$ 1,948204 (USD) (2.42%)
Market Cap | Volume (24h) | Circulating Supply | Max Supply |
---|---|---|---|
$ 131,091,692,489 | $ 3,122,748,905 | 67,288,488,933 FTT | 0,000 FTT |
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Description
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