Dear XTers,
XT has closed FT pre-market trading to protect user assets and maintain orderly market operations. All pending FT orders have been automatically canceled. The FT/USDT trading pair will soon be available in the Innovation Zone. Details are as follows:
- Deposit: Opened
- Trading: 09:00 on February 28, 2026 (UTC)
-
Withdrawal: 09:00 on March 01, 2026 (UTC)
[About FT]
Flying Tulip is a full-stack on-chain financial marketplace led by Andre Cronje (the DeFi pioneer behind Yearn.finance, Synthetix, and more). It integrates spot trading, perpetuals, lending, credit, a native stablecoin (ftUSD), and on-chain insurance, built around a cross-margin system that emphasizes capital efficiency and transparent risk management.
Its core innovations include a Perpetual PUT mechanism, which allows users to burn $FT at any time to redeem principal-equivalent value. Funds are deployed into low-risk DeFi protocols such as Aave, Ethena, and Spark, with generated yields used for operations as well as $FT buyback and burn programs.
Website: https://flyingtulip.com/
Blockchain Browser: https://etherscan.io/token/0x5DD1A7A369e8273371d2DBf9d83356057088082c
Risk warning:
- FT is a newly-listed token and its initial price may suffer huge fluctuations, causing partial or total losses. Before trading, please have a full understanding of all the risks in investing in digital assets and be prudent in your own decisions.
- All information displayed on XT does not constitute investment advice. XT does not take responsibility for any direct or indirect losses resulted. XT does not assume responsibility for guarantees or compensation for depositing or locking positions.
Thank you for your support!
XT Team
February 28, 2026
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.