Flying Tulip, a trading platform on the chain founded by Sonic Labs co-founder Andre Cronje, has started with the attracting of capital to support the launch and expansion.
Summary
- Andre Cronje raises money for Flying Tulip, a trading platform for chains.
- It offers 1000x leverage, adaptive AMMs and liquidity through yield.
- Funds go to strategies; FT Token is a fixed delivery and not yet live.
In a post of August 14 on X, Cronje invited the American funds to contact the team, so that the first public fundraising of the project was marked.
According to details that are shared by Cronje and the project, Flying Tulip is fully built on the Sonic (s) Layer-1 blockchain and delivers a powerful, full, decentralized exchange. The liquidity model is driven by a synthetic delta-neutral pool supported by setting up yields, making functions such as spot and perpetual trade, loans and options possible.
Flying Tulip now picks up capital. If you are a fund established in the US that is interested in investing, please contact [email protected]
Flying Tulip is a powerful fully highly highlighted exchange, fully built on the chain, with liquidity driven by a synthetic delta-neutral liquidity pool …
– Andre Cronje (@andrecronjetech) August 14, 2025
With lever options up to 1000x and adaptive liquidity that lowers the perishable loss and increases capital efficiency, the architecture of the platform to centralized performance at exchange level aims at exchange level.
Use of funds and token model
Cronje explained that the collected funds will go to Flying Tulip’s yield strategies and that only the proceeds will be used for marketing, token liquidity, launch platforms and return. The native token of the project, FT, will be evenly distributed a fixed stock between investors and the foundation, without inflation or on incentive issued issue.
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Holders will have a perpetual right to resell tokens at the original investment percentage in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), Ethena Usde (Usde), USDS or Ftusd. The FT -Token has not yet been launched and the team warned against scams with the help of its name.
Market ambition and competitive lead
Flying Tulip’s Adaptive Curve AMM switches between two price models based on market volatility, giving traders better prices and increasing the efficiency for liquidity providers.
Other functions include non-high-quality portfolios for user control, dynamic loan value ratios to reduce liquidation risks, and hybrid compliance functions such as tax reporting and the screening of the Office of Foreign Assets Control.
The community has responded with a lot of optimism, whereby many compare the goals of Flying Tulip with a decentralized version of GMX and Binance, one that does not have the centralized custody risks. However, the dependence on accurate and resilient oracles for real -time prices and volatility data will be a critical factor for its success.
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