If you have been following DeFi recently, you cannot avoid @FolksFinance and its token $FOLKS.

In a phase where market sentiment is fluctuating and liquidity is tight, it has still achieved performance starting from $2 and reaching over $17 at its peak, realizing nearly an 8-fold increase since its launch. This is not simply emotional speculation, but the market's true pricing of its fundamentals and long-term potential.

Folks Finance is not a "new narrative project." It has been deeply engaged in DeFi for more than five years and was initially a leading lending protocol in the Algorand ecosystem. It has now evolved into a true cross-chain DeFi hub. It addresses the core pain point that has long existed in DeFi—liquidity fragmentation: users can deposit assets on any supported chain and borrow directly from other chains without the need for cross-chain bridges or wrapped assets, providing a very smooth experience.

With the advancement of xChain V2, Folks is pushing "unified liquidity lending" towards industry standards, supporting more non-EVM chains, and providing deeper cross-chain integration for advanced strategies. At the same time, the Folks Mobile currently in development is also attempting to bring DeFi into broader real user scenarios in a compliant and friendly manner, not just for seasoned on-chain players.

From an ecosystem perspective, Folks has covered 9 mainstream chains including Avalanche, Ethereum, Base, BNB Chain, Arbitrum, Polygon, Algorand, Sei, and Monad, supported by top-tier infrastructures such as Wormhole, Chainlink CCIP, and Circle CCTP.

At the token level, $FOLKS realizes multi-chain native circulation through Wormhole NTT, with its FDV ranking second only to Aave and Morpho in the EVM lending space. It has also recently launched futures on Bybit. Meanwhile, the ongoing $FOLKS staking (approximately 30% APR for 30 days), Folks Points Season 2, and Airaa creator incentive activities provide clear and realistic participation paths for both users and creators.

In my view, Folks is not a short-term hotspot, but one of the core infrastructures betting on the next phase of DeFi: cross-chain, unified liquidity, and real usage scenarios. This is why more and more people continue to pay attention and lay out plans for $FOLKS .