AL C retweeted
WingRiders Expands Cardano Infrastructure for AI Agents
@wingriderscom just added Blockfrost support to the Open Wallet Standard, building on the Cardano integration they shipped last month.
Local wallet signing, transaction tools, and scoped access controls for AI agents now with a choice of network providers. Initial Midnight support is in too.
Shared infrastructure that other apps and agent builders can use today.
$ADA $WRT
#Cardano #AIAgents #OpenWalletStandard #CardanoCommunity
Read more here 👇songmarketcap.com/cardanonew…
AL C retweeted
Navigator Predict is live.
Call BTC Up or Down. A new round every 5 minutes.
• Buy Up or Down for cents. Right call pays $1 a share.
• No leverage. No liquidation. No funding.
• One tap, from the same USDC balance you trade perps with.
navigator.exchange/predictio…
AL C retweeted
Your next market move might start beyond crypto.
From tech stocks to gold, oil and global indices - explore RWA perpetuals on Navigator.
Trade your view of real-world markets, onchain.
navigator.exchange
#RWA #Navigator
AL C retweeted
🔥🔥🔥
5.9M S burned! 🔥
As previously communicated, unclaimed tokens from the Sonic airdrop were scheduled to be burned.
On October 15, the burn was triggered permissionlessly onchain, permanently removing 5.9M S from circulation.
Transaction hashes:
sonicscan.org/tx/0xf2c8634f7…
sonicscan.org/tx/0x4b335d2f4…
AL C retweeted
Flying Tulip Weekly Update: October 30
Protocol buybacks passed 1.7 million ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c this week. Including NAV buybacks and burns, over $3M worth of FT has been bought back in total.
This week we explained:
▸ How collateral can earn while limit orders wait
▸ How TRS works without auto-deleveraging (ADL)
▸ How circuit breakers limit abnormal outflows
ftUSD supply remained stable at $5.55M, in addition to $22.26M in TVL across Flying Tulip products.
Current APYs — Ethereum / Sonic / BNB:
— USDC on Lend: 3.8% / 7.6% / 7.0%
— sftUSD: 7.5% / 12.5% / 13.2%
Earn on Ethereum, Sonic and BNB Smart Chain through ftUSD staking and Lend, with additional Flying Tulip Rewards for eligible activity.
More stats in reply👇
AL C retweeted
Flying Tulip is rolling out interconnected products that share pricing, collateral and settlement infrastructure.
Your deposits earn yield in Lend while providing borrowing power and collateral for Trade or TRS. The same margin account is used across all products without needing to withdraw and redeploy assets between disconnected protocols.
This extends to limit orders. Set your target price, and collateral supplied to Lend keeps earning while your order waits. Even if your bid never fills, your still earn.
AL C retweeted
On Flying Tulip, stink bids keep earning! While your order waits on Trade or TRS, collateral earns on Lend.
AL C retweeted
The security of user funds is our top priority.
Flying Tulip's circuit breaker system limits how quickly funds can leave the protocol. Withdrawals above the available capacity are restricted or delayed, giving the team time to investigate, respond and contain losses.
🚨 Today's events are another reminder of why security infrastructure matters in DeFi.
Polymarket suffered a confirmed third-party security breach, with approximately $2.65M linked to suspicious onchain activity.
Meanwhile, Binance is possibly facing over $2B hack.
This is where Flying Tulip approach to security comes into action.
@flyingtulip_ circuit breaker mechanism is designed to provide an emergency response when abnormal activity or a potential exploit threatens the protocol.
The principle is simple
detect a threat, restrict vulnerable operations and contain the damage before it spreads.
Instead of allowing suspicious activity to continue unchecked, circuit breakers can give a protocol the ability to intervene at critical moments.
It matters because in DeFi or as you can see CeFi, millions can disappear within seconds, having mechanisms designed to contain an incident can make an enormous difference.
Security isn't just about preventing an exploit. It's also about how quickly a protocol can respond when something goes wrong.
Flying Tulip infrastructure is the solution.
$FT 🌷
AL C retweeted
A security alert can tell you something is wrong.
But it can't stop the money from leaving.
The recent incidents involving Polymarket and Binance are reminders of how much damage can happen before an effective response is possible.
@flyingtulip_ addresses this problem by limiting how quickly capital can leave protected contracts.
With ftUSD's CBv2, withdrawals can proceed within the available capacity. Once that limit is reached, additional withdrawals enter a queue with a default delay of approximately six hours.
Deposits continue normally.
The mechanism doesn't need to predict every attack or identify every compromised component.
It introduces a limit on how quickly capital can leave, creating an opportunity for the security team to investigate and intervene.
For @SonicLabs, where fast execution is a fundamental advantage, application-level risk controls like this add an important layer to the financial infrastructure being built.
A six-hour window doesn't guarantee that funds will be saved.
But it can change how much damage an attacker can do before anyone has the chance to respond.
Detection provides information. Containment buys time.
ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c sonic-3:native
🤖 Made with AI
AL C retweeted
Have a look at $FT.
Nearly $2M in buy orders sitting around NAV, while the visible sell side liquidity is considerably thinner.
Now watch how Flying Tulip's mechanism works.
When holders withdraw from their perpetual PUTs, the backing capital is deployed into NAV buy orders. That capital earns yield while waiting to fill.
When those orders execute, the purchased FT is burned. The yield also funds additional spot buybacks, which are burned too.
So we're looking at a system where capital provides buy side liquidity, generates yield and continuously creates opportunities to remove FT from circulation.
Now imagine this mechanism alongside growing platform adoption and demand for FT.
The supply dynamics is rare.
Genius🌷
Every ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c entering circulation comes from a withdrawal from a Perpetual PUT.
At the same time, the PUT backing capital is deployed into limit buy orders at NAV on Flying Tulip’s Trade.
That capital earns yield while waiting to fill. The yield funds additional FT purchases at spot. FT bought through both routes is burned.
AL C retweeted
Flying Tulip's circuit breakers continuously monitor funds leaving the protocol, and proactively rate limit outflows during abnormal withdrawal activity.
They are designed to detect patterns linked to exploits or coordinated attacks.
By slowing withdrawals, they prevent rapid draining of protocol funds. The mechanism gives the team time to respond while protecting user capital.
👉More in the docs: docs.flyingtulip.com/risks/c…
AL C retweeted
There is no active counterparty in TRS. For a leveraged BTC long, the protocol borrows USDC and buys BTC.
AL C retweeted
Flying Tulip’s Total Return Swap (TRS) has no auto-deleveraging (ADL). A profitable position isn’t forcibly reduced to cover another trader’s loss.
Lend, Trade and TRS share the same margin account. Collateral keeps earning yield while an order waits. After execution, users pay borrowing costs while earning yield on collateral and leveraged exposure.
AL C retweeted
Today is a good reminder of why systems like @flyingtulip_ x Circuit Breaker matter.
Polymarket suffered a ~$2.65M security incident, while ~$2.77B moving out of Binance-linked wallets triggered hack fears across the market.
In DeFi, you can’t assume every exploit will be prevented. What matters is also how much damage can be done once something goes wrong.
Flying Tulip’s Circuit Breaker rate-limits abnormal outflows, effectively putting a speed limit on withdrawals and giving the system time to react before an attacker can drain a much larger amount.
That kind of built-in protection can make all the difference when things go wrong. 🌷
docs.flyingtulip.com/risks/c…
AL C retweeted
Vault in the spotlight: Staked Flying Tulip USD from @flyingtulip_
Last month, yielding 10% annualised.
Flying Tulip uses several underlying strategies to generate yield
- Stablecoin lending and savings: supply stablecoins to Aave and Spark to earn interest.
- Lending-based delta-neutral carry: post stablecoin collateral, borrow a native asset such as ETH, then stake it. Earn the difference between staking returns and borrowing costs.
- Crypto-collateral carry: deposit a yield-bearing asset such as staked ETH, borrow matching ETH exposure, sell the borrowed ETH into dollars and deploy those dollars for yield.
- Peg arbitrage and CFD/perpetual: coming soon
Flying Tulip is an onchain financial platform from @AndreCronjeTech. It made notable headlines with an innovative funding model: all $200M raised for the project is used as principal for DeFi strategies, and the team lives off the profits only.
Performance includes Flying Tuplid rewards valued through the Ethereum FT/ftUSD Curve pool. We are also currently modelling USDC entry and exit costs at 0.1%, since ftUSD isn't yet adopted elsewhere. Without this, monthly gross return is 12%
The screenshot is from Sonic Chain. The vault is also deployed on Ethereum and BNB Chain.
tradingstrategy.ai/vaults/pr…
AL C retweeted
Yield consistency is just as important as high yield. But both is better.
AL C retweeted
Protocol buybacks + NAV buybacks burns over $3m worth at this point. That's $3m worth of tokens bought with revenue in 8 months. Highest for any protocol.
AL C retweeted
Earn yield on stink bids.
