World Liberty Financial (WLFI) derivatives soared in trading as anticipation builds for the Trump-linked project’s first token release on Monday.
According to Coinglass, 24-hour trading volume for WLFI derivatives jumped more than 530% to $3.95b on Monday, while open interest rose over 60% $931.9m. The spike comes just hours before the unlock event, scheduled for 8:00 a.m. ET.
The project will free up 20% of the tokens purchased in its earliest rounds, priced at $0.015 and US$0.05, which can be claimed through a process called the Lockbox. These unlocked tokens amount to about 5% of total supply.
At current prices, early backers in the lowest round stand to gain over twenty times their investment.
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