The stablecoin protocol Falcon Finance TVL has broken through 127 million US dollars
BlockBeats news, on April 5th, according to official data, the synthetic US dollar stablecoin protocol Falcon Finance launched by DWF Labs has now reached a TVL of $127.9 million USD, with sUSDf APY currently reported at 14.3%.
Falcon Finance is backed by multiple assets and uses hedging and farming systems to enhance returns and stability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Only 4 protocols in the DeFi sector have a TVL exceeding $10 billion.
Decentralized social media app Hey will cease development
Yala stablecoin YU has significantly depegged, dropping 53.26% in 24 hours
Trending news
MoreCrypto prices
More
