Total Value Locked$2.27m
TVL by Chain
Ethereum$1.88m
Sonic$389,012
Key Metrics
Fees (Annualized)$22,036
Fees 30d$3,889
Ethereum$2,601
Sonic$1,288
Fees 7d$1,475
Ethereum$1,449
Sonic$26
Fees 24h$101
Ethereum$99
Sonic$2
Cumulative Fees$7,406
Ethereum$4,716
Sonic$2,690
Revenue (Annualized)$22,036
Revenue 30d$3,889
Ethereum$2,601
Sonic$1,288
Revenue 7d$1,475
Ethereum$1,449
Sonic$26
Revenue 24h$101
Ethereum$99
Sonic$2
Cumulative Revenue$7,406
Ethereum$4,716
Sonic$2,690
Holders Revenue (30d Run Rate)$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 stablecoin backed by USDC, USDT and ftUSD-wrapped collateral deployed via MintAndRedeem into Aave yield strategies. Holders can stake into sftUSD (the yield-bearing form) 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 APY9.14%
