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 0.79621626 USD and is down -1.44 over the last 24 hours. It is currently trading on 253 active market(s) with $5,814,017.83 traded over the last 24 hours.
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Trading Insights
Traders
7
Searched
26
Market Stats
Market Cap
$268.51M
FDV
$287.51M
Circ. Supply
329M FTT
Max Supply
352M FTT
Total Supply
329M FTT
Diluted Valuation
$269.05M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$5.63M
6.63%
Volume (7D)
$34.68M
Volume (30D)
$179.28M
All time high
$71.18
Price Change (1Y)
-38.72%
Additional details
Market details
FTT vs markets
↘ 69.18%
FTT vs BTC
↘ 67.16%
FTT vs ETH
↘ 67.19%
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 | $0.82 | ↗ 1.58% |
1 Day | $0.80 | ↗ 1.58% |
1 Week | $0.80 | ↗ 1.31% |
1 Month | $0.90 | ↘ 9.46% |
1 Year | $1.33 | ↘ 38.72% |
Coinbase insights
Recent trends
The latest FTT price is $0.82. Compared to FTX Token's value of $0.80 from 24 hours ago, there's been a 2% increase, while the current price is 1% up from $0.80 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 93% of its max supply of 352,170,015 FTT and 100% of its total supply of 328,895,104. The market cap is currently $268.51M, which is a result of multiplying the current price of FTX Token($0.82) by the total supply(328,895,104 FTT). The fully diluted valuation of FTX Token is $287.51M. The diluted valuation of FTX Token is $287.51M.
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 $268.51M. 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 $5.63M.
Assets that have a similar market cap to FTX Token include Velo, Qtum, Kusama, 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.
FTX Token news
Trending articles
Social stats
Popularity in posts
#267
Contributors
517
Posts
945
% About FTX Token
0.09%
Articles
5
Hold times
0 days
X (Twitter)
25.4% bullish
Sentiment
2.6 ★
Highlights
517 unique individuals are talking about FTX Token and it is ranked #267 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, FTX Token has an average sentiment score of 51 out of 5. Finally, FTX Token is becoming less newsworthy, with 5 news articles published about FTX Token.
On Twitter, people are mostly neutral about FTX Token. There were 29.23% of tweets with bullish sentiment compared to 15.08% of tweets with a bearish sentiment about FTX Token. 70.77% of tweets were neutral about FTX Token. These sentiments are based on 401 tweets.
On Reddit, FTX Token was mentioned in 6 Reddit posts and there were 1 comments about FTX Token. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.