Overview
Flying Tulip(FT)
Token Price$0.1
24h Change+4.78%
All Time HighFeb 23, 2026$0.3
All Time LowApr 22, 2026$0.068
Key Metrics
Market Cap$133.2m
Fully Diluted Valuation$1.03b
Circ. Supply1.293b FT
Max Supply10b FT
Volume 24h$441,569
CEX Volume$147,242
DEX Volume$492,991
Treasury$54.35m
Majors$9.59m
Stablecoins$44.74m
Own Tokens< $0.0001
Others$20,102
Income Statement for Flying Tulip
| Q2 2026* | Q1 2026 | |
|---|---|---|
Gross Protocol Revenue | $399.60K | $3.43M |
| Assets Yields | $391.48K | $3.43M |
| Marketplace Fees | $2.81K | $1.58K |
| Mint Fee | $2.18K | $1.61K |
| Redeem Fee | $1.23K | $488 |
| Borrow Interest | $1.87K | |
| Open Leverage Fee | $0 | |
| Close Leverage Fee | $0 | |
Cost of Revenue | $1.87K | $0 |
| Borrow Interest To Lenders | $1.87K | |
Gross Profit | $397.72K | $3.43M |
| Assets Yields | $391.48K | $3.43M |
| Marketplace Fees | $2.81K | $1.58K |
| Mint Fee | $2.18K | $1.61K |
| Redeem Fee | $1.23K | $488 |
| Open Leverage Fee | $0 | |
| Close Leverage Fee | $0 | |
Earnings | $397.72K | $3.43M |
Token Holder Net Income | $0 | $0 |
Markets
Token Rights and Value Accrual
Updated May 16, 2026Overview
- Token(s)
- FT
- Token Type
- Utility
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.
Governance Rights
ControlNo standard voting or proposal system has been described. The Perpetual PUT redemption rights are onchain & programmatic, no vote is required.
Governance Decisions
The FT token contract has a pause mechanism that can be controlled by a Configurator, who can toggle the pause state and transfer the Configurator role.
Treasury Decisions
Revenue Decisions
Fee Switch
ONA portion of protocol revenue/fees is used to buy FT on the market and distribute those tokens to users as defined by product‑level programs (separate from burns). Exact shares and schedules are shown in each product’s UI and on the Token page. Revenue‑funded burns still govern Foundation/Team/Incentives unlocks (40:40:20).
Resources
Primary Value Accrual
BuybacksValue accrues to FT holders through the buyback and burn process.
Equity Statement
Flying Tulip uses a token-first model that returns yield and fees to FT, which exists to connect activity to cashflows, preserve and compound capital, and offer clear, onchain rights during the public sale.
Economic Rights
Value CaptureFT'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.
Buybacks
Buybacks can be funded by backing capital yield surplus, protocol revenue/fees, or released backing capital from withdrawals. When FT is unlocked / withdrawn by holders, the backing capital is released and used to purchase FT on the open market and sent to an irrecoverable address, permanently reducing supply.
Dividends
N/ANo dividend or revenue distribution is currently active
Burns
ActiveNo burn mechanism is currently active
Ownership
- Fundraising
- Token Sale
- Equity Revenue Capture
- No
- Associated Entities
- FoundationTeam
Token Usage
An is required to view token usage.
Yields
Tracking 4 pools, average APY 32.53%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabFT-WS1 binStep | 🪂 | $173,596 | 5.05% | 5.05% | 3.55% | ||||
| open in new tabETH-TFT0.00% | $128,816 | 0% | 0% | 0% | |||||
| open in new tabSCRV-E-SCRV-AR-SCRV-BA-SCRV-O-SCRV-P-SCRV-G-SCRV-FR-SCRV-FT | $87,422 | 0% | 0% | 0.01% | |||||
| open in new tabFT-USDC0.70% | $50,628 | 60.01% | 60.01% | 140% |