$FF sits at $0.131 with a $308 million market cap while the protocol absorbs another $210 million in deposits this week alone.

There is a moment in every cycle when the real money stops listening to narratives and starts moving in silence.
That moment happened between October 15 and December 4, 2025.
Seven of the ten largest crypto-native hedge funds, the ones whose annual P&L statements are measured in eleven figures, quietly re-collateralized 54 % of their entire RWA book to @Falcon Finance .
They did not announce it.
They did not need a Spaces.
They did not wait for an airdrop.
They simply required a protocol that:
Has never depegged by more than 38 bpsHas never paused redemptionsHas never paid a single claim from its insurance fund
Has never asked them to trust a sequencer, a custodian, or a marketing budget
USDf supply: $2.41 billion as of 04 December 2025, 08:17 UTC
Backing ratio: 104.7 %
sUSDf real yield: 9.92 % (7-day average)
Insurance fund: $12.8 million, untouched

New collateral classes added in the last 50 days:
Tokenized Mexican CETES (Dec 2)
Centrifuge JAAA AAA-rated CLOs (Nov 25)
Tether Gold XAUt (Oct 27)
Tokenized Tesla & corporate bonds basket (Oct 15)
Every single addition appeared on the reserves dashboard without a countdown, without a meme, without a single paid KOL.
$FF sits at $0.131 with a $308 million market cap while the protocol absorbs another $210 million in deposits this week alone.
The claim window closes forever on December 28.
Every unclaimed token is burned.
No second chances.
No “community feedback” extensions.
This is not a launch.
This is not a narrative.
This is the quiet transfer of the entire $22 trillion RWA liquidity layer from venues that still pause during volatility to a protocol that has never closed its doors.
The institutions finished voting months ago.
The rest of the market is just catching up.
#FalconFinance

{spot}(FFUSDT)