Ecosystem Vision Logo
Ultraswap

Ultraswap

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
TVL: $64K

Folks Finance

Folks Finance is a community-driven decentralized platform providing permissionless DeFi tools across multiple networks. Its products include xChain, which allows users to move between blockchains with ease by depositing and borrowing assets across multiple networks. It also offers a full DeFi suite on Algorand, its largest protocol, featuring lending, borrowing, liquid staking, loan looping, and a DEX router. Additionally, Folks Finance provides a testnet on Monad for experiencing cross-chain lending and unified liquidity. 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.
Explore Organization

Funding Rounds

Funding Round: Series A
Funding Date: 14 Nov, 2024
Raised Amount: $3.2M
Funding Round: Seed
Funding Date: 20 Jan, 2022
Raised Amount: $3M

Investors