Flying Tulip (FT)

OGAudit Web3 Research: @flyingtulip_ $FT - The Next Evolution in Capital Efficiency?

Flying Tulip represents a sophisticated shift in DeFi architecture, moving away from static pools toward a more intelligent and automated liquidity layer:

- The core product innovation is a proprietary bonding curve that adjusts in real time based on market volatility. By using Rebalancing Vaults, the protocol automatically shifts liquidity to the most efficient price ranges.
- The protocol utilizes a refined ve(3,3) model, allowing users to lock $FT in exchange for Tulip Power. This empowers the community to direct protocol emissions and earn a share of the transaction fees.
- Backed by a $200M seed round and a validator set featuring global heavyweights, Flying Tulip is built for scale. The protocol is designed to handle high volume institutional flows, providing the kind of low slippage environment usually reserved for centralized exchanges.

Is this an undervalued DeFi infrastructure play with elite institutional backing ($200M seed) and a high efficiency bonding curve model or does the massive FDV overhang and concentrated governance make FT a high stakes Key Person risk?

Category: DeFi / Infrastructure
Coin Name: $FT
Circulating Supply: 1.50B
Market Cap: $127.3M
Market Cap Rank: #223
OG (Trust) Score: 24.63
OG Score Rank: #1713
Reviewed by 4 OG Auditors.

See the full audit, reviews and more on the $FT Coin page: ogaudit(.)com/crypto/flying-tulip-ft
https://t.co/RdIObaQfMU

Alright folks - turns out this $FT market resolved a big YES for everything $1B FDV and below.

That $1B bet even dipped to ~10% mid-way → 10x by expiry at 100%.

If even I could read the docs and catch it (was kinda obvious tbh), yeah… probably anyone could.

Textbook asymmetric bet btw 😄

In response to predictions on the forecasting market about the FDV (Fully Diluted Valuation) of the new project Flying Tulip (FT) token after its launch, Flying Tulip founder Andre Cronje posted that this kind of betting gives the project release a "strange perspective." The team only became aware of the oddity and discovered the market after a large number of FDV-related questions appeared on Discord. He emphasized that, given FT's mechanism design, FDV is largely irrelevant; because PUT investors can redeem at 10 cents (more precisely, the Net Asset Value (NAV) extracted from PUT FT), they have no reason to sell below that price. If they did, the funds would constitute a floor price of 10 cents. https://t.co/3GGXSuz2L4