
defioasis.eth|Sep 26, 2025 13:50
Falcon Finance, managed by DWF, is about to TGE. Currently, FF has surpassed $2 billion FDV in OTC Whale Market transactions. Buildpad early investors have already seen at least 4x profits.
Check out some Falcon – USDf data:
- Total market cap has exceeded $2 billion, making it the sixth-largest stablecoin. The one ahead of it is WLFI – USD1 (~$2.7 billion).
- USDf’s market cap has grown by $664 million since early September.
- As the TGE approaches and Pendle positions are settled, USDf staking volume has dropped from $790 million on Monday to $544 million, but the unstaked USDf hasn’t been directly burned.
- Yesterday, 188 million sUSDf were burned/redeemed. The share of sUSDf held in Pendle dropped from over 75% to below 40% at one point, but it’s still the primary destination for sUSDf.
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