Exchange Tokens

147 coins #18

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

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# Coins Live Price Market cap 24h
1 BNB BNB $ 590.24
$ 78.60B
$ 78.60 billion
+1.23%
2 Hyperliquid HYPE $ 54.40
$ 16.24B
$ 16.24 billion
+3.82%
3 Cronos CRO $ 0.0546
$ 2.58B
$ 2.58 billion
+0.80%
4 Uniswap UNI $ 3.88
$ 2.42B
$ 2.42 billion
-5.82%
5 OKB OKB $ 86.68
$ 1.82B
$ 1.82 billion
+0.54%
6 Bitget Token BGB $ 1.61
$ 1.12B
$ 1.12 billion
+1.59%
7 KuCoin Token KCS $ 6.44
$ 883.20M
$ 883.20 million
-1.34%
8 GateToken GT $ 6.46
$ 710.69M
$ 710.69 million
-0.24%
9 Jupiter JUP $ 0.192
$ 638.99M
$ 638.99 million
+0.54%
10 PancakeSwap CAKE $ 1.43
$ 460.66M
$ 460.66 million
+0.07%
11 Aerodrome AERO $ 0.407
$ 398.23M
$ 398.23 million
+4.00%
12 Sun SUN $ 0.0180
$ 345.81M
$ 345.81 million
+0.39%
13 Curve DAO Token CRV $ 0.206
$ 317.44M
$ 317.44 million
+2.24%
14 Raydium RAY $ 0.609
$ 164.03M
$ 164.03 million
+0.56%
15 THORChain RUNE $ 0.440
$ 148.90M
$ 148.90 million
+0.71%
16 MX Token MX $ 1.59
$ 145.77M
$ 145.77 million
-0.95%
17 FTX Token FTT $ 0.196
$ 64.36M
$ 64.36 million
-0.60%
18 KUB Coin KUB $ 0.612
$ 54.47M
$ 54.47 million
-0.50%
19 SUSHI SUSHI $ 0.158
$ 46.27M
$ 46.27 million
+2.92%
20 Gemini dollar GUSD $ 1.00
$ 29.66M
$ 29.66 million
+0.02%
21 Osmosis OSMO $ 0.0283
$ 22.17M
$ 22.17 million
+5.03%
22 Velodrome Finance VELO $ 0.0167
$ 21.18M
$ 21.18 million
+3.83%
23 Cetus CETUS $ 0.0177
$ 16.95M
$ 16.95 million
+0.38%
24 Quickswap[New] QUICK $ 0.00792
$ 14.96M
$ 14.96 million
+1.57%
25 DODO DODO $ 0.0186
$ 14.40M
$ 14.40 million
-0.25%
26 Loopring LRC $ 0.0104
$ 14.19M
$ 14.19 million
+0.19%
27 Maverick Protocol MAV $ 0.00797
$ 8.35M
$ 8.35 million
+1.02%
28 Balancer BAL $ 0.108
$ 7.49M
$ 7.49 million
-0.83%
29 THENA THE $ 0.0513
$ 7.33M
$ 7.33 million
+0.49%
30 Minswap MIN $ 0.00323
$ 5.56M
$ 5.56 million
+2.57%
31 JOE JOE $ 0.0243
$ 5.32M
$ 5.32 million
+2.42%
32 Pangolin PNG $ 0.0208
$ 4.90M
$ 4.90 million
+1.19%
33 Bluefin BLUE $ 0.00848
$ 4.68M
$ 4.68 million
+0.42%
34 HTX HTX $ 0.0₅180
$ 3.76M
$ 3.76 million
+0.38%
35 SAROS SAROS $ 0.000289
$ 901,676
$ 901,676
+0.54%

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

36 LEO LEO $ 9.77
$ 8.99B
$ 8.99 billion
+0.03%
37 BTSE Token BTSE $ 0.840
$ 136.16M
$ 136.16 million
-6.06%
38 Huobi Token HT $ 0.0861
$ 43.05M
$ 43.05 million
-2.89%
39 THORChain Yield TCY $ 0.141
$ 29.60M
$ 29.60 million
-1.93%
40 THORSwap THOR $ 0.0429
$ 21.46M
$ 21.46 million
+1.12%
41 LCX LCX $ 0.0735
$ 19.25M
$ 19.25 million
-9.17%
42 BitMart Token BMX $ 0.0505
$ 16.48M
$ 16.48 million
+1.02%
43 VVS Finance VVS $ 0.0₆944
$ 15.20M
$ 15.20 million
+0.98%
44 Rujira RUJI $ 0.189
$ 14.09M
$ 14.09 million
-0.71%
45 Bitrue Coin BTR $ 0.00955
$ 7.65M
$ 7.65 million
-0.28%
46 WazirX WRX $ 0.0158
$ 6.63M
$ 6.63 million
+6.46%
47 Time TIME $ 6.06
$ 4.30M
$ 4.30 million
-2.24%
48 CoinEx Token CET $ 0.0110
$ 2.22M
$ 2.22 million
+0.07%
49 THORChain (ERC20) RUNE $ 0.439
$ 1.52M
$ 1.52 million
+0.10%
50 IDEX IDEX $ 0.00102
$ 1.02M
$ 1.02 million
-5.15%
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Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
Osmosis OSMO $ 0.0283
$ 22.17M
$ 22.17 million
+5.03%
Aerodrome AERO $ 0.407
$ 398.23M
$ 398.23 million
+4.00%
Velodrome Finance VELO $ 0.0167
$ 21.18M
$ 21.18 million
+3.83%
Hyperliquid HYPE $ 54.40
$ 16.24B
$ 16.24 billion
+3.82%
SUSHI SUSHI $ 0.158
$ 46.27M
$ 46.27 million
+2.92%
All Gainers

Market Cap

$ -- --%
Pro Chart

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.

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