Flying Tulip

Flying Tulip (FT) ranks #1440 by market capitalization, at $3.44M. It belongs to the DeFi sector (Perpetuals). It has traded since Feb 23, 2026, with $4.52K of volume in the last 24 hours. Its all-time high of $0.510074 was reached on Nov 2, 2026; the current price is 77.9% below that peak. Its cycle low of $0.10733 came on Nov 4, 2026.

94.2% of the maximum supply of 516.47M FT is in circulation. 16 investors are recorded as backers, including CoinFund, Amber Group, DWF Labs. It is available on 5 networks.

Flying Tulip is a DeFi protocol suite with a hybrid AMM and CLOB spot engine, depth-aware lending markets, and perpetual futures that use internal spot trading for pricing and settle in ftUSD. Spot routes through the CLOB first, then crosses residual flow against the AMM, and publishes TWAP and RWAP windows consumed by other modules. Lending includes permissionless per-pair markets and a permissioned cross-collateral pool. Additional components include ftPUT perpetual put options and a marketplace for trading ftPUT via listings and signed bids, with maker and taker fees.