Ask about Falcon Finance · freeTotal Value Locked$1.481b
TVL by Chain
Ethereum$1.481b
Key Metrics
Fees 30d$148,380
Fees 30d by chain
Ethereum$148,380
Fees 7d$26,243
Ethereum$26,243
Fees 24h$2,585
Ethereum$2,585
Cumulative Fees$8.04m
Ethereum$8.04m
Revenue 30d$0
Revenue 30d by chain
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$0
Ethereum$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (30d Run Rate)$0
Earnings 30d$0
Earnings 7d$0
Earnings 24h$0
Cumulative Earnings$0
Market Cap$330.04m
$FF Price$0.093
Fully Diluted Valuation$930.71m
Outstanding FDV$930.71m
$FF Volume 24h$6.02m
CEX Volume$6.4m
DEX Volume$1.53m(25.43% of total)
Total Raised$24m
Jul 30, 2025$10mRound: Investors: World Liberty Financial
Sep 23, 2025$4mRound: Public token sale
Oct 9, 2025$10mRound: Investors: M2 Group, Cypher Capital
Protocol Information
Falcon Finance is the first universal collateralization infrastructure protocol that creates sustainable yield opportunities.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Yield generated from sUSDf vault, sFF vault, FalconPosition NFT staking, and FF token staking.View code on GitHubRevenue: No revenue is collected for the protocol inside the Falcon Finance smart contracts.View code on GitHubHolders Revenue: View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked2
Average Supply APY1.9%
User Activity
Active Addresses (24h)3
Transactions (24h)3
Competitors
Closest by TVL
Falcon Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 30, 2025 to Nov 15, 2026.
All-time high TVL: $2.147b on Oct 15, 2025. All-time low TVL: $1.173b on Aug 15, 2026.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $1.718b |
| Oct 18, 2026 | $1.719b |
| Oct 19, 2026 | $1.718b |
| Oct 20, 2026 | $1.718b |
| Oct 21, 2026 | $1.718b |
| Oct 22, 2026 | $1.719b |
| Oct 23, 2026 | $1.719b |
| Oct 24, 2026 | $1.719b |
| Oct 25, 2026 | $1.719b |
| Oct 26, 2026 | $1.719b |
| Oct 27, 2026 | $1.719b |
| Oct 28, 2026 | $1.719b |
| Oct 29, 2026 | $1.72b |
| Oct 30, 2026 | $1.715b |
| Oct 31, 2026 | $1.665b |
| Nov 1, 2026 | $1.665b |
| Nov 2, 2026 | $1.665b |
| Nov 3, 2026 | $1.666b |
| Nov 4, 2026 | $1.666b |
| Nov 5, 2026 | $1.668b |
| Nov 6, 2026 | $1.659b |
| Nov 7, 2026 | $1.659b |
| Nov 8, 2026 | $1.659b |
| Nov 9, 2026 | $1.661b |
| Nov 10, 2026 | $1.66b |
| Nov 11, 2026 | $1.66b |
| Nov 12, 2026 | $1.659b |
| Nov 13, 2026 | $1.661b |
| Nov 14, 2026 | $1.557b |
| Nov 15, 2026 | $1.507b |
TVL at each month end, Sep 2025 to Nov 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $1.739b |
| Oct 31, 2025 | $2.01b |
| Nov 30, 2025 | $2.083b |
| Dec 31, 2025 | $2.05b |
| Jan 31, 2026 | $2.048b |
| Feb 28, 2026 | $1.623b |
| Mar 31, 2026 | $1.632b |
| Apr 30, 2026 | $1.62b |
| May 31, 2026 | $1.501b |
| Jun 30, 2026 | $1.255b |
| Jul 31, 2026 | $1.255b |
| Aug 31, 2026 | $1.175b |
| Sep 30, 2026 | $1.209b |
| Oct 31, 2026 | $1.665b |
| Nov 15, 2026 (latest) | $1.507b |
Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Oct 2025 | $1.85m | $0 | $0 |
| Nov 2025 | $1.07m | $0 | $0 |
| Dec 2025 | $1.11m | $0 | $0 |
| Jan 2026 | $840,307 | $0 | $0 |
| Feb 2026 | $471,210 | $0 | $0 |
| Mar 2026 | $471,274 | $0 | $0 |
| Apr 2026 | $492,761 | $0 | $0 |
| May 2026 | $323,679 | $0 | $0 |
| Jun 2026 | $326,416 | $0 | $0 |
| Jul 2026 | $305,857 | $0 | $0 |
| Aug 2026 | $255,734 | $0 | $0 |
| Sep 2026 | $265,431 | $0 | $0 |
| Oct 2026 | $197,556 | $0 | $0 |
| Nov 2026 (to date) | $58,356 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/falcon-finance
Frequently asked questions
What is Falcon Finance's TVL?
As of Nov 15, 2026, Falcon Finance has $1.481b in total value locked. TVL has decreased 13.8% over the past 30 days.
What chains does Falcon Finance operate on?
Falcon Finance operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Falcon Finance generated in fees and revenue?
Over the past 30 days, Falcon Finance generated $148,380 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $5.63m in fees.
What is the FF token price and valuation?
FF is currently trading at $0.093. Its circulating market capitalization is $329.84m, ranking it #169. Its fully diluted valuation is $930.15m. Supply currently stands at 3.546b circulating, 10b total supply, 10b maximum supply.
How has FF performed recently?
FF is up 7.8% over the past 7 days and down 19.8% over the past 30 days. Its all-time high is $0.77, reached on Sep 29, 2025. The token is currently 87.9% below that level.
How does Falcon Finance's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Falcon Finance ranks #2 by TVL. The category holds $7.569b across 42 protocols, and Falcon Finance accounts for 19.6% of that total. Similar protocols include Ethena USDe, BitFi Basis, Solv Basis Trading, Tori Finance, Axis, ZEROBASE CeDeFi, Aegis YUSD, Drakewell USDdw, Piku Finance, and BounceBit Prime.
How many yield pools does Falcon Finance have?
DefiLlama tracks 2 Falcon Finance yield pools with an average APY of 1.9%.