Falcon USD (USDF) price today
Falcon USD (USDf) is a synthetic dollar from the Falcon Finance protocol, issued against crypto and stablecoin collateral and paired with a yield-bearing version.
Falcon USD price now
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- Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.
What is Falcon USD?
USDf was launched in 2025 by Falcon Finance. Like other synthetic dollars, it aims to be worth 1 dollar without holding its backing in bank accounts: users deposit stablecoins or crypto assets and receive USDf.
Users who lock USDf in the protocol receive sUSDf, a version whose value grows with the results of the yield strategies.
How Falcon USD works
Stablecoin deposits generate USDf at a 1-to-1 rate. Deposits of volatile assets such as bitcoin and ether require collateral above the amount issued.
sUSDf yield comes from market strategies run by the protocol, such as funding rate and cross-exchange arbitrage. The project publishes a reserves dashboard and verification reports.
What USDF is used for
- Dollar reserve with variable yield through sUSDf.
- Collateral and liquidity in decentralized finance.
Risks and points of attention
- It is not backed by dollars in a bank: the peg depends on collateral value and on strategy execution.
- USDf traded below 1 dollar in 2025 amid doubts about the composition of its reserves.
- Counterparty risk at the exchanges and custodians used by the protocol.
- A recent project tied to a trading firm, which calls for attention to transparency.
Key facts
| Symbol | USDF |
|---|---|
| Asset type | Stablecoin |
| Launch | 2025 |
| Issuer or organization | Falcon Finance |
| Network | Ethereum, with versions on other networks |
| Maximum supply | No cap: issued against deposited collateral |
Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.
Official links
Frequently asked questions about Falcon USD
Is USDf a stablecoin?
It is a synthetic dollar. It seeks a dollar peg using crypto collateral and market strategies rather than reserves in traditional currency.
What is the difference between USDf and sUSDf?
USDf is the pegged token. sUSDf is received by locking USDf and accrues the yield generated by the protocol.
Are there other tokens with a similar ticker?
Different tokens with similar tickers exist in the market. Always check the issuer and the contract address in official sources before any transaction.
Where does the Falcon USD price on this page come from?
The panel shows the USDF price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.