cryptopolitan.com
World (WLD) is gaining attention each day, recently causing peak liquidity inflows. World chain bridge deposits broke an all-time peak above $1B.
World (WLD), formerly known as Worldcoin, is back in the spotlight this week. The project gained attention after a vertical rally for the native WLD token after months of sideways trading.
The WLD rally was sparked by the announcement of the Eightco Holdings treasury, aiming to inject $250M into the token, as Cryptopolitan previously reported.
WLD open interest moved to its highest range, though it still stands at $540M. The project has re-emerged in the crypto space, after years of skepticism linked to the rel="nofollow noopener" target="_blank">bridged value has been growing gradually, with wrapped assets meant for DeFi activity.
Based on Token Terminal estimates, World has now attracted over $1.1B through bridge deposits.
The deposits into World Chaina accelerated once again in September. World Chain carries a small DeFi sector, with most of the inflows in WETH and WBTC. Currently, DeFi apps carry around $95M in value locked, with a native lending version of Morpho as the top liquidity hub.
World Chain is also still in its expansion stage. Since late 2024, the chain has grown its daily active users. After months with around 15K daily active users, World Chain experienced another wave of growth. Currently, the chain has over 75K daily active users.
The recent spike in activity may be due to demand for trading and the popularity of WLD. However, the chain has also reported a growing number of accounts using proof of humanity. As Sam Altman watches the expansion of AI, the counter-role of World may also grow in importance.