FTX
FTT
FTX (FTT) Feed: Events, News & Roadmap
FTX to Begin Next Distribution on July 31
FTX announced that the record date for the next distribution to holders of allowed FTX claims and interests will be June 16.
FTX to Distribute About $2.2B to Creditors on March 31
FTX announced that it plans to make its fourth distribution of approximately $2.2 billion on March 31 to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes who have completed the pre-distribution requirements.
FTX Sets Record Date for Next Creditor Distribution on August 15
FTX has announced that the record date for the next planned distribution to creditors is August 15.
FTX Token to Start Reorganization Plan Implementing on January 3rd
Bankrupt cryptocurrency exchange FTX has announced that its Chapter 11 reorganization plan will become effective on January 3.
Customer Bar Date Opens
The FTX Debtors’ “Customer Bar Date” has been set for September 29, 2023, at 8 PM UTC.
Delisting From Tokocrypto
FTT will be delisted from Tokocrypto.
New FTT/ETH Trading Pair on Tokocrypto
Listing on Bitget
Liquid Exchange Acquisition
NFT Webinar on Twitter
AMA on Twitter
Listing on BKEX
Listing on BTSE
Listing on Perpetual Protocol
Listing on Wootrade
Panel Discussion
Listing on Bitrue
Listing on CoinBene
Equities Trading
Trading Competition
FTX Events on the Chart
What is FTX?
FTX is a centralized cryptocurrency derivatives exchange. It was designed to address inefficiencies in existing futures trading platforms, offering advanced trading features such as clawback prevention, centralized collateral management, and universal stablecoin settlement. Backed by major industry players like Alameda Research, BlackRock, and Coinbase Ventures, FTX quickly gained traction, with daily trading volumes reaching billions of dollars and over a million registered users as of 2022.
FTX aims to optimize the derivatives trading experience through several innovations. Its clawback prevention mechanism minimizes the socialization of losses using a three-tiered liquidation model. Unlike other exchanges where collateral is fragmented across wallets, FTX employs a universal margin wallet backed by stablecoins, simplifying position management and reducing liquidation risks. The platform also introduced leveraged tokens, ERC-20 assets that allow traders to take leveraged positions (e.g., 3x short or long) without margin trading. These tokens are compatible with other spot exchanges, adding to their utility and liquidity.
The FTX Token (FTT) is the platform’s native utility token. FTT provides various benefits, including transaction fee discounts, staking rewards, and collateral for margin trading. The token follows a buyback-and-burn model, using portions of trading fees, reserve fund profits, and other commissions to maintain its value. FTT also powers several features, such as leveraged token creation, fee payments for OTC and futures market services, and staking benefits like bonus votes, IEO ticket access, and airdrop participation.