Ask about Flying Tulip · freeTotal Value Locked$14.66m
TVL by Chain
Ethereum$12.13m
Sonic$2.49m
BSC$36,331
Key Metrics
Fees 30d$148,796
Fees 30d by chain
Ethereum$141,229
Sonic$7,564
BSC$1.88
Fees 7d$36,020
Ethereum$33,862
Sonic$2,158
BSC$0.41
Fees 24h$5,653
Ethereum$5,318
Sonic$334.43
BSC$0.03
Cumulative Fees$1.5m
Ethereum$1.47m
Sonic$23,659
BSC$1.92
Revenue 30d$132,738
Revenue 30d by chain
Ethereum$131,996
Sonic$739.52
BSC$1.68
Revenue 7d$31,793
Ethereum$31,591
Sonic$201.51
BSC$0.26
Revenue 24h$5,023
Ethereum$4,995
Sonic$27.48
BSC$0
Cumulative Revenue$1.46m
Ethereum$1.46m
Sonic$3,797
BSC$1.68
Holders Revenue 30d$0
Holders Revenue 30d by chain
BSC$0
Ethereum$0
Sonic$0
Holders Revenue 7d$0
BSC$0
Ethereum$0
Sonic$0
Holders Revenue 24h$0
BSC$0
Ethereum$0
Sonic$0
Cumulative Holders Revenue$0
BSC$0
Ethereum$0
Sonic$0
Market Cap$69.32m
$FT Price$0.14
Fully Diluted Valuation$73.62m
$FT Volume 24h$45,742
CEX Volume$0
DEX Volume$44,606(97.52% of total)
Active Loans$6.39m
Treasury$47.59m
Majors$10.29m
Stablecoins$37.23m
Own Tokens$4,285
Others$64,293
Total Raised$431.5m
Sep 29, 2025$200mRound: SeedInvestors: Brevan Howard, DWF Labs, CoinFund, Hypersphere Ventures, Lemniscap, Selini Capital, Nascent, Tioga Capital, FalconX, Sigil Fund, Virtuals Protocol, Republic Digital
Jan 29, 2026$25.5mRound: Series AInvestors: Amber Group, Fasanara Capital, Paper Ventures
Feb 23, 2026$206mRound: Public token sale
Protocol Information
Flying Tulip is a unified onchain financial system spanning ftUSD, lending, spot trading, derivatives, insurance, collateral management, and settlement.
- Flying Tulip LendLending
- Flying Tulip ftUSDYield Aggregator
- Flying Tulip YieldServices
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Yields
Pools Tracked2
Average Supply APY9.03%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Oct 16, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $11.03m |
| Sep 18, 2026 | $11.13m |
| Sep 19, 2026 | $11.75m |
| Sep 20, 2026 | $11.76m |
| Sep 21, 2026 | $12m |
| Sep 22, 2026 | $12.41m |
| Sep 23, 2026 | $12.51m |
| Sep 24, 2026 | $12.05m |
| Sep 25, 2026 | $12.04m |
| Sep 26, 2026 | $12.08m |
| Sep 27, 2026 | $12.06m |
| Sep 28, 2026 | $12.32m |
| Sep 29, 2026 | $12.22m |
| Sep 30, 2026 | $12.19m |
| Oct 1, 2026 | $12.34m |
| Oct 2, 2026 | $12.44m |
| Oct 3, 2026 | $12.54m |
| Oct 4, 2026 | $12.73m |
| Oct 5, 2026 | $13.06m |
| Oct 6, 2026 | $13.2m |
| Oct 7, 2026 | $13.1m |
| Oct 8, 2026 | $12.85m |
| Oct 9, 2026 | $12.6m |
| Oct 10, 2026 | $12.9m |
| Oct 11, 2026 | $13.08m |
| Oct 12, 2026 | $13.9m |
| Oct 13, 2026 | $13.76m |
| Oct 14, 2026 | $14.92m |
| Oct 15, 2026 | $14.63m |
| Oct 16, 2026 | $14.75m |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $5.05m |
| Jun 30, 2026 | $10.6m |
| Jul 31, 2026 | $14.81m |
| Aug 31, 2026 | $14.84m |
| Sep 30, 2026 | $12.19m |
| Oct 16, 2026 (latest) | $14.75m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2026 | $25,008 | $25,008 | $0 |
| Feb 2026 | $179,580 | $179,580 | $0 |
| Mar 2026 | $273,929 | $273,929 | $0 |
| Apr 2026 | $244,111 | $243,954 | $0 |
| May 2026 | $136,447 | $135,186 | $0 |
| Jun 2026 | $126,996 | $124,166 | $0 |
| Jul 2026 | $122,785 | $119,140 | $0 |
| Aug 2026 | $158,481 | $151,455 | $0 |
| Sep 2026 | $145,579 | $131,886 | $0 |
| Oct 2026 (to date) | $84,456 | $75,150 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/flying-tulip
Frequently asked questions
What is Flying Tulip's TVL?
As of Oct 16, 2026, Flying Tulip has $14.66m in total value locked. TVL has increased 32.9% over the past 30 days.
What chains does Flying Tulip operate on?
Flying Tulip operates on 3 chains: Ethereum, Sonic, and BSC. Ethereum holds the largest share at 82.8%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $148,796 in fees. Of that, $132,738 was protocol revenue. Based on the trailing year, the annualized rate is $2.02m in fees and $1.97m in revenue.
What is the FT token price and valuation?
FT is currently trading at $0.14. Its circulating market capitalization is $69.33m, ranking it #491. Its fully diluted valuation is $73.62m. Supply currently stands at 486.98m circulating, 517.12m total supply, 517.12m maximum supply.
How has FT performed recently?
FT is down 4.7% over the past 7 days and up 45.1% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 15.6% below that level.
Which protocols are included in Flying Tulip?
Flying Tulip is a parent protocol whose tracked products include Flying Tulip Lend, Flying Tulip ftUSD, and Flying Tulip Yield.
How much has been borrowed through Flying Tulip?
As of Oct 16, 2026, Flying Tulip has $6.39m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $47.59m. Its holdings include $37.23m in stablecoins, $10.29m in major assets, $4,285 in its own tokens, $64,293 in other assets.