🔗 Crypto & Blockchain

WLFI Token Hits Record Lows as Trump-Backed Project Doubles Down on Circular DeFi Bet

World Liberty Financial's WLFI token tanked 12% to its lowest since launch, right after the team shrugged off concerns about their massive Dolomite lending play. It's a classic DeFi house of cards — propping up bets with your own sinking token.

Fintech Dose Apr 11, 2026 3 min read
Line chart of WLFI token price crashing 12% to all-time lows amid DeFi lending controversy

⚡ Key Takeaways

  • WLFI token fell 12% to record lows after defending a controversial Dolomite lending strategy using its own token as collateral. 𝕏
  • The 'anchor borrower' approach creates circular risks, with underwater treasury buybacks and drained pools trapping depositors. 𝕏
  • Echoes Terra/LUNA collapse; bold but brittle strategy may falter if markets turn, eroding Trump-backed crypto credibility. 𝕏
Published by

Fintech Dose

Markets. Money. Innovation.

#DeFi lending #DeFi lending risks #Dolomite protocol #Trump crypto #WLFI token #World Liberty Financial

Worth sharing?

Get the best Fintech stories of the week in your inbox — no noise, no spam.

Originally reported by CoinDesk

Related Stories

📬

Stay in the loop

The week's most important stories from Fintech Dose, delivered once a week.

No spam. Unsubscribe any time.