TWT Description
Overview
Trust Wallet (Trust Wallet Token) (TWT) is the native utility and governance token of Trust Wallet, a self-custody wallet application, issued as a BEP-20 token on BNB Chain (BEP-20).
Trust Wallet's mobile and browser-extension products support assets across more than 100 blockchains. TWT extends rewards, staking, and voting functions to users of that wallet rather than belonging to a separate on-chain protocol.
Value Proposition
Trust Wallet's distinguishing factor is scale of integration rather than novel token mechanics, operating across more than 100 blockchains. It has carried Binance's backing since being acquired in July 2018, reportedly Binance's first acquisition.
TWT ties this reach to holder-level rewards and voting rather than protocol fee capture. On-chain trading activity around the token totaled approximately $1.8 million in 24-hour volume, split across roughly 12,000 buy and 12,000 sell transactions, as of 2026-08-31.
Token Basics
TWT combines governance and utility functions rather than serving a single purpose.
- Governance: holders vote on in-app features, new blockchain network support, and other product-roadmap decisions, with voting weight scaling to the amount of TWT held.
- Staking: holders can stake TWT to earn rewards.
Tokenomics
TWT has a fixed total supply of approximately 999,778,750.9 tokens (roughly 1 billion), with no minting mechanism, making net emission non-inflationary.
- Circulating supply: approximately 416,649,900 TWT (as of 2026-08-31)
- Fully diluted valuation: approximately $525.5 million
- Market capitalization: approximately $219 million (as of 2026-08-31)
Launch & Funding
TWT launched in 2020 through a fair-launch/airdrop model, with no public token sale or external fundraising round.
Initial planned allocation was approximately 40% to user acquisition, 15% to the Trust Wallet community, 30% held in reserve, and 15% to developers, against an initial total supply of 100 billion tokens. On October 3, 2020, a burn removed 88,999,999,900 TWT, cutting total supply by about 99%.
Blockchain & Consensus
TWT is deployed on BNB Chain as a BEP-20 token; Trust Wallet does not operate its own blockchain or validator network for it.
Transaction settlement and finality for TWT depend entirely on BNB Chain's underlying network rather than any Trust Wallet-specific infrastructure.
Team
Trust Wallet was founded in 2017 by Viktor Radchenko, a software developer, as an independent self-custody mobile wallet.
Binance acquired Trust Wallet in July 2018, reportedly Binance's first acquisition. Radchenko served as CEO until stepping down in March 2022. Binance founder Changpeng Zhao (CZ) has publicly commented on TWT's tokenomics and roadmap as recently as around September 2025.
Issuing Organization
Trust Wallet operates today as a subsidiary/affiliate brand of Binance Holdings Ltd., which acquired it in July 2018, while continuing under its own brand identity.
Trust Wallet describes itself as a self-custody platform supporting millions of assets across more than 100 blockchains. Its official channels include trustwallet.com and the open-source repository github.com/trustwallet/wallet-core.
Governance
TWT functions as the governance token of a Trust Wallet DAO: holders vote on in-app features, product updates, and support for new blockchain networks.
Voting weight scales with the amount of TWT held, giving larger holders greater influence over these product-roadmap decisions. Holders can also stake TWT for rewards through the same ecosystem.
Roadmap
Trust Wallet published a litepaper outlining a six-month utility rollout for TWT beginning in Q4 2025, covering in-app discounts, staking rewards, and community voting features.
A further milestone is planned for April 2026, targeting expanded NFT and decentralized-services use cases. These plans followed public roadmap commentary from Binance founder Changpeng Zhao around September 2025.
Security
TWT's contract was audited by Callisto Network in December 2021, which found zero high- or medium-severity issues and one low-severity issue. CertiK's June 18, 2023 report covered 100% of the audited code and found one minor issue with no major issues.
- The top 10 holder addresses control about 80% of total supply, a structural concentration risk.
- On-chain DEX liquidity has been assessed as thin relative to market capitalization.
- A December 2025 Trust Wallet browser-extension breach caused an estimated $6-7 million in user losses; Changpeng Zhao said Trust Wallet/Binance would cover them.
Frequently Asked Questions
What is Trust Wallet Token (TWT)?
TWT is the native BEP-20 utility and governance token of Trust Wallet, a self-custody wallet app, issued on BNB Chain (BEP-20). Holders use TWT to vote on in-app features and new network support and to stake for rewards. Trust Wallet has operated as a Binance-affiliated brand since Binance acquired it in July 2018.
What blockchain is TWT built on?
TWT is issued as a BEP-20 token on BNB Chain (BEP-20). Trust Wallet does not run its own blockchain or validator network for the token; settlement relies entirely on BNB Chain's infrastructure. A non-primary derivative implementation also exists on Energi, but BNB Chain hosts the sole actively traded instance.
What is TWT's total supply, and is it inflationary?
TWT has a fixed total supply of approximately 999,778,750.9 tokens (about 1 billion), with no minting mechanism, making net emission non-inflationary. Circulating supply is approximately 416,649,900 TWT, market capitalization is about $219 million, and fully diluted valuation is about $525.5 million, as of 2026-08-31.
How did TWT launch?
TWT launched in 2020 via a fair-launch/airdrop, with no public sale or outside fundraising, at an initial supply of 100 billion tokens allocated roughly 40% to user acquisition, 15% to community, 30% to reserve, and 15% to developers. An October 3, 2020 burn removed 88,999,999,900 TWT, cutting supply about 99% to roughly 1 billion.
Who founded Trust Wallet, and who runs it now?
Trust Wallet was founded in 2017 by developer Viktor Radchenko, who served as CEO until stepping down in March 2022. Binance acquired Trust Wallet in July 2018, reportedly its first acquisition, and Trust Wallet continues to operate as a Binance-affiliated brand. Binance founder Changpeng Zhao has publicly commented on TWT's roadmap as recently as September 2025.
What can TWT holders do with the token?
TWT holders can vote through a Trust Wallet DAO on in-app features, product updates, and support for new blockchain networks, with voting weight scaling to holdings. Holders can also stake TWT to earn rewards, tying token ownership directly to product decisions rather than to a separate protocol's fee revenue.
Has TWT been audited, and what are its main risks?
TWT's contract was audited by Callisto Network in December 2021 and by CertiK in June 2023, both reporting no major issues. Key structural risks include high holder concentration, with the top 10 addresses holding about 80% of supply, and thin on-chain DEX liquidity relative to market capitalization.
What is planned for TWT in 2025-2026?
Trust Wallet published a litepaper outlining a six-month TWT utility rollout beginning Q4 2025, adding in-app discounts, staking rewards, and community voting features. A further milestone is planned for April 2026 to expand NFT and decentralized-services use cases, following September 2025 public roadmap comments from Binance founder Changpeng Zhao.
