World Liberty Financial (WLFI) Cryptocurrency: Comprehensive Overview
Core Definition and Technology
World Liberty Financial (WLFI) is a decentralized finance protocol developed by its namesake company. The project combines a governance token ($WLFI) and a USD-backed stablecoin (USD1) to bridge traditional finance with crypto. Built on the Ethereum blockchain, WLFI utilizes the proven Aave V3 protocol architecture to provide users with cryptocurrency lending services while maintaining governance through its native WLFI token.
The token operates as an ERC-20 asset on the Ethereum blockchain, with cross-chain compatibility across Ethereum, Solana, BNB Smart Chain, and TRON networks.
Founding Team and Project History
World Liberty Financial was founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff, and Trump family members. Eric Trump and Donald Trump Jr. are actively involved in the management of the company, and rely on three partners, Zachary Folkman, Chase Herro, and Zach Witkoff, to maintain daily operations.
Donald Trump's company title is "chief crypto advocate", his 19 year old son Barron Trump is listed as the project's "DeFi (decentralized finance) visionary", Ogle from Glue is listed as a key advisor, and Eric Trump and Donald Trump Jr. each have the title, "Web3 ambassador."
Project Timeline
In September 2024, Trump announced that his sons would enter the cryptocurrency marketplace with a new venture called World Liberty Financial. In October, it announced its first initiative marketing a cryptocurrency called $WLFI. By the end of October 2024, the company had only sold $2.7 million worth of $WLFI, which abruptly changed and soared following Trump's victory in the 2024 United States presidential election.
In January 2025, coinciding with the presidential inauguration, World Liberty Financial experienced unprecedented growth, raising nearly $300 million during a two-day period. The surge in demand prompted the company to release an additional 5 billion tokens at $0.05 each, ultimately completing 99.3% of this offering by March 2025.
Tokenomics
Total Supply and Circulating Supply
The WLFI governance token has a maximum token supply of 100 billion tokens, with a current circulating supply of 27 billion tokens. WLFI has a total supply of 100,000,000,000 WLFI tokens, with 24,669,070,265 WLFI currently unlocked and in circulation. The remaining 75,330,929,735 WLFI is designated as TBD locked amount.
Token Distribution
The World Liberty Financial allocation includes Team and Advisors at 33.51%, Public Sale at 20.02%, Treasury at 19.96%, Community Growth and Incentives at 10.00%, Alt5 Sigma Corporation at 7.78%, Strategic Partners at 5.85% and Liquidity at 2.88%.
The Trump family and its affiliates were given 22.5 billion units of World Liberty's coins, $WLFI. The Trump family receives 75% of net proceeds when WLFI sells tokens, as well as gets a cut of stablecoin profits.
Token Characteristics
Most notably, WLFI tokens are non-transferable, meaning holders cannot sell or trade them on secondary markets. $WLFI is a non-transferable token used to vote on protocol upgrades, incentive structures, and ecosystem expansion.
Primary Use Cases and Applications
Governance and Voting
The WLFI token serves as the platform's governance mechanism, granting holders voting rights on protocol modifications, incentive structures, and ecosystem expansion decisions. Each WLFI token represents one vote in community proposals, though the token does not provide economic rights or ownership in the company.
Lending and Borrowing
Its "World Liberty Markets" platform enables lending/borrowing of crypto assets, emphasizing institutional-grade DeFi. The project launched "WLFI Markets" on January 12th. Built on the Dolomite protocol, this lending interface finally activated the ecosystem's core utility, allowing users to borrow and lend against assets like Wrapped Bitcoin (WBTC) and Ethereum using USD1.
USD1 Stablecoin
In March 2025, World Liberty announced it would launch USD1, a dollar-pegged stablecoin backed by U.S. treasuries, dollars, and other cash equivalents. USD1 is a fully reserved, dollar-pegged stablecoin deployed across Ethereum, BNB Chain, Solana, and Tron, enabling fast, low-cost global transactions.
The USD1 Stablecoin is designed as a fiat-backed stablecoin, aiming to maintain a 1:1 parity with the US dollar. Its tokenomics are structured around a full-reserve model, meaning every USD1 in circulation is theoretically backed by equivalent high-quality, liquid assets. The reserves are comprised of short-term US Government Treasuries, US dollar deposits, and other cash equivalents.
Consensus Mechanism and Network Security
WLFI utilizes the proven Aave V3 protocol architecture to provide users with cryptocurrency lending services while maintaining governance through its native WLFI token. A key aspect of its tokenomics is the appointment of BitGo as the trusted custodial partner, which holds the underlying reserve assets and provides infrastructure for minting and redemption.
Key Partnerships and Ecosystem Integrations
Aave Partnership
Under the arrangement, Aave DAO receives 7% of WLFI's token supply and 20% of future fees generated by the platform.
PancakeSwap Integration
In June 2025, World Liberty Financial formed a joint initiative with PancakeSwap, a decentralized finance protocol operated by Binance, to promote its stablecoin, USD1.
Institutional Investors
In 2025, Justin Sun acquired $WLFI tokens, reportedly for at least $75 million. Sun was also named a World Liberty Financial advisor.
In May 2025, MGX, an Abu Dhabi-state backed company led by Tahnoun bin Zayed Al Nahyan of the Abu Dhabi royal family and National Security Advisor of United Arab Emirates, announced it would use $2 billion worth of the USD1 stablecoin launched by World Liberty to finance a deal in crypto exchange.
Sovereign Integration
Pakistan signed an agreement with SC Financial Technologies, a company affiliated with WLF to explore using WLF's USD1 stablecoin for cross-border payments. The partnership aimed to integrate the stablecoin into Pakistan's regulated digital payment system.
Competitive Advantages and Value Proposition
Political Backing and Brand Recognition
The historical significance of World Liberty Financial lies in its position as the first major cryptocurrency venture directly associated with a sitting US president, raising questions about the intersection of political power and private enterprise in the digital asset space.
Multi-Chain Infrastructure
The platform operates across multiple blockchain networks including Ethereum, BNB Chain, Solana, and Tron, enabling users to access its products and stablecoin across these environments.
Institutional-Grade Compliance
Real-World Adoption includes billions in USD1 transactions, including institutional settlement deals, with reserves held by BitGo and verified through independent audits.
Current Development Activity and Roadmap
Banking Charter Application
In January 2026, World Liberty Trust, a trust company owned by WLF and with Zach Witkoff as its president and chairman, applied for a national banking license in the U.S. The Office of the Comptroller of the Currency (OCC) is reviewing WLFI's application for a national trust bank charter, with a decision expected in Q1 2026. Approval would allow WLFI to issue, custody, and redeem USD1 directly, reducing third-party dependencies.
Mobile App and Debit Card
WLFI's mobile app and "Liberty Stream" debit card – developed with Zebec Network – will launch in Q1 2026. The system enables real-time USD1 spending at Visa/Mastercard merchants globally, targeting 65,000+ users initially.
Real-World Asset Products
Tokenized commodities trading paired with USD1 stablecoin is planned for late January 2026.
Governance and Treasury Utilization
An advisory proposal recommends using less than 5% of unlocked WLFI holdings to fund incentives and partnerships tied specifically to USD1 usage across selected centralized and decentralized finance platforms.
Market Performance
As of the data provided, the current CoinMarketCap ranking is #28, with a live market cap of $3,467,698,410 USD. The project has raised over $590 million through token sales, achieving a market capitalization of over $5 billion at its peak.