Falcon Finance Crosses $100 Million TVL in Closed Beta
The post Falcon Finance Crosses $100 Million TVL in Closed Beta appeared on BitcoinEthereumNews.com.
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. 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…
Filed under: News - @ March 26, 2025 12:21 pm