Reached $1 million in ftUSD minted.

Generated approximately $400,000 in protocol-generated passive orders for onchain liquidity.

Daily revenue is $3,500.

Generated $33.5M total volume, bought back and burned $1M tokens, and saw $500K in Options market sales.

Maintains a secondary market price floor at approximately $0.098 via NAV buyback limit orders and market buys from yield/revenue/fees.

Token holder count on Ethereum increased approximately 20x in the week ending March 4, 2026.

achieved approximately $180k in trading volume on the Equalizer pool

Reached $175M in current investment value, peaking at $207M, with 4.8M tokens withdrawn from Options. Total value sits at $149.03M (1.49B tokens).

Partnered with thedefiedge for the token sale and protocol launch.

Completed TGE via CoinList on February 23, 2026.

Reached $130,000,000 TVL across Ethereum, Sonic, Avalanche, and Base, generated $153K in yield.

Raised $10m through CoinList via a mechanism where investors' principal remains deposited in smart contracts with an anytime refund option via PUT contracts.

Raised funding as part of a combined $120M round alongside ZBD, Jupiter, and Opinion in Q1 2026.

Raised $25M in follow-on funding with principal deposited in smart contracts, offering anytime refund via PUT contracts.

Raised $55M through Impossible Finance, with investor principal deposited in smart contracts and an anytime refund option via PUT contracts.

Investors can burn tokens for complete refunds, and raised capital is deployed in DeFi to generate yield used for buybacks and operations.

Andre Cronje implements an educational quiz system requiring a 10/10 score to access the public sale, with participants receiving a Sonic-issued NFT proof upon passing.

TGE expected by end of year with rumored/speculative likelihood rating on an upcoming token launch tracker.

Flying Tulip ranks first among perpetual DEXs with a $200M valuation, ahead of Lighter ($68M), GTE ($25.9M), Reya ($16M), and other competitors in the landscape.

The purchase date for $IDIA stakers is delayed for enhanced security while the unlock date remains unchanged. Stakers received an average allocation of $12,264 for staking $1,817 worth of $IDIA (priced as of Nov 17).

The ICO runs until November 21.

Concerns emerge about MEV Capital and Re7 Labs managing the $1B treasury, with criticism of their risk management following an xUSD situation.

A 10-question quiz opens for whitelist access.

Whales Market reports over 180K watchers on its pre-listing watchlist, which includes flying tulip alongside MetaMask, Rainbow, OpenSea, and Moonbirds.

Multiple fake X accounts and Telegram groups impersonate the project, with the team warning users that only this account provides official sale announcements.

DWF Labs participated in and supported a funding round in October 2025.

$15M allocation sale launches through $IDIA token staking on BNB chain with staking period from October 31 to November 17, 2025, featuring two pool options (1x and 5x weight multipliers), followed by two purchase periods November 18-21, 2025, with bonus allocation for stakes exceeding 20,000 $IDIA.

The public sale through Impossible Finance has 0% fees with the platform waiving its normal charges, and all participants across all rounds receive the same terms with KYC required for participation.

The perp DEX releases its roadmap.

Deployed revenue-backed model for token buybacks and burns, perpetual put option, and $ftUSD stablecoin; launched on Ethereum, Base, Binance, Avalanche, Sonic, and Solana, with $ftUSD live on Ethereum and Sonic. Integrated Stargate Finance for $FT token bridging between Sonic, Ethereum, BNB Chain, Avalanche, and Base; launched liquidity pool on Equalizer with USDC pairing.

Founded by Andre Cronje, founder of Yearn Finance ($YFI).

Ranks #17 among projects with highest smart follower growth over the last 2 days according to @_dexuai data.

Token sale operates across six chains with structured rounds and allocation caps.

$FT lists on a pre-market trading platform.

Deposits scheduled to open soon.

Public sale active on Conlist.

Launched on Ethereum February 16, 2026. Public sale begins February 11, 2026, with deposits capped at $1B, offering stablecoin and perps products.

Raised $446M in Q1 2026, including $204.6M committed in public sale at $0.10 per token with 100% unlock at TGE and onchain refund. Valued at $1B FDV, holds over $205M in FtPut contracts with perpetual put and built-in redemption options, and launched FT Token and yield-bearing stablecoin.

Generated $4.4M revenue in 24 hours; protocol fees, revenue, and yield buy back FT tokens for holders.

The early access public sale on IMPOSSIBLE receives over $1B in interest. Full sale details are coming soon.

Andre Cronje confirmed as the creator behind the DEX launching on Sonic chain.

Launched public token sale February 16th, 2026 at $0.10 per FT, targeting $1B, ending February 23rd, 2026. Posted 0.98x performance in Q1 2026. Token transferability begins February 23rd, 2026. Deposited $200M; sale proceeds deploy to Aave and Lido strategies with deposits capped at $1B.

Registration form is live for the public allocation of $800M out of a $1B total raise, with $200M already allocated to VCs. The entire raise goes to protocol TVL.

A new documentation hub launches, centralizing project resources and DeFi updates in one location.

The project offers a Put Option token that protects against drawdowns up to -70% while enabling no-loss USDC withdrawals, as demonstrated during recent market volatility.

Partnered with Impossible as official partner for Early Access Public Sale, offering same terms as seed round investors with 100% unlock on TGE, zero team tokens unlocked at launch, a deflationary supply model, and no pre-mine.

Employs a raise model where investors have no downside risk; team receives zero tokens at launch, earning compensation only from generated yield if the protocol generates revenue.

Andre Cronje is confirmed as the builder of the protocol, with the public sale still pending.

Launched ftUSD stablecoin (USDC-to-Aave wrapper) with 7.54% APY without token incentives, and margin lending for leveraged spot trading and total return swaps, featuring initial caps of 1.5m USDC collateral/0.75m debt, 20m S collateral/6m debt, and 8m stS collateral with no debt.

A presale phase is referenced with allocation opportunities being sought by participants at the SonicLabs Summit.

DWF Labs and Lemniscap are confirmed as investors in the seed funding round at $1B valuation that was announced at Token2049.

Developing insurance and options products, expanding suite beyond trading, lending, perpetuals, stablecoins. Tokenomics include revenue-driven buybacks with token burns (not just emissions reduction); unallocated and divested supply burns when revenue reaches $3,500 per day.

Set token supply at 10 FT per $1 raised with 10B cap, fully tradable with no cliffs, vesting, or inflation, and burn capability. Launched $ftUSD, a yield-bearing stablecoin at 8-12% APY, generating ~$40M yearly yield.

A third-party account promotes the project as currently under-the-radar but predicts imminent widespread Crypto Twitter attention, comparing its trajectory to YieldBasis.

Raised $225M across seed and private rounds at $1B valuation, deploying capital to yield strategies on Aave, Ethena, and Spark. Built unified system integrating trading, lending, perpetuals, stablecoins, and insurance with hybrid CLOB plus AMM spot mechanism.

The project will launch on the Sonic Labs platform, providing explicit confirmation of its deployment infrastructure.

The public presale aims to raise $800M at the $1bn valuation, while critics publicly label the project as a scam by Andre Cronje.

Implements continuous buyback and burn program, funded by fees and yield, allowing token holders to redeem deposited assets at par value, hold for upside exposure, or unlock FT to trade; backing capital released for open market buybacks/burns on withdrawal. Features 100% token unlock at TGE, smart contract-enforced price floor, zero team token allocation, fixed supply, zero inflation, no pre-mine, and team compensation tied to protocol revenue.

Built by Andre Cronje with Sonic and Yearn teams.

The $S token is experiencing strong market performance following the funding announcement, marking its first positive movement in 8 months while other altcoins are declining.

Generated $4.4M in 24-hour revenue, offers 4% APY yields through DeFi strategies, potentially producing $40M annual revenue on $1B TVL.

The project plans an $800M public sale in the near future and has secured backing from major investors including Brevan Howard Digital and CoinFund. The team compensation structure involves no initial allocation with revenue-funded open-market buybacks, while the product will be a full-stack on-chain exchange competing directly with Coinbase and Binance.

Funding round of $200 million completed at $1 billion token valuation, featuring innovative structure where the protocol retains yield while considering investor cost of capital.

Revealed launch model targeting $1B mixed-asset raise with 10 FT = $1 tokenomics, including PUT option for asset redemption and continuous buyback/burn. Features a programmatic 10-cent floor price with buyback mechanisms activating if tokens sell below 10 cents.

Project launch expected this fall on SonicLabs platform.

Project actively seeks trader/marketmaker cofounder or fulltime advisor with scripting and cross exchange hedging experience.

SonicLabs season 2 airdrop may integrate with LP positions featuring vesting mechanism, with Andre Cronje working against season 2 deadline.

Tweet suggests Andre Cronje involvement in the project and connection to SonicLabs DeFi ecosystem.

Founder and team tokens implemented with buyback-based vesting mechanism, marking shift from previous no-allocation approach to incentivized development model.

New fundraising model updates traditional fairlaunch concept for current market conditions.

LPs face triple exposure risk through combined IL, options losses, and perpetual losses in unified pools.

Unified exchange integrates spot, perpetuals, lending, and options into single LP with oracle-independent trading system and dynamic slippage management.

New perpetual put options mechanism allows LP token recovery at original exchange rates across multiple assets, including ETH, BTC, SOL, USDe, SUSD, and ftUSD.

Protocol design uses EMA-based system for volatility management, presenting significant risks to liquidity providers due to delayed response times.

Fundraising round and project launch imminent, teased by Andre Cronje.

Sonic launches native S token and integrates Flying Tulip DeFi platform, featuring 90% reduced storage requirements and enhanced execution speed through SonicVM.

Andre Cronje develops new AMM platform with derivative product capabilities.