Headquartered in Singapore, Huobi Global is an innovative digital asset trading platform under Huobi Group serving global professional trading users. It is committed to discovering high-quality innovative digital asset investment opportunities. At present, it provides currency transactions of hundreds of currencies including BTC, ETH, LTC, and HT, leveraged transactions and contract transactions of mainstream currencies, and OTC of 19 legal currencies and mainstream currencies including USD and CNY. trade. Huobi Group is a well-known digital economy leader. Since its establishment in 2013, it has been committed to the breakthrough of core technology in the field of blockchain and the integration of blockchain technology and industry. Focusing on the upstream and downstream of the blockchain industry, the development includes industrial blockchain, public chain, digital asset transactions, digital asset security wallets, mining pools, investment, incubation, research and other multi-business sectors. It has successively invested in 60+ upstream and downstream enterprises and has formed Comprehensive digital economy industry ecosystem. Huobi Group has cooperated with Argentina, Russia, Thailand, Nigeria and other countries in the field of blockchain technology and application to promote the implementation of global blockchain applications. Huobi Group has digital asset service provider compliance licenses in many regions around the world, and has subsidiaries or partnerships in 12 countries and regions including the United States, Japan, Gibraltar, and Thailand, with more than 1,300 employees. The scale of digital asset transactions on the Huobi platform has become a global leader, providing safe and reliable value network services for tens of millions of users in more than 170+ countries.

FTX Token

FTT is the backbone of the FTX ecosystem. We have carefully designed incentive schemes to increase network effects and demand for FTT, and to decrease its circulating supply.
The utility of FTT includes:
(1) Token Burn:One third of all fees generated on FTX will be used for an FTT repurchase, until at least half of all FTT is burned. Any FTT bought this way will be burned.
(2) Collateral:FTT can be used as collateral for futures positions. This increases utility and demand for FTT. The same applies when we launch margin trading in the future.
(3) Discount on Trading Fees:Customers who hold a certain amount of FTT for a period of time will receive lower FTX futures fees. This will further increase demand for FTT.
(4) OTC rebates:Customers who hold enough FTT will receive rebates from all of their OTC trading on FTX.
(5) OTC burn:There will be a repurchase and burning of FTT based on OTC volumes and revenue from the FTX OTC portal, powered by Alameda Research.
(6) Socialized Gains:We&rsquo;ve performed backtests and live simulations to see how FTX will fare during large market movements. While other futures exchanges suffered from clawbacks, FTX managed to net increase their insurance fund by a sizeable amount thanks to its unique backstop liquidity provider program. For instance, during a recent market move, Okex incurred ~$3 million of clawbacks. Meanwhile, our demo simulation which mirrored positions on OKEx demonstrated no clawbacks and a net gain of a million to our insurance fund. We are confident in FTX&rsquo;s ability to handle endangered accounts and will redistribute a portion of net insurance fund gains to FTT holders.

0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9

AGFEad2et2ZJif9jaGpdMixQqvW5i81aBdvKe7PHNfz3

0xda79dcf81c948dfb85cbda738bc898195a2ba861

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	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	FTT/USDT	1.9661	-4.41%	$15,992,026.75	24.5581%	2024-10-18 08:41:25
2	Gate.io	2	Gate.io	FTT/USDT	1.9598	-4.63%	$6,593,951.37	10.1260%	2024-10-18 08:40:44
3	Bitget	3	Bitget	FTT/USDT	1.9665	-4.19%	$1,171,732.39	1.7994%	2024-10-18 08:40:46
4	KuCoin	4	KuCoin	FTT/USDT	1.9600	-4.25%	$629,795.62	0.9671%	2024-10-18 08:39:27
5	BingX	5	BingX	FTT/USDT	1.9647	-3.86%	$286,472.02	0.4399%	2024-10-18 08:40:26
6	MEXC	6	MEXC	FTT/USDT	1.9660	-4.09%	$213,171	0.3274%	2024-10-18 08:41:21
7	CoinW	7	CoinW	FTT/USDT	1.9590	-4.3%	$89,683.83	0.1377%	2024-10-18 08:40:07
8	MEXC	8	MEXC	FTT/USDC	1.9738	-3.93%	$25,836.98	0.0397%	2024-10-18 08:39:57
9	Gate.io	9	Gate.io	FTT/ETH	0.00074400	-4.74%	$12,875.54	0.0198%	2024-10-18 08:41:25
10	KuCoin	10	KuCoin	FTT/BTC	0.00002905	-4.35%	$1,342.71	0.0021%	2024-10-18 08:40:32
11	HTX	11	HTX	FTT/USDT	1.9648	-3.92%	$1,925,950.8	2.9576%	2024-10-18 08:41:33
12	XT.COM	12	XT.COM	FTT/USDT	1.9637	-4.39%	$4,341,429.45	6.6669%	2024-10-18 08:40:31

	Volume(24H)	Trading Percent
Binance	Binance	$15,992,026.75	48.3816%	Visit
Gate.io	Gate.io	$6,606,826.91	19.9880%	Visit
KuCoin	KuCoin	$631,138.33	1.9094%	Visit
Bitget	Bitget	$1,171,732.39	3.5449%	Visit
MEXC	MEXC	$239,007.98	0.7231%	Visit
BingX	BingX	$286,472.02	0.8667%	Visit
CoinW	CoinW	$89,683.83	0.2713%	Visit
HTX	HTX	$1,925,950.8	5.8267%	Visit
XT.COM	XT.COM	$4,341,429.45	13.1344%	Visit
ProBit Global	ProBit Global	$299.99	0.0009%	Visit
Bitrue	Bitrue	$331,489.14	1.0029%	Visit

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