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FTX Token (FTT) - USDT

Mkt. Cap.
₮ 364.04 M
Vol. 24H
FTT 2.05 M (₮ 2.19 M)
Open 24h
₮ 1.074
Low/High 24h
₮ 1.050 - ₮ 1.108

CryptoCompare Index FTX Token (FTT) - USDT Historical Price

CryptoCompare Index FTX Token (FTT) - USDT

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Details Token Sale Historical Price Platforms Details Token Sale Historical Price Platforms
Whitepaper
Launch Date
2019-04-21
Max Supply
Not Applicable
Total Supply
328,895,103.81
Circulating Supply
328,895,103.81
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
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.

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