What’s the real WLFI? How to avoid the scammers

Timothy Wuich
3 Min Read

WLFI Token Launches Amid Speculation and Confusion

After months of anticipation, the Donald Trump–backed World Liberty Financial (WLFI) token officially commenced trading on Monday morning. Nonetheless, there remains some confusion regarding the token’s unlock schedule, supported exchanges, and how to differentiate the authentic WLFI from a slew of imitators.

WLFI serves as the native token for World Liberty Financial, a decentralized finance (DeFi) platform established in 2024. While the specifics of its utility have been intentionally kept ambiguous, the project positions itself as a connector between traditional finance and DeFi. WLFI operates as the governance token for the platform, providing holders with voting rights over protocols and strategic decisions.

On Monday, the project verified that WLFI is officially active, featuring a total supply of 24.66 billion tokens, distributed as follows:

  • 10 billion to World Liberty Financial Inc.
  • Just over 4 billion to the public

Binance has become the first prominent exchange to list WLFI, providing trading pairs with USDC and USDT. Additionally, trading has commenced on Bybit, Bitget, and KuCoin.

In a related announcement, Coinbase stated it will support WLFI on the Ethereum network, with trading expected to begin once “liquidity conditions are met.”

Amid the excitement, numerous scams involving WLFI have surfaced. The analytics firm Bubblemaps has pointed out the existence of “bundled clones” — fake smart contracts that mimic established crypto projects. Using an incorrect contract address could lead to a permanent loss of funds.

Below are the verified WLFI smart contract addresses across relevant networks:

Many cryptocurrency scams start on social media, with X being a primary target. Updates about WLFI tokens should only be trusted when they originate from the verified “worldlibertyfi” account on X.

With a circulating supply nearing 24.66 billion tokens, WLFI launched with a market capitalization of $6.4 billion, as reported by CoinMarketCap. Trading volumes have seen a surge, and the token has appreciated by 14% to $0.26.

As with many cryptocurrency launches, WLFI’s price dynamics illustrate a combination of speculative interest, constrained liquidity, and ambiguity surrounding long-term adoption — factors that can instigate significant volatility in its initial days.

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