News

News on March 10th, Sonic (formerly Fantom) co-founder Andre Cronje (AC) has added the tag "flyingtulip founder" to his personal X profile. According to the official website of the project, flyingtulip is positioned as a new generation of intelligent trading protocol that can support more than 50 times leverage trading. The protocol uses adaptive curve technology, which can automatically adjust between constant product and constant sum curves according to real-time market volatility, providing traders with better execution prices while bringing optimal returns for liquidity providers.

In light of Trump's chaotic tariff policy and federal government layoffs, bond traders are signaling an increasing risk of economic stagnation in the United States. Less than two months into Trump's presidency, there was speculation that he would inject stimulus measures to expand the US economy and continue to put upward pressure on US Treasury yields, but this speculation is quickly being discarded. Instead, traders have been buying short-term U.S. Treasuries in large quantities since mid-February, with a significant drop in two-year Treasury yields. The market expects the Federal Reserve may resume rate cuts as early as June to prevent economic deterioration.