FTT is a platform token historically issued and used by FTX.com. It is not the same as FTX customer assets, bankruptcy claims, or ownership interests in FTX assets. The Examiner's Report describes it as FTX.com's exchange token; therefore, understanding FTT first requires distinguishing “a token once used for platform functions” from account balances, claims, and asset dispositions in the bankruptcy proceedings.

FTX Token Price Today, Live Market & Historical Trend Chart

Q: What was FTT used for in the past?

During FTX.com's historical operations, FTT was designed for several platform scenarios, including fee discounts, over-the-counter trading rebates, and use as platform collateral. These uses all depended on the platform providing the relevant services and accepting FTT under its rules; they describe the platform design at that time, rather than inherent, continuing on-chain rights of token holders. Accordingly, the historical existence of discount or collateral functions cannot directly establish that they remain usable today, nor can it replace an assessment of the status of a particular platform, account, or bankruptcy proceeding.

Q: How was FTT's historical issuance arranged?

The historical issuance arrangement recorded in the Examiner's Report was 350 million FTT, of which 175 million were listed as company tokens. This figure describes the issuance structure at the time: the total issuance arrangement and the portion held or controlled by the company are not the same concept. It does not by itself answer how many tokens were freely tradable at a particular time, because circulating supply is also affected by holdings, lockups, transfers, burns, and other dispositions; without verifiable materials for a specific chain and point in time, the historical issuance amount should not be stated directly as the current circulating supply.

Q: How did FTT's historical repurchase-and-burn mechanism work?

Under the historical design, FTX Trading planned to use part of its platform fee revenue to repurchase FTT on the market and burn it, with a goal of burning at least half of the total supply. The logic was: the platform first generated fee revenue, then the operator decided to conduct repurchases according to the rules, and the repurchased tokens were then burned; this was not a supply change that occurred automatically under the token protocol. “Planned repurchases” and “repurchases already completed and burned” are different facts. The available materials support this historical design and its target, but are insufficient to characterize it as a commitment currently being carried out, or to infer the current supply from it.

Q: Why did FTX's bankruptcy proceedings change the understanding of FTT?

After FTX entered bankruptcy proceedings, FTT's historical platform functions should be understood separately from asset valuation, customer claims, and distribution arrangements in those proceedings. The digital-asset valuation materials on FTX's support page list FTT-related items separately, indicating that it may be one category of assets valued or handled within the proceedings; this does not mean that FTT itself automatically constitutes a customer claim, nor does it guarantee future platform functions or repurchases.

Rank 324

$0.2382

-$0.0021(-0.91%)

Market Cap

$78.47M

24h High

$0.2485

24h Low

$0.2318

24h Turnover

$12.00K

Total Supply

328.89M

Market Sentiment

Neutral

FTX Token (FTT) Price Performance

View FTX Token (FTT) Price Prediction

FTX Token (FTT) has a Last Price of $0.2382, with a 24h change of -0.91%. The 24h low is $0.2318, the 24h high is $0.2485, and the 24h turnover is $12.00K. The current market cap is approximately $78.47M, ranking 324 by market cap and accounting for 0.0015% of the total crypto market cap. The All-Time High is $84.1800 (⁦2021-09-09⁩), with a change from the All-Time High of -99.72%.

7 Days
-5.23%
Low
$0.2318
High
$0.2596
30 Days
-9.81%
Low
$0.2300
High
$0.3090
90 Days
+17.44%
Low
$0.1918
High
$0.3435
1 Year
-73.40%
Low
$0.1918
High
$0.9583

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 51; Normal
Last Week: 53; Normal
Last Month: 71; Greed

The Fear & Greed Index is currently 54/100, in the Normal zone; change from yesterday: +3, from last week: +1, and from last month: -17. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did FTX Token (FTT) Fall in the Last 24 Hours?

During the report window from 2026-10-23 to 2026-10-24, FTT had no clear new catalyst. Legacy restart narratives and concerns about its fundamentals after the bankruptcy coexisted, but the related stories had limited recency and did not align consistently in direction. The 2026-10-24 order-book snapshot showed a 2.38 ratio between bid and ask depth across the top five levels, while the largest sell order was highly concentrated. This means greater aggregate bid depth did not imply that selling pressure above was dispersed; in a shallow book, a small number of orders can have an outsized price impact. The one-hour candle at 21:00 UTC that day recorded volume of just 41.73 units, indicating subdued trading during that sampled interval. Technical signals were mixed: the one-hour moving averages were bearish, daily ADX was 45.68, and one-hour and four-hour ADX readings were below 17; MACD offered no confirmation. FTX’s historical sale of its Anthropic shares concerns the disposal of bankruptcy assets and is not a direct catalyst for FTT’s price.

About FTX Token (FTT)

As the only token of FTX, FTT will be used to support the whole ecosystem of FTX. We have carefully designed the incentive mechanism, strengthened market promotion, formed a network effect, increased the market demand for FTT, and reduced its circulation and supply. The application scenarios of FTT include: 1) platform token destruction / profit sharing: before the total destruction of platform token FTT is reduced to half of the initial issuance, one third of all handling charges generated on the FTX platform will be used to buy back and destroy FTT. Some transaction rebates on FTX OTC will also be used to repurchase and destroy FTT. 2) Margin Mortgage: users can use FTT as contract position margin, which is also conducive to improving the utilization rate of FTT and market demand. 3) Transaction fee discount: after FTT reaches a certain position, the holder will enjoy the discount of contract transaction fee. 4) OTC transaction rebate: holders of a certain number of FTTS can receive OTC transaction rebate. (there is no handling charge for OTC transactions of FTX.) 5) OTC transaction repo: FTX will conduct a certain degree of FTT repo and destruction according to OTC transaction volume and revenue. 6) Share of cash users: our background test and online simulation environment show that during the period of large market, our risk margin shows a net increase, and there is no allocation; Part of the net income from the risk reserve will be distributed to FTT holders as a share. 7) Future outlook: FTT is the only circulation pass in FTX ecosystem and the backbone support of FTX ecological layout; In the future, the use scenarios of FTT will be more diverse, and we will add more other digital currency derivatives tools to the platform. FTT pledge FTT will enjoy the following rights and interests: increase the invited rebate ratio: by pledging FTT, the invitee will receive a higher rebate ratio, and the handling fee reward for listing: FTT pledgers will receive the handli

Use Cases and Features

FTT was an exchange token on FTX.com. Historical uses included trading-fee discounts, over-the-counter trading referral rebates, and use as platform collateral. FTX entered bankruptcy proceedings in 2022.

Supply and Issuance Mechanism

FTX Trading created FTT around 2019. Its historically disclosed total issuance was 350 million tokens, including 175 million company tokens. The historical design included repurchasing and burning FTT with part of platform fee revenue, targeting at least half of the total supply.

TRY

Exchange Tokens

Exchange-based Tokens

Margin

USDT

Centralized Exchange (CEX) Token

Website

Explorers

How to Buy and Use FTX Token (FTT)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

Related Markets

Spot

FTT/USDT

Trade

Margin3X

FTT/USDT

Trade

Simple Earn

Est.30-Day APR

0.1%

FTX Token (FTT) Basics & Market Insights

Fundamentals

How Did the FTX Collapse Affect FTT?Beginner

What is the FTX Token (FTT)?Beginner

What Is FTX Token (FTT)? A Complete Guide to Its Mechanism, Utility, and EvolutionBeginner

Market Analysis

Behind SBF’s $8 Billion Loss: How the Rise of AI and Solana Is Reshaping the Crypto Wealth LandscapeThis article examines the lessons learned from the FTX collapse, provides the latest market analysis of SOL and FTT, and offers future price forecasts, all while emphasizing strict compliance with regulatory standards.2026-04-01

FTT Latest Update: SBF’s “Good Morning” Tweet From Jail Sparks FTT Speculative FrenzyThe simple two words "gm" (good morning), sent from SBFs account, which was sentenced to 25 years in prison, surprisingly caused the FTT token, which should have gone to zero, to surge by 60% within minutes. This reveals that the cryptocurrency market is still deeply driven by emotions and speculation.2026-04-01

Daily News | GBTC Negative Premium Continues to Narrow, Investors Are Bullish on BTC Spot ETFs, Focus on CPI TonightBTC spot ETFs are difficult to resist, FTX’s claims website is online_ FTT increased by 24%, BTC’s top target approaches $40. Consumption and credit growth are slowing down. Can the CPI boost market confidence tonight?2026-04-01

Frequently Asked Questions About FTX Token (FTT)

What is FTT?

What was FTT used for in the past?

How was FTT's historical issuance arranged?

How did FTT's historical repurchase-and-burn mechanism work?

Why did FTX's bankruptcy proceedings change the understanding of FTT?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.