What I like about @Falcon Finance is that it doesn’t play games with “your funds are safe” marketing while hiding everything behind a CEX account.
You deposit collateral → it goes into segregated, MPC-secured custody with regulated partners (not sitting naked on an exchange). The strategies run around that capital, not with it — mirrored positions, off-exchange settlement, proper risk controls.
So you end up with onchain USDf liquidity and sUSDf yield that’s backed by a real custody + execution stack, not vibes. In a market that’s seen too many “trust us” meltdowns, Falcon feels much closer to how a modern treasury desk would actually do things — vault first, yield second.
If DeFi wants institutional money to stick, this is the kind of architecture it has to grow into.
