Profile
USDF profile facts
Aster USDF (USDF) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Other coins using the USDF ticker
- Falcon USD (USDf) · Active · US Dollar. USDf is Falcon Finance's overcollateralized synthetic dollar minted 1:1 from stablecoins or via dynamic ratios against BTC.
- Flipcash USDF (USDF) · Pre-launch · US Dollar. USDF is Flipcash's dollar stablecoin and the first Coinbase Custom Stablecoin.
- Collateral
- USDT held by custodian Ceffu; deployed in delta-neutral strategies (long spot + short perpetuals) executed via Ceffu MirrorX on Binance
- Peg mechanism
- Minted against USDT at a 1:1 reference; issuer-documented redemption charges 0.1% and takes 1-2 days for standard amounts or up to 7 days for large amounts. Yield accrues to asUSDF from delta-neutral positions on Binance through Ceffu MirrorX.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across BSC.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
USDF quick answers
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What is Aster USDF (USDF)?
USDF is Aster's delta-neutral synthetic dollar on BSC, minted 1:1 against USDT; yields from BTC/ETH funding-rate arbitrage via Ceffu MirrorX on Binance. The static profile records its US Dollar peg mechanism as: Minted against USDT at a 1:1 reference; issuer-documented redemption charges 0.1% and takes 1-2 days for standard amounts or up to 7 days for large amounts.
Is USDF safe?
As of Oct 24, 2026, Pharos grades USDF D (45/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs USDF?
Pharos records USDF's reserves as of Sep 29, 2026 as 100% USDT-funded spot crypto and corresponding short futures positions. Reserve evidence: curated reserve profile. Pharos classifies the backing as Crypto-Collateralized.
Can USDF be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
How do you redeem USDF?
Under the route Pharos reviewed on May 14, 2026, any holder can redeem USDF for USDT. Settlement takes multiple days. The reviewed redemption fee is 0.1%. Whether a given holder qualifies is set by the route's own terms, not by this summary.
