Cross-Chain Lending Goes Live via Folks Finance Using Chainlink CCIP

• Folks Finance launches cross-chain lending with Chainlink’s CCIP.
• Users can deposit on one chain and borrow on another via a unified account.
• The protocol becomes one of the top transaction senders on Chainlink CCIP.

Folks Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to launch a new cross-chain lending product. The integration aims to eliminate fragmented DeFi liquidity and improve user experience across networks. The protocol is now live on Avalanche, Ethereum, Base, and BNB Chain, with plans to expand to Arbitrum.

How Folks Finance Tackles DeFi Fragmentation

DeFi users have often faced hurdles moving assets between isolated blockchains with scattered liquidity and clunky interfaces. Folks Finance addresses this directly with its new Chainlink CCIP integration, allowing deposits on one chain and borrowing on another via a single unified account – eliminating complex manual bridging and multiple wallet juggling.

Related: Chainlink (LINK) Price Prediction 2025-2030: Can LINK Reach New Highs in the Coming Years?

Folks Finance CEO Bernardo Biondi confirmed the launch of the cross-chain lending feature. “We rece…

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