Algorand (ALGO)

💜 CompX Initiative – Official Announcement

After careful consideration, the CompX Initiative will be formally winding down its operations. We would like to begin by extending our sincere gratitude to everyone who has supported the Initiative over the years. Your trust, participation, and belief made everything we built possible.

🔔 CompX Initiative Réti Pool Closure

As part of this wind-down process, the CompX Initiative Réti Pool will be closed.
If you currently have ALGO staked in this pool, please unstake your funds and migrate to another pool at your earliest convenience.

💰 CompX Perpetual Wealth Fund (CPWF)

The CompX Initiative has taken steps to unwind the CompX Perpetual Wealth Fund (CPWF).
All CPWF assets have been transferred to the CompX Community Treasury, where they will be allocated toward a repayment fund intended to help repay users impacted by the recent incident involving CompX Labs, in which admin keys associated with Orbital Lending were compromised.

For transparency, the relevant wall

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!