$0.9963−0.00% 24hThe Falcon USD price in context
The USDF price and market statistics (cap, volume, supply) come from the CoinGecko aggregator — USDF has no USDT pair on Binance, so the price here does not stream live but refreshes every few minutes. The period change is measured from the first point of the selected range.
The complete ranking lives on the crypto prices page.
About Falcon USD
USDF is a synthetic dollar from the Falcon Finance protocol. It is not created by depositing dollars but by posting crypto assets as collateral — the protocol issues USDF against them and hedges with trading strategies so the collateral's value does not move with the market. Structurally it is close to Ethena's USDe.
Holders can lock USDF into the yield-bearing sUSDF variant and collect the strategies' return. That means the token carries different risks from a bond-backed stablecoin: it depends on whether the strategies work in an adverse market, and on the counterparties where the positions run.
With tokens of this type it matters to read exactly what backs them and where the collateral sits. The protocol publishes backing data, but verifying it independently is harder than for a stablecoin with bank reserves.