Flying Tulip has unveiled a comprehensive DeFi framework that consolidates spot trading, lending, perpetual contracts, insurance, and a native stablecoin within a unified collateral system. This innovative protocol seeks to eliminate inefficiencies in fragmented DeFi services by allowing cross-product collateral reuse and adjusting parameters in real-time based on market liquidity and volatility. Key features of the system include ftUSD, a delta-neutral stablecoin, and FT Lend, a self-adaptive lending market. Operating across multiple blockchains such as Ethereum and Solana, the protocol leverages on-chain data to dynamically manage risk, pricing, and capital efficiency. The native FT token facilitates governance and value accrual, with revenues from the protocol directed towards token buybacks and burns.