Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.
Flying Tulip (FT) is a decentralized finance protocol that provides financial services without traditional intermediaries like banks. It is currently ranked #231 by market capitalization, trading at $0.1005 with a total market cap of $123.22M.
Flying Tulip (FT) is Andre Cronje's full-stack DeFi protocol integrating spot trading, derivatives, lending, and a native stablecoin (ftUSD) into a unified cross-margin system. Launched February 23, 2026 with $225.5M institutional backing at $1B FDV, the protocol features a perpetual put mechanism allowing early investors to redeem tokens at $0.10. As of May 4, 2026, FT continues to struggle below the $0.10 floor with limited liquidity, having failed to launch spot trading and derivatives on...
$0.1005
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
Cycle Potential
0x
vs. bull target
Probability
0%
Success chance
Risk Level
0/10
Low Risk
Market Cap
$123.22M
Volume
$310.86K
Circulating Supply
1.23B
87.7% not yet in circulation
Total Supply
9.99B
Max: 10.00B
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