Folks Finance xChain · Polygon

USDT

Overview

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

Total APY stands at 4.56%. There is no reward component, as `apy_reward` is null. Over the past week, the rate has seen a negligible increase of 0.3%, while over the last month it has risen by nearly 1%. This places the current yield slightly below the 30-day mean of 4.57%.

TVL currently sits at $954K with no reported change in the past week. The primary risk for this pool is depeg risk on the underlying stablecoin, USDT. Given its status as a single-asset stablecoin lending position, depth and stability of liquidity are critical factors influencing performance and reliability.

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.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.96%; 30-day mean is 4.04%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 56% confidence based on historical patterns.

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