Leading self-custody cryptocurrency wallet Ctrl Wallet, which offers access to more than 2,100 blockchains, has revealed a noteworthy liquidity initiative pertaining to its $XDEFI utility token. The development offers significant upgrades to the wallet’s tokenomics and highlights the long-term commitment of its key stakeholders.
The biggest holders of Ctrl’s tokens have decided to commit to a 12-month liquidity provision, placing 32% of total $XDEFI—or 50% of the current circulating supply—into Uniswap’s AMM liquidity pools. The one-year commitment will lessen any sell pressure and greatly increase liquidity.
These holders include the two co-founders of Ctrl Wallet, the company’s treasury, and its biggest backers, Delphi Digital, Mechanism Capital, and Morningstar Ventures. Until September 2025, the investors put 76.9 million $XDEFI into the pools collectively. Liquid and circulating $XDEFI tokens are included in this amount.
Emile Dubié, CEO of Ctrl Wallet stated:
“This initiative demonstrates the unwavering belief we have in Ctrl’s potential. By committing such a significant portion of tokens to liquidity provision, we are not only supporting the token’s stability but also laying the groundwork for future growth.”
Following the initial six-month period, the liquidity provision has milestone-based withdrawal options: a quarter may be withdrawn when $XDEFI reaches a fully diluted valuation (FDV) of US$100M; a subsequent quarter may be released at US$200M; a third quarter at US$300M; and a final quarter at US$500M.
Contributors will earn a 10% APY on their deposited tokens, with the exception of the project treasury, as an incentive to retain liquidity even after milestones are fulfilled.
The commitment was made in advance of Ctrl Wallet’s anticipated migration in the next weeks from $XDEFI to $CTRL. Alongside this rebranding initiative, a buy-and-burn model will be implemented, wherein 75% of all revenue made via the Ctrl Wallet will be used to acquire $CTRL tokens on the open market, which will then be burned.
Additionally, Ctrl will get new revenue-generating features including launchpads, in-wallet quests, and enhanced Gas Tank functionality. Through the buy-and-burn mechanism, these features are anticipated to directly benefit $CTRL token holders by driving more use and revenue. Ctrl Wallet has achieved 400k WAU, a 2x gain within the most recent quarter, due to current traction.
