In today's world where multi-chain has become the norm, the real bottleneck of DeFi is no longer the number of products, but the severe fragmentation of liquidity. Assets are dispersed across different chains, and users have to operate between chains, which not only complicates the process but also involves bridging risks and costs, making it difficult for DeFi to accommodate larger amounts of funds and more complex needs. @FolksFinance $FOLKS Finance is attempting to solve this long-standing issue that has never been truly tackled.

Folks started on Algorand, and after more than five years of continuous development, it has gradually evolved into a DeFi protocol centered around cross-chain lending, with "unified liquidity" as a long-term goal. Unlike common cross-chain solutions, Folks does not simply "move assets around"; from the very beginning, it has designed cross-chain lending as a native capability: users can deposit assets on one chain and borrow assets on another chain without using traditional cross-chain bridges or wrapped assets, fundamentally reducing the complexity and risk of cross-chain operations.

Currently, Folks has covered 9 mainstream public chains including Avalanche, Ethereum, Base, BNB Chain, Arbitrum, Polygon, Algorand, Sei, and Monad, and has integrated mature cross-chain and communication infrastructure such as Wormhole, Chainlink CCIP, and Circle CCTP, making this model scalable and secure.

The upcoming xChain V2 will further extend this idea. The new version will focus on optimizing cross-chain market efficiency, introduce support for more non-EVM chains, and directly integrate complex strategies into the protocol layer instead of relying on external combinations. This means that in the future, when users engage in cross-chain leverage, fund scheduling, or strategy execution, their experience will be closer to "single-chain operations."

Combined with the long-term support of first-tier institutions such as Coinbase Ventures, Jump Crypto, and ParaFi, as well as the distribution of 1.5 million $FOLKS airdrops to real active users in the first quarter, Folks seems to be building the infrastructure for cross-chain DeFi to become the norm in advance, rather than chasing short-term narratives. What it is truly betting on is the next default form of DeFi in the multi-chain era.