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Flying Tulip launches ftUSD, lending and TRS on Ethereum

Flying Tulip says its full financial stack—including ftUSD, Lend (spot and leverage trading) and TRS—has gone live on Ethereum and Sonic, with USDC and ftUSD deposits earning stated APYs on-chain.

ETHUSD

Flying Tulip’s full financial stack, including ftUSD, Lend, spot and leverage trading, and TRS, has gone live on Ethereum and Sonic, with USDC and ftUSD deposits earning stated APYs onchain. The deployment brings the protocol’s lending and trading services to two major venues in one release.