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.
Key facts
- Category
- Yield Aggregator
- Chains
- 3
- Token
- —
- Oracles
- —
- Audits
- 2
- Listed
- Apr 2026
Similar Yield Aggregator protocols
How this TVL is counted
Sums the collateral backing ftUSD across each MintAndRedeem-registered ftYieldWrapperV2: idle collateral held by the wrappers and their strategies, external yield receipts (Aave, Spark) held by the strategies, and the Flying Tulip Delta-Neutral strategy's full position in Flying Tulip Lend, read from the Lend position manager. flying-tulip-lend subtracts that position, so it is counted once.
Frequently asked questions
What is Flying Tulip ftUSD’s TVL?
Flying Tulip ftUSD has $5.77M in total value locked, +4.56% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is Flying Tulip ftUSD on?
Flying Tulip ftUSD runs on 3 chains; the most value sits on Ethereum ($4.65M).
What kind of protocol is Flying Tulip ftUSD?
Flying Tulip ftUSD is listed under Yield Aggregator, where it ranks #23 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.