Flying Tulip Raises Capital for On-Chain Trading Platform with 1000x Leverage and Yield-Based Liquidity

Flying Tulip, an on-chain trading platform founded by Sonic Labs co-founder Andre Cronje, is raising capital to support its launch and expansion. The platform offers 1000x leverage, adaptive AMMs, and yield-backed liquidity. Funds raised will go toward yield strategies, and the FT token has a fixed supply and is not yet live. The platform aims for centralized exchange-level performance and has a competitive edge with its adaptive curve AMM and hybrid compliance features.

Andre Cronje, a prominent figure in the blockchain space, is leading a new venture aimed at revolutionizing decentralized trading. Flying Tulip, an on-chain trading platform founded by Cronje, has begun raising capital to support its launch and expansion. The platform promises to offer high-performance trading features, including 1000x leverage, adaptive Automated Market Makers (AMMs), and yield-backed liquidity [2].

Cronje, co-founder of Sonic Labs, has invited U.S.-based funds to contact the team for investment opportunities. The funds raised will primarily be used to support yield strategies, with the platform’s native token, FT, having a fixed supply and not yet live [2].

Flying Tulip aims to deliver a high-performance, full-featured decentralized exchange built entirely on the Sonic (S) layer-1 blockchain. Its liquidity model is powered by a synthetic delta-neutral pool backed by staking yield, enabling features such as spot and perpetual trading, lending, and options. The platform’s adaptive curve AMM switches between two pricing models based on market volatility, providing traders with better prices and increasing returns for liquidity providers [2].

The platform also incorporates hybrid compliance features, including tax reporting and Office of Foreign Assets Control screening, to ensure regulatory compliance [2]. This innovative approach sets Flying Tulip apart from traditional centralized exchanges, offering a secure and transparent environment for decentralized trading.

The community has responded positively to the project, with many comparing its goals to a decentralized version of GMX and Binance, without the centralized custody risks. However, the platform’s success will depend on the reliability of its oracles for real-time pricing and volatility data [2].

The strategic use of crypto capital will support initial service stabilization, marketing initiatives, launchpad incentives, and token liquidity through revenue generation. This sustainable funding model emphasizes long-term growth and stability for the platform [3].

Flying Tulip’s launch and funding underscore the continuous evolution of decentralized trading. An on-chain trading platform offers transparency and security, addressing concerns related to data privacy and security breaches associated with centralized exchanges. The platform’s focus on initial service stabilization and enhancing token liquidity sets a precedent for sustainable development in DeFi [3].

The involvement of Cronje, known for his successful contributions to the blockchain ecosystem, adds credibility to the project. His focus on creating practical and efficient tools for decentralized finance resonates with the community’s demand for reliable platforms. As the DeFi sector continues to expand, robust and user-friendly on-chain trading platforms like Flying Tulip are becoming increasingly vital [3].

In conclusion, Flying Tulip’s initiative to raise capital marks a significant development in the DeFi space. By focusing on an on-chain trading platform and adopting a sustainable funding model, Flying Tulip is poised to contribute meaningfully to the advancement of blockchain finance. This venture promises to enhance liquidity, stability, and user experience, further solidifying the future of decentralized trading.

References:
[1] https://www.bloomberg.com/news/articles/2025-08-13/millennium-backed-trader-explores-1-billion-external-cash-raise
[2] https://crypto.news/sonic-labs-capital-flying-tulip-on-chain-platform-2025/
[3] https://bitcoinworld.co.in/flying-tulip-capital-raise/