Falcon Finance的Pendle代幣PT-SUSDF已在Morpho的Defi貸款和借款方案上列出

它的介紹使用戶可以在Falcon收益時提供SUSDF作為抵押品。

May 20th, 2025, Chainwire

2025年5月20日，Chainwire

Falcon Finance’s synthetic dollar protocol has announced that its Pendle token PT-sUSDf has been listed on Morpho’s DeFi lending and borrowing protocol.

Falcon Finance的合成美元協議宣布，其Pendle代幣PT-SUSDF已在Morpho的Defi Lending和借貸方案上列出。

Its introduction allows users to supply sUSDf as collateral while earning yield from Falcon.

它的介紹使用戶可以在Falcon收益時提供SUSDF作為抵押品。

Curated with the support of DeFi specialist Re7 Labs, PT-sUSDf operates as a Pendle Principal Token (PT) that represents the principal portion of the yield-bearing sUSDf. This enables it to be used in DeFi protocols while still earning its holder yield on the sUSDf staked in Falon’s synthetic dollar protocol.

在Defi專家RE7實驗室的支持下，PT-SUSDF作為Pendle Princtal令牌（PT）運行，代表了承重SUSDF的主要部分。這使其可以在Fefi協議中使用，同時仍在Falon的合成美元協議中固定在SUSDF上獲得其持有人的產量。

Morpho’s decision to list PT-sUSDf extends the utility of sUSDf while giving holders an opportunity to borrow against it. After depositing PT-sUSDf into Morpho, users can elect to borrow USDC or USDf. Should they elect to borrow USDf, they can restake the stablecoin in Falcon to generate more sUSDf before repeating the process to earn maximum yield.

Morpho決定列出PT-SUSDF的決定擴展了SUSDF的效用，同時使持有人有機會藉錢。將PT-SUSDF存入Morpho之後，用戶可以選擇借入USDC或USDF。如果他們選擇借入USDF，他們可以重複在獵鷹中重新產生更多的SUSDF，然後再重複該過程以賺取最高收益率。

Two vaults curated by Re7 Labs have been launched on Morpho with a September 25 expiry date for USDC and USDf respectively. The user simply chooses the desired vault based on the stablecoin they wish to borrow. Borrowed USDC can be used for trading or to participate in other DeFi activities, while borrowed USDf can be looped through Falcon to increase total capital available for yield generation.

RE7實驗室策劃的兩個金庫已在Morpho上啟動，分別為USDC和USDF的9月25日到期日期。用戶只需根據他們希望藉用的穩定幣選擇所需的金庫即可。借用的USDC可用於交易或參與其他Defi活動，而藉用的USDF可以通過Falcon循環以增加可用於產生產量的總資本。

The launch of PT-sUSDf on Morpho supports Falcon’s goal of transforming its synthetic dollar into a multi-purpose stablecoin with broad utility across the onchain landscape. Morpho has already integrated USDf and sUSDf, allowing the stablecoins to be used as collateral for borrowing against.

PT-SUSDF在Morpho上的推出支持Falcon的目標是將其合成美元轉變為多用途穩定的穩定性，並在整個Onchain景觀中具有廣泛的實用性。 Morpho已經整合了USDF和SUSDF，允許穩定幣用作借貸的抵押品。

Currently running in closed beta, Falcon Finance’s synthetic dollar protocol has a TVL of more than $411M and is providing an APY on sUSDf of 9.9% at present. Its protocol is designed to capture yield obtained from sources including basis spread, funding rate, and advanced risk-adjusted strategies. This enables Falcon to offer attractive returns to DeFi users while operating within a secure, institutional-grade framework.

Falcon Finance的合成美元協議目前在Beta Beta中運行，TVL超過4.11億美元，目前在SUSDF上提供了9.9％的APY。它的協議旨在捕獲從基礎差異，融資率和經過高級風險調整策略在內的來源獲得的收益。這使Falcon在安全的機構級框架內運營時，可以為Defi用戶提供有吸引力的回報。

At present, Falcon’s closed beta is accessible by whitelisted institutional participants and retail users with a full public launch set to follow. The open release will enable verified users to generate yield both on Falcon and on other DeFi protocols by leveraging the growing number of use cases for USDf and its yield-generating analog sUSDf.

目前，白名單的機構參與者和零售用戶可以訪問Falcon的封閉beta，並進行了完整的公開發布會。開放版本將通過利用USDF及其產生產生的模擬SUSDF的用例越來越多，可以使經過驗證的用戶能夠在Falcon和其他Defi協議上產生收益率。

About Falcon Finance

關於獵鷹財務

Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: https://falcon.finance/

Falcon Finance是下一代合成美元方案。在任何市場條件下，保留用戶具有行業競爭收益的多資產，它為行業中的新標准設定了新標準，以及透明度，安全性和機構風險管理。了解更多：https：//falcon.finance/

About Morpho

關於morpho

Morpho is a decentralized protocol enabling the overcollateralized lending and borrowing of crypto assets on EVM networks. Each Morpho market is isolated ensuring that risks are contained within each individual market. This design ensures predictable behavior and eliminates systemic risk for lenders and borrowers. With more than $4B in TVL, Morpho is a leading DeFi lending and borrowing protocol.

Morpho是一種分散的協議，可實現EVM網絡上加密資產的過度貸款和借貸。每個morpho市場都是孤立的，以確保每個單獨市場中都有風險。該設計確保了可預測的行為，並消除了貸方和借款人的系統性風險。 Morpho擁有超過$ 4B的TVL，是領先的Defi貸款和借貸協議。

Learn more: https://app.morpho.org/

了解更多：https：//app.morpho.org/