The market is slightly stagnant, and the Alpha market has started again... The 24-hour contract trading volume of FOLKS has ranked third on the leaderboard, second only to BTC and ETH, reaching a high of 2.35 billion US dollars. After several rounds of ups and downs, the current OI is still 29.83 million US dollars; Let's take a look at the current contract holdings of Binance Smart Money together Out of 294 smart money traders, 65% of the accounts (191) chose to go long, with a total position of $6.18 million and an average opening price of $21.88 And 35% of the Air Force (103 units) hold a position of $2.57 million, with an average opening price of $15.64, most of which should be the gateway for carrying orders at low points: https://www. (binance.com)/zh-CN/smart-money/signal/FOLKSUSDT? TimeRange=30m&side=BOTH&sortBy=TIME&sortOrder=DESC&page=1. Looking at Folks' business data again, this is actually a DeFi project that has been developing since 2021, with the latest positioning as a cross chain lending protocol; TVL is $92.14 million, but DeFiLama shows a significant increase in TVL and lending data over the past 25 years, which should be strongly related to the points program (which started at the end of 2024 and the beginning of 2025). Season 2 is still ongoing, and you can earn points as soon as you borrow and repay; On the other hand, staking activities have indeed locked in some tokens, and 30% APY for 30 days can still attract many people, further reducing the circulating tokens; However, whether it's points or staking, due to the significant fluctuations in coin prices, it's better to conduct research and participate cautiously, DYOR