
According to Coinglass, WLFI derivatives volume spiked before the 8:00 a.m. ET unlock, as trading begins Sept. 1 with sell limits and pre-market pricing implying a nearly $40 billion fully diluted valuation.
According to Coinglass, WLFI derivatives 24-hour volume jumped over 530% to $3.95 billion, while open interest rose more than 60% to $931.9 million. The token unlock is scheduled for Sept. 1 at 8:00 a.m. ET, freeing 20% of earliest-round purchases (priced at $0.015 and $0.05), equal to about 5% of total supply and claimable via the Lockbox. Trading officially begins Sept. 1, with early investors restricted to selling one-fifth of allocations; founders including Donald Trump Jr. and Eric Trump are excluded from this initial release. Pre-market quotes near $0.42 for a 100-billion supply imply a nearly $40 billion fully diluted valuation. A reported 99.94% approval vote cleared the way for trading. DT Marks DEFI LLC holds 38% of WLF Holdco, owns 22.5 billion WLFI, and has collected fees equal to 75% of token sale proceeds; founders’ tokens remain locked pending a governance vote on a release schedule.