Now Live: WCTUSDT Perpetual Swap Listings With Up to 50x Leverage
A new perp listing for WCT (WalletConnect Token) – WCTUSDT – is now available to trade on BitMEX, with up to 50x leverage.
Trading started here at 04:00 UTC on 22 Apr 2025.
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WCTUSDT Contract Specs
WCTUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the WalletConnect token and trade it with leverage, without needing to have any WalletConnect holdings.
Key contract details for our WalletConnect token listing:
- Symbol: WCTUSDT
- Margin Currency: USDT
- Contract Size: 0.01 WCT
- Lot Size: 100
- Minimum Trade Amount: 1 WCT
- Underlying: .BWCTT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the WCTUSDT perpetual contract here, or refer to the full contract specs here.
About WCT, the WalletConnect Token
WalletConnect Token (WCT) fuels the on-chain UX ecosystem, a foundational communication layer for web3 that establishes secure connections between users and a vast universe of decentralized applications (dApps). This open and decentralized network acts as a critical bridge, enabling seamless and user-friendly interactions across more than 300 different blockchain networks. With over 15 million active monthly connections, WalletConnect has become an indispensable infrastructure component, facilitating the flow of value and information within the decentralized space. Its remarkable growth, exceeding 240% in the past year, underscores its pivotal role in the Web3 landscape, supporting the transfer of over $2 trillion in digital assets.
The WCT is integral to the continued development and decentralization of the WalletConnect ecosystem. It serves to incentivize participation, reward contributors, and potentially govern the future evolution of the network. By introducing a native token, WalletConnect aims to further empower its community and ensure the long-term sustainability and resilience of its crucial communication infrastructure. This move towards tokenization aligns with the broader ethos of web3, fostering greater user ownership and control over the technologies that underpin the decentralized internet.
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