What Folks Finance is
Folks Finance (FOLKS) is a token issued on BNB Chain, currently ranked 446th by market capitalization among the assets we track. Folks Finance is an ecosystem token: it runs as a token on an existing smart-contract chain rather than operating its own base layer. Its data doesn't slot it into a clear sector beyond the network it's deployed on, so its specifics come from the project itself.
Folks Finance (FOLKS) is a decentralized finance platform that enables users to borrow and lend assets on the Algorand blockchain, facilitating efficient financial transactions within a secure environment. It aims to enhance the accessibility and usability of DeFi services for its users.
How to approach Folks Finance
Because Folks Finance is a token on a larger network, it inherits that chain's infrastructure but stands on its own demand. The useful signals are liquidity, supply, and whatever the project documents — not a sector narrative our data can't confirm.
Background & fundamentals
Folks Finance is issued as a token on BNB Chain rather than running its own base-layer blockchain. Folks Finance first went live in 2022, giving it roughly 4 years of on-chain price history to draw on. The project describes its organization as none.
CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Recently Added, Arbitrum Ecosystem, and Base Ecosystem.
Where Folks Finance sits in the market
Trading around $2.13, Folks Finance carries a market capitalization of $35.57M. Around $679.10K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.91% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Total issuance is capped at 50M FOLKS. FOLKS remains -96% beneath its all-time high of $49.24, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.5003, FOLKS is up +326%.
What the price history shows
Recent moves read 24-hour +0.46%, 7-day -16.12%.
Volatility profile
Recent action puts Folks Finance in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities.
How to evaluate Folks Finance
For an asset of this type, three lenses matter most:
- Liquidity — how deep and reliable trading in FOLKS actually is, since thin books amplify both moves.
- Supply dynamics — circulating versus maximum supply and the dilution that implies.
- Primary sources — what the project itself documents, because standardized sector data on FOLKS is limited.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
