FTX Token (FTT) is not tradable on Coinbase.
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FTX Token Price (FTT)
FTT is experiencing extreme volatility. Proceed with caution.
Market stats
FTX Token is on the rise this week. ↗
The price of FTX Token has decreased by 0.81% in the last hour and increased by 8.50% in the past 24 hours. FTX Token’s price has also risen by 8.30% in the past week. The current price is $2.92 per FTT with a 24-hour trading volume of $49.91M. Currently, FTX Token is valued at 95.89% below its all time high of $71.18. This all-time high was the highest price paid for FTX Token since its launch.
The current circulating supply of FTX Token is 328,895,103.813 FTT which means that FTX Token has as total market cap of 328,895,103.813.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$960.6M
Volume (24h)
$49.9M
Circulating
328.9M FTT
All time high
$71.18
Price change
1 hour
↘ 0.81%
1 day
↗ 8.5%
1 week
↗ 8.3%
2 weeks
↘ 12.9%
1 month
↗ 18.81%
1 year
↘ 24.99%
1 year benchmarks
Performance
↘ 18.87%
Vs. Market
↘ 59.68%
Vs. BTC
↘ 62.76%
Vs. ETH
↘ 42.95%
About FTX Token
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 $960.61M. 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 $49.91M.
Assets that have a similar market cap to FTX Token include Frax, Nexo, PancakeSwap, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of FTX Token is 329 million.
FTX Token Price History
Date | Price | Change |
|---|---|---|
Today (December 22, 2024) | $2.92 | 7.32% |
24 hours ago (December 21, 2024) | $2.73 | 8.50% |
1 week ago (December 15, 2024) | $2.72 | 8.30% |
1 month ago (November 22, 2024) | $2.48 | 18.81% |
1 year ago | $3.61 | -24.99% |
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