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 $ 626.40
$ 84.42B
$ 84.42 billion
-0.80%
2 Hyperliquid HYPE $ 42.47
$ 12.68B
$ 12.68 billion
+2.84%
3 Cronos CRO $ 0.0702
$ 3.06B
$ 3.06 billion
+0.16%
4 Uniswap UNI $ 3.24
$ 2.06B
$ 2.06 billion
-1.49%
5 OKB OKB $ 83.73
$ 1.76B
$ 1.76 billion
-0.75%
6 Bitget Token BGB $ 1.98
$ 1.39B
$ 1.39 billion
+0.23%
7 KuCoin Token KCS $ 8.42
$ 1.13B
$ 1.13 billion
-0.41%
8 GateToken GT $ 7.33
$ 843.57M
$ 843.57 million
-0.72%
9 Jupiter JUP $ 0.186
$ 658.66M
$ 658.66 million
+3.71%
10 PancakeSwap CAKE $ 1.51
$ 494.37M
$ 494.37 million
-0.34%
11 Aerodrome AERO $ 0.455
$ 421.41M
$ 421.41 million
+2.09%
12 Sun SUN $ 0.0183
$ 351.08M
$ 351.08 million
-1.40%
13 Curve DAO Token CRV $ 0.225
$ 330.85M
$ 330.85 million
-1.21%
14 Raydium RAY $ 0.715
$ 192.23M
$ 192.23 million
-5.76%
15 THORChain RUNE $ 0.511
$ 179.33M
$ 179.33 million
+5.44%
16 MX Token MX $ 1.76
$ 161.98M
$ 161.98 million
-0.09%
17 FTX Token FTT $ 0.293
$ 96.22M
$ 96.22 million
+0.74%
18 KUB Coin KUB $ 0.895
$ 79.63M
$ 79.63 million
-0.74%
19 SUSHI SUSHI $ 0.215
$ 62.08M
$ 62.08 million
-4.65%
20 Gemini dollar GUSD $ 1.00
$ 35.69M
$ 35.69 million
-0.03%
21 Cetus CETUS $ 0.0289
$ 27.05M
$ 27.05 million
+4.90%
22 Osmosis OSMO $ 0.0315
$ 24.30M
$ 24.30 million
-4.43%
23 Loopring LRC $ 0.0169
$ 23.06M
$ 23.06 million
-1.67%
24 Quickswap[New] QUICK $ 0.0113
$ 20.92M
$ 20.92 million
+0.23%
25 Velodrome Finance VELO $ 0.0163
$ 18.76M
$ 18.76 million
-1.42%
26 DODO DODO $ 0.0195
$ 15.25M
$ 15.25 million
-2.22%
27 THENA THE $ 0.101
$ 13.02M
$ 13.02 million
-2.45%
28 Maverick Protocol MAV $ 0.0157
$ 12.60M
$ 12.60 million
-3.49%
29 Balancer BAL $ 0.149
$ 10.16M
$ 10.16 million
-6.17%
30 JOE JOE $ 0.0461
$ 10.08M
$ 10.08 million
-2.34%
31 Bluefin BLUE $ 0.0169
$ 8.04M
$ 8.04 million
-0.74%
32 Pangolin PNG $ 0.0283
$ 6.53M
$ 6.53 million
+2.02%
33 HTX HTX $ 0.0₅181
$ 3.42M
$ 3.42 million
-0.36%
34 IDEX IDEX $ 0.00236
$ 2.36M
$ 2.36 million
+1.04%

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

35 LEO LEO $ 10.37
$ 9.55B
$ 9.55 billion
+0.85%
36 BTSE Token BTSE $ 1.11
$ 179.81M
$ 179.81 million
-2.27%
37 BitMart Token BMX $ 0.321
$ 104.80M
$ 104.80 million
-0.91%
38 Huobi Token HT $ 0.169
$ 84.70M
$ 84.70 million
-1.67%
39 LCX LCX $ 0.0803
$ 76.20M
$ 76.20 million
+13.58%
40 THORSwap THOR $ 0.0621
$ 31.04M
$ 31.04 million
+0.49%
41 THORChain Yield TCY $ 0.140
$ 29.50M
$ 29.50 million
+1.98%
42 VVS Finance VVS $ 0.0₅130
$ 20.99M
$ 20.99 million
+0.89%
43 Rujira RUJI $ 0.221
$ 16.43M
$ 16.43 million
+2.44%
44 WazirX WRX $ 0.0258
$ 10.83M
$ 10.83 million
-0.62%
45 Bitrue Coin BTR $ 0.0132
$ 10.59M
$ 10.59 million
-1.33%
46 ASD ASD $ 0.0131
$ 9.75M
$ 9.75 million
-1.20%
47 Minswap MIN $ 0.00511
$ 8.95M
$ 8.95 million
-1.37%
48 CoinEx Token CET $ 0.0290
$ 5.83M
$ 5.83 million
+0.08%
49 Camelot Token GRAIL $ 75.94
$ 1.91M
$ 1.91 million
-2.93%
50 Time TIME $ 2.63
$ 1.87M
$ 1.87 million
+25.10%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
THORChain RUNE $ 0.511
$ 179.33M
$ 179.33 million
+5.44%
Cetus CETUS $ 0.0289
$ 27.05M
$ 27.05 million
+4.90%
Jupiter JUP $ 0.186
$ 658.66M
$ 658.66 million
+3.71%
Hyperliquid HYPE $ 42.47
$ 12.68B
$ 12.68 billion
+2.84%
Aerodrome AERO $ 0.455
$ 421.41M
$ 421.41 million
+2.09%
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