World Liberty Financial’s WLFI price rose more than 18%, its strongest market gain so far, as combined spot and perpetual trading volume surpassed $196.23 million. Binance accounted for about 15.74% of volume across centralized and decentralized exchanges. Major venues including Binance, MEXC and Hyperliquid recorded more long than short activity, with over 50% of trades taking long positions. The open interest-weighted funding rate reached 0.0085%, while open interest rose about 12% to peak at $245.10 million. Protocol fees also climbed to $386,000 over the past day, a level last reached on July 14. Despite these bullish market and usage indicators, the sentiment indicator turned negative, suggesting investors may not have fully embraced the rally or may view WLFI as overvalued.