The trading volume of WLFI derivatives surged by 400% ahead of the first unlock event of World Liberty on Monday.

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The derivatives trading volume of WLFI has risen to the sky before World Liberty Financial, the DeFi project associated with Trump, unlocks its first token at 8 AM on Monday. Coinglass data shows that the WLFI derivatives volume in 24 hours has increased by over 400% to 3.13 billion USD, with open interest reaching 760 million USD. Binance is leading with 1.52 billion USD in volume and 360 million USD in open interest.

WLFI is listed at around 0.40 USD but is currently trading around 0.32 USD. If this price holds, the project will have a fully diluted valuation of over 31 billion USD, on par with Sui, Dogecoin, and Tron. The first unlock accounts for 5% of the total supply, including 20% of early sale tokens priced at 0.015–0.05 USD; the lowest round investors can expect about 20 times profit.

The Trump family holds 22.5 billion WLFI, worth over 7 billion USD at the current price, but it has not been unlocked, causing much political controversy.

WLFI2.19%
HAI1.24%
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