Andre Cronje is preparing a hyper-liquid DEX. What is Andre Cronje, the father of DeFi and founder of @SonicLabs, up to? If you visit Andre Cronje's Twitter, the first thing you'll see is a project called Flying Tulip. He prominently states that he is the founder of Flying Tulip, while Sonic is only mentioned as an architect. Flying Tulip is an on-chain comprehensive trading platform being developed by Andre Cronje. It is a high-performance DEX project that utilizes all of his DeFi capabilities to bring Spot, Perp, Options, Lending, and more, which were previously offered by traditional CEXs, on-chain. While it may sound very similar to hyper-liquid, Flying Tulip is said to offer leverage of up to 1000x (huh??). So, is Andre Cronje abandoning Sonic again this time? Flying Tulip is being built on the Sonic chain. Since Flying Tulip is currently a highly anticipated DEX and is likely aiming for a honey pot similar to hyper-liquid, it will be able to attract a lot of liquidity to...
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