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As of Nov 13, 2026, Flying Tulip USD (ftUSD) has a market cap of $4.81m across 1 chain, most of it on Ethereum ($4.81m).
Stablecoin information
ftUSD is Flying Tulip's dollar-pegged token designed for stability first, usable as a composable on-chain dollar with optional yield when staked as sftUSD.
Category:crypto-backed
Minting and Redemption
ftUSD is minted by depositing a stablecoin such as USDC or USDT, and redeemed by converting ftUSD back to the input asset at the prevailing rate; holders can stake ftUSD as sftUSD to earn yield.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +1.91% | +1.16% | +3.65% | 4.81m |