In addition, the asset strives to create a platform that is both robust enough for professional trading firms and simple enough for first-time users. DOGEBULL is the native token of the platform. The ticker symbol used for the token is DOGEBULL.

According to its website, the platform was founded with the intention of donating to the most effective charities in the world. Over $10 million has been donated by FTX, its affiliates, and its employees to help protect lives, prevent suffering, and ensure a better world. Furthermore, as stated on the website, the asset is proud to have collaborated and partnered with many leading cryptocurrency firms in the market.

The token operates on a simple yet efficient tokenomics model, which ensures price stability and provides reasonable rewards to holders. The holders receive 7 percent of all trade orders, which are re-distributed to them. The holders with a balance of more than two hundred thousand remain eligible for this reward. Holders who have more than the required number of tokens receive automatic rewards in their wallets, eliminating the need to wait or claim these rewards through any portal. Aside from that, 7 percent of their transaction costs are to be allocated to the tokens marketing.

Sam Bankman-Fried is the CEO and founder. Gary Wang is the CTO and co-founder.Jane Street, Optiver, Susquehanna, Facebook, and Google are among the Wall Street quant firms and tech companies from which the DOGEBULL developers hail. FTX Trading LTD is a company registered in Antigua and Barbuda with its headquarters in the Bahamas.