Folks Finance Lending
Decentralized exchange — earn fees by helping other people swap tokens.
100% on Algorand · also on 0 other chains
Chains
1
Live yield options
24
Best reward rate
6.17%
Live since
2022
Where it runs
Available on 1 chains
Earn here · live yield options
Yields available on Folks Finance Lending
24 live options — yields range 0.01% to 6.17% per year, with a median of 0.08%.
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01
folks-finance-lending - XALGO Algorand
XALGO
Reward
—
→Pool size
$21.8Million
-
02
folks-finance-lending - ALGO Algorand
ALGO
Reward
2.14%
→Pool size
$4.42Million
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03
folks-finance-lending - SILVER Algorand
SILVER
Reward
0.03%
→Pool size
$2.29Million
-
04
folks-finance-lending - GOBTC Algorand
GOBTC
Reward
0.05%
→Pool size
$1.38Million
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05
folks-finance-lending - GOLD Algorand
GOLD
Reward
0.08%
→Pool size
$1.35Million
-
06
folks-finance-lending - USDC Algorand
USDC
Reward
4.5%
→Pool size
$1.32Million
All 24 yield options on Folks Finance Lending Expand →
How it works
Using Folks Finance Lending in three steps
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1
Pair two tokens
Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.
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2
Earn a share of fees
Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.
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3
Watch out for IL
If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.
Read up
About Folks Finance Lending
Description provided by the protocol team. Always verify directly before depositing funds.
Tokens earning here
Top tokens earning yield through Folks Finance Lending
Same family
Other Folks Finance products
These products share the brand but each is distinct code with its own deposits, audits, and risks. Pick the one that matches what you want to do.
Compare similar apps
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Frequently asked
What people ask about Folks Finance Lending
What is Folks Finance Lending?
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Folks Finance Lending is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.
Is using Folks Finance Lending safe?
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Folks Finance Lending has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.
How much can I earn?
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Right now yields on Folks Finance Lending run 0.0%–6.2% per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
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Folks Finance Lending runs on 1 chains, including Algorand. Each chain has its own fees and speeds — pick the one you already use.
Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.
See also
Terms used on this page
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Smart Contract
Code on a blockchain that runs automatically when called. DeFi protocols are smart contracts — bugs in the code can lose user funds.
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Audit
An independent security review of a smart contract. More audits and longer track record reduce — but never eliminate — code risk.
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Impermanent Loss
A loss LP providers experience when the two pool tokens diverge in price. The loss only crystallises if you withdraw at that ratio.
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Oracle
An on-chain feed of off-chain data — usually prices. Lending and CDP protocols rely on oracles to liquidate positions correctly.
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TVL (Total Value Locked)
The total dollar value of assets currently deposited in a DeFi protocol. A rough proxy for adoption and trust.