WLFI Token Faces September Unlock – Can Burns Offset $483M in New Supply?
WLFI, the Trump-affiliated token from World Liberty Financial, remains under scrutiny after its high-profile debut. Initially trading above $0.30, the token's implied valuation briefly surpassed $30 billion before settling NEAR $4.3 billion amid sharp sell-offs.
The project has implemented supply management measures, including a buyback-and-burn program funded by transaction fees. Approximately 47 million WLFI tokens have been removed from circulation—a modest 0.2% of supply—signaling proactive but limited supply control.
Derivative markets reflect heightened activity, with futures open interest up 50% and daily volume spiking 400% at one point. This volatility coincides with an impending September unlock event, raising questions about market stability.