Exchange tokens

114 coins #14

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

# Coins Price Market cap 24h
5
BNB BNB
$ 661.32
$ 99.45B
$ 99.45 billion
-0.23%
13
Hyperliquid HYPE
$ 37.89
$ 12.65B
$ 12.65 billion
-4.99%
19
LEO LEO
$ 9.06
$ 8.36B
$ 8.36 billion
+0.19%
34
Bitget Token BGB
$ 4.30
$ 5.16B
$ 5.16 billion
-2.67%
36
Uniswap UNI
$ 7.46
$ 4.24B
$ 4.24 billion
+1.03%
38
WhiteBIT Coin WBT
$ 44.90
$ 3.89B
$ 3.89 billion
+0.71%
44
OKB OKB
$ 48.05
$ 2.88B
$ 2.88 billion
-0.82%
49
Cronos CRO
$ 0.0806
$ 2.51B
$ 2.51 billion
-1.07%
56
GateToken GT
$ 15.61
$ 1.89B
$ 1.89 billion
+0.91%
73
KuCoin Token KCS
$ 11.03
$ 1.41B
$ 1.41 billion
+0.17%
75
Jupiter JUP
$ 0.431
$ 1.29B
$ 1.29 billion
-4.07%
104
PancakeSwap CAKE
$ 2.25
$ 775.62M
$ 775.62 million
-2.05%
113
Curve DAO Token CRV
$ 0.506
$ 653.07M
$ 653.07 million
-0.88%
123
Aerodrome AERO
$ 0.689
$ 586.59M
$ 586.59 million
-2.64%
126
Raydium RAY
$ 2.18
$ 582.52M
$ 582.52 million
-1.29%
144
THORChain RUNE
$ 1.33
$ 466.38M
$ 466.38 million
-1.59%
178
Sun SUN
$ 0.0173
$ 331.08M
$ 331.08 million
-0.25%
195
FTX Token FTT
$ 0.813
$ 268.09M
$ 268.09 million
-0.38%
210
MX Token MX
$ 2.46
$ 231.57M
$ 231.57 million
-1.19%
255
SUSHI SUSHI
$ 0.593
$ 170.66M
$ 170.66 million
-3.01%
294
Bitkub Coin KUB
$ 1.48
$ 131.11M
$ 131.11 million
-0.79%
334
Osmosis OSMO
$ 0.147
$ 108.01M
$ 108.01 million
-1.50%
370
Loopring LRC
$ 0.0715
$ 89.96M
$ 89.96 million
-1.58%
426
Rujira RUJI
$ 0.715
$ 71.38M
$ 71.38 million
-7.43%
455
THENA THE
$ 0.234
$ 61.82M
$ 61.82 million
-2.65%
474
Balancer BAL
$ 0.950
$ 57.33M
$ 57.33 million
-2.36%
526
Gemini dollar GUSD
$ 1.00
$ 47.32M
$ 47.32 million
-0.02%
539
Velodrome Finance VELO
$ 0.0451
$ 43.39M
$ 43.39 million
-1.65%
622
JOE JOE
$ 0.142
$ 31.05M
$ 31.05 million
-3.06%
639
VVS Finance VVS
$ 0.0₅186
$ 29.80M
$ 29.80 million
-1.26%
644
Cetus CETUS
$ 0.0876
$ 29.51M
$ 29.51 million
-3.24%
678
Pangolin PNG
$ 0.115
$ 25.28M
$ 25.28 million
-4.23%
683
Bluefin BLUE
$ 0.0813
$ 24.83M
$ 24.83 million
-3.98%
691
Minswap MIN
$ 0.0163
$ 23.82M
$ 23.82 million
-3.92%
753
DODO DODO
$ 0.0371
$ 19.66M
$ 19.66 million
-0.96%
766
Maverick Protocol MAV
$ 0.0387
$ 18.62M
$ 18.62 million
-4.06%
829
IDEX IDEX
$ 0.0162
$ 15.46M
$ 15.46 million
-3.63%
842
Quickswap[New] QUICK
$ 0.0196
$ 14.55M
$ 14.55 million
+1.23%
1.01K
Camelot Token GRAIL
$ 329.42
$ 7.24M
$ 7.24 million
-8.16%
1.02K
Time TIME
$ 9.98
$ 7.09M
$ 7.09 million
-0.40%
1.22K
HTX HTX
$ 0.0₅173
$ 2.52M
$ 2.52 million
-0.15%
1.24K
BitKan KAN
$ 0.000698
$ 2.20M
$ 2.20 million
-0.05%

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

1.45K
Tokenize Xchange TKX
$ 16.54
$ 1.32B
$ 1.32 billion
-1.89%
1.47K
Bitpanda Ecosystem Token BEST
$ 0.510
$ 171.53M
$ 171.53 million
+0.00%
1.48K
Liechtenstein Cryptoassets Exchange LCX
$ 0.111
$ 105.29M
$ 105.29 million
-3.37%
1.49K
Huobi Token HT
$ 0.155
$ 77.50M
$ 77.50 million
-0.64%
1.50K
BitMart Token BMX
$ 0.289
$ 55.76M
$ 55.76 million
+1.07%
1.51K
THORChain Yield TCY
$ 0.233
$ 48.94M
$ 48.94 million
-2.52%
1.52K
THORSwap THOR
$ 0.0670
$ 33.46M
$ 33.46 million
-2.34%
1.54K
Bitrue Coin BTR
$ 0.0353
$ 28.07M
$ 28.07 million
-2.25%
Download

Trending Exchange tokens

Top gainers

Coins Price Market cap 24h
Quickswap[New] QUICK
$ 0.0196
$ 14.55M
$ 14.55 million
+1.23%
Uniswap UNI
$ 7.46
$ 4.24B
$ 4.24 billion
+1.03%
GateToken GT
$ 15.61
$ 1.89B
$ 1.89 billion
+0.91%
BitKan KAN
$ 0.000698
$ 2.20M
$ 2.20 million
-0.05%
WhiteBIT Coin WBT
$ 44.90
$ 3.89B
$ 3.89 billion
+0.71%
All gainers

What Are Exchange Tokens?

What are exchange tokens?

An exchange token is the native cryptocurrency specific to CEXs (Centralized Exchanges). While many exchanges have their native tokens, some of the more prominent ones include Binance’s BNB and FTX’s FTT. Other tokens in this category encompass KuCoin (KCS), Huobi Global (HT), and Crypto.com (CRO).

These tokens are minted by exchanges, offering holders access to various benefits such as reduced trading fees or discounts.

What are exchange tokens used for?

Exchanges introduce tokens for multiple purposes, including customer incentives via staking, cost considerations for transactions, capital generation, or governance.

For example, in Binance, the BNB token operates as a governance token for the BNB Chain.

At KuCoin, token holders gain special discounts on trading fees or associated costs. Increased KCS tokens lead to improved discounts.

Token holders can also utilize these tokens to cover transaction fees.

With Crypto.com, CRO token holders access rewards tied to their newly launched credit card, enabling reduced trading fees, lending rewards, and discounts.

For exchanges, having their native token aids in establishing liquidity within the platform, often accomplished through staking. When a user stakes a token like DOT, a CEX rewards them with their exchange token as an appreciation for providing liquidity.

Final thoughts on exchange tokens

It's crucial to conduct thorough due diligence as investments inherently carry risks. The crash of FTX serves as an example, where despite being initially trusted in the cryptocurrency industry with millions of daily traders, an incident with a rival exchange led to its downfall and the subsequent crash of their native token, FTT.

Therefore, if considering holding an exchange token, delve into the exchange's registration and operations before making any investment decisions.

Curious about the array of exchange tokens available?