WLFI Token Surpasses $7.5 Billion Derivatives Volume in Secondary Market Debut
Key Insights:
- WLFI launched on decentralized exchanges at 8:00 AM ET with an opening price of $0.28.
- The derivatives volume reached $7.5 billion within one hour, ranking as the fifth-largest perpetual by volume.
- The token was not initially planned for secondary trading until the approval of a governance proposal was obtained.
World Liberty Financial’s WLFI token experienced significant trading activity across both decentralized and centralized platforms following its secondary market launch on Sept. 1.
The token surpassed $7.5 billion in derivatives volume and reached $933 million in open interest (OI) within an hour after going live.
Explosive Launch Metrics
WLFI launched at 8:00 AM ET on decentralized exchanges and 9:00 AM ET on most major centralized platforms with an opening price of $0.28.
The token briefly spiked to $0.33 before settling at $0.2735 by 10 AM ET, representing...
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