Folks Finance

Folks Finance

Folks Finance is a community-driven decentralized platform providing permissionless DeFi tools like lending, borrowing, staking, and trading across multiple networks including Algorand, Avalanche, Ethereum, and Base. Initially the leading DeFi protocol on Algorand, Folks has evolved into a dynamic, multichain DeFi hub, leveraging messaging layers technology for expansive growth. With its innovative hub-and-spoke model, the platform offers a seamless, intuitive user experience, abstracting the complexities of cross-chain interactions.
Distributed

Ultraswap


Project Links


Description

Folks Finance is a decentralized finance platform that provides users with services such as deposits, loans, and trading through its Ultraswap feature. It allows users to interact with decentralized smart contracts via a user-friendly frontend.

TVL: $64K

Chains:
Algorand

XALGO Liquid Governance


Project Links


Description

Folks Finance provides a frontend interface for users to access decentralized smart contracts on the Algorand blockchain. It offers functionalities such as cross-chain ALGO liquid governance and asset exchange.

TVL: $672K

Chains:
AvalancheEthereumArbitrumBinanceBaseAlgorand

GALGO Liquid Governance


Project Links


Description

Folks Finance is a non-custodial web dApp that runs several smart contracts deployed on the Algorand Blockchain, offering services such as lending, borrowing, trading, and managing digital assets.

TVL: $43M

Chains:
Algorand