The ever-ambitious Cronje announced on X on August 14 that Flying Tulip was now formally accepting donations from U.S.-based funds. This is the project's first public fundraising attempt, and I can't help but believe that this could be the next big thing in decentralized exchanges.
Flying Tulip is now raising capital. If you are a USA based fund interested in investing, reach out to [email protected]
— Andre Cronje (@AndreCronjeTech) August 14, 2025
Flying Tulip is a high-performance full featured exchange, built entirely on-chain, with liquidity powered by a synthetic delta-neutral liquidity pool…
Built on the Sonic (S) layer-1 blockchain, Flying Tulip is expected to provide a fully functional, high-performance decentralized exchange. With its liquidity model, a synthetic delta-neutral pool driven by staking yield, it seeks to elevate the game. Thus, anticipate features like options, lending, and spot and perpetual trading.
Leverage and Liquidity Like Never Before
This is where things start to get interesting: Leverage options from Flying Tulip can reach an astounding 1000x. You read that correctly a thousand times. You have a platform that can provide centralized exchange-level performance without the risks associated with centralized exchanges when you combine that with adaptive liquidity, which reduces impermanent loss and increases capital efficiency.

I believe it's safe to say that this platform has the potential to attract attention in the cryptocurrency community if it fulfills its promises.
How Flying Tulip Is Going to Spend Money
Cronje stated unequivocally that any money raised would go toward the yield strategies of Flying Tulip. More intriguingly, launchpad incentives, token liquidity, buybacks, and marketing will all be funded solely by the yield from those funds. FT, the project's native token, will be distributed equally among investors and the foundation and have a set supply. There are no devious tactics because there is neither inflation nor incentive-based issuance.
The best part is that holders of FT tokens will always be able to sell them back for the initial investment price in a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others. At least you have a good safety net in case the project doesn't succeed, which I believe it will.
A Competitive Edge in the Market
The novel adaptive curve AMM from Flying Tulip is intended to alternate between two pricing models in response to fluctuations in the market. Better prices for traders and higher returns for liquidity providers are anticipated as a result. Additionally, it provides hybrid compliance features like tax reporting and OFAC screening, non-custodial wallets, and dynamic loan-to-value ratios.
The community is humming with excitement as they liken Flying Tulip to a decentralized version of Binance and GMX. And they have a lot of potential, so I can't blame them. The finest aspect? The centralized custody risks that these platforms encounter won't apply to it.
But, and this is a big "however", the platform's dependence on reliable oracles for real-time pricing and volatility data will be crucial. In my opinion, this is make or break for Flying Tulip. They might be on their way to changing the decentralized exchange scene if they can master that element.
So, should you be paying attention? Yes, I do believe so. With its audacious goals, Flying Tulip may have the advantage it needs to make an impression.

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