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Flying Tulip (FT) price calculator and converter

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Flying Tulip (FT) converter and calculator

Convert 1Flying Tulip (FT) to United States Dollar (USD) equals $0 | Bitget

Amount

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USD

Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh refresh

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Bitget converter provides FT to USD real-time exchange rates, making it easy to convert Flying Tulip (FT) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 FT is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 FT is currently valued at 0 USD, which means buying 5 FT would cost 0 USD. Similarly, $1 USD can be converted to Infinity FT, and $50 USD can be converted to Infinity FT, excluding any platform or gas fees.

About Flying Tulip (FT)

What is Flying Tulip?

Flying Tulip is a new decentralized finance (DeFi) protocol designed as a full-stack on-chain exchange. Founded by Andre Cronje, a prominent figure in the DeFi space, it aims to unify multiple financial services—including spot trading, derivatives (such as perpetual contracts), lending, stablecoins (notably its own ftUSD), options, insurance, and structured yield products—into a single, capital-efficient platform with cross-margin capabilities.

The project introduces several innovations, such as impact-based lending (adjusting loan-to-value ratios dynamically), slippage-aware lending markets, leveraged liquidity, and an "onchain redemption right" that allows token holders to burn their FT tokens to redeem their original investment at any time.

It combines automated market makers (AMMs), lending markets, a central limit order book (CLOB), and other tools to address capital inefficiencies in traditional DeFi systems.

The protocol recently raised $200 million in seed funding through a simple agreement for future tokens (SAFT) at a $1 billion fully diluted valuation, with investors including Brevan Howard Digital, DWF Labs, CoinFund, and Republic Digital.Funds will be deployed into low-risk DeFi strategies (e.g., via protocols like Aave and Spark) to generate yields for operations, incentives, and token buybacks.

A public sale of its native FT token is planned, potentially raising up to $800 million at the same valuation, with no upfront token allocation to the team—instead, compensation comes from revenue-funded buybacks.

It will launch initially on the Sonic blockchain (also by Cronje) with zero-fee trading, later expanding to Ethereum, Avalanche, BNB Chain, and Solana.

Revenue is expected from trading fees, lending spreads, stablecoin yields, and insurance premiums.

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Flying Tulip to USD conversion rate trend

The price of Flying Tulip has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of Flying Tulip: What is Flying Tulip and how does Flying Tulip work？

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount

01/10/2025 04:49 today

0.5 BTC

$57,091.47

1 BTC

$114,182.95

5 BTC

$570,914.73

10 BTC

$1,141,829.45

50 BTC

$5,709,147.25

100 BTC

$11,418,294.5

500 BTC

$57,091,472.5

1000 BTC

$114,182,945

USD to BTC

Amount01/10/2025 04:49 today

0.5USD0.{5}4379 BTC

1USD0.{5}8758 BTC

5USD0.{4}4379 BTC

10USD0.{4}8758 BTC

50USD0.0004379 BTC

100USD0.0008758 BTC

500USD0.004379 BTC

1000USD0.008758 BTC

More about BTC conversion

Ethereum conversion tables

ETH to USD

Amount

01/10/2025 04:49 today

0.5 ETH

$2,065.82

1 ETH

$4,131.64

5 ETH

$20,658.19

10 ETH

$41,316.39

50 ETH

$206,581.95

100 ETH

$413,163.9

500 ETH

$2,065,819.5

1000 ETH

$4,131,639

USD to ETH

Amount01/10/2025 04:49 today

0.5USD0.0001210 ETH

1USD0.0002420 ETH

5USD0.001210 ETH

10USD0.002420 ETH

50USD0.01210 ETH

100USD0.02420 ETH

500USD0.1210 ETH

1000USD0.2420 ETH

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.