Flying Tulip Weekly Update: October 9 This week: ▸ Deposit ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c on Lend: Borrow against it, use it as collateral for spot or leveraged trading on Trade, or go long, short or hedge through TRS. ▸ Ethereum Lend supply caps increased: FT: 2.81M → 3.65M; ftUSD: 1.87M → 2.50M ▸ 330M unallocated FT burned Earn on Ethereum, Sonic and BNB through ftUSD staking and Lend, with additional Flying Tulip Rewards for eligible activity. Current APYs: —Lend USDC 3.8% Ethereum / 4.8% Sonic / 3.1% BSC —sftUSD 9.7% Ethereum / 10.1% Sonic / 0.4% BSC More stats and links in replies 👇

You were right. And you still got kicked out? On Oct, 2025, $19B in leveraged positions got wiped out, and some of the traders who were winning got closed too! I made a short animated explainer on why that happens, and how Total Return Swaps on @flyingtulip_ work differently👇

FT Rewards Program The @flyingtulip_ Rewards program is now live, and 20% of the FT supply is being distributed to users for eligible activity. Eligible activities include ftUSD, Lend, Marketplace, Trade, and TRS. This creates a direct link between protocol usage and demand for the token.

September at Flying Tulip 🌷 The monthly update covers: ▸ Introducing Trade & TRS ▸ BNB Chain launch ▸ New assets, higher caps & ftUSD minting options ▸ ssftUSD & ftUSD explainers ▸ Flying Tulip Rewards & redemption ▸ Andre on Law of Code: vaults and accountability ▸ Building trust and sustained adoption Full update👇

Q: What mean? A: $FT not dumping sub $0.093. And Flying Tulip protecting your investments. @flyingtulip_ cooking with magic. P.S.: Technically possible if ETH dumped under $1800 and ETH based ftPUT holders panicked.

FT makes for quite unique collateral, in that it has a built in floor, where we know we are always the buyer of last resort. High maintenance margin for now, but expanding into collateralized (or instant redeemable) assets unlocks a very broad category of RWA's at the end of the day. Just another step towards all onchain finance.

Same result longing $1M ETH on @1inch & @flyingtulip_ The benefits of Flying Tulip? 10x leverage; almost 0% funding; CEX-like experience (without moving funds between protocols).

Earn with Flying Tulip on @SonicLabs. Mint ftUSD with USDC. Stake it to earn 10.1% APY. Redeem anytime. Or supply assets on Lend and earn: ▸ USDC: 4.79% APY ▸ ETH: 3.1% APY ▸ S: 2.6% APY ▸ ftUSD: 7.81% APY On top of that, earn additional rewards through Flying Tulip Rewards. Links below 👇

Got ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c? Supply it to your margin account. Borrow against it, use it as collateral for spot or leveraged trading on Trade, or go long, short or hedge through TRS. Links below 👇

Earn with Flying Tulip on @ethereumfndn. Mint ftUSD with USDC, USDT, USDe, USDG or crvUSD. Stake it to earn 9.91% APY. Redeem anytime. Or supply assets on Lend and earn: ▸ USDC: 3.81% APY ▸ ETH: 1.69% APY ▸ USDT: 3.70% APY ▸ crvUSD: 2.87% APY ▸ USDG: 2.80% APY On top of that, earn additional rewards through Flying Tulip Rewards. Links below 👇

Things like @flyingtulip_ make me think that on-chain finance won't be an alternative it will simply be finance. $1.8M from exercised call options is entering as limit orders at withdrawal NAV via FT Margin Lending. Meanwhile, ftUSD is generating yield. You deposit once and get access to spot, leverage, and TRS. Yields: ETH 1.69%, USDC 3.64%, USDT 3.70%, crvUSD 2.86%. Plus 20% of FT allocated for rewards. It’s not hype. The infrastructure is simply starting to work the way it should.

Orders increased to $1.8m. This is capital from exercised call options being set as resting limit orders at withdrawal NAV directly via FT Margin Lending into the FT orderbook. All while that ftUSD is earning additional yield while it is waiting to fill, as the yield is accrued the clearing price increases. All components working seamlessly together, onchain, as if it was a centralized exchange. I don't think people are really ready for onchain finance.

One of FT's risk consideration is "token velocity" (which is really just a fancy mix of volume and depth), while researching this the data was semi interesting, so sharing for fun. Ethereum: 1. USDT · 2. USDC · 3. ETH · 4. USDS · 5. WBTC · 6. PYUSD · 7. RLUSD · 8. USDe · 9. USDG · 10. USDAT Sonic: 1. S · 2. USDC · 3. ETH · 4. USSD · 5. SHADOW · 6. WBTC · 7. stS/STS · 8. X33 · 9. JEFE · 10. scUSD BNB Smart Chain: 1. USDT/BSC-USD · 2. BNB · 3. QUQ · 4. USDC · 5. BTR · 6. BTCB · 7. QQQB · 8. DEBIT · 9. ETH · 10. UP Base: 1. ETH · 2. USDC · 3. cbBTC · 4. SOL · 5. EURC · 6. VIRTUAL · 7. NVDAC · 8. AERO · 9. cbETH · 10. USDT Robinhood Chain: 1. USDG · 2. ETH/WETH · 3. NVDA · 4. CASHCAT · 5. SPY · 6. PONS · 7. SPCX · 8. STONKBROKER · 9. NET · 10. DOGO Avalanche: 1. USDC · 2. AVAX · 3. ETH · 4. USDT · 5. BTC.b · 6. BTC · 7. WBTC · 8. EURC · 9. BUSDC · 10. BAUSD Monad 1. USDC · 2. MON · 3. ETH · 4. cbBTC · 5. WBTC · 6. USDT0/WNUSDT0 · 7. WNAUSD · 8. AUSD · 9. XAUT0 · 10. MUSD HyperEVM: 1. HYPE · 2. USDC · 3. USDT0 · 4. UBTC · 5. kHYPE · 6. EGG · 7. UETH · 8. UPUMP · 9. USDV · 10. CHAMELEON