Exchange Tokens

139 coins #17

Exchange tokens offer reduced trading fees and other benefits on centralized exchanges. More

Download
# Coins Price Market cap 24h
1 BNB BNB $ 665.38
$ 90.76B
$ 90.76 billion
+7.16%
2 Hyperliquid HYPE $ 32.80
$ 9.86B
$ 9.86 billion
-3.12%
3 LEO LEO $ 7.83
$ 7.21B
$ 7.21 billion
+13.86%
4 Cronos CRO $ 0.0800
$ 3.19B
$ 3.19 billion
+10.62%
5 Uniswap UNI $ 3.58
$ 2.27B
$ 2.27 billion
+10.85%
6 Bitget Token BGB $ 2.72
$ 1.90B
$ 1.90 billion
+0.61%
7 OKB OKB $ 76.83
$ 1.61B
$ 1.61 billion
+9.29%
8 KuCoin Token KCS $ 8.47
$ 1.12B
$ 1.12 billion
+4.73%
9 GateToken GT $ 7.01
$ 806.16M
$ 806.16 million
+6.91%
10 Jupiter JUP $ 0.170
$ 550.18M
$ 550.18 million
+6.24%
11 PancakeSwap CAKE $ 1.40
$ 465.89M
$ 465.89 million
+6.20%
12 Curve DAO Token CRV $ 0.260
$ 381.37M
$ 381.37 million
+9.99%
13 Sun SUN $ 0.0165
$ 316.67M
$ 316.67 million
+0.78%
14 Aerodrome AERO $ 0.338
$ 310.22M
$ 310.22 million
+12.91%
15 Raydium RAY $ 0.641
$ 172.41M
$ 172.41 million
+9.60%
16 MX Token MX $ 1.82
$ 167.40M
$ 167.40 million
+1.33%
17 THORChain RUNE $ 0.424
$ 148.81M
$ 148.81 million
+10.35%
18 FTX Token FTT $ 0.318
$ 104.61M
$ 104.61 million
+8.75%
19 KUB Coin KUB $ 1.07
$ 94.96M
$ 94.96 million
+0.56%
20 Loopring LRC $ 0.0469
$ 64.17M
$ 64.17 million
+32.80%
21 SUSHI SUSHI $ 0.215
$ 62.87M
$ 62.87 million
+11.79%
22 Gemini dollar GUSD $ 1.00
$ 47.13M
$ 47.13 million
-0.08%
23 Liechtenstein Cryptoassets Exchange LCX $ 0.0490
$ 46.50M
$ 46.50 million
+11.95%
24 THENA THE $ 0.247
$ 31.02M
$ 31.02 million
-1.45%
25 Osmosis OSMO $ 0.0394
$ 30.03M
$ 30.03 million
+8.85%
26 THORSwap THOR $ 0.0575
$ 28.75M
$ 28.75 million
+5.32%
27 VVS Finance VVS $ 0.0₅156
$ 25.10M
$ 25.10 million
+10.12%
28 Velodrome Finance VELO $ 0.0151
$ 16.21M
$ 16.21 million
+14.52%
29 Rujira RUJI $ 0.207
$ 15.43M
$ 15.43 million
+5.69%
30 Cetus CETUS $ 0.0171
$ 15.37M
$ 15.37 million
+11.39%
31 Maverick Protocol MAV $ 0.0183
$ 13.16M
$ 13.16 million
+7.36%
32 DODO DODO $ 0.0155
$ 12.10M
$ 12.10 million
+9.65%
33 Balancer BAL $ 0.175
$ 11.90M
$ 11.90 million
+3.52%
34 JOE JOE $ 0.0408
$ 8.93M
$ 8.93 million
+12.30%
35 Bluefin BLUE $ 0.0209
$ 8.24M
$ 8.24 million
+9.83%
36 IDEX IDEX $ 0.00779
$ 7.79M
$ 7.79 million
+7.53%
37 Quickswap[New] QUICK $ 0.00919
$ 6.81M
$ 6.81 million
+9.30%
38 Pangolin PNG $ 0.0263
$ 6.05M
$ 6.05 million
+13.48%
39 HTX HTX $ 0.0₅164
$ 3.09M
$ 3.09 million
-0.04%
40 Time TIME $ 3.28
$ 2.33M
$ 2.33 million
-0.16%

The coins below are ranked lower due to missing data. Learn more

41 BitMart Token BMX $ 0.379
$ 123.82M
$ 123.82 million
-0.51%
42 Tokenize Xchange TKX $ 1.37
$ 109.84M
$ 109.84 million
+7.48%
43 Huobi Token HT $ 0.171
$ 85.50M
$ 85.50 million
+2.03%
44 THORChain Yield TCY $ 0.0783
$ 16.44M
$ 16.44 million
+19.44%
45 Bitrue Coin BTR $ 0.0200
$ 16.04M
$ 16.04 million
+5.47%
46 WazirX WRX $ 0.0381
$ 15.97M
$ 15.97 million
+11.70%
47 ASD ASD $ 0.0142
$ 10.54M
$ 10.54 million
+0.42%
48 Minswap MIN $ 0.00597
$ 10.50M
$ 10.50 million
+6.60%
49 MCDex MCB $ 1.99
$ 9.54M
$ 9.54 million
-4.17%
50 CoinEx Token CET $ 0.0256
$ 5.14M
$ 5.14 million
+4.91%
Download

Trending Exchange Tokens

Top gainers
Coins Price Market cap 24h
Loopring LRC $ 0.0469
$ 64.17M
$ 64.17 million
+32.80%
Velodrome Finance VELO $ 0.0151
$ 16.21M
$ 16.21 million
+14.52%
LEO LEO $ 7.83
$ 7.21B
$ 7.21 billion
+13.86%
Pangolin PNG $ 0.0263
$ 6.05M
$ 6.05 million
+13.48%
Aerodrome AERO $ 0.338
$ 310.22M
$ 310.22 million
+12.91%
All gainers

What are exchange tokens?

Exchange tokens are proprietary cryptocurrencies minted by centralised exchanges (CEXs) to bootstrap liquidity, reward loyalty, and power parallel ecosystems.
Holders unlock trading-fee discounts, staking yields, card cashback, launchpad allocations, and sometimes governance rights over a dedicated blockchain (e.g., BNB Chain).
Market leaders include BNB, OKB, CRO, KCS, and HT; combined market-cap exceeds $100 B but is tightly coupled to exchange health.

Quick Facts

  • Purpose: Reduce fees, raise capital, incentivise staking, fund buy-back burns, power chain gas.
  • Supply model: Usually capped with quarterly burns funded by platform profits (deflationary).
  • Blockchains: Mostly ERC-20 initially; later migrated to native chains (BNB, Cronos, OKTC).
  • Regulatory grey zone – often classed as utility tokens, but SEC has flagged some as potential securities.
  • Counter-party risk – value collapses if exchange becomes insolvent (FTX ➔ FTT -99 %).

Top Exchange Tokens (Live Examples)

Token Ticker Exchange 2024 Perks Snapshot
BNB BNB Binance 25 % fee discount, BNB Chain gas, launchpad lottery.
Cronos CRO Crypto.com Card cashback up to 5 %, trading rebates, NFT drops.
OKB OKB OKX Fee discounts, Jumpstart launchpad, OKTC gas.
KuCoin Token KCS KuCoin Daily dividend (50 % platform rev-share), fee discount.
HTX Token HT HTX (ex-Huobi) Fee rebates, PrimePool access, chain gas.
Bitget Token BGB Bitget Futures fee discount, launchpad, copy-trading boosts.
MX Token MX MEXC Launch-Kickstarter votes, fee discounts, airdrops.

How It Works

  1. Exchange mints token → sells or airdrops to early users.
  2. Traders opt-in to pay fees in the token → receive 10-25 % discount.
  3. Quarterly burn – platform uses part of profits to buy & burn tokens, reducing float.
  4. Staking tiers – lock X tokens for higher APY, lower futures fees, or launchpad allocation weight.
  5. Ecosystem expansion – token becomes gas for native chain, DeFi, NFT marketplaces, and cards.

Benefits

  • Cheaper trading – fee discounts compound for high-volume users.
  • Passive income – staking, dividends, and launchpad flipping can beat bank rates.
  • Launchpad access – new-token sales often require exchange-token tickets, creating scarcity.
  • Ecosystem gas – BNB, CRO, OKB needed for dApps, NFT mints, and validator staking.
  • Deflationary burns – supply shrinks as exchange revenue grows (theoretically price-supportive).

Risks & Trade-offs

  • Centralised issuer – exchange can change utility rules or burn schedule at will.
  • Solvency contagion – token price crashed 70-99 % when FTX, Celsius, and Voyager folded.
  • Regulatory action – SEC suits against exchanges can delist or freeze token utility (e.g., BUSP).
  • Low float manipulation – thin order books allow insiders to pump perks temporarily.
  • Circular value – token worth less if trading volumes drop, creating reflexive downside.
  • Staking lock-ups – 30-180 day unbonding periods prevent quick exits during crises.

Final Thoughts

Exchange tokens are loyalty points on steroids: they save money today, fund launches tomorrow, and occasionally morph into full-blown L1 gas.
The catch? Your investment is a bet on both crypto trading volumes and a single company’s balance sheet.
Use them for discounts or short-term trades, but don’t HODL blindly—track proof-of-reserves, burn wallets, and regulatory headlines.

Useful / Related Links