# Flying Tulip (FT): crypto price, market cap and strength versus Bitcoin > Flying Tulip (FT) closed at $0.1115 on 3 November 2026, with a market capitalisation of $54.3M (rank 416) on 4 November 2026. On 30 October 2026 it was above its 200-day average of $0.1031, which is rising. Over 90 days it is 3.9 percentage points behind Bitcoin. Perps/Derivatives as a theme is -4.6% against Bitcoin over 13 weeks. Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## What is Flying Tulip (FT)? Flying Tulip (FT) is a crypto token that CoinGecko lists under decentralized finance (DeFi), derivatives and perpetuals. We place it in the Perps/Derivatives theme, with 12 coins. Its highest daily close since 27 February 2026 was $0.1627 on 12 October 2026; its lowest was $0.07018 on 20 April 2026. ## Agent research brief - What this coin is: Flying Tulip (FT), a Perps/Derivatives token of $54.3M at market-cap rank 416. On-chain activity is sourced from protocol. - What the tape says: 3.9 percentage points behind Bitcoin over 90 days; above its 200-day average. Perps/Derivatives as a theme is -4.6% against Bitcoin over 13 weeks. - What the evidence supports: Nothing is ranked for Flying Tulip this week: No traded volume is reported on most of the last 30 days, so it has no liquidity reading. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Flying Tulip does publish network fees, protocol revenue, total value locked. Theme: Perps/Derivatives (/crypto/sector/perps-derivatives). Price 2026-11-03; market-cap snapshot 2026-11-04. ## Price, returns and risk Flying Tulip's one-year return is withheld because the series is incomplete. Annualised 30-day volatility is 139%. Its deepest fall from a high inside the last 90 days is 29%. It trades above its 200-day average, which is rising. - Price: $0.1115 - Market cap: $54.3M (rank 416) - Returns: 7d -14%; 30d -3.8%; 90d +19%; 180d +32%; 1y n/a - Versus Bitcoin, 90d: −3.9 pts (percentage points: its return minus Bitcoin's) - 30-day volatility: 139% annualised; deepest 90-day fall 29% - 200-day average: $0.1031, trading above it ## Protocol economics Flying Tulip publishes 3 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q3 2026 quarter. - Network fees: trailing four quarters , ; change , ; covered 2/20 quarters - Protocol revenue: trailing four quarters , ; change , ; covered 2/20 quarters - Total value locked: latest quarter $12.2M; change , ; covered 2/20 quarters ## Research score Flying Tulip is NOT RATED this week. No traded volume is reported on most of the last 30 days, so it has no liquidity reading. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## Perps/Derivatives scorecard Flying Tulip is one of 12 Perps/Derivatives coins here, 7 of which carry enough evidence to be rated and ranked. Flying Tulip is not among them this week, for the reason stated above. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. ETHGas (GWEI): score 60.1; evidence 50%; Price-led, little network data - 2. GMX (GMX): score 57.2; evidence 43%; Thinly traded - 3. Genius (GENIUS): score 49.2; evidence 43%; Price-led, little network data - 4. Avantis (AVNT): score 43.4; evidence 81%; Behind most - 5. SynFutures (F): score 40.9; evidence 50%; Thinly traded - 6. Gains Network (GNS): score 35.1; evidence 91%; Thinly traded - 7. Fulcrom (FUL): score 29.9; evidence 50%; Thinly traded - , . Flying Tulip (FT) [this coin]: score not rated; evidence 0%; Not rated ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Flying Tulip (FT)? Flying Tulip (FT) is a crypto token that CoinGecko lists under decentralized finance (DeFi), derivatives and perpetuals. We place it in the Perps/Derivatives theme, with 12 coins. Its highest daily close since 27 February 2026 was $0.1627 on 12 October 2026; its lowest was $0.07018 on 20 April 2026. ### What is the market cap of Flying Tulip? Flying Tulip's market capitalisation is $54.3M, ranking it 416 in the top-1,000 crypto universe, read on 4 November 2026. It is refreshed separately from the daily price. ### Is Flying Tulip beating Bitcoin? Over 90 days Flying Tulip is 3.9 percentage points behind Bitcoin: its own return minus Bitcoin's. Its theme, Perps/Derivatives, is -4.6% against Bitcoin over 13 weeks. Flying Tulip trades above its 200-day average as of 3 November 2026. ### What is Flying Tulip's highest price? The highest daily close we hold for Flying Tulip is $0.1627, on 12 October 2026, in records from 27 February 2026. The lowest is $0.07018, on 20 April 2026. The close on 3 November 2026, $0.1115, is 31% below that high. ### Does Flying Tulip have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### Why is Flying Tulip not rated? No traded volume is reported on most of the last 30 days, so it has no liquidity reading. It stays on the site with its price history visible, because a missing reading is not a middling reading and a made-up score would be worse than none. ### How much Flying Tulip history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Flying Tulip actually publishes. Here that is network fees, protocol revenue, total value locked. ### How much did Flying Tulip earn in the last 30 days? In the 30 days to 30 October 2026, DefiLlama shows $19.1K of fees and $201 of protocol revenue for Flying Tulip. Over 90 days: $39.7K of fees and $217 of revenue. Fees are what users paid; revenue is the part the protocol keeps. ### Does Flying Tulip generate network fees? Flying Tulip publishes a network fees series but not a complete four-quarter total. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.