When market sentiment is being pulled back and forth, and most projects choose to remain still, $FOLKS completed a beautiful start amidst low noise — rising from $2 to over $17, achieving more than 8 times the increase in a volatile market, and the feedback from funds has been very direct: @FolksFinance is regarded as a long-term option.
Folks Finance has spent five years refining one thing — a unified experience in cross-chain DeFi. It has evolved from being a leading lending protocol in the Algorand ecosystem to a cross-chain DeFi hub covering multiple mainstream public chains, centering around unified liquidity and providing lending, trading, leverage, and liquidity staking. The core mechanism is straightforward: store assets on one chain and borrow money directly on another chain, without needing cross-chain bridges or wrapped assets.
This design is being further amplified with xChain V2. The new version will support more chains and a more efficient cross-chain market structure, making unified liquidity lending not just a "feature" but a default configuration. Currently, Folks has covered 9 chains and is supported by top-tier infrastructures such as Wormhole, Chainlink CCIP, and Circle CCTP.
$FOLKS achieves multi-chain circulation through Wormhole NTT, and based on FDV calculations, it has entered the top three in the EVM lending track, second only to Aave and Morpho, and has been listed on multiple top exchanges, with Bybit futures recently added.
The participation method is equally clear: $FOLKS is conducting a 30-day staking with an annualized return of about 30%; Folks points for the second season have begun, with the first season having airdropped 1.5 million $FOLKS; creators can also compete for over $500,000 in rewards through the Airaa event.
With support from top institutions such as Coinbase Ventures, Jump Crypto, and ParaFi, @FolksFinance is gradually pushing cross-chain lending toward the next stage of DeFi.
