FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:

  • Weekly buying and burning of fees
  • Lower FTX trading fees
  • OTC rebates
  • Collateral for futures trading
  • Socialized gains from the insurance fund
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Coin’s Details

  • Market Capitalization

    $287.3 M

  • Volume 24H

    $3.1 M

  • Blockchain

    ERC-20

  • Circulating supply

    94 346 958

  • Total supply

    345 219 294

  • Proof type

    Proof of Work (PoW)

  • Algorithm

    Delegated Proof of Stake (DPoS)

  • Team Location

    Antigua and Barbuda

  • First announced