Ask about Flying Tulip · freeTotal Value Locked$14.83m
TVL by Chain
Ethereum$12.28m
Sonic$2.29m
BSC$255,415
Key Metrics
Fees 30d$150,978
Fees 30d by chain
Ethereum$141,304
Sonic$9,520
BSC$155.33
Fees 7d$34,483
Ethereum$31,324
Sonic$3,005
BSC$153.45
Fees 24h$4,906
Ethereum$4,330
Sonic$424.30
BSC$152.35
Cumulative Fees$1.55m
Ethereum$1.52m
Sonic$28,029
BSC$155.72
Revenue 30d$132,507
Revenue 30d by chain
Ethereum$131,671
Sonic$681.86
BSC$153.75
Revenue 7d$29,554
Ethereum$29,289
BSC$152.36
Sonic$112.15
Revenue 24h$4,225
Ethereum$4,033
BSC$152
Sonic$39.85
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$60.83m
$FT Price$0.12
Fully Diluted Valuation$64.59m
$FT Volume 24h$29,701
CEX Volume$0
DEX Volume$30,260(101.88% of total)
Active Loans$6.22m
Treasury$46.99m
Majors$9.77m
Stablecoins$37.16m
Own Tokens$3,700
Others$64,692
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 APY7.34%
Flying Tulip history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 12, 2026 to Oct 27, 2026.
All-time high TVL: $17.19m on Aug 28, 2026. All-time low TVL: $2.93m on May 12, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $12.32m |
| 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 | $14.83m |
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 27, 2026 (latest) | $14.83m |
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) | $137,832 | $120,950 | $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 27, 2026, Flying Tulip has $14.83m in total value locked. TVL has increased 23% 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 82.8%.
How much has Flying Tulip generated in fees and revenue?
Over the past 30 days, Flying Tulip generated $150,978 in fees. Of that, $132,507 was protocol revenue. Based on the trailing year, the annualized rate is $2.01m 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 $60.82m, ranking it #529. Its fully diluted valuation is $64.59m. Supply currently stands at 486.68m circulating, 516.83m total supply, 516.83m maximum supply.
How has FT performed recently?
FT is down 10.8% over the past 7 days and up 4.6% over the past 30 days. Its all-time high is $0.17, reached on Oct 12, 2026. The token is currently 25.9% 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 27, 2026, Flying Tulip has $6.22m in active loans.
Does Flying Tulip have a treasury?
Flying Tulip has a tracked treasury currently valued at $46.99m. Its holdings include $37.16m in stablecoins, $9.77m in major assets, $3,700 in its own tokens, $64,692 in other assets.