Compact spherical WC-12Co composite powder was deposited on 304 stainless steel substrate by multi-layer laser powder deposition (LPD) to fabricate cemented carbide coating. The phase constitution and microstructure of the coating as well as the feedstock powder were characterized. Microhardness and dry sliding wear tests were also performed to assess the mechanical properties of the coating. The results showed that the coating exhibited distinct microstructures and phase constitutions at different depths due to the various thermal cycles and the resulting heat damages of feedstock powders. The upper region of the coating (i.e. the wear resistant layer) exhibited bimodal microstructure in which the incompletely dissolved WC-Co composite particles preserved the original submicron sintered structure and secondary carbides were precipitated around them. Owing to the fine-grained strengthening of submicron WC grains in the undissolved areas, the microhardness of wear resistant layer was enhanced to 8 times that of the substrate. The wear rate of the cemented carbide coating was about three orders of magnitude lower than that of the substrate when dry sliding against Al2O3 ball under 10 N normal load. The bimodal structure of the wear resistant layer and the synergistic enhancement of differently sized carbides are the key factors for the excellent wear resistance of the coating.