FTX Token (FTT)

FTX is a popular crypto derivatives trading platform. Its native token is FTT.

FTX is a popular crypto derivatives trading platform. Its native token is FTT.

An interesting feature of the exchange is leveraged tokens. These allow traders to put leveraged positions without the need to trade on margin e.g. a trader who wants to short Bitcoin with a 3x leverage can buy a 3x short Bitcoin leveraged token on the FTX exchange.

These tokens are ERC20-compatible and can be listed on spot exchanges.

All FTX derivatives are stablecoin-settled and require one universal margin wallet.

FTT holders get fee rebates and can also stake their holding.

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