Folks Finance (FOLKS) — price, funding and open interest
FOLKS/USDT perpetual on KuCoin · Binance · BingX · Bybit · Bitget · MEXC · Gate · Kraken: price 2.3270, 24h turnover $8.5M. Updated in real time.
What this is
Decentralised financeFolks Finance is a cross-chain lending protocol: deposit on one network, borrow on another, no manual bridging. It grew out of Algorand, where it was the leading DeFi app, and expanded to Avalanche, Ethereum, Base and other networks via cross-chain messaging. The FOLKS token launched in 2025 and governs the protocol. Cross-chain lending adds bridge risk on top of the usual DeFi risks — the market has learned expensive lessons there.
Chart
Chart built from data of Bybit
FOLKS unlocks
Our sources have no unlock schedule for this coin. 36.7 % of the issued supply is in circulation per CoinGecko; the rest may be locked or not yet issued.
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
FOLKS trades at 2.3270. Over 332 days it ranged between 0.8376 and 49.80; the price now sits in the lower third of that range — 3% of the way from the yearly low to the high.
All-time high is 49.80 (December 2025); the price is 95% below it now.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is percentile 0 for the month — a rare short lean for this coin.
24-hour turnover is $8.5M — percentile 92 for the year: noticeably busier than usual.
Open positions in FOLKS are worth $11.2M. Over the past hour open interest fell by 0.23%. That is at percentile 8 over three weeks: noticeably fewer positions than usual.
Over the day -7.46%, over the hour -0.20%, over the last five minutes +0.06% — the move has only just started.
NATR is 0.11% on the minute and 1.40% on the hour — the move is choppy: within an hour price travels far and comes back.
Traded on 8 venues: KuCoin, Binance, BingX, Bybit, Bitget, MEXC, Gate, Kraken — the price is cross-checked across several sources.
The daily range is 9.3% and five-minute NATR is 0.39%. That range is at percentile 52 for the year — an ordinary day for it.
FOLKS correlation with Bitcoin over 24 hours is 0.59 — it partly moves with the market.
By turnover it ranks 370 of 2160 instruments in the screener.
By daily range it ranks 1278 of 2160.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
Kairo- FundingRate +0.0050% is percentile 0 for the year: longs pay shorts more than almost ever in this coin's history.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.