Rank #920
On 9,500 watchlists

SolFarm Price (TULIP)


0.0003005 BTC1.93%

0.00449 ETH4.83%

Market Cap
Fully Diluted Market Cap
Volume / Market Cap
Circulating Supply
815,205.78 TULIP
Max Supply
Total Supply

SolFarm to USD Chart

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TULIP Price Live Data

The live SolFarm price today is $18.39 USD with a 24-hour trading volume of $691,350 USD. We update our TULIP to USD price in real-time. SolFarm is down 1.43% in the last 24 hours. The current CoinMarketCap ranking is #920, with a live market cap of $14,992,607 USD. It has a circulating supply of 815,206 TULIP coins and a max. supply of 10,000,000 TULIP coins.

If you would like to know where to buy SolFarm, the top exchanges for trading in SolFarm are currently FTX, ZT, Gate.io, AEX, and Raydium. You can find others listed on our crypto exchanges page.

What Is Solfarm (TULIP)?

Solfarm is the first decentralized yield aggregator on the Solana blockchain with auto-compounding vault strategies. It is designed to take advantage of Solana’s low-cost, high-efficiency blockchain It allows vault strategies to compound frequently and provides stakers with higher APY while requiring less active management. Although the platform is still in beta and all code is experimental, the farm aims for a streamlined user experience with optimal APYs and “set and forget” strategies. It follows the example of Uniswap on Ethereum and PancakeSwap on BSC by providing liquidity to Solana-native DEXes like Raydium and SABER. Users provide liquidity on Solfarm and earn interest on their investment and Solfarm’s native governance token TULIP, while the exchanges benefit from better liquidity.

Solfarm has already undergone a number of iterations. For instance, the team added double-asset reward pools after launch and enabled leveraged farming. In the future, Solfarm plans to optimize its front end to improve the user experience and work on a V2 version of the farm.

Who Are the Founders of Solfarm?

Solfarm was founded by a group of anonymous people with experience in the DeFi space. “Momo” and “senx” are listed as co-founders, the former having four years of crypto experience managing blockchain projects “with a keen interest and eye for DeFi products,” the latter having multiple years of operational experience in tier 1 crypto exchanges and an experienced on-chain farmer. Solfarm’s Lead Developer is “therealssj,” who’s been working in the space since 2017. “Post” is the senior developer, a blockchain developer with a background in systems administration and involved in the ecosystem since 2011. “Littlepoggers,” a mining and node-running enthusiast, is the System Admin & Junior Developer. Finally, “barney” is the UI/UX Developer with work experience for two unicorn startups.

What Makes Solfarm Unique?

One of Solfarm’s key value propositions is leveraged yield farming. Like normal yield farming, leveraged yield farming has a borrower and a lender, who deposit their assets into the lending pool to earn a variable deposit rate with automatically compounding interest. That way, yield farmers can increase their positions and earn even higher annualized yield, although they are still subject to smart contract and liquidation risks. Solfarm liquidates at a 85% loan-to-value ratio. At that point, the position will be forcibly closed and the collateral will be returned after the loan has been settled and the liquidation bounty has been paid.

Leveraged yield farming also bears a directional risk. A farmer that supplies USDC and borrows RAY to farm in the RAY-USDC liquidity pool is effectively short on RAY. A raising price of the asset will result in RAY being sold from the pool and the borrower is subject to impermanent loss. If the position remains unmanaged, this can lead to liquidation.

Solfarm offers low vault fees, with the following structures provided to farmers:

Raydium Vault Fees

  • Controller fee: 0.1%
  • Platform Fee: 1.4%
  • Vault Fees: 0.0%
  • No deposit/withdrawal fees

SABER Vault Fees

  • Controller fee: 0.1%
  • Platform Fee: 1.4%
  • Vault Fees: 0.0%
  • No deposit/withdrawal fees

Check out Solana (SOL) — the high-speed blockchain Solfarm is built on.

Check out FTX (FTT) — the main exchange where Solana tokens are traded.

Check out Raydium (RAY) — the decentralized exchange of the Solana blockchain.

Learn how yield farming works in our basic guide to yield farming.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Solfarm (TULIP) Coins Are There in Circulation?

TULIP has a total supply of 10 million. Token supply is split in the following ratios:

Team - 20%

Advisors - 2%

Treasury - 12%

Liquidity Provision - 5%

Strategic & Growth 12%

Liquidity Mining/Ecosystem 48%

All team tokens are vested on-chain with a cliff of six months and three-year linear vesting, with advisor tokens subject to similar vesting periods. The treasury bootstrap will be used for future protocol upkeep and possible protocol incentives, such as buy back and burns. Liquidity provision will be reserved for AMM liquidity if necessary and possible Fusion pool rewards.

How Is the Solfarm Network Secured?

Solfarm is the first yield farm set up on the Solana blockchain. Solana is well-known for its fast transaction times and minuscule transaction fees, making it one of the most popular blockchains to rival Ethereum.

Solana is a layer one blockchain with a proof-of-stake consensus mechanism with partial Byzantine Fault Tolerance. It has 200 nodes operating worldwide that can, at their peak, process up to 50,000 transactions per second. Solana performs a set of coordinated optimizations to achieve such impressive performance and processes transactions in a multi-threaded way, which sets it apart from slower blockchains.

When Will Solfarm (TULIP) Trading Begin?

Solfarm launched at the end of April 2021, but TULIP was introduced after the public beta finished two weeks later. Farmers were retroactively rewarded based on their participation in the public beta period.

Where Can You Buy Solfarm (TULIP)?

TULIP is available on FTX, Serum, Gate.io and Raydium.

TULIP to USD Converter






United States Dollar

TULIP Price Statistics

SolFarm Price Today
SolFarm Price$18.39
Price Change24h$-0.2662
24h Low / 24h High
$18.34 /
Trading Volume24h$691,350.11
Volume / Market Cap0.04611
Market Dominance0.00%
Market Rank#920
SolFarm Market Cap
Market Cap$14,992,606.78
Fully Diluted Market Cap$183,911,929.11
SolFarm Price Yesterday
Yesterday's Low / High
$18.08 /
Yesterday's Open / Close
$18.54 /
Yesterday's Change


Yesterday's Volume$1,296,159.16
SolFarm Price History
7d Low / 7d High
$17.41 /
30d Low / 30d High
$13.36 /
90d Low / 90d High
$1.70 /
52 Week Low / 52 Week High
$1.70 /
All Time High
Sep 09, 2021 (a month ago)
All Time Low
Jul 27, 2021 (3 months ago)
SolFarm ROI
No Data
SolFarm Supply
Circulating Supply815,206 TULIP
Total Supply10,000,000 TULIP
Max Supply10,000,000 TULIP