Ask about Flying Tulip · freeTotal Value Locked$16.95m
TVL by Chain
Ethereum$14.53m
Sonic$2.38m
BSC$34,625
Key Metrics
Fees 30d$152,664
Fees 30d by chain
Ethereum$141,464
Sonic$10,886
BSC$316.49
Fees 7d$37,673
Ethereum$35,052
Sonic$2,614
BSC$7.58
Fees 24h$6,637
Ethereum$6,283
Sonic$353.07
BSC$0.28
Cumulative Fees$1.6m
Ethereum$1.57m
Sonic$31,493
BSC$317.92
Revenue 30d$133,076
Revenue 30d by chain
Ethereum$132,052
Sonic$716.84
BSC$305.70
Revenue 7d$33,082
Ethereum$32,904
Sonic$176.72
BSC$0.98
Revenue 24h$6,029
Ethereum$6,011
Sonic$18.46
BSC$0.07
Cumulative Revenue$1.55m
Ethereum$1.54m
Sonic$4,231
BSC$307.12
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$54.52m
$FT Price$0.11
Fully Diluted Valuation$57.9m
$FT Volume 24h$43,091
CEX Volume$0
DEX Volume$43,711(101.44% of total)
Active Loans$4.45m
Treasury$46.4m
Majors$9.27m
Stablecoins$37.06m
Own Tokens$3,381
Others$66,167
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 APY5.93%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Nov 6, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 17, 2026 | $14.64m |
| Oct 18, 2026 | $14.67m |
| Oct 19, 2026 | $14.72m |
| Oct 20, 2026 | $14.86m |
| Oct 21, 2026 | $15.14m |
| Oct 22, 2026 | $15.36m |
| Oct 23, 2026 | $14.86m |
| Oct 24, 2026 | $14.84m |
| Oct 25, 2026 | $14.68m |
| Oct 26, 2026 | $14.49m |
| Oct 27, 2026 | $14.57m |
| Oct 28, 2026 | $14.81m |
| Oct 29, 2026 | $14.97m |
| Oct 30, 2026 | $14.12m |
| Oct 31, 2026 | $14.17m |
| Nov 1, 2026 | $14.14m |
| Nov 2, 2026 | $14.19m |
| Nov 3, 2026 | $14.1m |
| Nov 4, 2026 | $14.07m |
| Nov 5, 2026 | $14.81m |
| Nov 6, 2026 | $16.8m |
TVL at each month end, May 2026 to Nov 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 31, 2026 | $14.17m |
| Nov 6, 2026 (latest) | $16.8m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Nov 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 | $159,381 | $139,765 | $0 |
| Nov 2026 (to date) | $35,490 | $31,718 | $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 Nov 6, 2026, Flying Tulip has $16.95m in total value locked. TVL has increased 29.4% 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 85.7%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $152,664 in fees. Of that, $133,076 was protocol revenue. Based on the trailing year, the annualized rate is $2.01m in fees and $1.95m in revenue.
What is the FT token price and valuation?
FT is currently trading at $0.11. Its circulating market capitalization is $54.4m, ranking it #563. Its fully diluted valuation is $57.77m. Supply currently stands at 486.32m circulating, 516.5m total supply, 516.5m maximum supply.
How has FT performed recently?
FT is down 4.1% over the past 7 days and down 20.6% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 33.7% 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 Nov 6, 2026, Flying Tulip has $4.45m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $46.4m. Its holdings include $37.06m in stablecoins, $9.27m in major assets, $3,381 in its own tokens, $66,167 in other assets.