WLFI’s DeFi credentials under fire after Sui partnership

Critics question whether WLFI offers innovation or just another rebranded DeFi service.

Sui, a layer-1 blockchain developed by San Francisco-based Mysten Labs, announced on March 6 that it had partnered with World Liberty Financial (WLFI). As part of the deal, Sui’s native token, SUI (SUI), will be included in WLFI’s “Macro Strategy” strategic token reserve, and both entities will explore product development opportunities together.

WLFI, a decentralized finance (DeFi) protocol, has drawn controversy due to its ties to the family of US President Donald Trump. While WLFI insists that none of Trump’s family members hold an officer or director position, Eric Trump serves as one of the board managers.

Additionally, despite marketing itself as a DeFi innovator, WLFI relies on Aave v3 for lending and borrowing functions, leading to questions about its originality and independence.

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