Live · updated 23 minutes ago
Flying Tulip Price chart
Key stats
Performance
How the price moved over each period.
Supply
486.60M of 516.75M FT are in circulation.
- Circulating
- 486.60M
- Total supply
- 516.75M
- Max supply
- 516.75M
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 0.03% of market cap. Thin trading; small orders can move the price.
$55.78M market cap, rank #323. Bigger is harder to push around.
94% of the maximum supply circulates. Little dilution ahead.
31.5% below its all-time high of $0.1674.
Largest recent swing: 3.92% a day. Moderate.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
Loading…
What is Flying Tulip (FT)?
Flying Tulip is an onchain finance project founded by Andre Cronje. It aims to bring spot trading, derivatives, lending, money markets, a native stablecoin called ftUSD and insurance into one cross-margin system. FT is its token. After a private seed round of $200 million structured as a SAFT, the project ran a public sale, and the token became transferable on 23 February 2026. The project is separate from other assets that use the FT ticker, which is why the contract address matters.
What FT is used for
FT sits at the centre of the project's funding and value model:
- It carries the perpetual put. Buyers in the seed and public rounds can burn FT at any time to redeem up to their original principal in the asset they contributed, such as ETH.
- It receives protocol revenue through buybacks. Fees from trading, lending, liquidations, ftUSD yield and insurance are meant to fund open-market purchases of FT.
- It funds the team. Team members receive no initial allocation and are instead paid through scheduled buybacks funded by protocol revenue.
FT supply and token design
The distinctive feature is the put. Redemptions run through audited smart contracts with queues and rate limits, and if reserves are temporarily short, requests wait until capital is replenished. FT tokens that are burned to exercise the put leave circulation permanently. The project says raised capital is not spent but deployed into onchain yield strategies through protocols such as Aave, Ethena and Spark, and the resulting yield is meant to finance growth, incentives and buybacks. Live circulating supply is shown in the market data on this page.
The same contract address, 0x5dd1a7a369e8273371d2dbf9d83356057088082c, is used on Ethereum, Sonic, BNB Smart Chain, Base and Avalanche. Sonic was the first chain the project planned to harden before expanding.
Official information is on flyingtulip.com.
What to check before using FT
- The put is a right tied to the original purchase terms. Check how the project treats transferred or secondary-market tokens before assuming you hold it.
- Redemptions depend on available reserves, queues and rate limits, so exit is not instant in stress.
- Yield strategies add smart-contract and counterparty risk from the protocols used.
- Much of the model relies on future revenue and buybacks that have not yet been proven at scale.
- The token contract includes a pause mechanism controlled by a privileged role, and the same address spans many chains, so confirm it from the official site.
Flying Tulip project profile
- Open source
- No
Token contracts
- Ethereum:
0x5dd1a7…88082c - Sonic:
0x5dd1a7a369e8273371d2db… - BNB Chain:
0x5dd1a7…88082c - Base:
0x5dd1a7…88082c - Avalanche:
0x5dd1a7…88082c
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Flying Tulip market analysis
With a market capitalisation of $55.78 million, Flying Tulip (FT) is classed as a micro-cap asset and ranks #323 of 402 cryptocurrencies with a reported market cap on CryptoWave, larger than about 19.7% of them. It accounts for roughly under 0.01% of the combined tracked market value. Micro-cap assets are thinly traded in most cases: a modest order can move the price and spreads are often wide.
Over the last 24 hours roughly $15.6 thousand of FT changed hands, equal to 0.03% of its market cap, which puts its trading volume ahead of about 16.2% of tracked assets. Trading activity is very low relative to market cap, which usually points to poor liquidity. Its turnover ratio is higher than that of about 16% of tracked assets.
Price action: FT moved −0.14% in 24 hours and −10.20% over 7 days. It outperformed Bitcoin by 1.54 percentage points over 24 hours but underperformed it by 5.95 points over 7 days. Against the median tracked coin (ahead by 1.42 points on the day and behind by 5.31 points on the week), it has been a relative laggard in recent sessions.
To overtake Banana For Scale (BANANAS31) just above it, Flying Tulip would need to grow its market cap by about 0.5%; it is 2.1% larger than Intel (bStocks Tokenized Stock) (INTCB) just below. Its market cap is under 0.01% of Bitcoin's.
Based on market data; not investment advice.
Flying Tulip FAQ
What is Flying Tulip (FT)?
Flying Tulip is an onchain finance project founded by Andre Cronje, and FT is its token. It combines trading, lending and a native stablecoin, ftUSD, in one system.
What is the Flying Tulip perpetual put?
Seed and public-sale buyers can burn FT at any time to redeem up to their original principal in the asset they contributed. Redemptions run through smart contracts with queues and rate limits.
Who created Flying Tulip?
Flying Tulip was founded by Andre Cronje. The team receives no initial token allocation and is paid through scheduled buybacks.
When did FT launch?
FT became transferable and began trading on 23 February 2026, after a private seed round and a public sale.
Price history
| Date | Open | High | Low | Close |
|---|---|---|---|---|
Historical price data is not available yet for this asset. | ||||