Exchange Tokens

144 coins #17

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

Download
# Coins Price Market cap 24h
1 BNB BNB $ 597.27
$ 81.44B
$ 81.44 billion
+0.80%
2 Hyperliquid HYPE $ 42.27
$ 12.65B
$ 12.65 billion
+4.65%
3 Cronos CRO $ 0.0682
$ 2.89B
$ 2.89 billion
-0.13%
4 Uniswap UNI $ 3.04
$ 1.93B
$ 1.93 billion
+0.17%
5 OKB OKB $ 82.99
$ 1.74B
$ 1.74 billion
-0.33%
6 Bitget Token BGB $ 1.89
$ 1.32B
$ 1.32 billion
-0.87%
7 KuCoin Token KCS $ 8.35
$ 1.12B
$ 1.12 billion
+0.69%
8 GateToken GT $ 6.67
$ 767.77M
$ 767.77 million
+1.27%
9 Jupiter JUP $ 0.164
$ 582.35M
$ 582.35 million
+2.56%
10 PancakeSwap CAKE $ 1.50
$ 491.89M
$ 491.89 million
+2.26%
11 Sun SUN $ 0.0180
$ 346.33M
$ 346.33 million
-1.39%
12 Aerodrome AERO $ 0.357
$ 328.58M
$ 328.58 million
-2.54%
13 Curve DAO Token CRV $ 0.211
$ 309.56M
$ 309.56 million
+0.10%
14 Raydium RAY $ 0.630
$ 169.23M
$ 169.23 million
+0.16%
15 MX Token MX $ 1.77
$ 162.64M
$ 162.64 million
+0.05%
16 THORChain RUNE $ 0.389
$ 136.74M
$ 136.74 million
+0.61%
17 BitMart Token BMX $ 0.321
$ 104.90M
$ 104.90 million
-2.01%
18 FTX Token FTT $ 0.284
$ 93.54M
$ 93.54 million
-1.37%
19 KUB Coin KUB $ 0.844
$ 75.13M
$ 75.13 million
+0.01%
20 SUSHI SUSHI $ 0.191
$ 55.11M
$ 55.11 million
+0.23%
21 Gemini dollar GUSD $ 1.000
$ 35.68M
$ 35.68 million
+0.04%
22 Osmosis OSMO $ 0.0302
$ 23.28M
$ 23.28 million
-0.43%
23 Loopring LRC $ 0.0161
$ 22.09M
$ 22.09 million
-2.87%
24 VVS Finance VVS $ 0.0₅127
$ 20.40M
$ 20.40 million
-0.99%
25 Quickswap[New] QUICK $ 0.0100
$ 18.61M
$ 18.61 million
+0.19%
26 Cetus CETUS $ 0.0192
$ 17.97M
$ 17.97 million
-0.42%
27 Velodrome Finance VELO $ 0.0150
$ 17.12M
$ 17.12 million
-1.94%
28 THENA THE $ 0.0967
$ 12.42M
$ 12.42 million
-1.12%
29 DODO DODO $ 0.0150
$ 11.67M
$ 11.67 million
-0.56%
30 Maverick Protocol MAV $ 0.0140
$ 11.25M
$ 11.25 million
-2.61%
31 Balancer BAL $ 0.148
$ 10.11M
$ 10.11 million
-3.51%
32 JOE JOE $ 0.0442
$ 9.67M
$ 9.67 million
-4.38%
33 Bluefin BLUE $ 0.0164
$ 7.33M
$ 7.33 million
+0.51%
34 Pangolin PNG $ 0.0277
$ 6.38M
$ 6.38 million
-1.15%
35 HTX HTX $ 0.0₅178
$ 3.35M
$ 3.35 million
-0.10%
36 IDEX IDEX $ 0.00220
$ 2.20M
$ 2.20 million
-9.06%

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

37 LEO LEO $ 10.13
$ 9.33B
$ 9.33 billion
+0.02%
38 Huobi Token HT $ 0.173
$ 86.25M
$ 86.25 million
+0.35%
39 LCX LCX $ 0.0759
$ 72.10M
$ 72.10 million
-5.87%
40 THORSwap THOR $ 0.0513
$ 25.66M
$ 25.66 million
+0.30%
41 THORChain Yield TCY $ 0.109
$ 22.89M
$ 22.89 million
-1.28%
42 Bitrue Coin BTR $ 0.0155
$ 12.39M
$ 12.39 million
-1.16%
43 Rujira RUJI $ 0.168
$ 12.33M
$ 12.33 million
-2.09%
44 ASD ASD $ 0.0154
$ 11.47M
$ 11.47 million
-1.09%
45 WazirX WRX $ 0.0256
$ 10.73M
$ 10.73 million
+1.43%
46 Minswap MIN $ 0.00497
$ 8.71M
$ 8.71 million
+0.52%
47 CoinEx Token CET $ 0.0298
$ 5.99M
$ 5.99 million
+1.21%
48 Camelot Token GRAIL $ 64.79
$ 1.61M
$ 1.61 million
-4.42%
49 LATOKEN LA $ 0.00386
$ 1.54M
$ 1.54 million
+0.00%
50 Time TIME $ 2.11
$ 1.50M
$ 1.50 million
-2.55%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Hyperliquid HYPE $ 42.27
$ 12.65B
$ 12.65 billion
+4.65%
Jupiter JUP $ 0.164
$ 582.35M
$ 582.35 million
+2.56%
PancakeSwap CAKE $ 1.50
$ 491.89M
$ 491.89 million
+2.26%
GateToken GT $ 6.67
$ 767.77M
$ 767.77 million
+1.27%
BNB BNB $ 597.27
$ 81.44B
$ 81.44 billion
+0.80%
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