Bubble
Trust Wallet TWT
Trust Wallet (TWT) was trading at $0.5307, ranked #163 by market cap at $221.17M, with 24h volume of $21.17M.
Data snapshot: 2026-09-02 12:15 UTC.
TWT is the token of Trust Wallet, the self-custody wallet Binance acquired in 2018 and one of the most widely installed mobile crypto wallets. The token is used for fee discounts and governance inside the wallet's own swap and staking features; it is not required to use the wallet itself, which remains free. TWT is the token of Trust Wallet, a self-custody mobile wallet with a very large user base, giving holders fee discounts and governance participation. The interesting tension is structural: a self-custody wallet's revenue comes largely from swap fees and integrations, and its users are by definition people who chose not to leave assets with a company. Monetising that without compromising the reason people chose it is genuinely difficult. On this map TWT is a small-cap infrastructure asset with real distribution behind it.
What is TWT for?
Fee discounts, governance participation and access to features within the Trust Wallet application.
How does a self-custody wallet earn revenue?
Mainly through swap fees and integrations, since it does not hold user funds and cannot earn on deposits the way a custodial service does.
Why is monetisation difficult?
Its users specifically chose not to trust a company with their assets. Revenue models that compromise that choice undermine the reason people use it.
Does a large user base guarantee token demand?
No. Distribution and token demand are different things, and the gap between them is common across consumer-facing crypto products.
Market cap decides how big a bubble is drawn, so rank is what places TWT on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #113 | Pump.fun (PUMP) | $823.56M |
| #161 | Ethereum Name Service (ENS) | $225.65M |
| #163 | Trust Wallet (TWT) | $221.17M |
| #261 | Basic Attention (BAT) | $102.12M |
| #322 | Safe (SAFE) | $75.94M |