PANews reported on March 10 that Sonic co-founder Andre Cronje (AC) added the label "Founder of flyingtulip" to his X profile. Flyingtulip is positioned as a new generation of intelligent trading protocol, supporting more than 50 times leveraged transactions, and has adaptive curve AMM, rVOL, IV, TWAP & RWAP oracles, dynamic & volatility-adjusted LTV money market, up to 1000 times leverage, perpetual contracts and options on LP and on-chain insurance, while achieving no gas fees, no wallets, and no KYC. Official data shows that the protocol can provide 42% better quotes, LP returns increased by 9 times, and capital efficiency reached 85%. In addition, flyingtulip uses the AMM-Based LTV model to calculate the loan-to-value ratio (LTV), combined with AMM depth, volatility and market liquidity dynamic adjustments to optimize capital utilization and reduce liquidation risks.

It is worth noting that the new generation of intelligent trading protocol flyingtulip may only be launched on Sonic.