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 through a single interface. The protocol targets both retail users and institutions who want to interact with lending and borrowing markets on chains such as Ethereum, Avalanche, Algorand, Arbitrum, Polygon, and BNB Chain without needing to wrap tokens or split their liquidity across separate platforms. It uses interoperability infrastructure, specifically Chainlink CCIP, Circle CCTP, and Wormhole messaging, to keep liquidity unified across these ecosystems.

Folks Finance connects lending pools on different blockchains by routing messages and assets through third-party interoperability protocols rather than traditional bridges, so collateral posted on one chain can support a borrow position on another without creating synthetic or wrapped representations of the underlying asset. The FOLKS token functions within this multi-chain DeFi application, though the data available here does not detail the precise governance, staking, or fee-distribution mechanics the token carries within the protocol. The token exists across the ecosystems listed in its category profile, consistent with the protocol's cross-chain design.

The data stored for FOLKS does not include a fee revenue stream, so fee-based measures such as protocol earnings or fee yield are not available on this page. What is recorded is a 24-hour turnover figure of approximately 2.10 percent, which reflects trading volume relative to market capitalisation over that period. The circulating supply stands at roughly 17,984,651 FOLKS against a maximum supply of 50,000,000, meaning about 35.97 percent of the total supply is currently in circulation at this point in time. The remaining supply not yet issued represents a dilution overhang of approximately 178.01 percent relative to the current circulating supply, also measured on a point-in-time basis.