#Dubai #UAE #Falcon Finance #USDf #DWF Labs

Falcon Finance Surpasses $350 Million in USDf Circulating Supply

Falcon Finance has made an impressive leap in the digital finance sector by announcing that its synthetic dollar protocol, USDf, has surpassed $350 million in circulating supply. This notable milestone comes just two weeks after the protocol launched to the public, showcasing its swift adoption and the growing demand for a reliable and transparent financial solution.

Backed by DWF Labs, Falcon Finance has quickly gained traction, building on a sturdy foundation with over $200 million in Total Value Locked (TVL) achieved during a successful closed beta phase prior to its public launch. The protocol enables USDf to be minted, staked, and traded across multiple platforms, including Ethereum and reputable decentralized exchanges like Uniswap, Curve, and Balancer, as well as centralized exchanges such as Bitfinex.

Andrei Grachev, the Managing Partner at Falcon Finance, highlighted the significance of reaching this achievement: "This achievement reflects both user confidence and market demand for secure, yield-generating digital dollars. In surpassing $350 million, Falcon reinforces its role as a core building block for the future of programmable finance."

The growth in USDf circulation coincided with the launch of Falcon's transparency page, which allows users access to detailed insights into the protocol’s collateral composition, reserve distribution, and third-party audit data. Users can see how reserves are held with institutional-grade custodians through services like Fireblocks and Ceffu. Besides, the trading positions on centralized exchanges are mirrored, and there is an active deployment on-chain across various staking and liquidity protocols, emphasizing the protocol's focus on safety and operational transparency.

Most of the reserves are secured within MPC-based wallets, which are subject to quarterly third-party attestations to ensure transparency and security. Falcon Finance's first audit reports, conducted by Zellic and Pashov Audit Group, were released in the first quarter of 2025. Future audits are scheduled to maintain an ongoing commitment to transparency and user trust.

USDf can be minted using a wide variety of collateral assets, including popular cryptocurrencies such as USDT, USDC, ETH, BTC, SOL, TON, NEAR, and other supported tokens. Users who stake USDf can convert their holdings into sUSDf, which offers a lucrative average yield of approximately 15% APY. Moreover, users have the potential to enhance their returns through Falcon's Boosted Yield NFTs.

To further encourage user engagement and growth, Falcon Finance has introduced Falcon Miles, a point system that rewards users for their activities across minting, staking, and holding assets. The program is designed to broaden its utility by integrating additional functionalities that will include lending markets and tokenized yield protocols as the Falcon ecosystem continues to evolve.

Falcon Finance is actively pursuing its mission to build a robust foundation for synthetic digital dollars while expanding its cross-chain capabilities and collateral integrations. With its swift rise to market prominence, Falcon aims to redefine how users engage with digital finance, demonstrating the growing importance of innovative financial solutions in today's economy.

For additional details, visit Falcon Finance.