Flying Tulip Unveils Full Financial Stack on Ethereum and Sonic

Flying Tulip's full financial stack has gone live on Ethereum and Sonic, including ftUSD, Lend, spot and leverage trading, and TRS.

The launch brings the protocol's lending and trading services to two major venues in one release, widening Flying Tulip's distribution beyond a single chain.

Deposits flowing in from both Ethereum and Sonic will route deposit and trading revenue into FT buybacks, giving users a clearer path for protocol-driven FT demand.

The stated APYs for USDC on Lend are 3.55% on Ethereum and 7.84% on Sonic, while ftUSD APY is not specified in the source.