Falcon Weekly Recap: DeFi Miles, RWA Minting, LP Boosts
Updated • 15 Aug 2025
Published • 14 Jul 2025
2 mins
Last week, Falcon Finance marked several key developments across product, liquidity, and community growth.
USDf is approaching $600M in circulating supply. sUSDf continues to generate >10% APY for users.
Here is a summary of the main updates:
Falcon Miles Expanded Across DeFi
Miles rewards are now live for users of yield tokenization and money market protocols. We're in the early adopter phase, which means higher multipliers for early movers on:
- Pendle (up to 60x)
- Napier (36x)
- Spectra (36x)
- Morpho (30x)
- Euler (up to 30x)
USDf LP Incentives Boosted on Uniswap & PancakeSwap
A one-week rewards program launched for USDf liquidity providers on Uniswap and PancakeSwap:
- 23,800 USDf in extra rewards
- Up to 31% APR via Merkl
- 40x Falcon Miles multiplier
First Live RWA Mint
Falcon Finance just launched its first live RWA mint, where tokenized assets (like U.S. Treasuries) are not just onchain, they’re actually usable in DeFi.
- Minted USDf using Superstate's tokenized Treasury fund (USTB)
- No silos: Institutions gain composability, DeFi gains yield, both sides benefit
- Composable utility: RWAs become active collateral, not idle wrappers
- What’s next: Money markets → corporate credit → emerging market debt → private credit
Most RWA projects stop at tokenization. Falcon goes further by making real-world assets functional, with institutional-grade safeguards and DeFi-native composability.
For crypto-native users: access to real yield with onchain composability
For institutions: integr ation into DeFi, without compromising compliance or safeguards
USDf Listed on MEXC
USDf is now available for trading on MEXC (USDf/USDT). The USDf listing comes with $100K in trading rewards, expanded CEX access, and new liquidity routes to support growth.
USDf Bridged to XRPL EVM
USDf was among the stablecoins included in the $100M bridged to XRPL EVM via Axelar. This brings USDf into a growing cross-chain ecosystem.
Transparency, Reserves & Risk Framework
Andrei new post detailed Falcon's approach to risk, reserve composition, and overcollateralization:
- 89% of reserves in BTC and stablecoins
- 116% overcollateralization ratio
- Delta-neutral trading strategies underpin yield
sUSDf remains fully redeemable with instant unstaking. Thank you to our users, partners, and supporters.
