World Liberty Financial (WLF), a decentralized finance (DeFi) protocol backed by Donald Trump, launched its public token sale on Tuesday, raising approximately $11.49 million on its first day. This initial figure represents 3.8% of the protocol’s $300 million fundraising target.

Despite falling short of projections, the sale saw significant interest, with over 100,000 whitelist sign-ups. However, only 8,699 unique wallet addresses currently hold WLFI tokens. The project aims to distribute 63% of tokens to the public and will unfold in three phases, including launching a DeFi lending platform and integrating with exchanges. The outlook remains optimistic as WLF continues to attract attention in the DeFi space.