Folks Finance Lending · Algorand

ALGO

Overview

The Folks Finance Lending ALGO pool on Algorand is a single-asset lending position where suppliers earn variable interest on ALGO deposits. The protocol generates yield by matching borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 2.22%, with no additional reward component. Over the past seven days, this rate has risen slightly by 0.01% and over the last thirty days it has increased by 0.08%. This current rate is above the 30-day mean of 2.16%.

TVL in the pool totals $3.57M with no reported change over the past week. The primary risk here is smart-contract exposure, as this is a lending arrangement without multi-asset or stablecoin characteristics that would introduce other forms of risk.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 2.10%; 30-day mean is 2.06%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 69% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.