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FTX Token FTT |
BUY
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$0.3081461 |
2.74 % (24h) |
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Marketcap |
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$101,347,759 |
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Volume 24h |
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$8,728,030 |
Description
FTX Token (FTT) was the native utility token of the now-defunct FTX cryptocurrency exchange, which was once one of the largest in the world. Holders previously enjoyed benefits such as trading fee discounts, staking rewards, and access to exclusive initial exchange offerings (IEOs). Following the exchange's collapse and bankruptcy in 2022, the token lost the majority of its value and its primary utility as an exchange asset. While it still trades on some platforms, it is considered a highly distressed asset with its future tied to the complex legal and liquidation proceedings of the FTX estate.