Trump-Backed WLFI Token Hits $6.4 billion Market Cap on Launch Day

- Trump-backed WLFI token hits $6.4 billion market cap after launch. - Binance leads WLFI trading as scams emerge online. On September 1, 2025, the Donald Trump–backed World Liberty Financial (WLFI) token launched across major cryptocurrency exchanges. This launch marks a pivotal entry into the decentralized finance (DeFi) ecosystem. As the governance token for the World Liberty Financial platform, WLFI aims to bridge the gap between traditional finance and DeFi systems. WLFI debuted with a market capitalization of $6.4 billion, and its price increased by 14% on the first trading day, closing at $0.26. The token’s total supply is capped at 24.66 billion. Binance was the first major exchange to list WLFI and immediately offered trading services, while other platforms, including Bybit, Bitget, and KuCoin, followed suit. In addition, Coinbase announced plans to list the token, pending liquidity conditions. Amid the launch excitement, the project team issued a scam alert, warning traders about fake WLFI smart contract addresses circulating online. To help traders avoid fraud, the team distributed the legitimate contract addresses and provided guidance for secure access. On September 1, CoinMarketCap reported that WLFI was trading at $0.26 as of 12:00 UTC, a price reflecting a 14% increase since its launch.