World Liberty Financial (WLFI) is set to go public tonight (September 1) and has secured initial support from multiple mainstream exchanges, with the pre-market price recently rebounding from a low. As market enthusiasm continues to grow, the WLFI ecosystem is also attracting significant attention. This article reviews 23 related concept projects, focusing on the two main tracks of DeFi and MEME, while WLFI executives are personally overseeing the DAT (Cryptographic Treasury Strategy) company.
USD1
USD1 is an institutional-grade dollar stablecoin announced by WLFI in March of this year. According to DeFillama data, as of September 1, USD1's market cap has surpassed $2.4 billion. Currently, USD1 has been deployed on BNB Chain, Ethereum, and Tron, and has recently launched on Solana. Among these, BNB Chain accounts for over 88.5% of the market cap share, making it the primary circulation network for USD1.
Chainlink (LINK)
Months ago, WLFI announced that its USD stablecoin USD1 has achieved multi-chain availability through Chainlink's Cross-Chain Interoperability Protocol (CCIP).
According to CoinGecko data, as of September 1, the market capitalization of LINK is nearly 15.53 billion USD.
Ethena (ENA)
As early as December last year, WLFI announced a partnership with Ethena Labs, and both parties are seeking a long-term collaboration, which will start with Ethena's revenue token sUSDe.
According to CoinGecko, as of September 1, the market capitalization of ENA exceeds $4.18 billion.
Ondo Finance (ONDO)
In February of this year, Ondo Finance announced a partnership with WLFI to promote the adoption of tokenized RWA. WLFI plans to integrate Ondo's tokenized assets into its network as reserve assets, including the USD Yield Token (USDY) and short-term U.S. Treasury bonds (OUSG).
According to CoinGecko data, as of September 1, the market capitalization of ONDO exceeds $2.75 billion.
Plume Network (PLUME)
Plume Network announced in July a strategic partnership with WLFI to promote the multi-chain expansion of the stablecoin USD1. According to the agreement, USD1 will serve as the reserve asset for the stablecoin pUSD on the Plume chain and provide underlying support for its RWA financial ecosystem (RWAfi), marking the first cross-chain deployment of USD1 outside of BSC.
According to CoinGecko, as of September 1st, the market capitalization of PLUME reached 230 million USD.
Dolomite (DOLO)
The leading lending protocol in the Berachain ecosystem, Dolomite, aims to become the core lending market for the USD1 stablecoin. This year, it will replace its core trading pair stablecoin from USDC to USD1 and has recently landed on the Binance spot market. Notably, the founder of Dolomite also serves as a technical advisor for WLFI.
According to CoinGekco data, as of September 1, the market capitalization of DOLO is close to $130 million, with an increase of over 123% in the past 30 days.
Raydium (RAY)
On September 1st, Raydium announced that it has become the official DEX for USD1 on Solana, and the USD1-SOL and USD1-USDC trading pairs have been launched. At the same time, this DEX will soon support users to use it through the WLFI App.
According to CoinGecko data, as of September 1, the market value of RAY exceeds 890 million USD.
Kamino (KMNO)
USD1 also integrated the DeFi protocol Kamino Finance on its first day of launching on Solana. According to CoinGecko, as of September 1, the market capitalization of KMNO is close to 150 million USD.
Falcon Finance
Falcon Finance is a synthetic USD stablecoin protocol launched by the market maker DWF Labs, which has listed USD1 as one of the collateral types on the platform. At the end of July, Falcon Finance also announced a strategic investment of $10 million from World Liberty Financial.
Lista DAO (LISTA)
Since Lista DAO announced its cooperation with WLFI to launch multiple USD1 stablecoin application scenarios in May this year, over 100 million USD1 have been deposited, making it the largest DeFi protocol for USD1. The protocol plans to launch a yield-bearing stablecoin based on USD1 in Q3.
According to CoinGecko data, as of September 1, the market capitalization of LISTA exceeds 56.998 million USD.
Kernel DAO (KERNEL)
At the end of May, WLFI announced the integration of USD1 with Kernel DAO, becoming a re-stakable asset. This collaboration marks the first time its stablecoin provides security for third-party applications.
According to CoinGekco, as of September 1, the market value of KERNEL exceeds 43.9 million USD.
StakeStone (STO)
StakeStone is a full-chain liquidity support partner for USD1. In July of this year, StakeStone launched the USD1 LiquidityPad Vault, a full-chain liquidity distribution product, providing users with a one-stop portal covering all chain scenarios.
According to CoinGekco data, as of September 1, the market value of STO is approximately 18.37 million USD.
BONK fun (BONK/GP)
After several days of preheating, BONK fun officially announced that it has partnered with WLFI, making Bonk fun the official Launchpad platform for the stablecoin USD1 on Solana. Detailed information about the launch and the significance of this collaboration will be announced soon.
According to CoinGecko data, as of September 1, the market capitalization of BONK is close to $1.64 billion, while the market capitalization of GP is $100 million.
BUILDON GALAXY (B)
BUILDON GALAXY was originally the first MEME coin, BUILDon, to incorporate USD1 into its core trading pairs, based on the BNB Chain. After being purchased by WLFI, its market capitalization once soared to several hundred million dollars. In July of this year, BUILDon officially announced its rebranding to BUILDON GALAXY, while also announcing the upcoming launch of the first Launchpad for the USD1 ecosystem, focusing on high-quality projects and providing stringent reviews, multi-chain deployment, flexible launches, and ongoing market support.
According to CoinGecko, as of September 1, the market capitalization of B exceeded $710 million, setting a new historical record.
DORA (DORA)
DORA, based on the BNB Chain, is a USD1 ecological MEME token that focuses on female-themed narratives. According to GMGN data, as of September 1, the market value of DORA once reached 180 million USD.
Torch of Liberty (Liberty)
Torch of Liberty is also a USD1 ecological MEME token on the BNB Chain. According to GMGN data, as of September 1, the market capitalization of Liberty has exceeded 120 million USD.
Blockstreet (BLOCK)
Blockstreet is the first official USD1 native launchpad, with co-founder Matthew Morgan serving as an advisor for WLFI and the Chief Investment Officer of ALT5.
According to GMGN data, as of September 1, the market value of BLOCK exceeds 64 million US dollars.
EGL1 (EGL1)
EGL1 based on BNB Chain is the winner of the USD 1 trading competition hosted by Four Meme. GMGN data shows that as of September 1, EGL1 has a market capitalization of approximately 52 million dollars.
U(U)
U is a MEME coin on the BNB Chain, with WLFI public wallets holding over 45% of its supply. GMGN data shows that as of September 1, U's market capitalization exceeds 18.86 million USD.
America Fun (AOL)
AOL is a MEME token launched by WLFI consultant Ogle in the BONK fun, and recently announced the Launchpad project America Fun. Due to market expectations that it would collaborate with USD1, AOL once surged significantly. However, with WLFI not announcing any collaboration news in the latest announcement, AOL plummeted over 50% in a short period.
According to CoinGecko data, as of September 1st, the market value of AOL briefly fell below 10 million USD.
ALT5
At the beginning of August this year, ALT5 Sigma Corporation completed a $1.5 billion financing, officially launching the WLFI treasury strategy. This round of financing was led by World Liberty Financial, which subscribed to 100 million shares using WLFI tokens as consideration. Meanwhile, several global institutional investors and crypto venture capital firms participated, including well-known asset management companies Point72, ExodusPoint, and Arcane Group. Kraken served as the asset manager for this transaction, while AGP/Alliance Global Partners acted as the exclusive placement agent.
In terms of corporate governance, WLFI co-founder and CEO Zach Witkoff will serve as the chairman of the ALT5 board; Eric Trump will join the board as a director; WLFI co-founder and COO Zak Folkman will act as a board observer; Matt Morgan will serve as Chief Investment Officer; former GSR executive Jonathan Hugh will take on the role of Chief Financial Officer.
Public data shows that ALTS stock price increased by 27.1% in the past week, with a market value of 793 million dollars.
Vaulta (A)
In July of this year, Vaulta (formerly EOS) announced a $6 million investment commitment from WLFI to promote the development of Web3 banking in the United States. As part of this collaboration, Vaulta's native assets will be included in WLFI's macro strategic reserves, and WLFI's USD1 stablecoin will be directly integrated into Vaulta's Web3 banking infrastructure.
According to CoinGecko, as of September 1, the market capitalization of the Vaulta token A exceeds $760 million.
Tagger (TAG)
Last month, the decentralized AI data solution Tagger announced it would use USD1 as the settlement method for Web2 customer enterprise data orders, and plans to issue some real-time task rewards to platform data annotators in the form of USD1 in the future.
According to CoinGecko, as of September 1st, the market capitalization of TAG is approximately 93.6 million yuan.