Issuing the First LTT with Flash Trade
We’re excited to announce a major step forward in structured on-chain fixed income: the first-ever Liquid Treasury Token (LTT) issuance, partnered with Flash Trade. On February 13, 2026, Xitadel will launch a 334,000 USDC issuance, offering investors a predictable, fixed-income opportunity backed by one of the most resilient and capital-efficient liquidity pools on Solana.
This 90-day USD-LTT provides a secure, transparent way to earn real yield by using sFLP.1 as the collateral for the issuance. sFLP.1 represents participation in Flash Trade’s multi-asset liquidity pool, which supports perpetual trading activity and fee generation on the protocol.
Flash Trade: Lightning-Fast Perpetuals on Solana
Flash Trade is a decentralized perpetual exchange (DEX) built on the Solana blockchain, engineered to deliver high-performance trading across a wide range of crypto assets. It even offers synthetic exposures like forex and commodities all on-chain.
What Makes Flash Trade Different
Most decentralized trading platforms struggle with liquidity fragmentation, leading to price impact, high slippage, and poor price execution — especially on large or leveraged trades. Flash Trade addresses these issues with its pool-to-peer model, which aggregates liquidity into a shared pool instead of relying on an order book or traditional AMMs. When traders open or close positions, trades are matched directly against this pool, resulting in instant execution with minimal price impact.
This approach delivers capital efficiency that’s hard to find elsewhere. Instead of isolated pools for each trading pair, Flash’s unified system uses a backstop of major assets like SOL, BTC, ETH, and USDC to ensure deep, responsive liquidity for all supported markets.
High-Performance Trading, Non-Custodial Execution
Built natively on Solana, Flash Trade leverages the chain’s low fees, high throughput, and fast finality to deliver an experience that feels as responsive as trading on a centralized exchange without relinquishing custody of your assets. Traders maintain control of funds in their own wallets until execution, while still accessing features like:
- Up to 100× leverage on supported assets
- Oracle-based dynamic pricing with minimal slippage
- On-chain settlement with real collateral backing
This combination enables fast, flexible trading without many of the traditional barriers in decentralized perpetual markets.
Sustainable Yield & Real Trading Activity
Unlike protocols that rely on artificial incentives, Flash Trade’s yield mechanisms are driven by real trading fees and active market participation. Liquidity providers earn yield derived from fees generated by trading activity within the Flash Liquidity Pool (FLP), creating continuous, authentic revenue streams rather than temporary incentives.
This focus on sustainable performance aligns with the long-term vision for Flash Trade. It growth has not been only dependent on short-term token emissions or ephemeral rewards.
Why Flash Trade Is a Strong First LTT Issuer
Proven Longevity
Flash Trade has been proved its value by enduring through multiple market cycles, prioritizing real performance over hype. The protocol’s core design helps reduce volatility risk and protect liquidity provider capital, even during heightened market activity.
By combining Solana’s high-speed network with its innovative liquidity model, Flash Trade offers traders high leverage, deep liquidity, and rapid execution — all while maintaining a non-custodial, transparent trading environment.
Collateral Strength — sFLP.1 as a Resilient Backbone for LTT
At the heart of Flash Trade’s ecosystem is its Flash Liquidity Token, FLP.1, an index-style liquidity pool token representing fractional ownership of a diversified basket of major assets including USDC, BTC, ETH, and SOL. FLP.1 is designed to generate yield from actual trading fees, liquidations, and swap revenues while maintaining automated rebalancing and exposure management across multiple assets. This diversified composition helps smooth volatility that single-asset LP tokens can suffer from and provides a more stable, low-volatility collateral. This stability makes sFLP.1 (staked FLP1) as the great collateral asset for the first LTT issuance.