> It's not really a lubricant, but in a pinch it can temporarily function as one.
That's wrong. WD-40 is a literally a lubricant mixed with a solvent that makes it very fluid so it can enter small interstices, the solvent then evaporates quickly, leaving the lubricant in place.
There's not a lot of lubricant in there compared to a pure lubricant, because the solvent takes a significant share of the volume, but it's still a lubricant once the solvent dries up.
wd40 is not a lubricant.