Opening Day for $WLFI Marks A Step Forward In Yet Another Trump-backed Crypto Venture

1 September 2025 - 19:06 CEST

Tokens of the Trump family’s most recent crypto initiative began spot trading on Monday under the ticker $WLFI, moving from a week of pre-market derivatives into public markets.

$WLFI and USD1

Community members of World Liberty Financial (WLF), one of the Trump family’s crypto businesses, voted overwhelmingly in early July to make a tradable token of the project, with support from 99.94% of those polled.

World Liberty is the issuer of stablecoin USD1, which launched in April and is hosted by custodian BitGo. WLF chose Blockstreet as the stablecoin’s launchpad, who’s co-founder has said USD1 may become the most widely adopted stablecoin in the world by 2028, even surpassing Circle-issued USDC. USD1, as of 1 Sept, has a market cap of $2.68 billion, ranking as the 42nd largest cryptocurrency by market cap and the fifth-largest stablecoin, behind USDT, USDC, USDS, and DAI, according to CoinMarketCap and Kraken.

Spot trading launch

The token unlocked on Monday on major venues, including Binance, OKX, and MEXC. The Binance WLFI/USDT pair peaked at roughly 48 cents (USDT) at 13:00 UTC and traded at around 24 cents by 16:30 UTC, a little higher than its 20 cents opening price.

Derivatives

Derivatives of WLF began trading on Monday 23 August on Binance (pre-market WLFI/USDT perpetual futures) and later by OKX and other major exchanges, peaking at 55 cents (USDT) in the first hours and around 31 cents into this week. Sunday’s daily $WLFI derivative volumes reached 3.5 billion, up more than five-fold from 531 million the day before, according to CoinGlass data.