$FTT Today I read the story about FTX exchange

Similar to LUNA LUNC, right?

FTX Token is the utility token of the FTX ecosystem. FTX is a derivatives cryptocurrency exchange built by Alameda Research, a cryptocurrency liquidity provider.

FTX serves many functions in the FTX ecosystem. The most prominent ones are providing lower trading fees on the FTX exchange, providing more OTC discounts for token holders, and being valid as collateral for derivatives trading.