Falcon USD USDF

What USDF actually is on-chain

Falcon USD is an ERC-20 deployed on Ethereum, at contract address 0xFa2B947eEc368f42195f24F36d2aF29f7c24CeC2. That address, not the ticker USDF, is what uniquely identifies this asset: anyone can deploy a second token calling itself USDF, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, USDF is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in USDF itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker USDF: Aster USDF (BNB Chain, 0x5a11…44b5). The asset on this page is specifically the Ethereum deployment at 0xFa2B…CeC2. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For USDF the project publishes a whitepaper and an active account as @FalconStable. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where USDF sits in the market

At #49, Falcon USD sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like USDF, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 1 live USDF order book (MEXC). That is thinner coverage than a #49 ranking would normally imply — a move on one of these books is close to the whole market for USDF, with no deep second venue to arbitrage it back. None of the books we see for USDF are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

USDF against its all-time high

USDF is 7.4% below the $1.07 record set on 2025-05-08. That is a shallow drawdown: the high itself is the nearest meaningful reference overhead, and the supply that changed hands near it is small enough that a retest is a mechanical question of flow rather than a structural one. Reclaiming the high needs only 1.08x from here. That high was set roughly 1 years ago, recently enough that it still anchors how most current holders frame the asset.

USDF across its historical range

The recorded range is comparatively narrow: 1.14x between $0.9434 and $1.07. Either the price history is short, or the asset is designed not to move.

USDF trades within 5.5% of the all-time low of $0.9434 set on 2025-07-08. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

USDF supply structure

There is no fixed maximum supply for USDF. Total supply stands at 1.79 billion USDF and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. With a supply in the billions, the quoted price is low enough that a single cent of movement is a large percentage swing; size your thresholds in percent, not in cents.

What kind of asset USDF is

Falcon USD is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. It is backed by on-chain collateral rather than by bank deposits, so the peg's real dependency is the collateral ratio and the liquidation engine behind it. The number to watch is not the price but the health of the collateral during a fast drawdown in the assets backing it. At a fully diluted value above a billion dollars it is large enough that its peg is defended by deep secondary liquidity, not only by the issuer's redemption promise.

CoinGecko files USDF under 6 categories, including Stablecoins, USD Stablecoin, BNB Chain Ecosystem, XDC Ecosystem, Crypto-backed Stablecoin. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Falcon USD alert that is worth receiving

Falcon USD is the ERC-20 at 0xFa2B…CeC2 on Ethereum — quoted on 1 venue we stream — high dated 2025-05-08 — rank #49. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →