{"id":56152,"date":"2022-01-18T19:42:41","date_gmt":"2022-01-18T17:42:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56152"},"modified":"2025-09-04T05:01:27","modified_gmt":"2025-09-04T02:01:27","slug":"ftx-in-2021-the-platforms-spot-trading-volume-reached-719-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ftx-in-2021-the-platforms-spot-trading-volume-reached-719-billion\/","title":{"rendered":"FTX: In 2021, the platform&#8217;s spot trading volume reached $719 billion"},"content":{"rendered":"<p>In 2021, FTX&#8217;s spot trading volume rose by 2,400%, reaching $719 billion. At its peak, the daily number of trades executed on the platform, including derivatives, reached 13.8 billion. The company <a href=\"https:\/\/blog.ftx.com\/blog\/end-of-year-2021\/\">said<\/a> in a report published today.<\/p>\n<p>The average daily trading volume on FTX in 2021 exceeded $12.5 billion, up 1,187% from the previous year.<\/p>\n<p>The exchange&#8217;s user base surpassed 5 million. The company noted that registrations were up 1,500% versus 2020. The growth rate of the American unit FTX.US was even higher \u2014 over the year the number of platform users grew by 12,100%.<\/p>\n<p>The company&#8217;s headcount nearly tripled \u2014 from 72 to about 200 people.<\/p>\n<p>The company also said that, &#8220;after the organization of the largest round in the history of the crypto industry, it was valued at $32 billion.&#8221; <a href=\"https:\/\/forklog.com\/en\/news\/ftx-plans-to-push-its-valuation-to-32-billion-according-to-reports\">Earlier media reports surfaced<\/a> about plans by FTX chief Sam Bankman-Fried to raise $1.5 billion.<\/p>\n<p>In July 2021, the exchange <a href=\"https:\/\/forklog.com\/en\/news\/ftx-raises-900-million-at-an-18-billion-valuation\">raised $900 million in a Series B funding round<\/a>, the size of which was subsequently increased to $1 billion.<\/p>\n<p>In October, FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-raises-420-million-at-a-25-billion-valuation\">closed the Series B-1 funding round<\/a> for $420.69 million, after which its valuation reached $25 billion.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2021, FTX&#8217;s spot trading volume rose by 2,400%, reaching $719 billion. At its peak, the daily number of trades on the platform, including derivatives transactions, stood at 13.8 billion.<\/p>\n","protected":false},"author":1,"featured_media":56153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1236],"class_list":["post-56152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-ftx"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=56152"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56152\/revisions"}],"predecessor-version":[{"id":56154,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56152\/revisions\/56154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/56153"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=56152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=56152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=56152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}