FTX Price


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Market Statistics

Market Cap
24H Volume
Circulating Supply
Max Supply

Live FTT Price Summary

As of Jun 22, 2024, the global cryptocurrency market cap is $-- with a 0.00% change in the last 24 hours. FTT's current price is $1.48, with a 24-hour trading volume of $--. FTT is -3.87% in the last 24 hours, with a circulating supply of -- FTT coins and a maximum supply of 328.90M FTT coins. FTT ranks -- by market cap. It has a 24H high of $1.54 recorded on Jun 22, 2024, and its 24H low so far is $1.46, recorded on Jun 22, 2024.

What Is the Highest Price of FTT?

FTT has an all-time high (ATH) of $84.18 , recorded on Sep 9, 2021.

What Is the Lowest Price of FTT?

FTT has an all-time low (ATL) of $0.776774, recorded on Jun 10, 2023.

About FTX (FTT)

The world of cryptocurrency is ever-evolving, and amidst this landscape, FTX Token (FTT) stands out as a versatile and powerful utility token. As the native token of the FTX exchange, FTT offers a plethora of benefits and opportunities for traders and investors alike. In this comprehensive guide, we will delve into the utility of FTT, its role in trading strategies, market performance, secure storage options, and its impact on the FTX ecosystem and beyond. Are you ready to unlock the potential of FTT and elevate your crypto game? Let’s dive in and explore “what is FTT”!

Key Takeaways

  • FTT is the native token of FTX exchange, offering a variety of benefits such as fee discounts and staking rewards.
  • FTT’s tokenomics features a deflationary mechanism that helps to increase demand for the token.
  • The market performance of FTT tokens has been strong due to robust trading volume and positive investor sentiment. It also provides opportunities for traders to leverage reduced fees, staking rewards, collateral options in derivative trades & more.

What is FTT?

FTT, a unique token native to the FTX cryptocurrency exchange, has attracted considerable attention for its potential growth and unique utility. Designed with traders in mind, FTT offers various benefits, including reduced trading fees, staking rewards, and collateral options for derivative trades. The brainchild of Sam Bankman-Fried and Gary Wang, the FTX exchange is supported by Alameda Research, a quantitative trading firm that plays a key role in the platform’s success.

The FTX platform, a leading cryptocurrency derivatives exchange, offers derivatives as its core offering, enabling traders to speculate on an asset’s future value without direct ownership. Leveraged tokens are one such derivative, enabling traders to gain exposure to leveraged trading positions in specific assets. With a strong foundation and a focus on innovation, FTT has become an integral part of the FTX ecosystem.

The Genesis of FTT Tokens

FTT tokens made their debut on July 27, 2019, in a private launch with an initial supply of 350 million tokens. Created by Sam Bankman-Fried and Gary Wang, the FTT token was designed to provide users with access to the features and services of the FTX trading platform. As the native token of the FTX ecosystem, FTT offers numerous advantages such as trading discounts and rewards.

The FTX team established a vesting period for FTT tokens to manage their release into circulation and promote transparency. This vesting period ensured alignment between team members and project success while strengthening trust among token holders. However, investing in cryptocurrencies like FTT should be done with caution and after thorough research, especially considering the potential risks involved.

FTT's Utility on the FTX Platform

On the FTX platform, FTT exhibits multifaceted utility, offering numerous benefits to traders. For example, holding FTT tokens can lead to reduced trading fees, enabling traders to save on costs and maximize their profits. Additionally, FTT holders can enjoy tighter spreads, which can be particularly advantageous during volatile market conditions.

Perhaps one of the most enticing aspects of FTT’s utility is its use as collateral for derivative trades. By allowing traders to use their FTT holdings as collateral, the FTX platform offers increased flexibility and convenience for those seeking to trade in various crypto assets. This unique feature sets FTT apart from other exchange tokens and adds value to the FTX ecosystem.

The Tokenomics of FTT

The tokenomics of FTT are vital in preserving its value and warding off inflationary pressures. One of the key features of FTT’s tokenomics is the repurchasing and burning of tokens. This deflationary mechanism helps to decrease the overall supply of FTT over time, theoretically increasing the demand for the remaining tokens.

By mitigating inflationary pressures and upholding the token’s value, FTT remains an attractive option for traders and investors alike. This careful balance of supply and demand, coupled with the numerous benefits and utilities offered by FTT, contributes to the overall success of the FTX platform and ecosystem.

The Role of FTT in Trading and Investment Strategies

Strategically utilizing FTT in trading and investment can offer a plethora of benefits, enriching the overall experience for traders and investors. By providing reduced trading fees, staking rewards, and collateral options for derivative trades, FTT stands out as a versatile and valuable asset in the world of cryptocurrency.

FTT’s tiered system of incentives encourages users to hold more tokens to maximize their benefits. Some advantages of holding FTT on the FTX platform include:

  • Fee discounts
  • Over-the-counter (OTC) rebates
  • Staking rewards
  • A share of the excess capital in FTX’s insurance fund

These incentives drive network effects and demand for the token, ultimately reducing trading costs for holders and bolstering the FTX ecosystem.

Leveraging FTT for Reduced Trading Fees

On the FTX platform, FTT holders can reap substantial benefits from reduced trading fees. The FTT discount tier system offers trading fee discounts of up to 60 percent, based on the amount of FTT held in a user’s account. This competitive fee discount structure attracts active traders, who can save on costs and increase their potential profits.

In addition to the trading fee discounts, FTT holders may also be eligible for otc trading rebates and a portion of the excess capital in FTX’s insurance fund. By leveraging FTT for reduced trading fees, traders can enjoy a more cost-effective and rewarding experience on the FTX platform.

Staking FTT for Additional Benefits

Token holders can enjoy a plethora of extra benefits by staking FTT. FTT stakers can enjoy maker fee rebates, a higher likelihood of airdrops, increased referral rate percentages, and voting rights on the platform. Moreover, fee-free ERC-20 withdrawals, augmented referral rewards, and increased maker fee rebates make staking FTT an even more attractive option.

By staking FTT, users can unlock exclusive perks and opportunities to earn additional token rewards. This unique aspect of FTT further enhances its value and appeal to traders and investors seeking to maximize the utility of their holdings.

Using FTT as Collateral in Derivative Trades

On FTX, FTT tokens can act as collateral in derivative trades. By allowing traders to secure leveraged futures positions with their FTT holdings, FTX provides increased flexibility and convenience for those trading in the volatile world of cryptocurrencies. Keeping an eye on the FTX token price is essential for making informed decisions in this market.

The benefits of using FTT as collateral include:

  • Trading fee discounts
  • Ability to borrow other assets using FTT holdings as collateral
  • Capitalizing on opportunities in the market while maintaining a diversified portfolio

This unique feature further solidifies FTT’s position as a valuable and versatile asset in the crypto landscape.

The Market Performance of FTT Tokens

Since its inception, FTT has witnessed considerable price fluctuations, backed by a robust trading volume and predominantly positive market sentiment. As a result, many traders and investors view FTT as a valuable addition to their crypto portfolios. However, it is crucial to remember that all investments come with risks, and past performance is not indicative of future results.

Insights into FTT’s potential performance can be gleaned from understanding its historical data and market sentiment. By examining factors such as:

  • price fluctuations
  • liquidity
  • trading volume
  • investor confidence

One can make informed decisions about including FTT in their trading and investment strategies.

FTT Price Fluctuations and Historical Data

Since its launch, FTT’s price has been notably volatile, with a recorded all-time low of $0.776774 and an all-time high of $84.18. This range showcases the potential for both growth and risk in FTT investments, making it essential for traders and investors to carefully consider their entry points and exit strategies.

Various factors have influenced FTT’s price fluctuations, including events such as the FTX exchange’s failure in November 2022, the reversal of a deal with Binance to rescue the company, and the sale of equity shares by Binance. Understanding these factors and their impact on FTT’s price can help investors make informed decisions about the token’s potential performance in the future.

Comparing FTT's Liquidity and Trading Volume

When assessing the market performance of any token, like FTT, liquidity and trading volume are crucial factors to consider. Liquidity measures how easily a token can be bought or sold without significantly affecting its price, while trading volume represents the total amount of a token that has been traded over a given period.

FTT’s liquidity and trading volume have been consistently strong, indicating a healthy market for the token. A robust trading volume signals that there is a high level of interest in FTT, which can positively impact its liquidity and price. It is essential to monitor these factors when assessing FTT’s potential performance and suitability for inclusion in a crypto portfolio.

Market Sentiment and Investor Confidence in FTT

The general market sentiment for FTT is bullish, with most investors expressing confidence in the token’s prospective performance. Key indicators of market sentiment for cryptocurrencies like FTT include:

  • The Crypto FOMO indicator
  • The Fear and Greed Index in crypto
  • Sentiment analysis of social media platforms like Twitter
  • Institutional investor metrics used to evaluate potential returns and risks in the cryptocurrency market.

Positive investor sentiment towards the cryptocurrency market, the performance and growth of the FTX exchange, the utility and demand for FTT within the FTX ecosystem, and overall market conditions and trends in the cryptocurrency industry have all contributed to bullish market sentiment for FTT. By understanding these factors and their impact on FTT’s market sentiment, investors can make informed decisions about the token’s potential performance and suitability for their portfolios.

Acquiring and Managing FTT Holdings

Various exchanges, secure storage options, and portfolio management tools can facilitate the acquisition and management of FTT holdings. Whether you are a seasoned trader or a newcomer to the world of cryptocurrency, understanding how to purchase, securely store, and track the performance of your FTT tokens is crucial for maximizing your investments and minimizing potential risks.

In this section, we will explore the process of acquiring FTT on both centralized and decentralized exchanges, as well as the best practices for securely storing and managing your FTT holdings. By following these guidelines, you can ensure that your FTT investments are well-protected and poised for success.

Where to Buy FTT: Centralized and Decentralized Exchanges

Major centralized exchanges such as Bybit offer FTT tokens for purchase. Purchasing FTT is easy and secure on these exchanges. To purchase FTT tokens on Bybit, navigate to the ‘Buy Crypto’ link at the top of the Bybit website and explore the available options for buying FTX Token in your region.

In addition to centralized exchanges, decentralized platforms like MetaMask offer another avenue for acquiring FTT. By connecting your MetaMask wallet to a decentralized exchange, you can purchase FTT tokens directly from your wallet, providing a seamless and user-friendly experience. Whether you choose to buy FTT on a centralized exchange or a decentralized one, it is essential to ensure that the platform you select is reputable and secure.

Secure Storage Options for FTT

After acquiring FTT tokens, secure storage is critical to safeguard your investment. Hardware wallets, such as Ledger and Trezor, provide the highest level of security for FTT storage. These encrypted devices offer protection from potential hacks or theft, ensuring that your FTT holdings remain safe.

In addition to hardware wallets, reputable software wallets like Atomic Wallet, Guarda Wallet, and Freewallet are compatible with FTT storage. While these wallets may not offer the same level of security as a hardware wallet, they provide a convenient and user-friendly option for storing FTT tokens.

Regardless of your preferred storage method, it is essential to prioritize security and protect your FTT investments.

Adding FTT to Your Crypto Portfolio

Various portfolio management tools and platforms can facilitate the addition of FTT to your crypto portfolio. These tools enable you to:

  • Track the value and performance of your FTT holdings, as well as other cryptocurrencies, in real-time
  • Closely monitor your portfolio’s performance
  • Make informed decisions about your FTT investments

FTX, formerly known as Blockfolio, is a suitable crypto portfolio management tool for FTT. It provides users with the ability to both manage their portfolio and purchase or sell FTT. With a comprehensive view of your FTT holdings and the tools to make strategic decisions, you can optimize your investments and capitalize on the potential of FTT.

FTT's Impact on the FTX Ecosystem and Beyond

FTT has significantly contributed to the growth and development of the FTX ecosystem. Its utility and value have contributed to the platform’s success, attracting more users and increasing network effects. In addition to its impact on the FTX ecosystem, FTT has also been used to support philanthropic efforts, making a positive impact on the world at large.

In this section, we will explore FTT’s contributions to the FTX ecosystem, its role in funding development and innovation, and its involvement in philanthropic initiatives. By understanding the broader implications of FTT, you can gain a deeper appreciation for this powerful utility token and its potential for making a difference in the world of cryptocurrency and beyond.

FTT's Contribution to FTX's Growth and Network Effects

The growth of the FTX platform has been propelled by the utility and value of FTT. By offering features such as fee reductions, access to platform features and services, and the ability to use FTT as collateral for trading positions, FTT has attracted more users to the platform and increased network effects.

These network effects, in turn, have bolstered the overall FTX ecosystem and contributed to the platform’s success. By providing a range of benefits and incentives for users, FTT has positioned itself as a valuable asset within the FTX ecosystem, driving growth and fostering a thriving community of traders and investors.

Funding Development and Innovation with FTT

FTT has funded development and innovation within the FTX ecosystem, promoting improvements and new features that improve the user experience. Through FTT funding, research projects have been supported, trading fees have been lowered, and new platform features such as clawback prevention have been implemented.

By allocating FTT for innovation funding, the FTX platform can continue to evolve and stay ahead of the curve in the competitive world of cryptocurrency exchanges. These improvements and advancements not only benefit the FTX ecosystem but also add value to FTT as an investment and utility token.

FTT and Philanthropy: Supporting Effective Altruism

FTT and the FTX platform have engaged in philanthropic initiatives, leveraging their resources and influence to endorse effective altruism and make a positive global impact. Initiatives such as the FTX Foundation’s Future Fund have allocated millions of dollars to various causes, and FTT has been utilized for donations and fundraising endeavors within the FTX community.

By engaging in philanthropic efforts and supporting effective altruism, FTT demonstrates its commitment to making a difference beyond the world of cryptocurrency. This dedication to social responsibility adds another dimension to the value of FTT, showcasing its potential to create positive change both within and outside of the FTX ecosystem.


FTT is a powerful utility token with a myriad of benefits and opportunities for traders and investors. Its role in reducing trading fees, providing staking rewards, and offering collateral options for derivative trades makes it a versatile and valuable asset in the world of cryptocurrency. With a strong market performance, secure storage options, and a commitment to philanthropy, FTT embodies the potential for growth and positive impact in the ever-evolving crypto landscape. Whether you are an experienced trader or just beginning your crypto journey, FTT offers a unique and promising opportunity to enhance your investment strategy and make a difference in the world.

How to Buy FTT

You can buy FTT from any top crypto exchange, including Bybit.

How to Buy the FTT Token on Bybit

To purchase FTT on the Bybit exchange, follow these simple steps:

  1. Head to the
  2. Select your trading pair on the left side of the page. You can trade USDT for FTT.
  3. Choose the type of order you’d like: Limit Order, Market Order or Conditional Order.

For Limit Orders:

  1. Select
  2. Enter the order price.
  3. Enter the number of FTT tokens you wish to buy.
  4. Click on
  5. Once you’ve confirmed that your information is correct, click on
  6. View your order details under

For Market Orders:

  1. Select
  2. Enter the amount of USDT you’ve paid to buy FTT.
  3. Click on
  4. Once you’ve confirmed that the information is correct, click on
  5. View your order details under

For Conditional Orders:

  1. Select
  2. Enter the trigger price.
  3. Choose to execute at
  4. According to order types:
  5. Click on
  6. Once you’ve confirmed that the information is correct, click on
  7. View your order details under

For more help, you can also visit the Bybit spot trading guide.

Frequently Asked Questions

What is FTT in crypto?

FTT is a native token for the FTX cryptocurrency derivatives exchange which provides features such as futures trading, leveraged tokens, OTC trading and access to exclusive services. It was designed with a mechanism to improve the utility of the FTX exchange and has seen significant rise in value due to the overall bullish trend in the crypto market.

What are the symptoms of FTT?

Failure to Thrive (FTT) can manifest in symptoms such as poor weight gain, irritability, tiredness, excessive sleepiness, lack of age-appropriate social response, no vocal sounds and delayed motor development. Infants with FTT may also have difficulty feeding, vomiting, fussiness, weak crying and low muscle tone.

What is FTT in testing?

Functional Task Test (FTT) is a type of testing that ensures functionality and usability of a product or system. It focuses on verifying tasks, processes, workflows, and user journeys. It also involves monitoring errors and ensuring that the product performs as expected.

What is FTT price?

FTX token (FTT) price is currently $4.09 USD, with a 24-hour trading volume of $233,456,128.64 USD. The price has decreased by -6.09% in the last 24 hours and increased by 27.47% in the last 7 days.

How can I purchase FTT tokens?

To purchase FTT tokens, you can use centralized exchanges like Binance, Bitfinex, and Huobi Global, or utilize a decentralized platform like MetaMask.

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