Both don't ship with their own Wayland compositor, but there are enough to choose from.
Xfce comes with a wayland session using labwc out of the box, but was also tested with Wayfire. The devs state you shouldn't hold your breath waiting for the native window manager xfwm to be ported into a Wayland compositor, since they don't know if/when it will be done. Almost all other Xfce components support Wayland now, while retaining X11 compatibility.
LXQt's newest stable release has full Wayland support, with 7 different Wayland compositors to choose from within a GUI settings menu: Labwc, KWin, Wayfire, Hyprland, Sway, River and Niri
https://xfce.org/about/news/?post=1734220800
https://lxqt-project.org/release/2024/11/05/release-lxqt-2-1-0/
I don't know if it's been updated recently, but take into account that LXQT doesn't support global shortcuts yet ☝️
It works well, but it's still missing features; as they say: it's experimental right now.
Openbox (LXQt's wm under Xorg) does support global shortcuts.
And labwc supports rc.xml so it should support global shortcuts as well.
Thanks for pointing that out. I think some are also supported in KWin:)
But its really hard to config, i dont know the codes or format
If you can't edit XML use nice GUI lxhotkey or obkey instead
thanks, will take a look