Flying Tulip PriceFT

What is Flying Tulip (FT)?

Flying Tulip (FT) is a unified onchain financial system built on the Ethereum platform and founded by DeFi pioneer Andre Cronje. The protocol is designed to standardize pricing, credit, and risk across a suite of financial products, allowing users to deploy the same collateral across multiple financial primitives within a single system. These primitives include spot trading through both an automated market maker and a central limit order book, lending, perpetual futures, insurance, and a native stablecoin called ftUSD. The system prices risk from real executable liquidity rather than static tables or delayed oracles, and routes system cashflows back to the token in a transparent, programmatic way. At the core of its token model, Flying Tulip has a fixed maximum supply of 10,000,000,000 FT, pre-minted at deployment, with 2,000,000,000 FT allocated to its public sale. The project launched in 2025 and reached its token generation event on February 23, 2026, placing it in an early growth stage with an expanding product suite and active market listings.

Key Specifications & Tokenomics

• Name: Flying Tulip
• Symbol / Ticker: FT
• Blockchain / Platform: Ethereum
• Category: Perpetuals, DeFi, Derivatives
• Launch Year: 2025
• Founder: Andre Cronje
• Total Token Supply: 10,000,000,000 FT
• Maximum Supply: 10,000,000,000 FT (fixed, pre-minted at deployment)
• Allocated Token Supply (Public Sale): 2,000,000,000 FT (20% of total supply)
• Token Sale Price: $0.1
• Fully Diluted Value at Sale: $1,000,000,000
• Investors Receive: 10 FT per $1 invested
• Native Stablecoin: ftUSD
• Official Website: https://flyingtulip.com/
• Whitepaper / Documentation: https://docs.flyingtulip.com
• Blog: blog.flyingtulip.com
• Explorer: etherscan.io
• CertiK Rating: 4.1

Who created Flying Tulip?

Flying Tulip was founded by Andre Cronje, a widely recognized DeFi pioneer and veteran in the decentralized finance space. His LinkedIn profile lists him as Founder of Flying Tulip, and the project team is described as active. Beyond the founder's identity, detailed public information about the broader core team structure is currently limited. The project has attracted significant backing, raising a total of $431.5 million across six completed rounds according to ICO Drops, including a $200 million seed round at a $1 billion valuation and a $50 million public sale round. Flying Tulip targeted up to $1 billion in total funding across its private and public phases, and as of February 20, the total amount raised stood at $183,897,578.66. This combination of an experienced founder and substantial capital backing positions the project as a notable entrant in the onchain finance sector.

How does Flying Tulip work?

Flying Tulip operates as an onchain financial marketplace that unifies spot, derivatives, credit, and risk transfer in a capital-efficient, cross-margin structure. Its architecture is built around the principle that the same unit of collateral can be reused across multiple functions. Users can deploy collateral across spot trading, lending, perpetual futures, insurance, and the native stablecoin ftUSD, all within one protocol. Risk is priced from real executable liquidity rather than static tables or delayed oracles, which aims to produce more accurate and responsive pricing. The protocol also functions as a multi-chain yield aggregation system, pooling user deposits into wrapper contracts and deploying them into automated yield strategies. Funds contributed during the sale may be deployed into conservative onchain lending strategies that have historically generated low single-digit yields, intended to support protocol development prior to broader network activity. Future protocol revenues from the stablecoin, lending, and trading products may be used to support the ecosystem, including FT token buybacks, according to protocol rules.

What makes Flying Tulip unique and valuable?

Flying Tulip distinguishes itself through several core design choices. First, it unifies core DeFi primitives under one protocol architecture, allowing the same collateral to serve multiple financial functions within a single system, which improves capital efficiency. Second, it prices risk from real executable liquidity rather than relying on static tables or delayed oracles, potentially offering more accurate risk assessment. Third, the protocol embeds a Perpetual PUT structure that gives primary raise participants an onchain redemption right tied to their original contribution, providing downside protection that is uncommon in token sales. Fourth, protocol revenue is intended to buy back and burn FT, converting forfeited protection and surplus yield into permanent supply reduction. Fifth, the project is backed by a recognized DeFi founder and significant capital, which supports ongoing development. Together, these features aim to deliver better yield and a better user experience while aligning the interests of the protocol, its participants, and the FT token.

What is Flying Tulip used for?

FT is the native token of the Flying Tulip ecosystem and serves several functions within the protocol. It is used within the unified financial system that spans spot trading, lending, perpetual futures, insurance, and the ftUSD stablecoin. Protocol revenues are intended to support the ecosystem, including FT token buybacks and burns, which link token value to protocol activity. During the primary raise, participants minted an FT NFT that holds their FT tokens and embeds a standing redemption right, allowing holders to participate in FT's upside while preserving the option to redeem their original contribution at par. FT can be held inside the NFT to retain redemption rights, redeemed by returning tokens to the protocol, or unlocked and traded freely, though withdrawing FT permanently forfeits the redemption right for the withdrawn portion. FT tokens acquired on the open market do not carry redemption rights; only tokens held inside the NFT minted during the primary raise are eligible for the Perpetual PUT.

How Is the Flying Tulip ecosystem developing?

The Flying Tulip ecosystem is in an active development phase following its 2025 launch and February 23, 2026 token generation event. The product suite includes spot trading through both an AMM and a CLOB, lending, perpetual futures, insurance, and the native ftUSD stablecoin, all unified under a single protocol architecture. The project completed a $200 million seed round on September 29, 2025, and opened its public sale on CoinList from February 2 to February 6, 2026, using a water-filling mechanism called filling up from the bottom to distribute allocations evenly from the bottom up. As of February 20, the total amount raised stood at $183,897,578.66. The ecosystem is supported by a multi-chain yield aggregation system and conservative onchain lending strategies. FT is listed across numerous data platforms and trading venues, with reported holders around 798 and trading on roughly 17 to 19 active markets, indicating an expanding but still early-stage ecosystem.

How to mine Flying Tulip?

Flying Tulip does not use a traditional mining mechanism. FT has a fixed maximum supply of 10,000,000,000 tokens that were pre-minted at deployment, and only the amount raised determines the minted supply during capital allocation. If $500 million is committed, 5 billion FT are allocated, and the remaining 5 billion FT stay in the Investment Contract as a Perpetual PUT reserve and non-circulating supply, with FT allocated at a fixed rate. Rather than mining, participants can engage with the protocol through its primary sale structure and the Perpetual PUT NFT. Those who contributed to the primary raise minted an FT NFT holding their tokens and a redemption right. Holders can keep FT inside the NFT to retain redemption rights, redeem at par, or unlock and trade FT freely. Protocol revenue is used to buy back and burn FT, reducing supply over time. Users should verify current participation methods through the official documentation.

How to keep your Flying Tulip Coin safe?

Keeping FT safe requires attention to both wallet security and protocol-specific mechanics. Because FT is an Ethereum-based token, users should store it in a reputable non-custodial wallet and safeguard their private keys or seed phrases, never sharing them with anyone. Since the public sale required participants to provide a non-custodial external wallet and to hold sufficient ETH for gas fees, users should ensure their wallets are properly configured for Ethereum network transactions. To manage FT NFT and token positions, users can visit flyingtulip.com/allocation/positions and connect the wallet used during the sale. It is important to understand that FT tokens acquired on the open market do not carry redemption rights, and only FT held inside the NFT minted during the primary raise is eligible for the Perpetual PUT. Withdrawing FT from the NFT permanently forfeits the redemption right for the withdrawn portion, so users should carefully consider their actions before unlocking tokens. Always access official links directly and be cautious of phishing attempts.