About FTX Token
FTX Token (FTT) is a cryptocurrency launched in 2019and operates on the BNB Beacon Chain (BEP2) platform. FTX Token has a current supply of 328,895,103.81320699. The last known price of FTX Token is 0.88213577 USD and is down -0.48 over the last 24 hours. It is currently trading on 251 active market(s) with $12,687,224.92 traded over the last 24 hours.
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Trading Insights
Traders
24
Searched
36
Market Stats
Market Cap
$301.15M
FDV
$301.15M
Circ. Supply
329M FTT
Max Supply
329M FTT
Total Supply
329M FTT
Diluted Valuation
$301.17M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$17.42M
18.45%
Volume (7D)
$115.06M
Volume (30D)
$424.52M
All time high
$71.18
Price Change (1Y)
-34.75%
Additional details
Market details
FTT vs markets
↘ 60.13%
FTT vs BTC
↘ 64.9%
FTT vs ETH
↘ 35.52%
Tags
marketplace
centralized-exchange
defi
derivatives
+4
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x50D1c9771902476076eCFc8B2A83Ad6b9355a4c9 | |
Solana | AGFEad2et2ZJif9jaGpdMixQqvW5i81aBdvKe7PHNfz3 | |
BNB Smart Chain | 0xFTT-f11 | |
BNB Beacon Chain | FTT-F11 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.92 | ↗ 2.25% |
1 Day | $0.89 | ↗ 2.49% |
1 Week | $0.83 | ↗ 10.21% |
1 Month | $0.89 | ↗ 2.49% |
1 Year | $1.40 | ↘ 34.75% |
Coinbase insights
Recent trends
The latest FTT price is $0.92. Compared to FTX Token's value of $0.89 from 24 hours ago, there's been a 2% increase, while the current price is 10% up from $0.83 which was recorded one week ago. FTX Token's all time high is $71.18, which was reached on September 16, 2021. This is a -99% change from its price today.
The current circulating supply of FTX Token is 328,895,104. This is 100% of its max supply of 328,895,104 FTT and 100% of its total supply of 328,895,104. The market cap is currently $301.15M, which is a result of multiplying the current price of FTX Token($0.92) by the total supply(328,895,104 FTT). The fully diluted valuation of FTX Token is $301.15M. The diluted valuation of FTX Token is $301.15M.
FAQ
FTX Token (FTT) is the native digital asset token of the digital asset trading platform FTX, which was launched on May 8, 2019. The FTT coin is an ERC-20 standard token that is utilized by ecosystem participants. The token was introduced by the platform as a reward for exchange transactions, but its functions have expanded over time. FTT is used in the creation of leveraged tokens on the platform, and users can avail VIP discounts in the form of FTT depending on the number of coins they own. The platform regularly buys back and burns its tokens to maintain its value.
FTX Token operates within the FTX ecosystem, a centralized digital asset exchange launched by Sam Bankman-Fried in 2019. FTX Token is used in various ways within this ecosystem. For instance, it is used in the creation of leveraged tokens on the platform. These leveraged tokens allow traders to put leveraged positions without the need to trade on margin. FTT is also used to reduce trading fees and to secure futures positions. Additionally, profits from market movements are distributed among the holders. Users can stake FTT to avail discounts, bonus votes, and blockchain fee waivers.
FTX Token has several potential use cases within the FTX ecosystem. One of the primary uses of FTT is in the creation of leveraged tokens on the platform. Users can also stake FTT to receive various advantages, including discounts, bonus votes, and blockchain fee waivers. Institutions and investors can purchase a white label version of FTX’s OTC portal and futures market, paying expenses in FTT tokens. Projects can pay listing fees with FTT when creating leveraged tokens. Additionally, FTT tokens are used to reduce trading fees and to secure futures positions.
FTX Token was founded by Sam Bankman-Fried and Gary Wang and launched on May 8, 2019. The team behind FTX comprises some of the crypto traders over the past few years who, having found issues with crypto futures exchanges, decided to launch their own platform. FTX differentiates itself due to such features as clawback prevention, a centralized collateral pool, and universal stablecoin settlement. A year after its founding, the platform introduced the exchange token called FTX Token or FTT. As of 2022, the platform has over a million registered members, and the daily trading volume is substantial.
We update our FTX Token to USD currency in real-time. Get the live price of FTX Token on Coinbase.
The current market cap of FTX Token is $301.15M. A high market cap implies that the asset is highly valued by the market.
The all-time high of FTX Token is $71.18. This all-time high is highest price paid for FTX Token since it was launched.
Over the last 24 hours, the trading volume of FTX Token is $17.42M.
Assets that have a similar market cap to FTX Token include Cheems (cheems.pet), Safe, WEMIX, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of FTX Token is 329 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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