WLFI Derivatives Surge: Over $4 Billion Traded Ahead of Unlock

The WLFI token is set to unlock a portion of its holdings today at 8:00 AM ET, triggering a surge in derivative trading volume across major exchanges. OKX is introducing spot trading for WLFI, converting pre-sale futures into perpetual contracts. This has led to over a 530% increase in derivatives trading volume for WLFI, reaching over $4.6 billion on Sunday, according to CoinGlass. Open interest has also surged, jumping by over 60%, reaching approximately $941 million.