Trump’s WLFI derivatives near $1B open interest hours before unlock
Derivative contracts for the Trumps’ World Liberty Financial token have seen spikes in volume and open interest just hours ahead of a partial unlock.
Open interest in contracts for the Trump family-tied World Liberty Financial token neared $1 billion just hours ahead of a partial token unlock.
Open interest on derivative contracts for the World Liberty Financial (WLFI) token neared $950 million in early trading on Monday, before cooling to $887 million, still up 45% in the past 24 hours, according to CoinGlass.
The trading volume on WLFI derivatives has jumped over 535% in the past day to $4.54 billion and is the fifth-most traded crypto derivative in the past 24 hours.
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