Exchange Tokens

143 coins #17

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

Download
# Coins Price Market cap 24h
1 BNB BNB $ 645.38
$ 88.03B
$ 88.03 billion
+2.44%
2 Hyperliquid HYPE $ 40.43
$ 12.10B
$ 12.10 billion
+1.30%
3 Cronos CRO $ 0.0749
$ 3.17B
$ 3.17 billion
+0.70%
4 Uniswap UNI $ 3.70
$ 2.35B
$ 2.35 billion
+4.43%
5 OKB OKB $ 86.92
$ 1.83B
$ 1.83 billion
+1.24%
6 Bitget Token BGB $ 2.04
$ 1.42B
$ 1.42 billion
+0.07%
7 KuCoin Token KCS $ 8.20
$ 1.08B
$ 1.08 billion
+0.52%
8 GateToken GT $ 6.76
$ 778.83M
$ 778.83 million
+1.88%
9 Jupiter JUP $ 0.156
$ 544.14M
$ 544.14 million
+2.78%
10 PancakeSwap CAKE $ 1.44
$ 472.65M
$ 472.65 million
+2.49%
11 Sun SUN $ 0.0182
$ 349.02M
$ 349.02 million
-0.68%
12 Curve DAO Token CRV $ 0.234
$ 344.06M
$ 344.06 million
+6.59%
13 Aerodrome AERO $ 0.339
$ 313.75M
$ 313.75 million
+5.98%
14 MX Token MX $ 1.79
$ 164.75M
$ 164.75 million
+0.18%
15 Raydium RAY $ 0.611
$ 164.11M
$ 164.11 million
+1.73%
16 THORChain RUNE $ 0.424
$ 148.71M
$ 148.71 million
+2.17%
17 FTX Token FTT $ 0.314
$ 103.12M
$ 103.12 million
+1.80%
18 KUB Coin KUB $ 0.889
$ 79.17M
$ 79.17 million
-0.30%
19 SUSHI SUSHI $ 0.203
$ 59.32M
$ 59.32 million
+3.45%
20 Gemini dollar GUSD $ 1.00
$ 35.71M
$ 35.71 million
-0.02%
21 Loopring LRC $ 0.0244
$ 33.43M
$ 33.43 million
-0.85%
22 Osmosis OSMO $ 0.0322
$ 24.69M
$ 24.69 million
+1.26%
23 VVS Finance VVS $ 0.0₅143
$ 23.09M
$ 23.09 million
-0.38%
24 Cetus CETUS $ 0.0242
$ 22.29M
$ 22.29 million
+5.82%
25 Velodrome Finance VELO $ 0.0151
$ 16.90M
$ 16.90 million
+4.13%
26 THENA THE $ 0.128
$ 16.53M
$ 16.53 million
-1.75%
27 Rujira RUJI $ 0.221
$ 16.47M
$ 16.47 million
-3.92%
28 DODO DODO $ 0.0152
$ 11.86M
$ 11.86 million
+0.91%
29 Balancer BAL $ 0.155
$ 10.56M
$ 10.56 million
+1.15%
30 Maverick Protocol MAV $ 0.0138
$ 9.92M
$ 9.92 million
+1.94%
31 JOE JOE $ 0.0436
$ 9.54M
$ 9.54 million
+6.13%
32 Quickswap[New] QUICK $ 0.0103
$ 7.63M
$ 7.63 million
+3.87%
33 Bluefin BLUE $ 0.0176
$ 6.94M
$ 6.94 million
+1.37%
34 Pangolin PNG $ 0.0276
$ 6.35M
$ 6.35 million
-0.60%
35 IDEX IDEX $ 0.00387
$ 3.86M
$ 3.86 million
+3.16%
36 HTX HTX $ 0.0₅171
$ 3.23M
$ 3.23 million
+0.36%

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

37 LEO LEO $ 9.04
$ 8.33B
$ 8.33 billion
-4.60%
38 BitMart Token BMX $ 0.301
$ 98.21M
$ 98.21 million
-0.04%
39 Huobi Token HT $ 0.102
$ 51.00M
$ 51.00 million
+0.00%
40 LCX LCX $ 0.0415
$ 39.29M
$ 39.29 million
-1.96%
41 THORSwap THOR $ 0.0563
$ 28.16M
$ 28.16 million
+3.44%
42 THORChain Yield TCY $ 0.134
$ 28.16M
$ 28.16 million
+6.00%
43 Bitrue Coin BTR $ 0.0168
$ 13.49M
$ 13.49 million
-0.24%
44 ASD ASD $ 0.0158
$ 11.71M
$ 11.71 million
-2.23%
45 Minswap MIN $ 0.00571
$ 10.03M
$ 10.03 million
+3.56%
46 WazirX WRX $ 0.0221
$ 9.27M
$ 9.27 million
-1.29%
47 LATOKEN LA $ 0.0175
$ 6.99M
$ 6.99 million
+316.14%
48 CoinEx Token CET $ 0.0304
$ 6.12M
$ 6.12 million
+1.45%
49 Time TIME $ 2.83
$ 2.01M
$ 2.01 million
-0.50%
50 Camelot Token GRAIL $ 77.29
$ 1.88M
$ 1.88 million
-1.12%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Curve DAO Token CRV $ 0.234
$ 344.06M
$ 344.06 million
+6.59%
JOE JOE $ 0.0436
$ 9.54M
$ 9.54 million
+6.13%
Aerodrome AERO $ 0.339
$ 313.75M
$ 313.75 million
+5.98%
Cetus CETUS $ 0.0242
$ 22.29M
$ 22.29 million
+5.82%
Uniswap UNI $ 3.70
$ 2.35B
$ 2.35 billion
+4.43%
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