{"id":44177,"date":"2025-08-26T15:31:45","date_gmt":"2025-08-26T15:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44177"},"modified":"2025-08-26T15:31:45","modified_gmt":"2025-08-26T15:31:45","slug":"wlfi-futures-tumble-44-on-debut-as-traders-short-the-trump-linked-token","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44177","title":{"rendered":"WLFI Futures Tumble 44% on Debut as Traders Short the Trump-Linked Token"},"content":{"rendered":"<div>\n<p>Futures of World Liberty Financial (WLFI), the cryptocurrency linked to the family of President Donald Trump, lost more than 44% of their value on opening this weekend as traders chose to short the decentralized finance (DeFi) token.<\/p>\n<p>The futures began trading Aug. 23 on decentralized exchange Hyperliquid at $0.44. Within hours, the price had collapsed to below $0.25 on the back of significant trading volume.<\/p>\n<p>The debut followed months of uncertainty. Initially, the token was planned to be non-transferrable. In mid-July, however, the <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/16\/trump-linked-wlfi-token-clears-vote-to-become-tradable\">measure was overturned<\/a>. That decision paved the way for the weekend introduction. Spot trading and token distribution are due to go live in September.<\/p>\n<p>The current price would put WLFI at a fully diluted value of $24 billion having debuted at around $44 billion, based on the token&#8217;s total supply of 100 billion.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/29291890d2d86f3c0e5b14ab778d57698121c05f-2320x1052.png?auto=format\" alt=\"WLFI\/USD (HyperLiquid)\" title=\"WLFI\/USD (HyperLiquid)\"><\/p>\n<p>More than $59 million in trading volume has been recorded, with $57 million in open interest, according to <a href=\"https:\/\/app.hyperliquid.xyz\/trade\/WLFI\">HyperLiquid<\/a>. Open interest measures the nominal amount of open positions on a specific market.<\/p>\n<p>The funding rate is also skewed to the downside at an annualized rate of -35%. When negative rates occur, traders holding short positions need to pay those holding longs, a classic bearish signal.<\/p>\n<p>Negative funding rates have been rare of late in the crypto market despite major assets like BTC and ETH selling off. WLFI&#8217;s negative rate demonstrates how traders believe the token is overvalued and are so confident in further downside that they are willing to pay to hold the short position.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Futures of World Liberty Financial (WLFI), the cryptocurrency linked to the family of President Donald Trump, lost more than 44% of their value on opening this weekend as traders chose to short the decentralized finance (DeFi) token. The futures began trading Aug. 23 on decentralized exchange Hyperliquid at $0.44. Within hours, the price had collapsed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44177","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44177"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44177\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}