Falcon Finance price of $0.09998878 is up 9.89% in the last 24 hours and up 17.29% in the last 7 days. Price is down -51.37% from ATH of $0.20560188 from Oct 27, 2025, and down 45.88% from 52-week high of $0.1847707. Short-term trend is Neutral while Medium-term trend is Strong Down and Long-term trend is Neutral. Near-term momentum is Bullish based on MACD Signal Line crossover and Bullish based on RSI-14 center line crossover (RSI > 50). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Price is also above the Upper Bollinger Band, indicating recent increased price volatility.
Falcon Finance (FF) is a decentralized finance protocol that issues USDf, a synthetic dollar stablecoin collateralized by a diversified basket of digital assets.
Deployed primarily on Ethereum, FF is also natively issued on BNB Smart Chain, while USDf and its yield-bearing counterpart sUSDf additionally exist on BNB Smart Chain and XDC Network. The protocol's mainnet went live in February 2025, and collateral backing USDf includes Bitcoin, stablecoins, and assets such as Tether Gold. FF functions as the protocol's governance and utility token.
Falcon Finance differentiates its synthetic dollar model through diversified, multi-asset collateral rather than a single collateral type, spanning Bitcoin, stablecoins, altcoins, and tokenized gold added in October 2025.
Annualized protocol fees are estimated near $7.26 million, reflecting active USDf issuance and redemption activity. FF captures this growth at the governance layer: holders direct incentive-budget allocation and approve new collateral types and financial products, tying token utility to the protocol's expansion, including planned real-world-asset collateral.
FF is the governance and utility token of the Falcon Finance protocol, issued on Ethereum and natively on BNB Smart Chain.
On Ethereum, the token contract is deployed at 0xFA1C09fC8B491B6A4d3Ff53A10CAd29381b3F949; the equivalent BNB Smart Chain deployment is at 0xAC23B90A79504865D52B49B327328411a23d4dB2.
FF has a fixed maximum supply of 10,000,000,000 tokens; circulating supply is approximately 3,065,000,000 as of 2026-09-01.
At token generation, 2.34 billion FF were issued. With supply fixed and the remainder released through scheduled vesting rather than ongoing token creation, net emission is disinflationary as unlocks complete.
The Falcon Finance protocol and USDf launched in February 2025.
The FF token's Ethereum contract was deployed separately on 2025-09-19 as part of a September 2025 token generation event, at which 2.34 billion of the fixed 10 billion FF supply was issued.
Itemized rounds total approximately $45 million.
FF is deployed on Ethereum, its primary and canonical chain.
FF is also natively issued on BNB Smart Chain. USDf and sUSDf additionally exist on BNB Smart Chain and XDC Network.
Falcon Finance's team includes three publicly named leaders: Andrei Grachev, Heng Lee, and Artem Tolkachev.
Falcon Finance's USDf and sUSDf products are operated under Terms of Use by Falcon Digital Limited.
A separate, independent FF Foundation was established specifically to administer FF token governance and token-unlock and distribution schedules, with no discretionary control retained by the Falcon Finance operating team. Falcon Finance is incubated and backed by DWF Labs, a market maker and investment firm.
FF holders have on-chain governance rights to propose, deliberate, and vote on protocol-significant matters.
These matters include system upgrades, parameter adjustments, incentive-budget allocation, and approval of new financial products. Governance administration and token distribution are handled by the independent FF Foundation, structurally separated from the Falcon Finance operating and development team so the core team retains no discretionary control over these decisions.
Falcon Finance integrated Tether Gold (XAUt) as USDf collateral on October 27, 2025.
Zellic audited Falcon's USDf and sUSDf smart contracts in February 2025 and the FF token contract in September 2025, finding no critical or high-severity vulnerabilities in either engagement.
Pashov separately audited USDf and sUSDf with no critical or high-severity findings, and Harris and Trotter LLP issued a Proof-of-Reserves-style report certifying that USDf reserves exceed liabilities.