Ask about Flying Tulip · freeTotal Value Locked$15.89m
TVL by Chain
Ethereum$13.71m
Sonic$2.13m
BSC$52,283
Key Metrics
Fees 30d$151,074
Fees 30d by chain
Ethereum$139,224
Sonic$11,522
BSC$329.14
Fees 7d$34,313
Ethereum$31,634
Sonic$2,666
BSC$13.04
Fees 24h$3,738
Ethereum$3,333
Sonic$405.54
BSC$0.17
Cumulative Fees$1.63m
Ethereum$1.6m
Sonic$34,160
BSC$330.96
Revenue 30d$131,893
Revenue 30d by chain
Ethereum$130,755
Sonic$821.03
BSC$317.14
Revenue 7d$30,603
Ethereum$30,304
Sonic$288.20
BSC$11.69
Revenue 24h$3,190
Ethereum$3,146
Sonic$44.34
BSC$0
Cumulative Revenue$1.58m
Ethereum$1.57m
Sonic$4,519
BSC$318.81
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$51.74m
$FT Price$0.11
Fully Diluted Valuation$54.95m
$FT Volume 24h$25,579
CEX Volume$0
DEX Volume$49,721(194.38% of total)
Active Loans$4.28m
Treasury$45.19m
Majors$8.07m
Stablecoins$37.06m
Own Tokens$3,127
Others$59,553
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 APY7.01%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Nov 13, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| 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 |
| Nov 7, 2026 | $16.95m |
| Nov 8, 2026 | $16.88m |
| Nov 9, 2026 | $16.63m |
| Nov 10, 2026 | $16.71m |
| Nov 11, 2026 | $16.49m |
| Nov 12, 2026 | $16.36m |
| Nov 13, 2026 | $16.19m |
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 13, 2026 (latest) | $16.19m |
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) | $64,740 | $57,224 | $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 13, 2026, Flying Tulip has $15.89m in total value locked. TVL has increased 6.5% 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 86.3%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $151,074 in fees. Of that, $131,893 was protocol revenue. Based on the trailing year, the annualized rate is $2.01m in fees and $1.94m in revenue.
What is the FT token price and valuation?
FT is currently trading at $0.11. Its circulating market capitalization is $51.9m, ranking it #558. Its fully diluted valuation is $55.12m. Supply currently stands at 485.95m circulating, 516.1m total supply, 516.1m maximum supply.
How has FT performed recently?
FT is down 6.6% over the past 7 days and down 27.1% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 36.7% 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 13, 2026, Flying Tulip has $4.28m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $45.19m. Its holdings include $37.06m in stablecoins, $8.07m in major assets, $3,127 in its own tokens, $59,553 in other assets.