Our Mission
FTX is a cryptocurrency derivatives exchange built by traders, for traders. We strive to build a platform powerful enough for professional trading firms and intuitive enough for first-time users.
Liquidity
FTX was incubated by Alameda Research, a top cryptocurrency liquidity provider. Because of this FTX has has had industry-leading orderbooks from day one.
Our Product
Futures
FTX has quarterly and perpetual futures on the most important cryptocurrencies. We’ve designed our futures engine from the ground up, setting a new standard for the industry.
Our liquidation engine and backstop liquidity provider system provide a three-step solution to handle margin calls, preventing clawbacks. Our centralized collateral wallet makes trading on FTX simple and efficient. And we’ve listed futures on coins the rest of the industry has neglected including USDT, BNB, and LEO.
We've also listed Index Futures, allowing users to trade entire sectors of the cryptocurrency ecosystem--from large-cap coins to exchange tokens to regional baskets--at once.
Leveraged Tokens
FTX’s leveraged tokens provide a clean, automated way for users to get leverage. Our BULL and BEAR tokens automatically manage their exposure, rebalancing to maintain their target leverage and prevent liquidations.
With leveraged tokens, you don’t need to micromanage your collateral or risk. And best of all, they’re ERC20 tokens, allowing you to withdraw them from the platform and trade them on your favorite spot venue.
FTX has entered the options space with its industry-first MOVE contracts. MOVE contracts are futures that expire to the raw amount BTC moves in a time period, letting users trade on the amount bitcoin is going to move without having to know the direction.
OTC
Powered by Alameda Research, FTX has a 24/7 OTC portal. Users can receive quotes on over 20 coins instantly and trade them, accessing deep liquidity with no fees.
FTT
FTT is the FTX ecosystem utility token. Holders of FTT receive numerous benefits, including:
- Weekly buying and burning of fees
- Lower FTX trading fees
- OTC rebates
- Collateral for futures trading
- Socialized gains from the insurance fund
Our Partners
FTX is proud to have partnered with many leading cryptocurrency firms, including:
Alameda Research Circle USDC BUSD
HUSD Trust Token TUSD Paxos PAX
Bilira Fenwick and West Galois Capital
Proof of Capital TomoChain Bitfinex
Mars Finance Consensus Lab CoinGecko
Our Founders
Sam Bankman-Fried: CEO
Before founding Alameda, Sam was a trader on Jane Street Capital’s international ETF desk. He traded a variety of ETFs, futures, currencies, and equities, and designed their automated OTC trading system. He graduated from MIT with a degree in physics.
Gary Wang: CTO
Gary was a software engineer at Google prior to founding Alameda and FTX. There, he built systems to aggregate prices across millions of flights, decreasing latency and memory usage by over 50%. He graduated from MIT with a degree in Mathematics with Computer Science.
Company
FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda.
Charity
Alameda Research was founded with the goal of donating to the world’s most effective charities, and has donated over $4m in the last year to help save lives, prevent suffering, and ensure a brighter future.
FTX, together with Alameda Research, has pledged to donate a substantial fraction of its earnings to the world’s most effective charities.
Contact Us
See here for our contact details.