What is FTX Token / TetherUS (FTTUSDT)?
FTX Token / TetherUS (FTTUSDT) is a spot trading pair on BINANCE that tracks FTT, the native utility token originally issued by the FTX cryptocurrency exchange, against TetherUS (USDT), a US dollar-pegged stablecoin. As a spot market, it settles trades on the underlying assets directly rather than through leveraged derivatives. FTT was historically used to access fee discounts and other perks within the FTX ecosystem, making this pair a way to gain or hedge exposure to the token in dollar terms. On TradeSearcher, this pair has been evaluated across more than 1,700 backtests, with historical data reaching back to 2019.