Flying Tulip

FT's primary onchain right is the Perpetual PUT: the onchain right attached to primary-issued FT that lets a holder: Hold (keep the FT NFT attached), Exit (Exit at par; return collateral), or Withdraw (unlock FT; invalidate the PUT; released backing capital can fund market buyback-and-burn of FT). Protocol revenue and fees from Flying Tulip's product suite are routed to market buybacks & burns.

No standard voting or proposal system has been described. The Perpetual PUT redemption rights are onchain & programmatic, no vote is required.

FT is the native token of Flying Tulip. The product suite generates revenue and fees; those dollars are used to buyback and burn FT on the open market.

Track FT price, market cap, circulating supply, max supply, trading volume, and token rights.

	Q4 2026*	Q3 2026	Q2 2026	Q1 2026
Gross Protocol Revenue	$193.87K	$426.84K	$507.55K	$478.52K
Assets Yields	$164.38K	$392.47K	$494.15K	$474.82K
Marketplace Fees	$2.86K	$5.15K	$3.63K	$1.59K
Mint Fee	$1.91K	$2.66K	$4.15K	$1.62K
Redeem Fee	$1.13K	$2.03K	$1.37K	$488
Borrow Interest	$23.38K	$24.36K	$4.25K	$0
Open Leverage Fee	$57.81	$55.97	$0.24	$0
Close Leverage Fee	$7.61	$25.15	$0.03	$0
Collateral Swap Fee	$144.65	$94.82	$0	$0
Cost of Revenue	$23.38K	$24.36K	$4.25K	$0
Borrow Interest To Lenders	$23.38K	$24.36K	$4.25K	$0
Gross Profit	$170.49K	$402.48K	$503.31K	$478.52K
Assets Yields	$164.38K	$392.47K	$494.15K	$474.82K
Marketplace Fees	$2.86K	$5.15K	$3.63K	$1.59K
Mint Fee	$1.91K	$2.66K	$4.15K	$1.62K
Redeem Fee	$1.13K	$2.03K	$1.37K	$488
Open Leverage Fee	$57.81	$55.97	$0.24	$0
Close Leverage Fee	$7.61	$25.15	$0.03	$0
Collateral Swap Fee	$144.65	$94.82	$0	$0
Earnings	$170.49K	$402.48K	$503.31K	$478.52K
Token Holder Net Income	$0	$0	$0	$0

Pool	Reference	Protocol
1 FT/ftUSDFlying Tulip Pool	FT-ftUSD	Curve DEX	$292,726	—	15.64%2.87%+12.77%	—	Stable 89	6
2 FT/ftUSDFlying Tulip Pool	FT-ftUSD	Convex Finance	$250,046	—	23.14%2.87%+20.26%	—	Stable 91	6
3 FT-ftUSDCL 0.06%	FT-ftUSD	Shadow Exchange CLMM	$152,472	—	10.89%0.00%+10.89%	—	Mixed 52	0
4 sd-FT/ftUSD-vaultStake DAO Flying Tulip Pool Vault	FT-ftUSD	Stake DAO Yield	$22,139	—	30.44%3.79%+26.65%	—	Stable 90	7

Pool	Reference	Protocol
1 FT/ftUSDFlying Tulip Pool	FT-ftUSD	Curve DEX	$292,726	—	15.64%2.87%+12.77%	—	Stable 89	6
2 FT/ftUSDFlying Tulip Pool	FT-ftUSD	Convex Finance	$250,046	—	23.14%2.87%+20.26%	—	Stable 91	6
3 FT-ftUSDCL 0.06%	FT-ftUSD	Shadow Exchange CLMM	$152,472	—	10.89%0.00%+10.89%	—	Mixed 52	0
4 sd-FT/ftUSD-vaultStake DAO Flying Tulip Pool Vault	FT-ftUSD	Stake DAO Yield	$22,139	—	30.44%3.79%+26.65%	—	Stable 90	7

Flying Tulip(FT)

Key Metrics

Income statement for FT

Token rights and value accrual

Flying Tulip

Token Usage

Yields

Overview

Flying Tulip(FT)

Key Metrics

Token information

Income statement for FT

Token rights and value accrual

Flying Tulip

Token Usage

Yields