Flying Tulip
FT Rank #362Price chart
What is Flying Tulip?
Platform and issuance
Flying Tulip develops an integrated set of trading and financial products. Its token design connects protocol revenue with buybacks and burns. The deployment minted a maximum of 10 billion FT. The issuance contracts do not provide an ongoing inflation schedule. Unallocated tokens are held outside circulation.
Primary positions
Initial contributions are priced at 10 FT per dollar. A contributor's FT is attached to a position carrying a perpetual PUT. Keeping that position preserves its capital-return option. Exercising the PUT returns the original deposited asset and amount under the contract rules. The position records those rights separately from unrestricted token ownership.
Transferable FT
Withdrawing FT from its issuance position invalidates the attached PUT. Released backing capital can fund token buybacks and burns. Secondary-market FT does not include the original contributor's PUT. Buying FT on an exchange therefore does not create a claim to recover someone else's deposit. The platform's June 2026 update reported that capital released from invalidated positions was already being used for buybacks and burns.
Where to trade FT
5 exchanges · top 10
Live spot quotes from connected exchanges
FT funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.