What is FTT coin?

The FTT coin is an ERC-20 standard token which was released in July 2019. The maximum supply is capped at 350 million, with 138.76 million currently in circulation at $36.28, for a market capitalisation of $5.03bn. The FTT coin is listed at number 34 on the cryptocurrency market cap charts. So what is FTX Token coin used for?

What is FTX token (FTT)?

FTX Token (FTT) is the exchange token of the FTX ecosystem and will serve as collateral for futures positions, getting discounts on trading fees, receiving OTC rebates and more. The FTX trading platform provides leveraged tokens, OTC and futures trading, and plans to become the top crypto derivatives exchange in the blockchain world.

What is the supply inflation rate for FTX token?

The current yearly supply inflation rate is 140.25% meaning 192.00M FTT were created in the last year. In terms of market cap, FTX Token is currently ranked #10 in the Exchange Tokens sector. FTX Token price in US Dollar has increased by 9.88% in the last 1 month.

How much has the FTT price decreased in the last 24 hours?

The FTT price decreased -8.12% in the last 24 hours. FTX Token reached its highest price on Sep 9, 2021 when it was trading at its all-time high of $ 84.09, while FTX Token's lowest price was recorded on Sep 7, 2019 when it was trading at its all-time low of $ 0.633373.