According to Mars Finance, Andre Cronje (AC), co-founder of Sonic Labs (formerly Fantom), posted on the X platform that Flying Tulip is raising funds and welcomes interested American funds to get in touch. It is reported that Flying Tulip is a new high-leverage contract exchange disclosed by AC in March of this year. The exchange's token will be FT, with a fixed supply of FT, no token inflation or token incentives, with 50% allocated to investors and 50% to the foundation. Compared to traditional AMMs, Flying Tulip's adaptive curve can reduce impermanent loss by up to 42%, allowing for leveraged liquidity provision to amplify returns while maintaining the advantages of an all-around position.