Ask about Flying Tulip · freeTotal Value Locked$14.97m
TVL by Chain
Ethereum$12.32m
Sonic$2.39m
BSC$256,083
Key Metrics
Fees 30d$151,982
Fees 30d by chain
Ethereum$142,308
Sonic$9,520
BSC$155.36
Fees 7d$35,487
Ethereum$32,328
Sonic$3,005
BSC$153.48
Fees 24h$5,910
Ethereum$5,334
Sonic$424.30
BSC$152.38
Cumulative Fees$1.55m
Ethereum$1.52m
Sonic$28,029
BSC$155.75
Revenue 30d$133,509
Revenue 30d by chain
Ethereum$132,673
Sonic$681.87
BSC$153.75
Revenue 7d$30,556
Ethereum$30,291
BSC$152.36
Sonic$112.16
Revenue 24h$5,227
Ethereum$5,035
BSC$152
Sonic$39.86
Cumulative Revenue$1.51m
Ethereum$1.5m
Sonic$3,961
BSC$154.14
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$60.31m
$FT Price$0.12
Fully Diluted Valuation$64.05m
$FT Volume 24h$20,751
CEX Volume$0
DEX Volume$19,892(95.86% of total)
Active Loans$6.31m
Treasury$47m
Majors$9.76m
Stablecoins$37.17m
Own Tokens$3,703
Others$64,882
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 APY6.73%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Oct 28, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $12.22m |
| Sep 30, 2026 | $12.19m |
| Oct 1, 2026 | $12.34m |
| Oct 2, 2026 | $12.44m |
| Oct 3, 2026 | $12.54m |
| Oct 4, 2026 | $12.73m |
| Oct 5, 2026 | $13.06m |
| Oct 6, 2026 | $13.2m |
| Oct 7, 2026 | $13.1m |
| Oct 8, 2026 | $12.85m |
| Oct 9, 2026 | $12.6m |
| Oct 10, 2026 | $12.9m |
| Oct 11, 2026 | $13.08m |
| 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 |
TVL at each month end, May 2026 to Oct 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 28, 2026 (latest) | $14.81m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Oct 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 (to date) | $143,598 | $126,024 | $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 Oct 28, 2026, Flying Tulip has $14.97m in total value locked. TVL has increased 21.5% 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 82.3%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $151,982 in fees. Of that, $133,509 was protocol revenue. Based on the trailing year, the annualized rate is $2.02m in fees and $1.96m in revenue.
What is the FT token price and valuation?
FT is currently trading at $0.12. Its circulating market capitalization is $60.3m, ranking it #547. Its fully diluted valuation is $64.04m. Supply currently stands at 486.67m circulating, 516.82m total supply, 516.82m maximum supply.
How has FT performed recently?
FT is down 10.6% over the past 7 days and up 4.8% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 26.5% 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 Oct 28, 2026, Flying Tulip has $6.31m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $47m. Its holdings include $37.17m in stablecoins, $9.76m in major assets, $3,703 in its own tokens, $64,882 in other assets.