FTX Token 

FTT Price

What is FTX Token (FTT)?

FTX Token (FTT) is the legacy exchange token of FTX, a crypto derivatives exchange launched in 2019 by Sam Bankman-Fried's Alameda Research. FTT granted trading-fee discounts, tiered staking benefits, referral bonuses and futures-collateral utility on FTX until the exchange collapsed into Chapter 11 bankruptcy in November 2022. Today FTT trades on third-party venues as a distressed legacy asset with no operating issuer platform. DropsTab classifies FTX Token under CEX and Derivatives, with an SEC security token tag.

How did the FTX collapse affect FTX Token?

FTX halted operations and filed for Chapter 11 bankruptcy in November 2022, after reports that customer funds had been misused via Alameda Research. FTT's platform utility ended with the exchange's shutdown. The token survived only as a tradable legacy asset. The FTX bankruptcy estate — the FTX Recovery Trust — has been distributing recovered assets to creditors since 2025, including a fifth distribution of roughly $900 million on July 31, 2026, bringing total creditor recoveries to about $10 billion.

Does FTT still have staking or utility?

No — FTX Token no longer offers staking, fee discounts, or collateral utility. The original benefits ended with the FTX shutdown in November 2022, and no issuer program has replaced them. FTT emission is effectively frozen: no mint or burn mechanism is active, and the token carries no on-chain utility. Any offer to "stake FTT" is not an official program.

What is FTX Token's maximum supply?

FTT's maximum supply is capped at 352,170,015 FTT. Per DropsTab data, the token sold in its 2019 sale at $0.15 in the Seed tranche. FTT exists as an ERC-20 token on Ethereum and natively on Solana, with additional wrappers tracked on SORA and Energi. A large share of the remaining supply sits with the bankruptcy estate, which creates a structural sell-pressure overhang.

Who invested in FTX and how much did FTX Token raise?

Per DropsTab data, FTX Token's 2019 sale raised $12.06M across three tranches. The Seed tranche raised $7.5M for 50 million FTT at $0.15. Private Round 1 raised $2.6M, and Private Round 2 raised $1.96M. Binance Labs (now YZi Labs) joined a corporate round in December 2019. Later equity rounds drew $1.72B from Sequoia, Temasek, SoftBank and Paradigm — but the 2022 bankruptcy wiped out essentially all equity value, and equity investors hold no claim over FTT itself.

Will the FTX bankruptcy estate liquidate FTT to repay creditors?

Yes — the FTX Recovery Trust controls a large share of the FTT supply and may liquidate tokens to fund creditor repayments. This liquidation is discretionary and follows no published token-unlock timeline, so the sell-pressure overhang persists as long as the estate holds FTT. The estate's distributions have also spawned fake "FTX repayment" schemes targeting FTT holders.

Is FTT still trading, and where can you buy FTT?

Yes — FTT trades on more than 20 spot venues per DropsTab data. The main CEX pairs are FTT/USDT on Binance, Bybit, KuCoin, HTX and MEXC, plus FTT/EUR on Bitvavo. On-chain liquidity runs through 8+ tracked DEX pools on Raydium and Orca (Solana) and Uniswap V2 and Sushiswap (Ethereum). DropsTab tracks no FTT derivative markets, and liquidity depth is thin and concentrated in USDT pairs on second-tier venues.

What was FTT's all-time high?

FTT's all-time high was about $85.02, set in September 2021 while the FTX exchange was operating at full scale. After the November 2022 collapse, the token fell to a small fraction of that level and has not recovered, since FTT no longer has exchange utility behind it.

Does FTT have a vesting schedule or upcoming token unlocks?

No — FTX Token has no ongoing vesting schedule or unlock calendar. The only documented unlock mechanics date to the 2019 sale rounds: Seed tokens unlocked over 3 months, Private Round 1 over 1.5 months, and Private Round 2 over 1 month — all completed years ago. The material supply risk for FTT holders is discretionary estate liquidation, not scheduled unlocks.

Are FTX repayment claims and FTT staking offers legitimate?

No — offers to "stake FTT" or claim "FTX repayment" through third-party sites are not official programs. The estate's creditor distributions since 2025, most recently the roughly $900 million round begun in July 2026, have generated impersonation and repayment-claim scams. FTX Token has no issuer-run incentive campaign, and legitimate creditor distributions run through the bankruptcy process — not through token-holder claims on external websites.