Ask about Flying Tulip · freeTotal Value Locked$16.4m
TVL by Chain
Ethereum$14.12m
Sonic$2.24m
BSC$43,982
Key Metrics
Fees 30d$153,440
Fees 30d by chain
Ethereum$141,795
Sonic$11,330
BSC$317.24
Fees 7d$36,661
Ethereum$34,036
Sonic$2,623
BSC$1.75
Fees 24h$4,534
Ethereum$4,198
Sonic$335.80
BSC$0.20
Cumulative Fees$1.62m
Ethereum$1.59m
Sonic$32,977
BSC$318.75
Revenue 30d$134,025
Revenue 30d by chain
Ethereum$132,903
Sonic$816.26
BSC$305.70
Revenue 7d$32,661
Ethereum$32,369
Sonic$292.22
BSC$0.07
Revenue 24h$4,023
Ethereum$4,008
Sonic$14.33
BSC$0
Cumulative Revenue$1.57m
Ethereum$1.56m
Sonic$4,387
BSC$307.12
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$54.69m
$FT Price$0.11
Fully Diluted Valuation$58.08m
$FT Volume 24h$8,970
CEX Volume$0
DEX Volume$9,591(106.92% of total)
Active Loans$4.27m
Treasury$45.82m
Majors$8.71m
Stablecoins$37.04m
Own Tokens$3,346
Others$63,238
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 APY6.27%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Nov 10, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Oct 12, 2026 to Nov 10, 2026
| Date | TVL |
|---|---|
| Oct 12, 2026 | $13.9m |
| Oct 13, 2026 | $13.76m |
| Oct 14, 2026 | $14.92m |
| 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 |
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 10, 2026 (latest) | $16.71m |
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) | $52,734 | $46,868 | $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 10, 2026, Flying Tulip has $16.4m in total value locked. TVL has increased 25.4% 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 86.1%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $153,440 in fees. Of that, $134,025 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 $54.69m, ranking it #553. Its fully diluted valuation is $58.08m. Supply currently stands at 486.23m circulating, 516.38m total supply, 516.38m maximum supply.
How has FT performed recently?
FT is up <0.1% over the past 7 days and down 26.3% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 33.3% 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 10, 2026, Flying Tulip has $4.27m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $45.82m. Its holdings include $37.04m in stablecoins, $8.71m in major assets, $3,346 in its own tokens, $63,238 in other assets.