Oraichain is officially consolidating its DeFi ecosystem under a new token, $LFG, as part of a broader realignment strategy.
Author: Sahil Thakur
7th October 2025 – Oraichain is officially consolidating its DeFi ecosystem under a new token, $LFG, as part of a broader realignment strategy aimed at simplifying tokenomics, deepening liquidity, and sharpening product narratives. The move also introduces LFG Perp DEX, a decentralized perpetuals exchange, as the flagship utility for the token.
The rebrand merges fragmented tokens, $MAX, $ORAIX, $AIRI, and $RACKS into a single DeFi-focused framework. Meanwhile, $ORAI will continue to serve as the native token for Oraichain’s AI products and dApps.
The team confirmed that $LFG will launch on Solana, while its Perp DEX will operate on a dedicated LFG subchain.
$LFG adopts a voting-escrow model called veLFG. Users who lock LFG tokens receive veLFG, a non-transferable balance that enables participation in governance, staking, and ecosystem incentives. The longer the lock period, the greater the veLFG received, allowing holders to access boosted rewards and utility access on platforms like ADL.
This design mirrors systems used in protocols like Curve and aligns long-term commitment with on-chain influence and yield opportunities.
Token conversion to LFG begins shortly after its token generation event (TGE), with a fixed 3-month window. Four existing ecosystem tokens – $MAX, $ORAIX, $AIRI, and $RACKS, will be eligible. Conversion involves first swapping into veLFG, which unlocks into LFG linearly over a 4-month period.
Rates decline over time. Early converters receive up to 1.35x in veLFG. This design discourages arbitrage, ensures stability during rollout, and encourages swift participation.
$KWT will not be converted but will receive an LFG airdrop based on a past snapshot.
Oraichain says this rebrand simplifies overlapping narratives, reduces duplicated liquidity pools, and strengthens long-term sustainability. Operating costs currently range from $150k–$220k/month. With sharper branding and fewer tokens, the team aims to consolidate community engagement, streamline liquidity, and cut costs.
While $LFG serves the DeFi stack, $ORAI will continue as the AI-layer token. Revenues from $LFG-based products are expected to flow back into the $ORAI treasury, indirectly supporting its long-term value.
$LFG’s TGE is expected in October. The circulating supply at launch will be under 6%. There’s no team-specific allocation; all vesting follows multi-year schedules aligned with product growth and community development.
The Perp DEX and Agent Launchpad (ADL) are already live. veLFG will serve as the gate token for all future subscriptions, staking, and launch participation on ADL. Oraichain emphasized that both AI and DeFi tracks will continue in parallel, but with separate operational clarity going forward.
The Oraichain Team has published an X article with possible FAQs on for you to check out for more details.
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