Sonic Eco(@SonicEcosystem):ftUSD on Sonic can be minted via USDC or USSD, with 7.08% APY. Flying Tulip Lend processed 30+ stressed liquidations this week. Soft liquidations make the process less destructive. Instead of forcing a full unwind, Lend sells only the collateral needed to restore account health. 👇

2026.06.26 19:24

ftUSD on Sonic can be minted via USDC or USSD, with 7.08% APY. Flying Tulip Lend processed 30+ stressed liquidations this week. Soft liquidations make the process less destructive. Instead of forcing a full unwind, Lend sells only the collateral needed to restore account health. 👇

flyingtulip.com@flyingtulip_

2026.06.26 15:28

Flying Tulip Weekly Update: June 26 This week, Lend processed 30+ stressed liquidations. RFQ-based soft liquidations sold collateral required to restore account health, with an average haircut below 1% and near dollar-for-dollar debt repayment. Broader market turbulence not bothering ftPUT holders who retain the option to redeem original capital. Secondary-market impact also remained limited, with token buybacks trending higher. Lend TVL held at $9.13M, while total ftUSD supply increased to $3.76M — On Ethereum, mint ftUSD with USDC or USDT, stake and earn 13.94% APY. On Sonic, mint with USDC or USSD, stake and earn 7.08% APY. No lockups — mint, stake, and unstake at any time. More stats in reply 👇