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 $ 635.64
$ 85.68B
$ 85.68 billion
+1.12%
2 Hyperliquid HYPE $ 41.65
$ 12.44B
$ 12.44 billion
+0.93%
3 Cronos CRO $ 0.0703
$ 3.06B
$ 3.06 billion
+0.54%
4 Uniswap UNI $ 3.30
$ 2.10B
$ 2.10 billion
+2.26%
5 OKB OKB $ 84.60
$ 1.78B
$ 1.78 billion
+0.41%
6 Bitget Token BGB $ 1.98
$ 1.39B
$ 1.39 billion
+1.30%
7 KuCoin Token KCS $ 8.56
$ 1.15B
$ 1.15 billion
+1.19%
8 GateToken GT $ 7.36
$ 847.78M
$ 847.78 million
+0.54%
9 Jupiter JUP $ 0.181
$ 643.95M
$ 643.95 million
+6.07%
10 PancakeSwap CAKE $ 1.53
$ 502.66M
$ 502.66 million
+2.62%
11 Aerodrome AERO $ 0.467
$ 432.55M
$ 432.55 million
+10.51%
12 Sun SUN $ 0.0184
$ 353.20M
$ 353.20 million
-0.87%
13 Curve DAO Token CRV $ 0.230
$ 339.21M
$ 339.21 million
+2.87%
14 Raydium RAY $ 0.759
$ 204.02M
$ 204.02 million
+11.62%
15 THORChain RUNE $ 0.508
$ 178.31M
$ 178.31 million
+6.60%
16 MX Token MX $ 1.76
$ 161.93M
$ 161.93 million
+0.01%
17 FTX Token FTT $ 0.295
$ 97.10M
$ 97.10 million
+3.24%
18 KUB Coin KUB $ 0.893
$ 79.51M
$ 79.51 million
+0.59%
19 SUSHI SUSHI $ 0.223
$ 64.39M
$ 64.39 million
+0.56%
20 Gemini dollar GUSD $ 1.000
$ 35.67M
$ 35.67 million
+0.04%
21 Cetus CETUS $ 0.0315
$ 29.45M
$ 29.45 million
+8.72%
22 Osmosis OSMO $ 0.0328
$ 25.32M
$ 25.32 million
+0.13%
23 Loopring LRC $ 0.0171
$ 23.40M
$ 23.40 million
+1.78%
24 Quickswap[New] QUICK $ 0.0113
$ 21.00M
$ 21.00 million
+0.53%
25 Velodrome Finance VELO $ 0.0167
$ 19.29M
$ 19.29 million
+4.49%
26 DODO DODO $ 0.0197
$ 15.34M
$ 15.34 million
-3.82%
27 THENA THE $ 0.103
$ 13.26M
$ 13.26 million
+1.35%
28 Maverick Protocol MAV $ 0.0161
$ 12.93M
$ 12.93 million
+0.69%
29 Balancer BAL $ 0.153
$ 10.40M
$ 10.40 million
+2.33%
30 JOE JOE $ 0.0470
$ 10.29M
$ 10.29 million
+1.48%
31 Bluefin BLUE $ 0.0172
$ 8.14M
$ 8.14 million
+0.53%
32 Pangolin PNG $ 0.0281
$ 6.47M
$ 6.47 million
+0.03%
33 HTX HTX $ 0.0₅182
$ 3.43M
$ 3.43 million
+0.13%
34 IDEX IDEX $ 0.00237
$ 2.37M
$ 2.37 million
+0.90%

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

35 LEO LEO $ 10.29
$ 9.47B
$ 9.47 billion
+0.29%
36 BitMart Token BMX $ 0.321
$ 104.59M
$ 104.59 million
-0.04%
37 Huobi Token HT $ 0.176
$ 87.85M
$ 87.85 million
+1.09%
38 LCX LCX $ 0.0901
$ 85.53M
$ 85.53 million
-7.92%
39 THORSwap THOR $ 0.0640
$ 31.99M
$ 31.99 million
+0.08%
40 THORChain Yield TCY $ 0.142
$ 29.91M
$ 29.91 million
+7.13%
41 VVS Finance VVS $ 0.0₅129
$ 20.86M
$ 20.86 million
+0.08%
42 Rujira RUJI $ 0.220
$ 16.35M
$ 16.35 million
+1.77%
43 WazirX WRX $ 0.0260
$ 10.89M
$ 10.89 million
-8.07%
44 Bitrue Coin BTR $ 0.0134
$ 10.71M
$ 10.71 million
-0.14%
45 ASD ASD $ 0.0131
$ 9.71M
$ 9.71 million
-5.43%
46 Minswap MIN $ 0.00516
$ 9.05M
$ 9.05 million
+1.88%
47 CoinEx Token CET $ 0.0292
$ 5.87M
$ 5.87 million
+1.15%
48 Camelot Token GRAIL $ 78.16
$ 1.97M
$ 1.97 million
+0.81%
49 THORChain (ERC20) RUNE $ 0.507
$ 1.75M
$ 1.75 million
+6.64%
50 Time TIME $ 2.18
$ 1.55M
$ 1.55 million
+0.93%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Raydium RAY $ 0.759
$ 204.02M
$ 204.02 million
+11.62%
Aerodrome AERO $ 0.467
$ 432.55M
$ 432.55 million
+10.51%
Cetus CETUS $ 0.0315
$ 29.45M
$ 29.45 million
+8.72%
THORChain RUNE $ 0.508
$ 178.31M
$ 178.31 million
+6.60%
Jupiter JUP $ 0.181
$ 643.95M
$ 643.95 million
+6.07%
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