Dubai, United Arab Emirates, March 26th, 2025,
Chainwire
Falcon Finance, a next-generation
synthetic dollar protocol, has officially reached its first $100
million Total Value Locked (TVL) milestone during its Closed Beta
phase. The controlled rollout has enabled the team to monitor the
protocol in production and gather meaningful user feedback.
Insights on interface and overall user experience will help guide
improvements ahead of a broader public release.
Since its inception, Falcon Finance has
seen rapid adoption driven by demand for yield-generating synthetic
dollars and strong engagement from early adopters. "Hitting $100
million is a validation of our infrastructure and the trust that
our early users have placed in us,” said Andrei Grachev, Managing
Partner of Falcon Finance. “We’re proud of the momentum, and we are
just getting started.”
Falcon Finance’s overcollateralized
synthetic dollar, $USDf, was also recently listed on both Curve
Finance and Uniswap. $USDf is now live on secondary markets, giving
users the ability to trade and access liquidity across Ethereum’s
most trusted decentralized exchanges.
Falcon Finance also supports 16+
collaterals across Ethereum, TON, Polygon, NEAR, Bitcoin, and more
— including assets from leading Layer 1 and Layer 2 ecosystems:
$POL (Polygon), $FET (Fetch.ai), $COTI (COTI Network), $BEAMX
(BuildOnBeam), $DEXE (Dexe Network), $MOVE (Movement) and more to
be announced in the coming weeks.
In addition, Falcon Finance has also
integrated Fireblocks and Ceffu, a major upgrade to asset custody
and institutional security. This helps eliminate exchange
counterparty risk by locking user funds in secure MPC-based
wallets, while all trading is executed via mirrored positions —
ensuring users retain full asset ownership without depositing
assets into exchange hot wallets.
The platform continues to expand its
integrations with leading wallets, protocols, and Layer 1 and Layer
2 networks — solidifying its position as a core infrastructure
player in the decentralized finance space. As part of its
commitment to trust, Falcon Finance will soon unveil its
transparency information where users can access daily metrics on
assets held in custody and portfolio valuations across centralized
exchanges. This initiative sets a benchmark for accountability and
openness.
About Falcon
Finance
Falcon Finance is a next-generation
synthetic dollar protocol. Preserving users’ multi-assets with
industry competitive yields across any market conditions, it sets a
new standard in the industry, along with transparency, security,
and institutional-grade risk management. Learn more: https://falcon.finance/
Contact
Managing
Partner
Andrei
Grachev
Press@falcon.finance