Exchange Tokens

139 coins #17 Page 2

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

# Coins Price Market cap 24h

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

51 Camelot Token GRAIL $ 75.73
$ 1.83M
$ 1.83 million
-0.54%
52 THORChain (ERC20) RUNE $ 0.417
$ 1.44M
$ 1.44 million
+0.10%
53 Verse VERSE $ 0.0000242
$ 1.10M
$ 1.10 million
-2.78%
54 Quidax Token QDX $ 0.0120
$ 924,770
$ 924,770
+2.04%
55 EXMO Coin EXM $ 0.00563
$ 382,830
$ 382,830
-2.12%
56 WhiteBIT Coin WBT $ 53.24
$ 4.62B
$ 4.62 billion
+1.00%
57 Phemex Token PT $ 0.469
$ 459.94M
$ 459.94 million
-2.31%
58 HitBTC Token HIT $ 0.205
$ 279.99M
$ 279.99 million
-0.82%
59 KYX KYX $ 0.194
$ 194.00M
$ 194.00 million
-6.73%
60 MaiCoin MAX $ 0.290
$ 82.59M
$ 82.59 million
-1.18%
61 XT.com XT $ 3.68
$ 74.68M
$ 74.68 million
-0.28%
62 STON.fi STON $ 0.458
$ 45.76M
$ 45.76 million
+5.97%
63 THORWallet DEX TGT $ 0.0197
$ 17.84M
$ 17.84 million
+0.14%
64 GECOIN GEC $ 0.147
$ 14.13M
$ 14.13 million
+0.00%
65 MonbaseCoin MBC $ 0.0605
$ 11.48M
$ 11.48 million
+1.85%
66 Nomoex Token NOMOX $ 0.00354
$ 8.85M
$ 8.85 million
+3.00%
67 BigONE Token ONE $ 0.000459
$ 5.32M
$ 5.32 million
+1.51%
68 CoinW Token CWT $ 0.127
$ 3.19M
$ 3.19 million
+0.63%
69 Coinbase Wrapped LTC cbLTC $ 54.49
$ 2.84M
$ 2.84 million
-0.80%
70 ChronoTech Token TIME $ 3.29
$ 2.33M
$ 2.33 million
-2.70%
71 Waves.Exchange Token WX $ 0.00186
$ 1.41M
$ 1.41 million
+9.47%
72 CoinLion LION $ 0.00439
$ 1.14M
$ 1.14 million
-0.07%
73 ICPSwap Token ICS $ 0.00281
$ 1.07M
$ 1.07 million
+1.81%
74 Upheaval Token UPHL $ 0.000500
$ 500,000
$ 500,000
-38.35%
75 Astherus ASTHERUS $ 0.000331
$ 331,067
$ 331,067
+19.94%
76 Baseswap Token BSWAP $ 0.00694
$ 69,425
$ 69,425
-1.36%
77 AlphaExchangeAI AEA $ 0.0000215
$ 21,473
$ 21,473
+2.86%
78 EGGP EGGP $ 0.00540
$ 15,652
$ 15,652
-1.10%
79 BitBlocks Finance BBKFI $ 0.000564
$ 4,147
$ 4,147
-1.01%
80 SokuSwap SOKU $ 0.0₅927
$ 4,120
$ 4,120
-0.99%
81 Crypto.com MCO $ --
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82 Bibox Token BIX $ --
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83 BitKan KAN $ --
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84 Kick Token KICK $ --
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85 NitroEx NTX $ --
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86 Catex CATT $ --
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87 BTSE Token BTSE $ --
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88 LocalCoinSwap Cryptoshare LCS $ --
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89 Mandala Exchange Token MDX $ --
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90 DigiFinex Cash DFC $ --
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91 FinexboxToken FNB $ --
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92 ABCC Token AT $ --
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93 Yobit Token YO $ --
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94 LBank LBK $ --
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95 Nash Exchange NEX $ --
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96 ViteX Coin VX $ --
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97 Bitpanda Ecosystem Token BEST $ --
$ --
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98 OceanEx Token OCE $ --
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99 VinDax Coin VD $ --
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100 ProBit Token PROB $ --
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Trending Exchange Tokens

Top gainers

Coins Price Market cap 24h
Hyperliquid HYPE $ 32.40
$ 9.76B
$ 9.76 billion
+4.63%
Loopring LRC $ 0.0401
$ 54.95M
$ 54.95 million
+2.99%
Pangolin PNG $ 0.0263
$ 6.06M
$ 6.06 million
+2.78%
LEO LEO $ 8.37
$ 7.71B
$ 7.71 billion
+1.76%
VVS Finance VVS $ 0.0₅156
$ 25.07M
$ 25.07 million
+1.33%
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.

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