Flying Tulip USD
FTUSD Rank #1871Price chart
What is Flying Tulip USD?
Overview
ftUSD is a dollar-pegged token designed for stability and on-chain composability across decentralized finance. Users can hold unstaked ftUSD for straightforward dollar functionality, or stake it as sftUSD to earn yield. The token operates without oracles or centralized intermediaries.
How it works
ftUSD is deployed on Ethereum and remains fully on-chain and auditable. Holders can opt into yield generation by converting their ftUSD to staked ftUSD (sftUSD). Revenue from unstaked token holdings accrues to the protocol to support operations and liquidity.
Peg and backing
The token maintains a dollar peg through protocol-level mechanisms and on-chain transparency. Revenue generated from unstaked ftUSD balances funds protocol operations and deepens liquidity reserves. Stakers receive distributed yield derived from these protocol revenues.
Supply
Total supply stands at approximately 4.1 million ftUSD with no announced maximum cap. The token has no described inflation or emission schedule.
Where to trade FTUSD
1 exchanges · top 10
Live spot quotes from connected exchanges
FTUSD 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.