Trump Family’s WLFI Token Poised For Top 10 Crypto As $1B Derivatives Frenzy Erupts Ahead Of $483M Unlock, Binance And OKX Debuts
Open interest in the Trump family’s World Liberty Financial (WLFI) token exploded toward $1 billion ahead of a $483 million unlock and listing debuts on exchanges including Binance and OKX, with the token eyeing a potential top-10 crypto ranking Hours before the unlock, open interest in WLFI contracts hit $950 million, before cooling slightly to $797.88 million as of 3:03 a.m. EST, according to CoinGlass. Trading volume surged over 457% in the past 24 hours, topping $4.77 billion. The unlock follows a mid-July community vote to make presale WLFI tokens tradable. Previously restricted under compliance rules, tokens will now become transferable at 12 p.m. UTC today on Ethereum, Binance Smart Chain, and Solana. Major exchanges including Binance, OKX, Gate US, Kraken, KuCoin, and Upbit confirmed listings. Binance, the largest crypto exchange by volume, has already enabled deposits and will start withdrawals Tuesday, requiring a risk acknowledgment quiz under its “seed tag...