WLFI Token Open Interest Soars Past $825 Million

Binance-backed WLFI token has experienced a surge in open interest, reaching an all-time high of $825 million. This significant growth is attributed to DWF Labs’ investment and market-making activities. As a result, WLFI’s notional amount hit a record-breaking $2.26 billion on August 31st, with the majority of holdings concentrated on Binance. This marks a turning point for WLFI within the DeFi landscape as its strategic role continues to attract attention from both institutional investors and market players.