FOLKS

FOLKS is the native token of Folks Finance, a cross-chain decentralized finance protocol that lets users supply, borrow, and manage digital assets across multiple blockchains from a single interface. The protocol targets both retail users and institutions who want to lend or borrow without needing to bridge assets, wrap tokens, or fragment their liquidity across separate chains. It uses interoperability technologies including Chainlink CCIP, Circle CCTP, and Wormhole to keep liquidity unified and assets collateralized natively across ecosystems such as Ethereum, Avalanche, Algorand, Arbitrum, Polygon, and BNB Chain.

Folks Finance operates as a DeFi application layer, meaning it does not run its own blockchain or consensus mechanism but instead lives on top of the chains listed in its ecosystem categories. The protocol uses cross-chain messaging standards to coordinate positions and liquidity across those networks without requiring users to move assets through traditional bridges. The FOLKS token functions within this system as a protocol token, though the data provided does not specify its precise governance or utility mechanics beyond its role in the broader lending and borrowing platform.

The data stored for this asset does not include a fee stream, revenue figures, or protocol earnings, so no fee-based measures such as fee yield or revenue multiples are available on this page. What is recorded is a circulating supply of 17,985,138 FOLKS against a maximum supply of 50,000,000, meaning roughly 35.97 percent of all tokens that will ever exist are currently in circulation at the time of this snapshot. The remaining supply not yet in circulation represents a dilution overhang of approximately 178 percent relative to the current circulating supply, and the fully diluted valuation is 2.78 times the current market capitalisation of 42,657,535 USD.