Key Metrics
Fees (Annualized)$21,292.54
Fees 30d$1,430.05
Ethereum$1,383.77
Sonic$45
Fees 7d$440.83
Ethereum$411.8
Sonic$29.75
Fees 24h$11.27
Sonic$9.7
Ethereum$1.57
Cumulative Fees$9,403.32
Ethereum$6,574.34
Sonic$2,827.7
Revenue (Annualized)$21,292.54
Revenue 30d$1,430.05
Ethereum$1,383.77
Sonic$45
Revenue 7d$440.83
Ethereum$411.8
Sonic$29.75
Revenue 24h$11.27
Sonic$9.7
Ethereum$1.57
Cumulative Revenue$9,403.32
Ethereum$6,574.34
Sonic$2,827.7
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 Supply APY8.11%
Competitors
Frequently Asked Questions
What is Flying Tulip ftUSD?
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.
What is Flying Tulip ftUSD's TVL?
Flying Tulip ftUSD currently has $2.27m in total value locked. TVL has increased 20.3% over the past 30 days.
What chains does Flying Tulip ftUSD operate on?
Flying Tulip ftUSD operates on 2 chains: Ethereum and Sonic. Ethereum holds the largest share at 82.9%.
How much has Flying Tulip ftUSD generated in fees and revenue?
Over the past 30 days, Flying Tulip ftUSD generated $1,430.05 in fees. Of that, $1,430.05 was protocol revenue. Based on the trailing year, the annualized rate is $21,292.54 in fees and $21,292.54 in revenue.
How many yield pools does Flying Tulip ftUSD have?
DefiLlama tracks 2 Flying Tulip ftUSD yield pools with an average APY of 8.1%.
