Open interest in contracts for the Trump family-tied World Liberty Financial token reached $950 million, rising by 45% in 24 hours. Trading volume for WLFI derivatives surged by 535% to $4.54 billion, making it the fifth most traded crypto derivative. The token’s value is currently around 34 cents, down from over 40 cents a week ago.

If WLFI remains at 34 cents, it could have a fully diluted market value of $34 billion, ranking it as the ninth-largest cryptocurrency. Binance has the largest share of WLFI derivatives trading, with $2.22 billion in trading volume and $436.5 million in open interest. OKX follows closely behind with $917.5 million in volume.

World Liberty Financial unlocked 20% of tokens purchased by early supporters on September 1. The firm raised $550 million through token sales, with 20 billion tokens initially sold for 1.5 cents each. US President Donald Trump is the “Chief Crypto Advocate” for WLFI, with his sons listed as “Web3 Ambassadors.”

Read more at Cointelegraph: Trump’s WLFI Contracts See Trading Spike Ahead of Unlock