Folks Finance Staked xALGO

Folks Finance Staked xALGO

xalgo ASSET
Explorers: solscan.io intel.arkm.com

Market Data

Folks Finance Staked xALGO Price
$0.18
Folks Finance Staked xALGO 7d Change
+0.00%
Folks Finance Staked xALGO Market Cap
$7.32K
Folks Finance Staked xALGO 24h Volume
$93.91
Folks Finance Staked xALGO FDV
$7.32K
Folks Finance Staked xALGO Circulating Supply
41,321
Folks Finance Staked xALGO All-Time High
$0.93

About Folks Finance Staked xALGO

xALGO is the primary liquid staking token on the Algorand blockchain, issued by Folks Finance. It represents staked ALGO, allowing users to earn Algorand Consensus Rewards while maintaining liquidity within the DeFi ecosystem. As rewards accumulate, xALGO appreciates in value relative to ALGO and can be used as collateral, traded, or borrowed against. Additionally, a fully collateralized wrapped version of xALGO exists on the Solana network, facilitated by Glitter Finance, to enable cross-chain interaction and yield optimization.

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