Folks Finance Lending · Algorand

GOBTC

Overview

The Folks Finance Lending GOBTC pool on Algorand is a single-asset lending position where suppliers earn variable interest on Bitcoin-denominated tokens, GOBTC. The protocol generates yield by routing borrowing demand against pooled GOBTC liquidity and distributing the resulting interest spread to lenders.

Total APY stands at 6%, with no additional reward component. Over the past week and month, the trend has been upward, increasing by 1% in both periods. This current rate is above the 30-day mean of 5.23%.

TVL currently sits at $1.29M without a reported change over the last seven days. The primary risk here is smart-contract exposure due to the single-asset nature of the pool, with no impermanent loss or depeg risks present. This lending utilisation rate aligns well within typical ranges for Folks Finance’s protocol category.

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 0.08%; 30-day mean is 0.08%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 59% confidence based on historical patterns.

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