Dubai, United Arab Emirates, June 3, 2025, Chain Wire
Synthetic Dollar Protocol Falcon Finance has announced that USDF’s total synthetic dollar supply is above $500 million. The latest milestones prove the growing demand for multi-city assets as Falcon prepares for a full public launch.
Since Falcon opened the protocol for whitelisted retail users, the total supply of Dollar Page USDF has now exceeded $520 million. Falcon’s TVL is currently at $589 million. This represents the total amount of crypto assets deposited by users.
After depositing stub coins or crypto assets containing BTC or ETH, users who are whitelisted can mint USDF, which acts as over-materialized stub coins. Users who choose to wager USDF can then cast a corresponding amount of SUSDF, a yield generation version of Falcon’s dual token Stablecoin.
The yields available in SUSDF are variable, but the APY is currently at 8.8%. Unlike other synthetic dollar protocols that rely solely on adjudication fees for positive funding rates, the yields distributed to USDF stakers are derived from multiple sources. This ensures consistent yields regardless of market conditions.
In addition to the appeal of being able to earn returns with USDF, the synthetic, ridiculous, ridiculous demand is driven by the increasing opportunities to utilize it in more and more Defi protocols. Woo X recently launched the USDF spot market in a multi-currency exchange, but Pendle tokens in the form of PT-SUSDF are listed in Morpho’s lending and borrowing protocols. With its introduction, users can provide SUSDF as collateral while earning returns from Falcon.
The ability to trade USDFs with a variety of crypto assets, including Stablecoins, also allows users to maximize their SUSDF holdings. By borrowing against USDF or exchanging stable coins such as USDT, you can repeat the process to get maximum yield before resting on Falcon and generating more SUSDF.
As part of its long-term user growth strategy, Falcon has recently launched Falcon Miles, an ecosystem-wide point program that rewards user activity across mint, staking and asset holdings. The program is set to expand to additional on-chain integrations, including the lending market and tokenized yield protocols, as the Falcon ecosystem continues to evolve.
With cross-chain deployments and new collateral integrations underway, Falcon Finance is progressing towards its mission to build a robust foundation for synthetic digital dollars.
About Falcon Finance
Falcon Finance is the next generation synthetic dollar protocol. Storing a multi-set of users with competitive yields for industry competition across all market conditions sets new standards in the industry along with transparency, security, and facility-grade risk management. Details: https://falcon.finance/
contact
Managing Partner
Andrei Grachev
Falcon Finance
press@falcon.finance
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