Exchange Tokens

145 coins #17

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

Download
# Coins Price Market cap 24h
1 BNB BNB $ 650.95
$ 87.74B
$ 87.74 billion
+2.50%
2 Hyperliquid HYPE $ 43.29
$ 12.94B
$ 12.94 billion
+1.60%
3 Cronos CRO $ 0.0714
$ 3.11B
$ 3.11 billion
+2.79%
4 Uniswap UNI $ 3.71
$ 2.36B
$ 2.36 billion
+8.84%
5 OKB OKB $ 87.16
$ 1.83B
$ 1.83 billion
+1.83%
6 Bitget Token BGB $ 2.14
$ 1.50B
$ 1.50 billion
+1.21%
7 KuCoin Token KCS $ 8.39
$ 1.13B
$ 1.13 billion
+1.98%
8 GateToken GT $ 7.34
$ 826.83M
$ 826.83 million
+0.38%
9 Jupiter JUP $ 0.246
$ 814.87M
$ 814.87 million
+19.84%
10 PancakeSwap CAKE $ 1.56
$ 510.54M
$ 510.54 million
+3.45%
11 Aerodrome AERO $ 0.455
$ 424.88M
$ 424.88 million
+1.78%
12 Sun SUN $ 0.0202
$ 387.90M
$ 387.90 million
-0.21%
13 Curve DAO Token CRV $ 0.258
$ 380.23M
$ 380.23 million
+7.27%
14 Raydium RAY $ 0.853
$ 229.54M
$ 229.54 million
+5.05%
15 THORChain RUNE $ 0.599
$ 209.89M
$ 209.89 million
+6.36%
16 MX Token MX $ 1.75
$ 160.49M
$ 160.49 million
+0.10%
17 FTX Token FTT $ 0.351
$ 115.26M
$ 115.26 million
+10.39%
18 KUB Coin KUB $ 0.885
$ 78.80M
$ 78.80 million
+0.50%
19 SUSHI SUSHI $ 0.250
$ 72.14M
$ 72.14 million
+9.34%
20 Gemini dollar GUSD $ 1.000
$ 37.69M
$ 37.69 million
-0.03%
21 Rujira RUJI $ 0.385
$ 28.68M
$ 28.68 million
+0.91%
22 Cetus CETUS $ 0.0294
$ 27.54M
$ 27.54 million
+4.84%
23 Osmosis OSMO $ 0.0335
$ 25.84M
$ 25.84 million
+3.84%
24 Loopring LRC $ 0.0177
$ 24.18M
$ 24.18 million
+2.49%
25 VVS Finance VVS $ 0.0₅129
$ 20.75M
$ 20.75 million
+2.42%
26 Quickswap[New] QUICK $ 0.0111
$ 20.56M
$ 20.56 million
+2.72%
27 Velodrome Finance VELO $ 0.0174
$ 20.40M
$ 20.40 million
+1.54%
28 DODO DODO $ 0.0201
$ 15.72M
$ 15.72 million
+4.36%
29 THENA THE $ 0.106
$ 13.61M
$ 13.61 million
+1.85%
30 Maverick Protocol MAV $ 0.0161
$ 12.96M
$ 12.96 million
+3.32%
31 Balancer BAL $ 0.159
$ 10.81M
$ 10.81 million
+1.97%
32 JOE JOE $ 0.0490
$ 10.73M
$ 10.73 million
+1.80%
33 Bluefin BLUE $ 0.0176
$ 8.39M
$ 8.39 million
+4.30%
34 Pangolin PNG $ 0.0295
$ 6.81M
$ 6.81 million
+2.72%
35 HTX HTX $ 0.0₅197
$ 3.72M
$ 3.72 million
+0.47%
36 IDEX IDEX $ 0.00194
$ 1.94M
$ 1.94 million
+3.69%

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

37 LEO LEO $ 10.31
$ 9.50B
$ 9.50 billion
+7.14%
38 BitMart Token BMX $ 0.357
$ 116.57M
$ 116.57 million
-1.10%
39 LCX LCX $ 0.0923
$ 87.68M
$ 87.68 million
+5.00%
40 Huobi Token HT $ 0.158
$ 79.20M
$ 79.20 million
-1.86%
41 THORChain Yield TCY $ 0.143
$ 29.95M
$ 29.95 million
+0.76%
42 THORSwap THOR $ 0.0492
$ 24.59M
$ 24.59 million
+7.09%
43 WazirX WRX $ 0.0275
$ 11.54M
$ 11.54 million
-3.37%
44 Bitrue Coin BTR $ 0.0118
$ 9.37M
$ 9.37 million
+0.33%
45 Minswap MIN $ 0.00495
$ 8.62M
$ 8.62 million
+3.13%
46 ASD ASD $ 0.00861
$ 6.40M
$ 6.40 million
-5.80%
47 CoinEx Token CET $ 0.0271
$ 5.45M
$ 5.45 million
-1.03%
48 THORChain (ERC20) RUNE $ 0.597
$ 2.07M
$ 2.07 million
+5.94%
49 Time TIME $ 2.82
$ 2.00M
$ 2.00 million
+20.38%
50 Camelot Token GRAIL $ 76.39
$ 1.92M
$ 1.92 million
+3.46%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Jupiter JUP $ 0.246
$ 814.87M
$ 814.87 million
+19.84%
FTX Token FTT $ 0.351
$ 115.26M
$ 115.26 million
+10.39%
SUSHI SUSHI $ 0.250
$ 72.14M
$ 72.14 million
+9.34%
Uniswap UNI $ 3.71
$ 2.36B
$ 2.36 billion
+8.84%
Curve DAO Token CRV $ 0.258
$ 380.23M
$ 380.23 million
+7.27%
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