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

它的介绍使用户可以在Falcon收益时提供SUSDF作为抵押品。

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的合成美元协议宣布，其Pendle代币PT-SUSDF已在Morpho的Defi Lending和借贷方案上列出。

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

它的介绍使用户可以在Falcon收益时提供SUSDF作为抵押品。

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专家RE7实验室的支持下，PT-SUSDF作为Pendle Princtal令牌（PT）运行，代表了承重SUSDF的主要部分。这使其可以在Fefi协议中使用，同时仍在Falon的合成美元协议中固定在SUSDF上获得其持有人的产量。

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决定列出PT-SUSDF的决定扩展了SUSDF的效用，同时使持有人有机会借钱。将PT-SUSDF存入Morpho之后，用户可以选择借入USDC或USDF。如果他们选择借入USDF，他们可以重复在猎鹰中重新产生更多的SUSDF，然后再重复该过程以赚取最高收益率。

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实验室策划的两个金库已在Morpho上启动，分别为USDC和USDF的9月25日到期日期。用户只需根据他们希望借用的稳定币选择所需的金库即可。借用的USDC可用于交易或参与其他Defi活动，而借用的USDF可以通过Falcon循环以增加可用于产生产量的总资本。

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的目标是将其合成美元转变为多用途稳定的稳定性，并在整个Onchain景观中具有广泛的实用性。 Morpho已经整合了USDF和SUSDF，允许稳定币用作借贷的抵押品。

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的合成美元协议目前在Beta Beta中运行，TVL超过4.11亿美元，目前在SUSDF上提供了9.9％的APY。它的协议旨在捕获从基础差异，融资率和经过高级风险调整策略在内的来源获得的收益。这使Falcon在安全的机构级框架内运营时，可以为Defi用户提供有吸引力的回报。

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，白名单的机构参与者和零售用户可以访问Falcon的封闭beta，并进行了完整的公开发布会。开放版本将通过利用USDF及其产生产生的模拟SUSDF的用例越来越多，可以使经过验证的用户能够在Falcon和其他Defi协议上产生收益率。

About Falcon Finance

关于猎鹰财务

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。在任何市场条件下，保留用户具有行业竞争收益的多资产，它为行业中的新标准设定了新标准，以及透明度，安全性和机构风险管理。了解更多：https：//falcon.finance/

About Morpho

关于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是一种分散的协议，可实现EVM网络上加密资产的过度贷款和借贷。每个morpho市场都是孤立的，以确保每个单独市场中都有风险。该设计确保了可预测的行为，并消除了贷方和借款人的系统性风险。 Morpho拥有超过$ 4B的TVL，是领先的Defi贷款和借贷协议。

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

了解更多：https：//app.morpho.org/