, and WCT is its token.
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WCT is used for staking, governance and rewards across the WalletConnect Network. Node operators and stakers earn rewards for supporting the network, and holders vote on how it develops. Staked tokens are locked for a chosen period, which reduces liquid supply.
No. Wallet users connect to apps through WalletConnect without holding WCT. The token is used by the network's stakers, node operators and governance participants, so its value depends on how the network captures value from that usage over time.
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New wallet and app integrations, staking participation, token unlocks and exchange listings drive WCT's bigger moves. As a recently launched infrastructure token, it also reacts to broader altcoin risk appetite. Large swings in open interest around these events show when leverage is building.
WCT perpetual futures are derivatives contracts that track the price of WCT and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any WCT.
Funding is a payment between longs and shorts. When WCT perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.
Compare venues, fees and features on the best perpetual exchanges page.
Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.
Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology