WLFI Spends $115M on Subsidies, Boosting USD1 Scale by 50% and Volume Tenfold
2026-05-24 16:18
DAI
USD1

Data compiled by Woofun AI shows that WLFI allocated over $115 million across a four-month period to aggressively expand the market footprint of USD1. This capital was strategically distributed through interest rate subsidies on centralized exchanges including Binance and Bybit, activity incentives on Aster, and yield support on lending protocols such as Dolomite.

Concurrently, these measures catalyzed a 50% surge in USD1's total scale, lifting it from $3.137 billion to $4.76 billion. This expansion propelled USD1 from seventh to fourth place among dollar-pegged assets, overtaking USDe and PYUSD while trailing only USDT, USDC, and DAI.

Additionally, average daily trading volume expanded tenfold from $200 million to $2 billion, driven by new margin trading capabilities on both CEXs and perpetual DEXs.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
USD1
USDe
PYUSD
USDT
USDC
DAI
Yu Jin
WLFI
Aster
Dolomite
Binance
Bybit
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