Tulip Protocol

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Tulip Protocol's governance or utility token carries a market capitalisation of 29.938,8 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (29.938,8 $) above the protocol's on-chain TVL (4827,6 $) — a mcap/TVL multiple of 6.20× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Nov 8, 2022
   FTX collapse

Tulip Protocol operates in the Yield category of DeFi. It is deployed on Solana. DeFiLlama tracks 1 historical event for this protocol since 2022.

Tulip Protocol is a single-chain protocol, deployed exclusively on Solana — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. Its token market cap (29.938,8 $) currently exceeds total value locked (4827,6 $) — a mcap/TVL ratio of 6.20 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Tulip Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Tulip Protocol is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure 5,2 Mrd. $ in deposits, giving you a frame of reference for whether Tulip Protocol's own TVL is at the top, middle, or tail of the category.

Pendle

TVL 2,3 Mrd. $ · 24h +0.37%

Spark Savings

TVL 1,4 Mrd. $ · 24h +0.35%

Convex Finance

TVL 722,7 Mio. $ · 24h +0.66%

Multipli.fi

TVL 342,7 Mio. $ · 24h -0.01%

Strata Markets

TVL 259,5 Mio. $ · 24h +0.70%

infiniFi

TVL 177 Mio. $ · 24h +1.74%