Folks Finance (FOLKS) — price, funding and open interest
FOLKS/USDT perpetual on Binance · KuCoin · BingX · Bybit · MEXC · Bitget · Gate · Kraken: price 2.6370, 24h turnover $69.0M. 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
What the data shows
FOLKS trades at 2.6370. Over 288 days it ranged between 0.8376 and 49.80; the price now sits in the lower third of that range — 4% 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 +0.1301%: longs pay shorts, so positioning leans to buyers. That is the 99th percentile for the month — a stronger long lean than almost any time in the past month.
24-hour turnover is $69.0M — the 98th percentile for the year: noticeably busier than usual.
The daily range is 55.9% and five-minute NATR is 4.55%. That range is in the 98th percentile for the year — an unusually wide day.
Volume over the last five minutes is 3.4x the usual for this instrument.
Binance pays +0.1301% and Bybit +0.1466% — a gap of 0.0164 percentage points, higher on Bybit.
Open positions in FOLKS are worth $19.9M. Over the past hour open interest fell by 18.80%. That is an ordinary level for this coin — the 64th percentile.
Traded on 8 venues: Binance, KuCoin, BingX, Bybit, MEXC, Bitget, Gate, Kraken — the price is cross-checked across several sources.
FOLKS correlation with Bitcoin over 24 hours is -0.30 — it moves against Bitcoin.
Over the day +21.77%, over the hour -13.31%, over the last five minutes -1.21% — the pace is steady.
By turnover it ranks 125 of 2015 instruments in the screener.
By daily range it ranks 49 of 2015.
NATR is 0.91% on the minute and 6.73% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
Kairo- VolumeVolume spike ×3.4 against its own five-minute norm. FOLKS traded $69.0M over 24h.
- PriceFOLKS moved +21.77% in 24h, day range 55.9%.
- FundingRate +0.1301% is the 99th percentile for the year: longs pay shorts more than almost ever in this coin's history.
- VenuesVenue rates diverged: Binance +0.1301%, Bybit +0.1466%. Gap 0.0164 points — sentiment differs between venues.
- PositionsOpen interest fell -18.80% in an hour — positions in FOLKS are being closed.
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
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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.