World Liberty Financial is a decentralized finance (DeFi) project announced in the United States in 2024. It is widely known for its ties to the family of US President Donald Trump, and WLFI is its governance token.
At first, the tokens that were sold could not be transferred. Trading on major exchanges began in September 2025, which drew a lot of attention.
WLFI holders can vote on proposals that shape how the protocol is run. The project aims to offer DeFi services such as lending on blockchains including Ethereum.
The main product in its ecosystem is USD1, a US dollar stablecoin launched in 2025. USD1's reserves are held in cash and short-term US Treasury bills, with BitGo acting as custodian.
Data provided by CoinGecko
WLFI has a fixed total supply of 100 billion tokens. The supply was split between public sales, the team and other insiders, and other groups, with insider tokens set to unlock gradually over several years.
In April 2026, a governance proposal to unlock about 62 billion locked tokens won broad support. Under its terms, founders and team members would burn part of their holdings, and the rest would unlock over a long schedule.
The project's main strengths are its high profile and the rapid growth of its USD1 stablecoin. Because WLFI is a governance token, holders can also take part in decision-making.
However, its political ties have raised ongoing concerns about conflicts of interest and regulation. The large share held by insiders, the major token unlocks and 2026 reports about insider loans are also cited as risks that are worth looking at carefully.
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