Folks Finance is entering its next chapter with Folks Markets, a new lending platform designed to support dedicated markets across blockchain ecosystems and asset classes, one-click strategies, and preferential rates for $FOLKS holders.

Expected to launch in Q1 2027, Folks Markets builds on five years of experience, over $13 billion in cumulative deposits volume and more than 240,000 users, following the previously announced xChain transition.

Introducing Folks Markets

Folks Markets introduces a hybrid approach combining modular and monolithic lending, with dedicated markets tailored to different ecosystems and asset classes.

The upcoming platform will introduce new use cases and features, including:

• Dedicated lending markets: tailored to individual ecosystems and asset classes.
• Advanced lending capabilities: multi-collateral and multi-borrow markets, new IRMs like fixed rates, targeted borrowing rates, and more.
• One-click strategies: simplified access to advanced lending and borrowing strategies.
• Expanded $FOLKS utility: preferential rates for FOLKS holders and incentives.

Folks Markets’ infrastructure will be powered by Onlend, a modular, no-code lending infrastructure platform designed to support the creation and management of customizable lending applications.

Onlend’s infrastructure will enable Folks to combine flexible market configurations with advanced lending functionality, supporting a broader range of use cases and asset classes.

Scaling Toward $1 Billion in TVL

Folks Finance plans to introduce new incentive programs with Folks Markets to bootstrap liquidity and support growth toward its $1 billion TVL target.

Alongside market expansion, distribution will be a central part of the strategy. Folks Markets is being designed for ease of integration into third-party applications, allowing users to access selected lending functionality through products and interfaces they already use.

One example is Wield Money, a separate consumer application planning to integrate access to selected Folks Markets yield opportunities and borrowing functionality. The integration is expected to bring DeFi lending features to a broader audience through a simplified user experience, subject to Wield Money’s terms and eligibility restrictions.

“The opportunity in onchain lending is no longer just about supporting more chains. It’s about making more assets useful and bringing lending markets to more users,” said Benedetto Biondi, CEO of Folks Finance. “Folks Markets brings these priorities together through dedicated markets, more flexible lending tools, and integrations with products people already use.”

Looking Ahead

With its launch expected in Q1 2027, Folks Markets represents the next step in Folks Finance’s mission to expand the possibilities of decentralized lending.

More details on supported markets, integrations, incentives, and additional features will be shared as development progresses.

Follow Folks Finance on its official community channels for future announcements: https://linktr.ee/folksfinance

The following piece was written by Benedetto Biondi, CEO of Folks Finance, outlining his direct vision for where Folks is heading in 2026.

Over the last few years, DeFi has grown fast but not cleanly, with more chains, products, and options than ever before. What we didn’t solve was how all of this works together efficiently and securely.

We have seen major products defaulting, as we didn’t bleed enough in 2022. After the Terra-Luna crash, liquidity is still fragmented, incentives are wasted to attract mercenary capital, and users still need to bounce between a dozen apps. Builders have to choose between safety and flexibility. That tradeoff has shaped most DeFi designs so far.

Monolithic systems like Aave give security, but make evolution slow. Flexible models like Morpho unlock new strategies, but also introduce risks when pushed too far. Neither approach, on its own, is enough for the next phase of DeFi.

A different approach with @FolksFinance’s xChain V2

xChain proved that crosschain lending can work, but even with unified liquidity pools, V1 is built as a monolithic system, limiting the flexibility that vault-based designs offer. V2 is about scaling.

With xChain V2 we’re combining what works from both monolithic & vault systems, while keeping the innovative crosschain infrastructure. xChain V2 takes the foundations of crosschain lending and prepares them for a hybrid expansion:

• expand beyond the current limits of monolithic DeFi lending
• connect EVM and non-EVM environments in one system
• offer for the first time crosschain vault-based loans

This opens the door to strategies that were previously impractical, while keeping a structure to manage risk properly. It also creates something DeFi still lacks: crosschain lending infrastructure other teams can use to build on without rebuilding the same components every time.

To support the rollout, we’re allocating 1,000,000 FOLKS in incentives to bootstrap V2 TVL growth, and reward exploration of the new system as it scales toward the $1B TVL target.

@FolksMobile: making DeFi usable beyond current DeFi users

DeFi will not reach mainstream adoption because more people learn what DeFi is. It will reach mainstream adoption when people can use its benefits without needing to understand the mechanics. Folks Mobile is building toward that direction.

The product goal is straightforward:

• a mobile experience that feels normal from the first tap
• practical tools like DeFi loans-backed spending on debit card (and much more)
• complexities running quietly in the background

By leveraging the licensed VASP, Folks Mobile is being built under a regulated framework where Folks Finance’s onchain markets are integrated directly into the Folks Mobile experience. The goal is not to expose users to DeFi interfaces, but to let DeFi efficient infrastructure power familiar financial actions in the background.

The long-term bet here is simple:

Protocols can build the best infrastructure in the world and still lose if they don’t reach users. Distribution matters. Folks Mobile is how we plan to do distribution correctly.

A New EVM Liquid Staking Token: expanding where capital and yield already live

We’re also developing a new EVM liquid staking token arriving in 2026.

Liquid staking is already a core part of how capital moves in DeFi. If Folks wants to be a real home for capital-efficient strategies, we need to be present there with a product that is built for composability and can integrate properly into the broader system.

Alongside the LST, one-click strategy vaults will be built around the ways people actually use LSTs:

• looping-style strategies
• LST-backed borrowing setups
• stablecoin-based strategies designed to be flexible and easy to unwind

The new LST brings better control, better liquidity, better user experience, higher efficiency and stronger performance.

What we believe

We have been working on Folks for the past 5+ years.

The first mainnet went live shortly after the Terra/Luna crash. That timing mattered.

It forced a clear mindset early on: focus on building reliable products, not on chasing attention. Markets change. Hype comes and goes. Genuine infrastructure stays. That approach has shaped everything we’ve built since.

Folks has grown significantly over the years, reaching over $400M in TVL ATH, serving 200k+ active users, and becoming the leading crosschain lending protocol.

But relative to what we’re building toward, this is still Day 1.

If we execute well, three things will be true in the next phase of DeFi:

1. Liquidity and products will behave like one unified system, even across hundreds of chains.
2. The best DeFi products will be built on top of shared infrastructure like Folks Finance’s xChain V2, not isolated apps.
3. The mainstream will come through distribution channels like Folks Mobile, and distribution requires hiding complexity.

xChain V2 → scales the infrastructure.
Folks Mobile → scales distribution.
New EVM LST → expands our presence where yield and strategies already live.

With the 2026 roadmap, we can scale Folks from where it is today to serving the next millions of users.

Benedetto Biondi
CEO, Folks Finance

A three-pronged points campaign is launching on Monad, bringing together Folks Finance, Kintsu, and Haha Wallet to give users a method to collect points across three apps at once. Starting December 22nd, 2025, and ending January 22nd, 2026, users can complete a simple flow that activates point boosts across each participating platform.

The process is straightforward. Using Haha Wallet, mint sMON through Kintsu’s liquid staking protocol, and then collateralize that sMON on Folks Finance. This single sequence — stake, mint, collateralize — qualifies participants for points bonuses on Kintsu, Haha Wallet, and Folks Finance simultaneously: watch tutorial.

All users who complete the required steps with any amount of sMON will be eligible for rewards.

For completing the task during the campaign, you will receive:

• 10,000 FOLKS Season 2 Points
• 500 Karma (Points) from Haha Wallet
• Part of a total 450,000 Kintsu Points to be distributed during the campaign

If you hold a Folks Founders Pass NFT, you will receive a bonus:

• 10,000 Points for Silver
• 20,000 Points for Gold
• 30,000 Points for Black

If you hold a Folks Founders Pass NFT, you will benefit from:

• 15% bonus on Haha Wallet Karma for the remainder of Haha Season 1

For all NFT-related rewards, make sure you hold the NFT in the address through which you are completing the task.

The campaign concludes on January 22. Points from Folks Finance will be distributed after the campaign ends, while Kintsu and Haha will give daily points distributions. More details will be shared throughout the campaign. For now, the path is clear: mint sMON with Haha Wallet, collateralize it on Folks Finance, and earn amplified rewards across the full stack of participating platforms.

Official Links
Website: https://folks.finance
X: https://x.com/FolksFinance
Discord: https://discord.com/invite/folksfinance
Telegram: https://t.me/FolksfinanceOfficial/

Folks Finance is pleased to announce the listing of shMON on xChain, the liquid staking token built by Fastlane on Monad. Users can now deposit shMON and use it as collateral, unlocking capital efficiency while staying exposed to Monad staking rewards.

shMON represents staked MON on Monad, issued by Fastlane’s liquid staking infrastructure. By holding shMON, users retain liquidity while continuing to earn staking yield, enabling them to participate more actively in DeFi without unbonding or giving up rewards.

With shMON on Folks Finance, users can put their staked Monad position to work — borrowing, reallocating liquidity, and compounding opportunities across chains. Eligible positions may also qualify for live incentives and Folks Points, further enhancing capital efficiency.

Start using shMON on Folks Finance: https://xapp.folks.finance/

Folks Finance delivers crosschain lending, borrowing, staking, and trading across leading blockchains. By combining the security and structure of traditional finance with the transparency and innovation of DeFi, Folks Finance continues to build the foundation for a global onchain economy.

Stay tuned for updates on xChain listings, incentive programs, and more by following Folks on socials: http://linktr.ee/FolksFinance.

Folks Finance is expanding its product line again with a new Liquid Staking Token for an undisclosed EVM network, arriving in 2026. The launch extends Folks’ commitment to building high-quality, composable yield products that give users more control, more flexibility, and more opportunity across chains.

The LST begins with a familiar foundation: a reliable asset that captures staking rewards of its network while remaining fully liquid. But the long-term vision goes far beyond that. Alongside the base token, Folks Finance will introduce a suite of specialized vaults designed for tailored liquid staking strategies, built to be accessible with a single click.

These strategy vaults will support multiple yield approaches already gaining traction across Folks, including LST looping, LST-backed stablecoin leverage, and stablecoin-based looping for amplified rewards. Users will be able to enter these strategies without the complexity normally associated with multi-step DeFi operations, benefiting from automated execution and risk-conscious parameters.

The broader goal is to address a pain point across the ecosystem: many stablecoins and yield products still come with long, inflexible unwinding periods. Folks’ new LST is designed to offer a better experience: more liquid, more efficient, more flexible, and ultimately more usable for both casual and advanced yield-seekers. To support this, Folks Finance plans to collaborate with proven, institutional-grade staking partners to ensure security and consistency at every layer.

More previews and technical details coming soon. As always, the rollout will be measured and transparent.

Over the years, Folks Finance has already demonstrated its ability to ship category-leading staking products. First delivering the leading liquid governance solution on Algorand (gALGO), and later the leading liquid staking token after the chain’s transition to staking rewards (xALGO), powering everything from the staking to advanced strategies such as one-click looping now used daily across the ecosystem. In parallel, Folks has grown into the leading crosschain DeFi lending protocol, proving its ability to expand beyond a single-chain focus and build infrastructure that scales across multiple networks.

Stay tuned on Folks Finance’s channels to follow the progress and be ready for launch.

https://linktr.ee/folksfinance

To support the rollout, Folks Finance will allocate 1 million FOLKS toward incentives — fueling early unified pools, supporting strategy vaults, and rewarding users who explore the new system as it scales toward the target of $1 Billion in TVL.

Following a successful TGE, Folks Finance is turning its sights to a new target: the development and release of xChain V2. Building on the foundation of xChain V1 — the first protocol to successfully deliver real crosschain lending across eight networks — V2 represents a complete upgrade designed for broader reach, efficiency, and expansion.

xChain V1 introduced an architecture that connected multiple blockchains through a single lending experience. V2 takes that invention and prepares it for massive scale, with one of the most meaningful advancements being the combination of EVM and non-EVM environments.

V2 also introduces for the first time crosschain vault-based loans, expanding one of the most popular DeFi primitives into a crosschain environment for the first time. This unlocks a new generation of yield strategies that were previously impossible. Curated yield markets across multiple blockchains will be accessible from a single interface.

Beyond core lending, xChain V2 in partnership with Folks Mobile, will bring a debit card integration, enabling users to borrow against their collateral and spend the borrowed funds directly. This allows users to continue collecting yield while maintaining liquidity access. It’s a practical extension of DeFi’s capabilities into everyday life, designed for everyday use.

FOLKS token utilities will also expand alongside V2, with additional details to be shared closer to launch.

xChain V2 is currently in development. Folks has been the leading crosschain lending protocol for over a year, gaining significant market experience which will bring Folks V2 development far ahead of competitors. Exploration has been underway for months, and with the TGE complete, the team is now moving into full build mode.

More details, previews, and technical updates will be shared as the work unfolds. Stay tuned on Folks Finance channels for progress as xChain V2 approaches launch.

https://linktr.ee/folksfinance

Season 2 is now in full swing, with new opportunities, a fresh leaderboard, and powerful new ways to push your Folks Points score higher.

A Quick Look Back at Season 1

Season 1 ended with a major $FOLKS distribution, and showed how rewarding participation can be:

• 5,770 users received the FOLKS community drop
• 1,500,000 tokens were distributed
• The average participant allocation was ~300 FOLKS
• Claims came from all 8 supported chains: Avalanche, BNB Chain, Ethereum, Algorand, Sei, Base, Polygon, Arbitrum.

To give a sense of how impactful even light participation was in Season 1: the minimum eligibility tier (1M points → 50 $FOLKS) was reached by users who supplied even a few hundred dollars and used different strategies for merely a week or two.

In season 2, the mission is the same: reward active users who build consistently and grow with the protocol.

What’s New in Season 2

Season 2 introduces high-impact point sources that give active users more ways to climb:

🔹 Repaying Interest
Every $1 of interest repaid = 10,000 Points

🔹 Swaps via Folks Router
Every $1 swapped = 100 Points

🔹 Flash Loans (Algorand)
Every $1 used in a flash loan = 100 Points

Opportunities span across all supported chains, with fresh multipliers rolling out for new integrations and markets like Monad, and with more features as Folks expands with xChain V2 also to non-EVM ecosystems. Season 2 is part of a broader plan that will continue expanding with every new integration.

Referral System

Referrals are one of the most potent ways to collect points. The more people you refer, the more points you’ll get.

Bring someone in and:
→ They get 10,000 points on their first sign-in.
→ You earn 3% of every point they generate over time.

It’s a built-in boost for both sides, and every referral is tracked in real time on your dashboard. Start sharing your link and grow your score faster.

Points Multipliers

Activity across every supported asset and operation generates points. Each action has its own multiplier, and your dashboard tracks your full score across all markets.
The more you use the protocol, the faster your score grows.

Climb the Leaderboard

Your progress is fully transparent.
Every deposit, swap, borrow, and referral updates your position in the incentive leaderboard, showing exactly where you stand compared to the rest of the community. The leaderboard was reset for Season 2 after the first snapshot, which occurred shortly before TGE.

Start climbing today: xapp.folks.finance

Follow @FolksFinance to stay updated.

Folks Finance is now live on Monad Mainnet, bringing crosschain lending to one of the fastest EVM environments in the industry. After being one of the earliest and most-used lending protocols on Monad Testnet, Folks now brings unified crosschain lending to mainnet, allowing users to lend and borrow across Monad and all integrated chains from a single account.

The launch also expands the $FOLKS token to Monad via Wormhole’s NTT framework and activates $45,000 in $FOLKS incentives for the first time to fuel the new markets.

Why Monad?

Monad delivers execution built for scale: 10,000 TPS, sub-second finality, low fees, and a design focused on decentralized throughput. Paired with Folks Finance, Monad unlocks instant access to liquidity from multiple ecosystems, turning into a capital-efficient point of entry for crosschain lending strategies.

Efficient Lending Between Monad and Other Major Chains

At launch, supported markets include:

• MON
• USDT0
• AUSD
• sMON
• wBTC
• wETH

Users can lend, borrow, and build positions using liquidity sourced from every integrated chain, turning Folks into the ideal place for crosschain strategies across the new Monad markets.

$FOLKS Incentives Go Live

For the first time, $FOLKS incentives go live.

5,000 FOLKS (valued at $45,000 at the time of writing) are available as incentives for depositors across supported Monad markets through the Monad Rush campaign. Incentives run until December 25 and become claimable at the end of the period.

Explore the markets and farm $FOLKS for the first time: xapp.folks.finance/

About Folks Finance
Folks Finance delivers crosschain lending, borrowing, staking, and trading across multiple leading blockchains. Built for performance and composability, Folks enables unified liquidity across ecosystems.

About Monad
Monad is a next-generation, Ethereum-compatible Layer 1 delivering high throughput, fast finality, and cost-efficient execution. Optimized for developers and onchain applications, Monad now supports crosschain DeFi through Folks Finance.

Folks Finance, the leading crosschain lending protocol backed by Coinbase Ventures, Jump, ParaFi, and Borderless Capital has launched its native token, FOLKS, on Thursday, November 6th, 2025.

FOLKS is available for trading on centralized and decentralized exchanges:

• Binance Alpha Trading: 12:00 UTC
• Binance Futures (Perps): 12:30 UTC
• Kraken & Kucoin: 13:00 UTC
• BloFin: 14:00 UTC
• BingX: 14:30 UTC
• DEXs: PancakeSwap (BNB Chain), (Avalanche: LFJ), Tinyman (Algorand), and more coming soon after.

The launch marks the start of a new growth phase for the protocol, which has surpassed $400 million TVL (ATH) and onboarded over 200,000 users on across eight chains since mainnet in 2022.

Folks Finance enables users to lend, borrow, and manage assets across multiple blockchains from a single account without the need for bridging or wrapping.
Its crosschain engine, built on Chainlink CCIP, Circle CCTP, and Wormhole, synchronizes liquidity between ecosystems, creating an interconnected foundation for capital-efficient DeFi.

The FOLKS token has launched with the Wormhole NTT crosschain standard, becoming the core unit of coordination, governing protocol decisions and powering long-term incentive frameworks.

xPortal is live, enabling native transfers of FOLKS across Avalanche, Ethereum, Base, BNB Chain, Arbitrum, Polygon, Algorand, and Sei.

Airdrop Season 1
Claiming opens at 14:00 UTC at claim.folks.finance.
Full details are available in the official announcement article.

“After five years of building, the FOLKS token launch is a major milestone, but it’s still only the beginning.” said Benedetto Biondi, CEO of Folks Finance. “What excites me most is what will come next: a mobile application, new LST, and xChain V2, combining monolithic and vault-based models to enable advanced yield strategies. The foundation is set — now it’s time to expand exponentially.”

Official links
Website: https://folks.finance
X: https://x.com/FolksFinance
Discord: https://discord.com/invite/folksfinance
Telegram: https://t.me/FolksfinanceOfficial/

Everything you need to know about Folks Finance’s Airdrop Season 1.

1. Overview and Launch Date

The first $FOLKS airdrop claim opens November 6, 2025, at 14:00 UTC.
You can check your eligibility directly at claim.folks.finance.
Both the eligibility checker and the claim interface are on the same page.

2. Eligibility & Snapshot

Season 1 eligibility is based on three groups:

• Folks Points leaderboard participants
• Founders Pass NFT holders
• Partner campaign winners from:
  OKX Wallet | Haha Wallet | Zerion Wallet | Gate Wallet | Airaa | Orbiter | Galxe

Snapshot was taken October 24 2025 (~11:00 UTC).
Points and NFTs collected after this snapshot already count toward future seasons.

3. Distribution Methodology

Folks Points Allocation
Rewards are calculated using a natural logarithm of each user’s total points.
This compresses extreme score gaps so both top and mid-tier participants are fairly represented.

• Minimum Eligibility: 1 000 000 points
• Maximum Allocation Cap: 5 000 FOLKS
• Minimum Allocation Floor: 50 FOLKS

Without this logarithmic weighting and cap system, the first few wallets would absorb most of the supply, making the campaign meaningless for everyone else.

Why a 1M Point Threshold?
1M points has been identified in the calculation as a minimum threshold of value to avoid sybil and bots farming.

3% airdrop allocation, will there be more in future?
Yes, this is the opening of a multi-season distribution plan. Future seasons will deploy further allocations based on new metrics and onchain activity. The goal is longevity, not a one-time giveaway.

4. Founders Pass NFT Rewards

Each Founders Pass NFT grants 30 $FOLKS, cumulative per NFT.
If the same address also holds ≥ 1 M points, it receives an extra bonus based on the NFTs held:

• 1 or more Silver NFTs → +10 FOLKS
• 1 or more Gold NFTs → +20 FOLKS
• 1 or more Black NFTs → +30 FOLKS

If an NFT was held before the snapshot but not linked to an xChain account or Algorand address, its allocation won’t appear in the checker and cannot be claimed manually. Those tokens will instead be airdropped directly to the wallet that held the NFT shortly after claiming goes live.

5. Partner Campaign Rewards

Campaign allocations (OKX, Haha, Zerion, Gate, Airaa, Orbiter, Galxe) are claimable instantly and not affected by linear unlock mode.
Zerion and Airaa rewards will be distributed directly by them; follow their official channels for timing updates.

Sybil Protection & Fairness Measures
All partner campaigns have been carefully analyzed by the Folks Finance team to identify and limit sybil patterns, bot participation, and opportunistic farming.

The objective was to ensure that real users and genuine contributors take priority in the distribution, rather than automated or multi-account exploiters.

Why NFT and Campaign Rewards Are All Instantly Claimable
Those allocations are smaller marketing rewards and handled with third-party partners, so they must remain fully liquid at claim time.

6. Leaderboard Status After Snapshot

The points leaderboard has already been updated:

• If you qualified for Season 1, your used points have been deducted and won’t appear anymore.
• If you had under 1M points, your balance remains and is already counting for future seasons.

7. Claim Options and Timelines

Eligible users can claim their allocation between
November 6 (14:00 UTC) and December 16 (13:00 UTC).

Option 1 — Instant Claim

• Receive 20% of your allocation immediately.
• No further unlocks.
  Example: User A eligible for 100 FOLKS → claims 20 FOLKS instantly.

Why Only 20% Instant?
Tokenomics were engineered for sustained price health. Instantly releasing everything would reward farmers more than long-term believers, creating short-term selling pressure that hurts everyone.

Option 2 — Linear Unlock Claim

• Receive 10% immediately, and the remaining 90% unlocks linearly over 90 days.
• Unlock period: Dec 16 2025 (14:00 UTC)→ Mar 16 2026 (14:00 UTC).
• You can claim unlocked tokens any time during the period.
• Claim window fully closes Mar 31 2026 (14:00 UTC). Unclaimed tokens after that are lost.

Example: User A eligible for 100 FOLKS → gets 10 FOLKS immediately + ~1 FOLKS/day for 90 days.

Why a 3-Month Unlock?
It filters for believers who see Folks Finance as a long-term protocol with expansion ahead. Short-term thinkers get their 20%, but those aligned with growth receive their full allocation.

8. Claim Process & Deadlines

• Choose your claim option before Dec 16, 2025 (13:00 UTC).
  Missing this deadline means losing the entire allocation forever.
• Once you confirm your choice, it cannot be changed.
• Linear unlock starts Dec 16, 2025 (14:00 UTC) → Mar 16, 2026 (14:00 UTC), claimable until Mar 31, 2026 (14:00 UTC). Any unclaimed tokens after this date will be lost.

9. Security Notice

Always verify the URL (official: claim.folks.finance) before connecting your wallet.
There will be no other airdrop pages, no DM links, and no requests for your keys or seed phrases.

10. Key Takeaways

• Season 1 claim: Nov 6 → Dec 16 claim window. Failure to choose by this deadline results in permanent loss of the entire airdrop allocation.
• Snapshot: Oct 24, 2025.
• Min 1M points = eligibility.
• Instant Claim (20 %) vs Linear Unlock (100 % over 3 months).
• Linear unlock period: Dec 16 2025 (14:00 UTC) → Mar 16 2026 (14:00 UTC), claimable until Mar 31 2026 (14:00 UTC). Any unclaimed tokens after this date will be permanently lost.
• Partner/NFT rewards = instant.
• Next season already in progress through ongoing points.

The structure is designed for stability, fairness, and a long-term community that actually uses the product, not just participates for the short-term opportunity.