RWA's leveraged protocol 3F has raised $4 million in funding, led by Maven 11.

3F, a vault protocol built on the decentralized lending protocol Morpho, has raised a total of $4 million in funding, led by Maven 11, with participation from F-Prime, GSR, Gate Ventures, and others. The company did not disclose its specific valuation. 3F, built on Morpho, aims to provide users with RWA leverage exposure through a "one-click" process. Users simply select the target asset and leverage ratio, and the protocol automatically completes the entire asset creation process: purchasing the underlying asset through short-term bridge financing, depositing it as collateral into Morpho, and borrowing stablecoins to repay the financing. This mechanism essentially simplifies the traditional DeFi "looping" process—repeatedly buying assets, mortgaging, borrowing, and reinvesting. While this process can be efficiently completed with flash loans in pure crypto assets, it is typically more complex and inefficient in RWA scenarios due to settlement delays and other issues. 3F is expected to officially launch in the second quarter of this year.