Trust Wallet TokenTWT

The loyalty and fee-discount token of Trust Wallet, a self-custody wallet app owned by Changpeng Zhao.

Rank #187Since 2020

Price on 31 Oct 2026

C$0.5891 +6.6% since 31 Jul 2026 · 84.2% below its all-time high

The short version

TWT is the loyalty token of Trust Wallet, a self-custody wallet app founded in 2017, acquired by Binance in 2018 and now owned by Binance founder Changpeng Zhao. Holders get fee discounts, airdrops and votes on community topics; the supply was fixed at 1 billion by a burn on 3 Oct 2020. A malicious Chrome-extension update on 24 Dec 2025 drained about US$7M from 2,596 wallets, which Trust Wallet said it would refund. On 31 Oct 2026 one TWT cost C$0.5891. From 31 Jul 2026 to 31 Oct 2026 its price changed +6.6% in Canadian dollars, and it was 84.2% below its all-time high of C$3.72 set on 11 Dec 2022.^[1]

Facts checked 2 Nov 2026 · 10 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$1.83 (11 Nov 2025) · low C$0.4673 (25 Jul 2026) · -66.4%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.5884	US$0.4215
30 Sep 2026	C$0.8504	US$0.5974
31 Aug 2026	C$0.6433	US$0.4639
31 Jul 2026	C$0.5522	US$0.3936
30 Jun 2026	C$0.5015	US$0.3529
31 May 2026	C$0.6334	US$0.4591
30 Apr 2026	C$0.5853	US$0.4296
31 Mar 2026	C$0.5868	US$0.4209
28 Feb 2026	C$0.6985	US$0.5120
31 Jan 2026	C$1.11	US$0.8184
31 Dec 2025	C$1.19	US$0.8717
30 Nov 2025	C$1.42	US$1.01

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.5891^[1]
3-month change: +6.6% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 84.2% below its high of C$3.72 (11 Dec 2022)^[1]
Market rank: #187, market value about C$245.4M^[1]
Kind: Token · BNB Smart Chain (BEP-20)
Started: 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo mint function in the contract (GoPlus and litepaper); supply fixed at 1B^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function (GoPlus, 2 Nov 2026)^[3]

Can the token's contract code be changed?NoFixed contract code on BNB Chain, not a proxy^[4]

Is the supply capped?Yes1 billion, fixed by the contract after the Oct 2020 burn^{[2, 3]}

Any scheduled unlocks in the next 12 months?Not disclosedNo schedule published for the 58% held by Trust Wallet^[2]

Does a team or foundation hold over 10% of supply?YesAbout 58% of supply has never circulated and sits with Trust Wallet^{[2, 1]}

Do network fees reach coin holders?NoTWT gives discounts and rewards; app fees stay with Trust Wallet^{[2, 5]}

Main network hacked or halted in the past 2 years?NoThe token contract was not exploited; the Dec 2025 breach hit the wallet's Chrome extension^{[6, 7]}

Is a regulator or court case targeting the coin itself?NoNo regulator or court case naming TWT or Trust Wallet found^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Trust Wallet, founded by Viktor Radchenko in 2017, acquired by Binance in Jul 2018, now owned by Changpeng Zhao; CEO Eowyn Chen^[8]
Issuer holdings: About 583M TWT (58% of supply) has never circulated and is reserved by Trust Wallet for growth, liquidity, partnerships and team^{[2, 1]}
Admin key: A contract owner exists but there is no mint, pause or blacklist function (GoPlus, 2 Nov 2026)^[3]

Supply

In circulation: 416.65M TWT of 1.00B in total (41.7%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 2.40 times its current market value^[1]
Maximum: 1 billion after the burn of 88,999,999,900 TWT on 3 Oct 2020; about 416.6M circulate^{[2, 1]}
Unlocks: No published schedule for the reserved 58%; releases come through airdrops and programs^[2]

Use and fees

Main use: Fee discounts on swaps and fiat purchases, airdrops and reward boosts inside Trust Wallet; votes on community topics only^[2]
Issuer revenue: DefiLlama counts US$4.6M of Trust Wallet app fees in the past year; none is paid to TWT holders^[5]

Trading

Daily trading: About C$12.5M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 3.61% of its market value changes hands each day^[1]
20-week average: 5.2% below its 20-week average price^[1]
1-year change: -67.1% in C$^[1]^[9]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[10]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: Trust Wallet, the issuer, holds about 58% of TWT supply: about 583M tokens that have never circulated.^{[2, 1, 3]}

A malicious Chrome-extension update (v2.68.0) released on 24 Dec 2025 drained about US$7M from 2,596 wallets; Trust Wallet promised refunds.^[6]
The TWT litepaper, updated 17 Jul 2026, says holding TWT gives no voting rights in Trust Wallet or any affiliate.^[2]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.