Dubai, United Arab Emirates, May 22nd, 2025, Chainwire
Synthetic dollar protocol Falcon Finance has announced that its USDf synthetic dollar has been listed on high-performance trading platform WOO X. The addition of USDf to WOO X will increase liquidity for USDf while providing opportunities for users to maximize the yield they can earn through Falcon Finance.
WOO X has launched a USDf spot market on its multi-currency exchange, where it has been paired against USDT. Users can swap between the two with tight spreads for maximum capital efficiency. They can also trade USDf against the hundreds of other crypto assets available on WOO X’s user-friendly platform.
USDf operates as a multi-utility synthetic dollar that is created by Falcon users who collateralize their crypto assets. This enables them to mint USDf, which can be staked on Falcom Finance to create sUSDf, its yield-generating counterpart. The listing of USDf on WOO X allows users to increase the yield they can earn on Falcon through looping.
After swapping USDf for USDT on WOO X, users can deposit USDT into Falcon Finance. This allows the stablecoin to serve as collateral for users to mint more USDf. By repeating the process, known as looping, users can increase their total borrowed USDf capital without materially increasing risk due to the synthetic asset’s stability.
More than $410M in crypto assets are currently locked into Falcon Finance’s synthetic dollar protocol, which has been used to mint more than $375M of USDf. Holders who lock their USDf to generate sUSDf can earn yield on their synthetic dollar holdings, which currently stands at an APY of 10%.
Falcon’s synthetic dollar protocol is available to whitelisted institutional and retail users, who have an opportunity to experience its novel approach to delivering sustainable yield. Falcon employs advanced risk-adjusted strategies and draws upon sources including basis spread and funding rate to ensure attractive yield for sUSDf stakers.
The launch of USDf on WOO X will expand access to the synthetic dollar protocol while strengthening its position as a versatile asset for trading and yield generation. In the process, it gives holders an opportunity to increase attainable yield and explore other opportunities on WOO X’s popular spot and futures exchange.
About Falcon Finance
Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: https://falcon.finance/
About WOO X
WOO X connects traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at low cost. With more than 170 spot markets and over 290 futures markets, WOO X gives traders access to an array of crypto assets within a slick and user-friendly platform.
Learn more: https://woox.io/
Contact
Managing Partner
Andrei Grachev
Falcon Finance
[email protected]
