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 $ 632.00
$ 85.19B
$ 85.19 billion
-0.07%
2 Hyperliquid HYPE $ 44.21
$ 13.22B
$ 13.22 billion
+1.54%
3 Cronos CRO $ 0.0703
$ 3.06B
$ 3.06 billion
-1.19%
4 Uniswap UNI $ 3.35
$ 2.13B
$ 2.13 billion
-2.85%
5 OKB OKB $ 84.16
$ 1.77B
$ 1.77 billion
-2.48%
6 Bitget Token BGB $ 1.88
$ 1.31B
$ 1.31 billion
-1.08%
7 KuCoin Token KCS $ 8.55
$ 1.15B
$ 1.15 billion
-0.73%
8 GateToken GT $ 7.22
$ 830.95M
$ 830.95 million
-1.09%
9 Jupiter JUP $ 0.181
$ 640.96M
$ 640.96 million
-2.20%
10 PancakeSwap CAKE $ 1.54
$ 503.98M
$ 503.98 million
-5.15%
11 Aerodrome AERO $ 0.423
$ 389.71M
$ 389.71 million
+0.48%
12 Sun SUN $ 0.0185
$ 356.43M
$ 356.43 million
+0.08%
13 Curve DAO Token CRV $ 0.230
$ 338.00M
$ 338.00 million
-1.86%
14 Raydium RAY $ 0.664
$ 178.34M
$ 178.34 million
-4.11%
15 MX Token MX $ 1.78
$ 163.60M
$ 163.60 million
+0.35%
16 THORChain RUNE $ 0.422
$ 148.12M
$ 148.12 million
+0.13%
17 FTX Token FTT $ 0.302
$ 99.42M
$ 99.42 million
-2.23%
18 KUB Coin KUB $ 0.867
$ 77.18M
$ 77.18 million
+2.42%
19 SUSHI SUSHI $ 0.214
$ 61.86M
$ 61.86 million
-0.92%
20 Gemini dollar GUSD $ 1.00
$ 35.70M
$ 35.70 million
+0.02%
21 Osmosis OSMO $ 0.0331
$ 25.50M
$ 25.50 million
-0.72%
22 Loopring LRC $ 0.0180
$ 24.67M
$ 24.67 million
-5.64%
23 Quickswap[New] QUICK $ 0.0117
$ 21.74M
$ 21.74 million
+1.13%
24 Cetus CETUS $ 0.0226
$ 21.18M
$ 21.18 million
+4.22%
25 VVS Finance VVS $ 0.0₅130
$ 21.00M
$ 21.00 million
-1.47%
26 Velodrome Finance VELO $ 0.0166
$ 19.04M
$ 19.04 million
+0.11%
27 THENA THE $ 0.120
$ 15.41M
$ 15.41 million
+10.85%
28 DODO DODO $ 0.0188
$ 14.67M
$ 14.67 million
+5.47%
29 Maverick Protocol MAV $ 0.0165
$ 13.21M
$ 13.21 million
-4.16%
30 Balancer BAL $ 0.156
$ 10.65M
$ 10.65 million
+0.39%
31 JOE JOE $ 0.0460
$ 10.08M
$ 10.08 million
-1.08%
32 Bluefin BLUE $ 0.0177
$ 8.38M
$ 8.38 million
+1.56%
33 Pangolin PNG $ 0.0289
$ 6.66M
$ 6.66 million
+4.84%
34 HTX HTX $ 0.0₅179
$ 3.37M
$ 3.37 million
+0.30%
35 IDEX IDEX $ 0.00250
$ 2.50M
$ 2.50 million
+6.37%
36 Time TIME $ 2.81
$ 2.00M
$ 2.00 million
-10.89%

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

37 LEO LEO $ 10.01
$ 9.21B
$ 9.21 billion
-1.50%
38 BTSE Token BTSE $ 1.11
$ 180.67M
$ 180.67 million
+2.13%
39 BitMart Token BMX $ 0.323
$ 105.37M
$ 105.37 million
-0.67%
40 LCX LCX $ 0.109
$ 103.56M
$ 103.56 million
+0.39%
41 Huobi Token HT $ 0.172
$ 86.15M
$ 86.15 million
-0.51%
42 THORSwap THOR $ 0.0585
$ 29.26M
$ 29.26 million
+6.15%
43 THORChain Yield TCY $ 0.113
$ 23.71M
$ 23.71 million
-2.09%
44 WazirX WRX $ 0.0342
$ 14.35M
$ 14.35 million
+19.26%
45 Rujira RUJI $ 0.178
$ 13.24M
$ 13.24 million
+1.45%
46 Bitrue Coin BTR $ 0.0137
$ 11.00M
$ 11.00 million
-2.14%
47 ASD ASD $ 0.0146
$ 10.87M
$ 10.87 million
-5.55%
48 Minswap MIN $ 0.00514
$ 9.01M
$ 9.01 million
-2.64%
49 MCDex MCB $ 1.66
$ 7.96M
$ 7.96 million
+0.16%
50 CoinEx Token CET $ 0.0300
$ 6.03M
$ 6.03 million
+0.37%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
THENA THE $ 0.120
$ 15.41M
$ 15.41 million
+10.85%
IDEX IDEX $ 0.00250
$ 2.50M
$ 2.50 million
+6.37%
DODO DODO $ 0.0188
$ 14.67M
$ 14.67 million
+5.47%
Pangolin PNG $ 0.0289
$ 6.66M
$ 6.66 million
+4.84%
Cetus CETUS $ 0.0226
$ 21.18M
$ 21.18 million
+4.22%
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