Ask about Falcon Finance · freeTotal Value Locked$1.719b
TVL by Chain
Ethereum$1.719b
Key Metrics
Fees 30d$197,182
Fees 30d by chain
Ethereum$197,182
Fees 7d$41,258
Ethereum$41,258
Fees 24h$4,668
Ethereum$4,668
Cumulative Fees$7.95m
Ethereum$7.95m
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$332.42m
$FF Price$0.099
Fully Diluted Valuation$994.36m
Outstanding FDV$994.36m
$FF Volume 24h$3.01m
CEX Volume$2.32m
DEX Volume$910,497(30.23% 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 APY2.08%
User Activity
Active Addresses (24h)15
Transactions (24h)15
Competitors
Falcon Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 30, 2025 to Oct 26, 2026.
All-time high TVL: $2.147b on Oct 15, 2025. All-time low TVL: $1.173b on Aug 15, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $1.208b |
| Sep 28, 2026 | $1.208b |
| Sep 29, 2026 | $1.208b |
| Sep 30, 2026 | $1.209b |
| Oct 1, 2026 | $1.208b |
| Oct 2, 2026 | $1.311b |
| Oct 3, 2026 | $1.44b |
| Oct 4, 2026 | $1.528b |
| Oct 5, 2026 | $1.656b |
| Oct 6, 2026 | $1.655b |
| Oct 7, 2026 | $1.655b |
| Oct 8, 2026 | $1.653b |
| Oct 9, 2026 | $1.654b |
| Oct 10, 2026 | $1.656b |
| Oct 11, 2026 | $1.654b |
| Oct 12, 2026 | $1.654b |
| Oct 13, 2026 | $1.653b |
| Oct 14, 2026 | $1.643b |
| Oct 15, 2026 | $1.718b |
| Oct 16, 2026 | $1.718b |
| 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 |
TVL at each month end, Sep 2025 to Oct 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 26, 2026 (latest) | $1.719b |
Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Oct 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 (to date) | $163,639 | $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 Oct 26, 2026, Falcon Finance has $1.719b in total value locked. TVL has increased 42.3% 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 $197,182 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $6.42m in fees.
What is the FF token price and valuation?
FF is currently trading at $0.099. Its circulating market capitalization is $332.42m, ranking it #190. Its fully diluted valuation is $994.36m. Supply currently stands at 3.343b circulating, 10b total supply, 10b maximum supply.
How has FF performed recently?
FF is down 3.9% over the past 7 days and down 25.6% over the past 30 days. Its all-time high is $0.77, reached on Sep 29, 2025. The token is currently 87.1% 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 $7.58b across 41 protocols, and Falcon Finance accounts for 22.7% of that total. Similar protocols include Ethena USDe, BitFi Basis, Solv Basis Trading, Tori Finance, Axis, ZEROBASE CeDeFi, Aegis YUSD, JUSD Finance, 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 2.1%.