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FTX Token

#214
FTT
$0.27439
24h+1.60%
7d-1.14%
30d-17.46%

FTX Token Price Performance

Low
High
$0.26782
$0.27439

FTX Token Key Metrics

Market cap
$90.25M
FDV
$88.8M
Volume (24h)
$671.31K
Vol/Mkt Cap (24h)
0.01%
Total supply
328.9M FTT
Circulating supply
328.9M FTT
Profile score
44%
Updated Jun 16, 2026Rank #4357

FTT to USD Converter

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Resources

Website
WebsiteWhitepaperBlog
Socials
@FTX_Official@FTX_OfficialFacebook
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FTX Token Overview

24h High
$0.27
24h Low
$0.27
24h Change
+1.60%
7d Change
-1.14%
30d Change
-17.46%
Volume 24h
$671.31K
Market Cap
$88.8M
Circulating Supply
328.90M FTT

FTX Token News

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About FTX Token

FTX Token (FTT) was developed by the FTX derivatives exchange as a cryptocurrency token for various purposes within its ecosystem, including paying transaction fees, acting as collateral, and purchasing services. FTX, founded by Sam Bankman-Fried and Gary Wang, emerged as a prominent cryptocurrency derivatives exchange, offering an array of financial products such as futures, options, and leveraged tokens. However, the platform experienced a swift collapse in November 2022 following concerns over its financial stability and management practices, particularly regarding its heavy reliance on FTT and the solvency of its associated entity, Alameda Research. The unfolding of events, including a failed acquisition by Binance and subsequent bankruptcy filings, underscored the inherent risks and volatility within the cryptocurrency market.
Originally, FTX was a leading cryptocurrency derivatives exchange offering futures, options, and leveraged tokens for trading. Founded by Alameda Research, a significant crypto market maker, it was designed to enable traders to speculate on the price movement of crypto assets. The platform's diverse range of financial products included options, derivatives, and leveraged tokens, tailored to assist traders in managing risk.
The collapse of FTX unfolded rapidly over a 10-day period in November 2022, triggered by a report revealing that Alameda Research's significant holdings were in FTT, the native token of FTX. This disclosure raised concerns about the undisclosed leverage and solvency of FTX and Alameda Research, leading to a crisis of confidence.
  • November 2: Concerns about FTX and Alameda Research's solvency emerged following revelations about their reliance on FTT as a major asset.
  • November 6: Binance announced its intention to sell approximately $530 million worth of FTT, precipitating a sharp decline in the token's value and a mass withdrawal of funds by investors, creating a liquidity crisis for FTX.
  • November 8: Binance's initial agreement to acquire FTX fell through amid revelations of mishandled customer funds and potential investigations by U.S. agencies.
  • November 11: FTX and its subsidiaries filed for bankruptcy, marking a significant event in the cryptocurrency sector.
  • November 14: BlockFi paused customer withdrawals due to its exposure to FTX, later filing for bankruptcy on November 28.

Recent statements and developments indicate ongoing efforts to address the aftermath of FTX's collapse, including discussions about potential repayments to customers and speculation about the exchange's future operations​​​​​​.

FTX was established by Sam Bankman-Fried and Gary Wang in May 2019, aiming to offer an advanced trading platform for cryptocurrencies. Despite its innovative approach and rapid growth, the exchange's fall illustrates the volatile and uncertain nature of the crypto market, compounded by issues of transparency and financial management.

FTX Token Markets

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FTX Token Platforms

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Learn About FTX Token

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FTX Token Market Data

The live FTX Token price today is $0.27 USD with a 24-hour trading volume of $671,313.80 USD. We update our FTT to USD price in real-time. FTX Token is up 1.60% in the last 24 hours.

The current market cap is $88,796,561.47 USD, ranking #214 by market capitalization. The circulating supply is 328,895,104 FTT.