Falcon Finance
FF#102FF is the governance and utility token of Falcon Finance, the protocol behind the USDf synthetic dollar and its yield vaults.
- Market cap
- $391.87M
- Volume 24h
- $11.41M
- All-time high
- —
- Circulating supply
- 3.34B of 10B
Fails our Shariah screening. Needs caution: nature of the asset, excessive uncertainty (gharar), usage, and benefit and harm (maslahah). Fails: interest (riba) and business model.
- 2 pass
- 4 caution
- 2 fail
Verdict history
- Not halalCurrent
First publication
Fundamentals, market picture and news will appear here.
About Falcon Finance
FF is the governance and utility token of Falcon Finance, the protocol behind the USDf synthetic dollar and its yield vaults.
Falcon Finance issues USDf, a synthetic dollar minted against crypto and other collateral, and sUSDf, which earns yield from strategies such as funding-rate arbitrage, options and staking. By 30 September 2026 USDf supply was $1.21 billion, backed by $1.90 billion of reserves, mostly bitcoin. The white paper is authored by DWF Labs co-founder Andrei Grachev.
FF is the protocol token. Holders can stake it as sFF to earn yield paid in FF, boosted yields on USDf and sUSDf and extra Falcon Miles; governance rights are still listed as coming soon. Unstaking takes three days.
Supply is 10 billion FF, with 35% for the ecosystem, 24% for the foundation, 20% for the team and 4.5% for investors; team and investor tokens vest over three years after a one-year cliff. FF launched on 29 September 2025.
Sources · 7
- Falcon Finance $FF Tokenomics: 10B Supply & Allocation (Falcon Finance)
- sFF staking mechanics (Falcon Finance docs)
- sFF governance (Falcon Finance docs)
- September 2026: A national stablecoin becomes USDf collateral (Falcon Finance)
- Yield generation (Falcon Finance docs)
- Falcon Finance white paper
- CoinGecko API: Falcon Finance
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Whitepaper
- falcon.finance/whitepaper-en.pdf
- Consensus
- Hosted by a company
- Max supply
- 10,000,000,000 FF
What it is used for
- Staking as sFF for protocol yield
- Boosting USDf and sUSDf yields
- Falcon Miles rewards
- Governance (planned)
- Spot trading on exchanges
Market data
- Market cap
- $391.87MRank #102
- Fully diluted value
- $1.17BAt 10B FF
- Volume 24h
- $11.41M2.91% of market cap
- Total supply
- 10B FFIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 3.34B FF33.4% of max supply
- Max supply
- 10B FFFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
