Coinranking
Exchange Tokens
140 coins #17 Page 2| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| The coins below are ranked lower due to missing data. Learn more | |||||
| | 51 |  Quidax Token QDX | $ | -2.80%  | |
| | 52 |  Camelot Token GRAIL | $ | +2.29%  | |
| | 53 |  ProBit Token PROB | $ | +7.89%  | |
| | 54 |  LATOKEN LA | $ | +3.51%  | |
| | 55 |  THORChain (ERC20) RUNE | $ | -1.21%  | |
| | 56 |  Verse VERSE | $ | -1.83%  | |
| | 57 |  EXMO Coin EXM | $ | -0.60%  | |
| | 58 |  Crypto.com MCO | $ | --%  | |
| | 59 |  Bibox Token BIX | $ | --%  | |
| | 60 |  BitKan KAN | $ | --%  | |
| | 61 |  NitroEx NTX | $ | --%  | |
| | 62 |  BTSE Token BTSE | $ | --%  | |
| | 63 |  Mandala Exchange Token MDX | $ | --%  | |
| | 64 |  DigiFinex Cash DFC | $ | --%  | |
| | 65 |  Yobit Token YO | $ | --%  | |
| | 66 |  Nash Exchange NEX | $ | --%  | |
| | 67 |  Bitpanda Ecosystem Token BEST | $ | --%  | |
| | 68 |  MCDex MCB | $ | --%  | |
| | 69 |  Thorstarter XRUNE | $ | --%  | |
| | 70 |  Phemex Token PT | $ | +1.77%  | |
| | 71 |  HitBTC Token HIT | $ | -0.82%  | |
| | 72 |  KYX KYX | $ | +24.21%  | |
| | 73 |  XT.com XT | $ | -0.62%  | |
| | 74 |  MaiCoin MAX | $ | -0.38%  | |
| | 75 |  STON.fi STON | $ | -6.92%  | |
| | 76 |  DEXZBITZ DXBE | $ | +0.39%  | |
| | 77 |  Nomoex Token NOMOX | $ | -7.26%  | |
| | 78 |  MonbaseCoin MBC | $ | -6.72%  | |
| | 79 |  THORWallet DEX TGT | $ | -1.39%  | |
| | 80 |  BigONE Token ONE | $ | +1.09%  | |
| | 81 |  CoinW Token CWT | $ | +2.43%  | |
| | 82 |  ChronoTech Token TIME | $ | -1.11%  | |
| | 83 |  Waves.Exchange Token WX | $ | -2.78%  | |
| | 84 |  Coinbase Wrapped LTC cbLTC | $ | -0.85%  | |
| | 85 |  CoinLion LION | $ | +0.21%  | |
| | 86 |  Bitrue Token BTR | $ | -1.06%  | |
| | 87 |  ICPSwap Token ICS | $ | -3.57%  | |
| | 88 |  Upheaval Token UPHL | $ | -19.65%  | |
| | 89 |  Astherus ASTHERUS | $ | +1.20%  | |
| | 90 |  Baseswap Token BSWAP | $ | -1.28%  | |
| | 91 |  BaseX BSX | $ | +20.53%  | |
| | 92 |  Catex CATT | $ | -99.93%  | |
| | 93 |  AlphaExchangeAI AEA | $ | -56.79%  | |
| | 94 |  Digital Financial Exchange DIFX | $ | --%  | |
| | 95 |  FistToken FIST | $ | --%  | |
| | 96 |  Local Traders LCT | $ | --%  | |
| | 97 |  Chia Warped DBX wDBX | $ | --%  | |
| | 98 |  NONKYC NKYC | $ | --%  | |
| | 99 |  Molten MOLTEN | $ | --%  | |
| | 100 |  BIX Token BIX | $ | --%  | |
Trending Exchange Tokens
| Coins | Price | 24h | |
|---|---|---|---|
| |  Hyperliquid HYPE | $ | +0.57%  |
| |  THORChain RUNE | $ | -1.31%  |
| |  Aerodrome AERO | $ | -2.21%  |
| |  Jupiter JUP | $ | +0.62%  |
| |  WhiteBIT Coin WBT | $ | -1.03%  |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| |  THENA THE | $ | +8.34%  | ||
| |  Liechtenstein Cryptoassets Exchange LCX | $ | +3.64%  | ||
| |  LEO LEO | $ | +2.97%  | ||
| |  DODO DODO | $ | +2.45%  | ||
| | Jupiter JUP | $ | +0.62% | ||
| 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
- Exchange mints token → sells or airdrops to early users.
- Traders opt-in to pay fees in the token → receive 10-25 % discount.
- Quarterly burn – platform uses part of profits to buy & burn tokens, reducing float.
- Staking tiers – lock X tokens for higher APY, lower futures fees, or launchpad allocation weight.
- 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.