Are you curious on what real DeFi usage looks like on Algorand?
To find out, you have to look straight into the raw on-chain data.
Let’s take a look at @FolksFinance, which is essentially one of the top performing dApps.
Last week alone, they’ve processed over 519,200 transactions from a dedicated base of 1,339 active users.
What strikes me is the borrowing behavior, in December 2025 $FOLKS Finance saw a massive spike in general loans, likely as users leveraged their positions for year-end strategies.
While this month, Feb 2026 started quiet, but still the cumulative deposit trend is still climbing toward $4M. Revealing that people are actively putting their capital to work for them already.
Looking at the data behind @FolksFinance performance gives a glimpse into how mature DeFi on Algorand really is and why certain platforms are leading the pack.
I wanted to share these insights because it’s one thing to hear about DeFi, but seeing the raw activity tells a story that numbers don’t lie!