Key Metrics
Fees (Annualized)$22,497
Fees 30d$2,828
Ethereum$2,690
Sonic$138
Fees 7d$492
Ethereum$491
Sonic$1
Fees 24h$1
Sonic$1
Ethereum$0
Cumulative Fees$8,630
Ethereum$5,852
Sonic$2,778
Revenue (Annualized)$22,497
Revenue 30d$2,828
Ethereum$2,690
Sonic$138
Revenue 7d$492
Ethereum$491
Sonic$1
Revenue 24h$1
Sonic$1
Ethereum$0
Cumulative Revenue$8,630
Ethereum$5,852
Sonic$2,778
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.
Category:Yield 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 APY6.69%
