Editor's PiCK

World Liberty Financial surges on spot listing

Source
Son Min

Summary

  • Reported that World Liberty Financial (WLFI) tokens showed a 50% increase on Binance compared to the listing price following a spot listing.
  • Open interest ahead of the listing surged 45% to 887,000,000 dollars, and trading volume also rose 535% to 4,540,000,000 dollars.
  • Reported that after listing, circulating supply was 24,670,000,000 units and total supply was 100,000,000,000 units.

Trading of World Liberty Financial (WLFI) tokens, a decentralized finance (DeFi) project of U.S. President Donald Trump's family, has begun and is drawing market attention.

On the 1st (local time) at 22:00 (KST), trading of WLFI began on global virtual asset (cryptocurrency) exchange Binance and is showing an upward trend. On Binance's USDT market, WLFI traded at 0.3 dollars, up 50% from the listing price. On Upbit, it traded at 445 won, up 14% from the listing price.

WLFI drew strong interest even before listing. According to Glassnode data, World Liberty Financial's open interest ahead of the listing reached 887,000,000 dollars, a 45% surge from the previous day. Trading volume jumped 535% from the previous day, recording 4,540,000,000 dollars.

Meanwhile, circulating supply after listing was reported as 24,670,000,000 units. Total supply is 100,000,000,000 units.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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