Folks Finance is a leading decentralized finance (DeFi) protocol originally built on the Algorand blockchain. It enables users to access lending, borrowing, and staking services in a fully decentralized and permissionless way, empowering individuals to manage their digital assets efficiently.

As the platform evolved, Folks Finance expanded beyond Algorand to become a multichain DeFi hub, connecting liquidity and opportunities across multiple blockchains through advanced cross-chain messaging technologies. This innovation allows users to interact seamlessly across ecosystems without the need for complex bridging processes.

Through its hub-and-spoke architecture, Folks Finance offers a unified and intuitive experience for users and developers alike. Alongside its xChain dApp and liquid staking solutions like xALGO, the platform continues to drive DeFi accessibility, scalability, and interoperability across the broader blockchain landscape.