Falcon Finance (FF) has experienced a significant surge, climbing over 42% in the last 24 hours to trade at approximately $0.1578. This rise follows a substantial $300 million liquidity influx, as reported by Andrei Grachev of DWF Labs, which has propelled trading volume by 823% to $5.83 billion.
The protocol's native stablecoin, USDf, now boasts a market cap of $1.3 billion and remains fully overcollateralized. Additionally, a $10 million strategic investment from M2 Capital and Cypher Capital is set to bolster Falcon's collateralization infrastructure. Falcon Finance has also partnered with Chainlink's CCIP and Proof of Reserve to enhance transparency and boost investor confidence.
Falcon Finance Soars 42% Following $300M Liquidity Boost
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.