1.46M
6.67M
2025-08-23 14:00:00 ~ 2025-09-01 12:30:00
2025-09-01 14:00:00 ~ 2025-09-01 18:00:00
Total supply100.00B
Resources
Introduction
World Liberty Financial, Inc. is inspired by Donald J. Trump’s vision to pioneer a new era of Decentralized Finance (DeFi), with a mission to democratize financial opportunities and strengthen the US Dollar’s global status through US dollar-based stablecoins and DeFi applications.
Foresight News reported that Justin Sun posted on Twitter, calling for WLFi to publicly disclose the EOA account managing the WLFI smart contract as well as the real identities of the 3/5 multi-signature wallet controllers. He stated that currently, a single individual has the unilateral power to freeze any token holder’s assets. Although withdrawing these assets requires a multi-signature vote with the agreement of 3 out of 5 people, freezing only needs one signature. “Let me make it clear what this architecture means: community governance and voting are meaningless. Every proposal, every vote, every claim about decentralized decision-making is nothing but a show. The real power—to freeze assets, transfer funds, and control the protocol—is in the hands of an anonymous EOA and a 3-out-of-5 multi-signature mechanism accountable to no one. The entire governance framework has been hollowed out from within.”
The escalating conflict between WLFI’s team and Tron founder Justin Sun has moved beyond online disputes and is now poised to become a full-blown legal battle. Tensions flared after WLFI’s massive collateral transaction and large loan on the DeFi platform Dolomite brought their disagreements sharply into the spotlight. Showdown in court From partnership to rivalry Showdown in court The WLFI development team directly addressed Sun via the social platform X, referencing their contracts and evidence. In a clear message, they claimed to possess documents proving their side of the story and announced the dispute would be settled before a judge. This dramatic turn of events followed Sun’s recent accusation that WLFI’s team had misused user funds for their own benefit. Sun criticized WLFI for using 5 billion WLFI tokens as collateral on Dolomite to borrow approximately $75 million in stablecoins, alleging they treated the crypto community like a personal ATM. In the past, Sun has also made headlines after tokens linked to the WLFI project were frozen. While WLFI accused Sun of attempting to offload those tokens rapidly, blockchain data reportedly failed to substantiate their claims. Meanwhile, Sun publicly demanded WLFI’s official account reveal the identities of those in charge. From partnership to rivalry Justin Sun, a well-known figure in the crypto world, is recognized for founding the Tron ecosystem and supporting numerous decentralized finance projects. WLFI, meanwhile, has emerged as a noteworthy DeFi platform, attracting attention in recent years, especially after Sun’s involvement helped reinvigorate their previously slow-moving project. The current dispute marks a key turning point for both parties. Back in 2023, at the Consensus event in Hong Kong, WLFI publicly praised Sun’s efforts and highlighted his significant impact on the platform’s growth. WLFI co-founder Zak Folkman had remarked in previous statements that Sun’s vision represented a big step forward for the crypto community. However, a partnership once built on collaboration has now evolved into a public conflict marked by sharp accusations. The rift is not limited to financial disagreements between companies; it also reflects deeper communication and trust issues within the broader decentralized finance community. Both Justin Sun and the WLFI team continue to air their allegations and counterclaims across social media. Their high-profile conflict serves as a telling example of the clashes that can erupt among major investors and crypto projects. Amid ongoing tensions, the outcome of the legal process remains unclear. Whether the dispute will lead to a resolution or deepen the divide awaits determination.
BlockBeats News, April 13th: In response to Justin Sun's earlier post accusing the WLFI token of deploying a backdoor to arbitrarily freeze holders' tokens, the WLFI team has responded: There is evidence to show that Justin Sun's claims are not true, and are a public smear and rumor; WLFI will take legal action and present the official holding contract and evidence in court against Justin Sun.
Foresight News reports that risk management firm Chaos Labs posted on Twitter stating that the Trump family's crypto project WLFI has seen a rapid expansion in lending activity on Dolomite, pushing WLFI's collateral utilization rate close to its upper limit (5.1 billion tokens nearly exhausted), mainly concentrated in two multisig addresses. Of these, around 3 billion WLFI have been collateralized to borrow approximately 40.7 million USD1, while another address has built a circular collateral structure using USD1 and USDC, with a liquidation threshold corresponding to a roughly 75% drop in WLFI price. Currently, USD1 utilization rate is 83.4%, USDC is at 90.19%, and lending interest rates are about 5%. Taking into account WLFI rewards gained through Merkl, the supply rate is 10.64% (this campaign will end within 3 days). Meanwhile, WLFI collateral exceeds the tradable volume on a certain exchange by 4 times, and only 20% of the tokens are unlocked, with the rest expected to have their release schedule decided in mid-April. Following the incident, the team has repaid roughly 10 million USD1 and indicated they can provide additional collateral. At present, the team accounts for 82.7% of Dolomite's TVL and 85.3% of lending, with on-chain funds highly concentrated and purposes of the structure remaining unclear.
12:00 (UTC+8)-21:00 Keywords: Polymarket, Trump, WLFI CEO, Robinhood1. All members of the US negotiating delegation have left Pakistan.2. Trump: The US Navy will begin implementing a blockade of the Strait of Hormuz.3. Some Polymarket prediction market links have been removed after being embedded in Google News search results.4. WLFI CEO: The author of the satirical article is not related to the WLFI team, and the content is inconsistent with the basic facts.5. Robinhood has proactively restricted some prediction market products due to concerns about market manipulation and insider trading risks.6. Bittensor co-founder accuses Covenant AI founder of betraying the community and plans to introduce a “locked staking” mechanism to strengthen governance.
World Liberty Financial (WLFI), a decentralized finance platform widely recognized for its connections to Donald Trump, has just lost one of its most influential backers. Following a $75 million loan obtained using its own tokens as collateral, renowned crypto entrepreneur Justin Sun cut ties with the project, sharply criticizing its investor policy. Justin Sun’s criticism and split from WLFI Governance disputes and token wallet controversy Justin Sun’s criticism and split from WLFI At the start of last year, Justin Sun had provided a much-needed boost to WLFI by purchasing $30 million worth of tokens during its launch, hoping to offset the project’s initial lack of attention. However, tensions mounted over time due to the way WLFI’s team charged fees to investors, prompting Sun’s exit. Taking to X (formerly Twitter), Sun alleged that the WLFI team was treating its users like a “personal bank,” unfairly profiting from them. His comments came shortly after World Liberty Financial borrowed roughly $75 million in stablecoins from the DeFi platform Dolomite, putting up 5 billion WLFI tokens as collateral. “It is unacceptable for the WLFI team to collect commissions from users’ liquidity and treat the crypto community as their personal ATM,” explained Justin Sun in his public statement. This move tied most of Dolomite’s liquidity to WLFI collateral. In the early hours after the transaction, usage in the platform’s USD1 pool hit 100%, temporarily blocking investors from accessing their funds. By the week’s end, usage had retreated to 82%, with $158 million borrowed out of a total supply of $193 million. Governance disputes and token wallet controversy The controversy deepened due to the dual role played by Dolomite’s co-founder Corey Caplan, who also serves as an advisor for WLFI. On-chain data suggested Caplan was effectively acting as a de facto CTO. Dolomite responded to the situation by raising the supply cap for WLFI investments on its platform to 5.1 billion tokens. In September 2023, WLFI’s team froze 595 million tokens found in Justin Sun’s wallet. At the time, these tokens, which belonged to Sun—founder of Tron—were worth approximately $107 million. The company explained that the freeze targeted 272 wallets allegedly involved in phishing attacks, stating the action aimed to protect users. Justin Sun characterized this intervention as the “original sin” of the company. He asserted that blacklisting a personal wallet contradicts basic investor rights and runs contrary to the principles of justice within the blockchain industry. Sun further accused WLFI of unfair and opaque voting processes, claiming major shareholders were left uninformed about critical decisions whose outcomes were predetermined. In his remarks, Sun directed his criticism solely at WLFI’s management team. He reiterated his ongoing support for Donald Trump’s pro-crypto stance but made it clear that his objections focused on “bad actors within WLFI.” WLFI co-founder Zak Folkman has so far declined to comment, and no official statement has come from the company’s side regarding the recent developments. According to the latest market data, WLFI tokens are now trading at $0.079—a weekly drop of 18% in value.
Odaily reports that Justin Sun posted on X: "I have always been a staunch supporter of President Trump and his crypto-friendly policies. As an early backer of World Liberty Financial, I invested a significant amount of capital during the project's initial phase because I believed in the vision presented to the public: a DeFi platform promoting financial freedom, removing intermediaries, and bringing the benefits of decentralized finance to ordinary people. However, what was never disclosed to me or any investor was that World Liberty had embedded a backdoor blacklist function within the smart contract of the WLFI token. This function grants the company unilateral power to freeze, restrict, or even substantially confiscate any token holder's property rights, without notice, reason, or any means of recourse. This is the antithesis of decentralization. It is a trap disguised as an open door. I hereby condemn the ongoing token scandal created by malicious actors within WLFI. I am the first and largest victim—back in 2025, my WLFI token wallet was illegally blacklisted, a move that violated basic investor rights and the principles of fairness inherent to blockchain. Every action taken by the WLFI team—from extracting fees from users, secretly embedding backdoors to control user assets, freezing investor funds without disclosure or due process, and treating the crypto community as a personal ATM—all these practices are improper and were never authorized through any fair, transparent, or good faith community governance procedures. The governance votes cited to justify the above actions were not conducted through fair or transparent processes. Key information was concealed from voters, meaningful participation was restricted, and outcomes were predetermined. These votes do not represent the will of the community—they represent the will of those who designed them. I have no association with these actions. Nor do the investors who believed in the promises of this project. We strongly oppose each of these actions. The conduct of the WLFI team is corroding the community’s trust in the project. Unlock the tokens, maintain transparency with the community. Let us build with integrity, not misconduct."
BlockBeats News, April 12 — In response to recent articles about WLFI published by Peter Girnus, who claimed to be a WLFI Web3 ambassador and sparked community discussions, WLFI stated, "After verification, the author is not a member of the WLFI team and has no connection with WLFI." WLFI CEO Zach Witkoff also publicly responded under the related tweet, saying, "Peter Girnus lacks understanding of basic facts. Clarification as follows: · World Liberty and the meme coin TRUMP have absolutely no relationship; · World Liberty has no connection with Fight Fight Fight or CIC Digital; · Our early holders bought in at $0.015 and $0.05, and the current price is $0.08; · Trading fees are not our main source of revenue; our core product is a stablecoin, and its yield comes from treasury assets. By trading volume and market capitalization, our stablecoin is the second largest GENIUS-standard stablecoin."
According to ChainCatcher, WLFI CEO Zach Witkoff responded on X to a recently circulated article on the platform, which was allegedly written by a “WLFI Web3 Ambassador” and contained doubts about WLFI. After verification, the author of the article is not a member of the WLFI team and has no connection to WLFI. Zach Witkoff stated: 1. The article equates WLFI with the Trump Meme Coin, but they are completely unrelated; 2. WLFI has no connection with “fight fight fight” or CIC CIC digital; 3. Early holders of WIFI bought in at prices of $0.015 and $0.05, and today’s price is $0.08; 4. WIFI does not use “transaction fees” as its main product. The main product of WIFI is stablecoins, which generate income by holding government bonds. Based on trading volume and market capitalization, WIFI’s stablecoin is the second largest compliant stablecoin. Zach Witkoff also responded: “More thorough research should be done before writing a long thread.”
Odaily reported that, in response to recent concentrated doubts on Platform X regarding the WLFI project, WLFI co-founder Zach Witkoff responded in a post: "You lack a basic understanding of the facts here. There’s too much to rebut, so let me start with a few basic facts: 1. You are conflating the WLFI project with the Trump meme coin—they are completely unrelated; 2. WLFI has no connection whatsoever with 'fight fight fight' or CIC Digital Company; 3. Our early holders bought in at $0.015 and $0.05, and today's price is $0.08; 4. Transaction fees are not our core product; our main product is a stablecoin that generates yield by holding government bonds. Our stablecoin is the second largest compliant stablecoin by trading volume and market cap, which is no small achievement. Before writing a long thread, you should try to do a bit more research."
United States President Donald Trump is facing renewed scrutiny, as crypto tokens and projects promoted by the US president crash to all-time lows or sit near record low levels. The Official Trump token (TRUMP), a memecoin promoted by Trump, hit an all-time low of about $2.73 in March 2026 and is currently trading at about $2.86, according to data from CoinGecko. The TRUMP memecoin has plummeted in price since launching in January 2025. Source: CoinGecko World Liberty Financial (WLFI), a decentralized finance (DeFi) platform co-founded by Trump’s sons, also issued a governance token, which crashed to an all-time low on Saturday, falling to just $0.07. WLFI is down by nearly 75% from its all-time high of about $0.31 reached in September 2025, while the TRUMP memecoin is down by about 90% since its all-time high of over $73 reached in January 2025. The WLFI token has crashed by nearly 75% since the all-time high reached in September 2025. Source: CoinMarketCap “We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible,” Professor Tonya Evans said in response to the plummeting token prices. She added: “But, turns out, it was the guy who surrounds himself with sycophants, siphons every bit of value he can for himself, and then expeditiously bankrupts companies and casinos without consequence.” President Trump also announced another gala for token holders, scheduled to take place on April 25, fueling renewed scrutiny from US Democratic lawmakers, who have accused Trump of influence peddling by giving token holders access to him. Related: Trump memecoin whales pile in ahead of Mar-a-Lago gala US lawmakers send letter to Trump memecoin creator Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff recently sent a letter to Bill Zanker, the individual who launched the Trump memecoin, requesting details on the purpose of the planned Trump memecoin gala in April. The organizers of the event are “dangling access” to Trump, the lawmakers said, according to Politico, which obtained a copy of the letter. Trump and his family members stand to benefit from increased sales of the Trump memecoin; attendees are required to hold TRUMP tokens to gain access to the event, the Senators said. Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
According to Odaily, on-chain analyst Yu Jin has reported that after WLFI repaid a loan of 25 million USD1 on Dolomite, the available liquidity of USD1 on Dolomite has now recovered to 35 million USD. The deposit interest rate for USD1 on Dolomite has returned to 10.43%, which is slightly higher than USDC at 9.07% and USDT at 7.74%. Currently, WLFI still has loans totaling 162 million USD on Dolomite, including 152 million USD1 and 10.31 million USDC, backed by 4.99 billion WLFI as collateral, valued at 402 million USD.
Back to the list Why Is Trump Backed WLFI Token Price Dumping Today (10th April)? coingape.com 11 m The Trump family-backed World Liberty Financial ($WLFI) price tumbled sharply over the past 24 hours despite broader crypto market gains. The token dropped 10% to $0.0818, extending weekly and monthly losses significantly. Latest news Bitcoin Price Prediction: $358M ETF Surge Drives BTC Into Channel Resistance As Ceasefire Hangs In Balance coinedition.com 14 m Only 0.03% of XRP supply is vulnerable to quantum threats finbold.com 16 m Justin Sun’s blacklisted WLFI has lost $70M protos.com 17 m Over 20,000 Bitcoin millionaires lost in Q1 2026 finbold.com 19 m ASI Alliance and Matterhorn partner to introduce AI-driven dApp development with built-in security finbold.com 20 m White House warns staff as Iran bets add to growing insider trading concerns cointelegraph.com 22 m Top 5 Cryptocurrencies
WLFI's market capitalization decreased by 427 million USD due to DeFi lending and a token unlocking proposal.
World Liberty Financial (WLFI) has fired back at critics questioning its massive lending position on Dolomite, calling the concerns wrong and framing its role as the protocols anchor borrower. In its rebuttal, the Trump family-backed project insisted it faces no liquidation risk and can supply additional collateral at any time. WLFIs Response vs. the On-Chain Record WLFIs statement revealed several previously undisclosed figures. The project said its USD1 stablecoin now has an annualized revenue run rate of $159.5 million. It also confirmed repurchasing 435.3 million WLFI tokens at an average price of $0.1507 over six months. That totals $65.58 million in open-market buybacks. However, on-chain records tell a broader story. Data tracked by Arkham shows the treasury pledged approximately 5 billion WLFI tokens on Dolomite and borrowed roughly $75 million in stablecoins. More than $40 million of that moved to Coinbase Prime wallets, suggesting fiat conversion or over-the-counter activity. By being the anchor borrower, were generating the yield that makes WLFI Markets compelling for everyone else, wrote World Liberty Financial in a post. What Depositors Face The borrowing pushed Dolomites USD1 pool utilization above 93%, making timely withdrawals difficult for ordinary depositors. WLFIs collateral now represents roughly 55% of the protocols $835.7 million total value locked. The project also announced a governance proposal coming next week to unlock tokens for early holders. For early token holders:A governance proposal to unlock locked tokens will be posted to the forum next week for community input and will go to a formal vote shortly after.This is the project showing up for the people who showed up first. WLFI (@worldlibertyfi) April 9, 2026 It highlighted a USD1 upgrade adding gasless transfers and support for AI agent payment protocols. Whether the anchor borrower strategy generates sustainable yield or concentrates systemic risk in a single insider position remains the central question for depositors still locked in the pool.
According to Odaily, WLFI clarified in a publication that its upcoming governance proposal is not a one-time unlock of all tokens, but rather a long-term vesting and phased unlock plan designed for early retail purchasers. It stated that the plan will adopt a structured release mechanism to balance participant rights with the long-term stable development of the ecosystem.
Odaily reported that WLFI issued an official statement responding to market concerns about its borrowing positions on WLFI Markets, stating that there is currently no liquidation risk, and even in the event of significant market volatility, additional collateral can be provided as needed. The statement explained that as one of the platform's main borrowers, these borrowing activities are generating revenue for the platform, thereby boosting stablecoin yield levels. On the data side, WLFI disclosed that USD1 currently has an annualized income of approximately $159.5 million, and about 435 million WLFI has been repurchased on the secondary market over the past 6 months, totaling around $65.58 million. The project also noted that it will present a governance proposal next week to discuss unlocking early vesting tokens and upgrading USD1's features, including gas-free transfers and integration with AI payment infrastructure.
According to ChainCatcher, the crypto project WLFI, co-founded by the Trump family, has carried out multiple collateralized lending operations via the DeFi lending protocol Dolomite, sparking market concerns about insider relationships, circular financing, and liquidity risks. Data shows that WLFI successively used its self-issued stablecoin USD 1 and the platform token WLFI as collateral, borrowing a total of approximately $31.4 million in stablecoins, with part of the funds transferred to an exchange, suspected to be used for fiat conversion or OTC trading. Notably, Dolomite’s co-founder Corey Caplan also serves as an advisor to WLFI. Currently, WLFI accounts for about 55% of the deposits' liquidity in the protocol, significantly increasing concentration risk. In addition, the USD 1 pool on Dolomite has a utilization rate of around 93%, meaning regular depositors might not be able to withdraw funds at any time and could face liquidity lock-up risk. At the same time, since the market depth for WLFI tokens is limited, once a price drop triggers liquidation, this could lead to a chain reaction of sell-offs and potential bad debt risk, which eventually would be borne by other depositors. On-chain data also shows that WLFI transferred around 3 billion tokens (about $266 million) to multiple addresses in early April, with their destination currently unclear. As of now, WLFI has not responded to the relevant transactions.
Monitoring shows that in the past 5 days the WLFI strategic reserve address deposited 3 billion WLFI to Dolomite and borrowed 50.44 million USD1, resulting in all USD1 being fully borrowed. Currently, the borrowing interest rate for USD1 on Dolomite is 30%, and liquidity shows as -232,000. (Ai Yi)
Summary • Price broke below key support at $0.0987 after a failed rally to $0.1000. • Volatility spiked midday, with volume surging over 300,000 on the 6:15 AM ET candle. • RSI suggests oversold conditions, but price remains under downward pressure. World Liberty Financial/World Liberty Financial USD (WLFIUSD1) opened at $0.0989 on 2026-04-04 at 12:00 ET, hit a high of $0.1000, and closed at $0.0974 on 2026-04-05 at 12:00 ET, with a low of $0.0969. Total volume exceeded 1.27 million, and turnover reached $123,370. Structure & Formations Price formed a bearish engulfing pattern during the early morning session, confirming a breakdown from the $0.0987 support level. A potential short-term support appears near $0.0973, with resistance retesting likely near $0.0984 in the coming session. Moving Averages On the 5-minute chart, price closed below both the 20-EMA and 50-EMA, indicating bearish bias. Daily moving averages show a similar alignment, with no immediate reversal signals emerging. MACD & RSI The 24-hour RSI dropped to oversold territory, suggesting potential for a bounce. However, the MACD remains bearish with no clear divergence to confirm a reversal. Bollinger Bands Volatility expanded during the sell-off, with price closing near the lower Bollinger Band. A rebound toward the $0.0983–$0.0985 range may test the 20-day volatility channel. WLFIUSD1 Trend Chart WLFIUSD1 WLFIUSD1 -- BINANCE Crypto -- -- Intraday Pre Intraday Post All Daily Weekly Monthly Volume & Turnover Volume spiked dramatically during the 6:15 AM ET session, confirming a decisive bearish move. Turnover and price moved in alignment, reinforcing the breakdown. Fibonacci Retracements Fibonacci levels from the $0.0969 to $0.1000 swing suggest key resistance at 38.2% (~$0.0985) and 61.8% (~$0.0978), with the former likely to see early pressure. Price may consolidate near $0.0973–$0.0975 before a directional move resumes. Investors should watch for a break above $0.0984 to signal a potential short-covering rally, but downside risks remain if support at $0.0969 fails.
Delivery scenarios
