Liquidity depth per major asset
Falcon Finance's assessment for RD-F-065 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Primary exit mechanism is direct protocol redemption (off-chain, team-managed), not DEX swap. On-chain secondary DEX liquidity for USDf/sUSDf not measured. Docs confirm 20% of altcoin holdings kept on exchanges for instant liquidation. No redemption T+N SLA published. DEX subgraph data not obtained within time budget.
Detail #
Docs (falcon.finance/news/a-guide-to-transparency-and-security-in-falcon-finance): 'Falcon maintains at least 20% of altcoin holdings on exchanges to allow instant liquidation if needed.' No DEX depth data from Uniswap/Curve/Balancer subgraph found for USDf pairs. Redemption mechanics: team-managed off-chain liquidation of collateral. Cooldown: not documented for base sUSDf (fixed 3m/6m for restaked positions only).
Sources #
- URLFalcon Finance — Guide to Transparency and Security (20% on-exchange liquidity threshold)https://falcon.finance/news/a-guide-to-transparency-and-security-in-falcon-financeretrieved 2026-05-12
- Falcon Finance Docs — Restaking sUSDf (fixed 3m/6m lock for boosted yield)https://docs.falcon.finance/earn/restaking-susdfretrieved 2026-05-12
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →