ftUSD staking vault with externally distributed FT rewards and conditional queued redemptions.

🏆

Equity curve

Other metrics

3M Sharpe
2.1
3M volatility
2.5%
Age
0.5 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 17.0% 5.4% 2.7% 2.6% 2.6%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.1%0.1%0.1%0.1%0.1%
Withdrawal fee Withdrawal 0.1%0.1%0.1%0.1%0.1%
Net Net 15.1% 4.8% 2.4% 2.3% 2.3%

Curated by Flying Tulip

This vault is curated by Flying Tulip.

Flying Tulip operates the ftUSD stablecoin product and its protocol-managed sftUSD staking positions.

View all Flying Tulip vaults

Running on Flying Tulip protocol

This vault is running on Flying Tulip:

Flying Tulip uses lending, staking and market-neutral strategies to generate yield and FT rewards for sftUSD holders.

View all Flying Tulip vaults

Notes

Performance assumes entry and exit fees USDC -> ftUSD -> sftUSD.

Performance includes FT rewards valued through the Ethereum FT/ftUSD Curve pool. At each reward settlement, distributed FT is converted to ftUSD using the latest available Curve oracle price, divided by the average amount staked during the period, and compounded into the displayed returns. See the Flying Tulip integration documentation for details.

Withdrawals may be subject to a variable exit delay or cooldown; see the Flying Tulip ftUSD documentation.

See the official deployment registry for contract addresses.

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#167#239#536#917#888#984
Ranking on Ethereum#54#75#280#526#524#559
Ranking on Flying Tulip#1#1#1#1#1#1
CAGR (net)82.4% 15.1% 4.8% 2.4% 2.3% 2.3%
CAGR (gross)96.3%17.0%5.4%2.7%2.6%2.6%
Returns (net)1.2% 1.2% 1.2% 1.2% 1.2% 1.2%
Returns (gross)1.3%1.3%1.3%1.3%1.3%1.3%
Sharpe ratio7.513.612.081.471.461.46
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Technical Details

Vault nameStaked Flying Tulip USD
Vault address0xeb48218a4c35c814c7678cbcae88c6ee037f7625
Chain Ethereum (1)
Denomination Flying Tulip USD (ftUSD)
Exchange rate used1 ftUSD = $1.0000
Share tokensftUSD
ProtocolFlying Tulip
HomepageView vault on protocol website
Current TVL1,923,933.29 ftUSD
Peak TVL1,923,933.29 ftUSD
Last share price1.013 ftUSD
Last updated
Last updated block25,845,975
Data refreshed at
Data starts2026-02-24 00:00:00 UTC
Fee modeExternalised
Fees internalisedNo
Featuresflying_tulip_like, share_price_equivalence
Flags---
Whitelist statusUnknown
Deposit statusOpen
Redemption statusOpen

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter