MrDeFi

Flying Tulip ftUSD

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.

Total Value Locked
$2.27M
30d Change
+20.3%
Category
Yield Aggregator
2 chains
TVL — last 35 days

TVL by chain

ChainTVLShare
Ethereum$1.88M82.9%
Sonic$389.01K17.1%

About Flying Tulip ftUSD

Flying Tulip ftUSD is a yield aggregator protocol deployed across 2 chains, led by Ethereum, Sonic. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Flying Tulip ftUSD against the wider market on the live protocol rankings, or explore current yields across DeFi.

Official website: https://flyingtulip.com/