Total Value Locked$2.12m
TVL by Chain
Ethereum$1.76m
Sonic$365,148
Key Metrics
Fees (Annualized)$32,745
Fees 30d$2,684
Sonic$1,668
Ethereum$1,016
Fees 7d$2,061
Sonic$1,059
Ethereum$1,002
Fees 24h$49
Sonic$49
Ethereum$0
Cumulative Fees$5,526
Ethereum$3,018
Sonic$2,508
Revenue (Annualized)$32,745
Revenue 30d$2,684
Sonic$1,668
Ethereum$1,016
Revenue 7d$2,061
Sonic$1,059
Ethereum$1,002
Revenue 24h$49
Sonic$49
Ethereum$0
Cumulative Revenue$5,526
Ethereum$3,018
Sonic$2,508
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Ethereum$0
Sonic$0
Holders Revenue 7d$0
Ethereum$0
Sonic$0
Holders Revenue 24h$0
Ethereum$0
Sonic$0
Cumulative Holders Revenue$0
Ethereum$0
Sonic$0
Protocol Information
ftUSD is a yield-bearing stablecoin backed by USDC, USDT and ftUSD-wrapped collateral deployed via MintAndRedeem into Aave yield strategies. Holders can stake into sftUSD to earn FT rewards funded by protocol fees that buy FT on the open market.
CategoryYield Aggregator
Audits:
Methodology
TVL: Sums collateral backing ftUSD by enumerating each MintAndRedeem-registered ftYieldWrapperV2 and reading positionToken() on each of their strategies. External-receipt strategies (Aave, Spark) contribute the receipt balance at the strategy address. Other strategies (Flying Tulip Delta-Neutral) contribute their strategy shares held by the parent wrapper, priced server-side at 1:1 with the underlying asset.View code on GitHubFees: Mint and redeem fees charged by the ftUSD MintAndRedeem engine on every mint/redeem, summed from Minted and Redeemed events.View code on GitHubRevenue: All ftUSD mint/redeem fees are sent to the Flying Tulip treasury via sweepFees, so revenue equals fees.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked2
Average APY10.01%
