Binance and LBank List Trump-Backed WLFI Token with Trading Restrictions Amid $6B Initial Supply

01.09.2025 03:00

Binance, OKX, Bitget, and LBank have listed the World Liberty Financial (WLFI) token, affiliated with the Trump family, starting September 1, 2025. The listings come with significant trading restrictions, including mandatory user quizzes every 90 days on Binance to ensure risk awareness. LBank will apply a 0.2% trading fee, with deposits and withdrawals enabled 24 hours post-launch.

The WLFI ecosystem comprises two tokens: USD1, a 100% U.S. Treasury-backed stablecoin custodied by BitGo, and WLFI, a governance token granting voting rights on platform decisions. The project aims to bridge DeFi and traditional finance, leveraging Aave's lending system for lending, borrowing, and trading.

Donald Trump Jr. endorses WLFI, emphasizing its economic freedom agenda. The Trump family invested over $500 million in the initial funding round, while Abu Dhabi's Aqua1 Foundation contributed $100 million. An UAE fund transferred over $2 billion in USD1 to Binance, signaling institutional interest. However, criticism centers on insider concentration of tokens and revenue rights.

20% of WLFI's initial supply, valued at ~$6 billion, is released at launch. The token is multi-chain, operating on Ethereum and BNB Chain, and may impact Ethereum liquidity pools via USDT/USDC trading pairs. Historical parallels to political tokens like $TRUMP suggest potential short-term volatility.