Key Metrics
Fees 30d$2,095.07
Fees 30d by chain
Ethereum$2,009.25
Sonic$86.75
Fees 7d$505.59
Ethereum$465.22
Sonic$40.8
Fees 24h$140
Ethereum$140
Sonic$0.21
Cumulative Fees$11,883.58
Ethereum$8,919.67
Sonic$2,966.56
Revenue 30d$2,095.07
Revenue 30d by chain
Ethereum$2,009.25
Sonic$86.75
Revenue 7d$505.59
Ethereum$465.22
Sonic$40.8
Revenue 24h$140
Ethereum$140
Sonic$0.21
Cumulative Revenue$11,883.58
Ethereum$8,919.67
Sonic$2,966.56
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Sonic$0
Holders Revenue 7d$0
Ethereum$0
Sonic$0
Holders Revenue 24h$0
Ethereum$0
Sonic$0
Cumulative Holders Revenue$0
Ethereum$0
Sonic$0
Protocol Information
ftUSD is a stablecoin backed by USDC, USDT and ftUSD-wrapped collateral deployed via MintAndRedeem into Aave yield strategies. Holders can stake into sftUSD (the yield-bearing form) to earn FT rewards funded by protocol fees that buy FT on the open market.
Audits:
Methodology
TVL: Sums collateral backing ftUSD by enumerating each MintAndRedeem-registered ftYieldWrapperV2 and reading positionToken() on each of their strategies. External-receipt strategies (Aave, Spark) contribute the receipt balance at the strategy address. Other strategies (Flying Tulip Delta-Neutral) contribute their strategy shares held by the parent wrapper, priced server-side at 1:1 with the underlying asset.View code on GitHubFees: Mint and redeem fees charged by the ftUSD MintAndRedeem engine on every mint/redeem, summed from Minted and Redeemed events.View code on GitHubRevenue: All ftUSD mint/redeem fees are sent to the Flying Tulip treasury via sweepFees, so revenue equals fees.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked2
Average Supply APY9.98%
Competitors
Frequently Asked Questions
What is Flying Tulip ftUSD's TVL?
Flying Tulip ftUSD currently has $338,011.69 in total value locked. TVL has decreased 85.1% over the past 30 days.
What chains does Flying Tulip ftUSD operate on?
Flying Tulip ftUSD operates on 2 chains: Ethereum and Sonic. Sonic holds the largest share at 99.8%.
How much has Flying Tulip ftUSD generated in fees and revenue?
Over the past 30 days, Flying Tulip ftUSD generated $2,095.07 in fees. Of that, $2,095.07 was protocol revenue. Based on the trailing year, the annualized rate is $21,325.41 in fees and $21,325.41 in revenue.
How does Flying Tulip ftUSD's TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Flying Tulip ftUSD ranks #55 by TVL. The category holds $1.39b across 196 protocols, and Flying Tulip ftUSD accounts for <0.1% of that total. Other leading protocols include Beefy, vfat.io, YieldFi, DexFi Aggregator, Trevee Earn, BIM Yield, Lazy Summer Protocol, Yelay V3, CIAN Yield Layer, and Fluid Lite.
How many yield pools does Flying Tulip ftUSD have?
DefiLlama tracks 2 Flying Tulip ftUSD yield pools with an average APY of 10%.