WLFI is about to open! From DeFi to MEME, here's a sneak peek at 23 ecosystem-focused projects

By Nancy, PANews

World Liberty Financial (WLFI) is slated to go public tonight (September 1st), having secured initial public offering support from several major exchanges. Its pre-market price has also rebounded in recent days. As market enthusiasm continues to heat up, the WLFI ecosystem is also attracting significant market attention. This article reviews 23 related concept projects, focusing not only on DeFi and MEME, but also on WLFI executives personally leading DAT (Crypto Treasury Strategy) companies.

DeFi

USD1

USD1 is an institutional-grade USD stablecoin announced by WLFI in March of this year. DeFillama data shows that as of September 1st, USD1's market capitalization exceeded $2.4 billion. Currently, USD1 has been deployed on BNB Chain, Ethereum, and Tron, and recently launched on Solana. BNB Chain holds over 88.5% of the market capitalization, making it the primary circulation network for USD1.

Chainlink (LINK)

A few months ago, WLFI announced that its US dollar stablecoin USD1 has become multi-chain available through Chainlink's Cross-Chain Interoperability Protocol (CCIP).

CoinGekco data shows that as of September 1, LINK's market value was nearly US$15.53 billion.

Ethena (ENA)

As early as December last year, WLFI announced a partnership with Ethena Labs. The two parties are seeking long-term cooperation, which will start with Ethena's revenue token sUSDe.

CoinGekco data shows that as of September 1, ENA's market value exceeded US$4.18 billion.

Ondo Finance (ONDO)

In February this year, Ondo Finance announced a partnership with WLFI to promote the adoption of tokenized RWAs. WLFI plans to integrate Ondo’s tokenized assets into its network as reserve assets, including the US Dollar Yield Token (USDY) and short-term US Treasury bonds (OUSG).

CoinGekco data shows that as of September 1, ONDO's market value exceeded US$2.75 billion.

Plume Network (PLUME)

In July, Plume Network announced a strategic partnership with WLFI to promote the multi-chain expansion of the USD1 stablecoin. According to the agreement, USD1 will serve as the reserve asset for the Plume chain's stablecoin pUSD and provide underlying support for its Reliable Transactional Asset (RWA) financial ecosystem (RWAfi). This marks the first cross-chain deployment of USD1 outside of BSC.

CoinGekco data shows that as of September 1, PLUME's market value reached US$230 million.

Dolomite (DOLO)

Dolomite, a leading lending protocol in the Berachain ecosystem, aims to become a core lending market for the USD1 stablecoin. This year, it transitioned its core trading pair from USDC to USD1 and will soon be listed on Binance's spot market. Notably, Dolomite's founder also serves as a technical advisor to WLFI.

CoinGekco data shows that as of September 1, DOLO's market value was close to US$130 million, with an increase of more than 123% in the past 30 days.

Raydium (RAY)

On September 1st, Raydium announced it had become the official DEX for USD1 on Solana, launching the USD1-SOL and USD1-USDC trading pairs. The DEX will also soon support users through the WLFI app.

CoinGekco data shows that as of September 1, RAY's market value exceeded US$890 million.

Kamino (KMNO)

USD1 also integrated the DeFi protocol Kamino Finance on its first day on Solana. CoinGekco data shows that as of September 1st, KMNO's market capitalization was close to $150 million.

Falcon Finance

Falcon Finance, a synthetic USD stablecoin protocol launched by market maker DWF Labs, has listed USD1 as one of its collateral types. At the end of July, Falcon Finance also announced a $10 million strategic investment from World Liberty Financial.

Lista DAO (LISTA)

Since Lista DAO announced its partnership with WLFI in May to launch multiple USD1 stablecoin application scenarios, over 100 million USD1 has been deposited, making it the largest DeFi protocol on USD1. The protocol plans to launch a USD1-based yield-generating stablecoin in Q3.

CoinGekco data shows that as of September 1, LISTA's market value exceeded US$56.998 million.

Kernel DAO (KERNEL)

At the end of May, WLFI announced that USD1 had been integrated with Kernel DAO as a re-pledgeable asset. This collaboration marked the first time its stablecoin provided security guarantees to a third-party application.

CoinGekco data shows that as of September 1, KERNEL's market value exceeded US$43.9 million.

StakeStone (STO)

StakeStone is USD1's full-chain liquidity support partner. In July of this year, StakeStone launched the USD1 LiquidityPad vault, a full-chain liquidity distribution product for USD1, providing users with a one-stop portal covering all scenarios across the entire chain.

CoinGekco data shows that as of September 1, the STO market value was approximately US$18.37 million.

Memecoin

BONK.fun (BONK/GP)

After several days of pre-launch activity, BONK.fun has officially announced that it has partnered with WLFI to become the official launchpad for the stablecoin USD1 on Solana. Details regarding the launch and the significance of this partnership will be announced soon.

CoinGekco data shows that as of September 1, BONK's market value was close to US$1.64 billion, and GP's market value was US$100 million.

BUILDON GALAXY (B)

BUILDON GALAXY, originally BUILDon, the first MEME coin to include USD1 in its core trading pairs, is based on BNB Chain. After being acquired by WLFI, its market capitalization soared to hundreds of millions of dollars. In July of this year, BUILDon officially changed its name to BUILDON GALAXY and announced the upcoming launch of the USD1 ecosystem's first Launchpad, focusing on high-quality projects and providing rigorous vetting, multi-chain deployment, flexible launch, and ongoing market support.

CoinGekco data shows that as of September 1, B's market value exceeded US$710 million, a record high.

DORA (DORA)

DORA, a USD1 ecosystem MEME token based on the BNB Chain, focuses on female-themed narratives. GMGN data shows that as of September 1st, DORA's market capitalization reached $180 million.

Torch of Liberty (Liberty)

Torch of Liberty is also a USD1 ecosystem MEME token on BNB Chain. GMGN data shows that as of September 1, Liberty's market capitalization exceeded $120 million.

Blockstreet (BLOCK)

Blockstreet is the first official USD1 native launchpad, and its co-founder Matthew Morgan serves as an advisor to WLFI and Chief Investment Officer of ALT5.

GMGN data shows that as of September 1, BLOCK's market value exceeded US$64 million.

EGL1 (EGL1)

EGL1, based on the BNB Chain, was the winner of the USD1 trading competition hosted by Four.Meme. GMGN data shows that as of September 1, EGL1's market capitalization was approximately $52 million.

U (U)

U is the MEME token on the BNB Chain, with the WLFI public wallet holding over 45% of its supply. GMGN data shows that as of September 1st, U's market capitalization exceeded $18.86 million.

America.Fun (AOL)

AOL, a MEME token launched by WLFI advisor Ogle on BONK.fun, recently announced its Launchpad project, America.Fun. AOL's stock price surged due to market expectations of a partnership with USD1. However, after WLFI failed to announce any partnership in its latest announcement, AOL's stock price plummeted by over 50%.

CoinGekco data shows that as of September 1, AOL's market value fell below $10 million.

DAT

ALT5

In early August of this year, ALT5 Sigma Corporation completed a $1.5 billion financing round, officially launching its WLFI treasury strategy. This round was led by World Liberty Financial, which subscribed for 100 million shares in WLFI tokens. Several global institutional investors and crypto venture capital firms participated, including renowned asset management firms Point72, ExodusPoint, and Arcane Group. Kraken served as the asset manager for this transaction, and AGP/Alliance Global Partners served as the exclusive placement agent.

In terms of corporate governance, WLFI co-founder and CEO Zach Witkoff will serve as Chairman of the ALT5 Board of Directors; Eric Trump will join the Board of Directors; WLFI co-founder and COO Zak Folkman will serve as a Board Observer; Matt Morgan will serve as Chief Investment Officer; and former GSR executive Jonathan Hugh will serve as Chief Financial Officer.

Public data shows that ALTS's stock price has risen 27.1% in the past week, with a market value of US$793 million.

other

Vaulta (A)

In July of this year, Vaulta (formerly EOS) announced a $6 million investment commitment from WLFI to advance Web3 banking in the United States. As part of this partnership, Vaulta's native assets will be incorporated into WLFI's macro-strategic reserve, and WLFI's USD1 stablecoin will be directly integrated into Vaulta's Web3 banking infrastructure.

CoinGekco data shows that as of September 1, the market value of Vaulta Token A exceeded US$760 million.

Tagger (TAG)

Last month, the decentralized AI data solution Tagger announced that it would adopt USD1 as the settlement method for Web2 client enterprise data orders, and plans to issue some real-time task rewards to platform data annotators in the form of USD1 in the future.

CoinGekco data shows that as of September 1, TAG's market value was approximately 93.6 million yuan.