Exchange Tokens

140 coins #17

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

Download
# Coins Price Market cap 24h
1 BNB BNB $ 627.58
$ 85.55B
$ 85.55 billion
+1.45%
2 Hyperliquid HYPE $ 30.95
$ 9.27B
$ 9.27 billion
+2.75%
3 Cronos CRO $ 0.0750
$ 3.08B
$ 3.08 billion
+0.76%
4 Uniswap UNI $ 3.79
$ 2.40B
$ 2.40 billion
+1.63%
5 OKB OKB $ 98.93
$ 2.08B
$ 2.08 billion
-0.15%
6 Bitget Token BGB $ 2.17
$ 1.52B
$ 1.52 billion
-0.41%
7 KuCoin Token KCS $ 8.04
$ 1.06B
$ 1.06 billion
+2.92%
8 GateToken GT $ 7.08
$ 816.33M
$ 816.33 million
+1.43%
9 Jupiter JUP $ 0.166
$ 579.96M
$ 579.96 million
+1.23%
10 PancakeSwap CAKE $ 1.35
$ 445.68M
$ 445.68 million
+2.81%
11 Curve DAO Token CRV $ 0.239
$ 349.54M
$ 349.54 million
+2.83%
12 Sun SUN $ 0.0164
$ 315.04M
$ 315.04 million
+2.70%
13 Aerodrome AERO $ 0.324
$ 298.46M
$ 298.46 million
+0.49%
14 MX Token MX $ 1.80
$ 164.96M
$ 164.96 million
-0.44%
15 Raydium RAY $ 0.582
$ 156.43M
$ 156.43 million
+1.87%
16 THORChain RUNE $ 0.420
$ 147.60M
$ 147.60 million
+0.90%
17 BitMart Token BMX $ 0.315
$ 102.77M
$ 102.77 million
+0.07%
18 FTX Token FTT $ 0.275
$ 90.48M
$ 90.48 million
+1.65%
19 SUSHI SUSHI $ 0.196
$ 57.37M
$ 57.37 million
+2.17%
20 Gemini dollar GUSD $ 1.000
$ 47.08M
$ 47.08 million
-0.02%
21 Loopring LRC $ 0.0309
$ 42.25M
$ 42.25 million
+0.62%
22 THENA THE $ 0.265
$ 32.94M
$ 32.94 million
+1.58%
23 Osmosis OSMO $ 0.0329
$ 25.16M
$ 25.16 million
+1.11%
24 VVS Finance VVS $ 0.0₅146
$ 23.42M
$ 23.42 million
+0.45%
25 Velodrome Finance VELO $ 0.0160
$ 17.59M
$ 17.59 million
-0.08%
26 Cetus CETUS $ 0.0161
$ 14.60M
$ 14.60 million
+4.01%
27 DODO DODO $ 0.0142
$ 11.08M
$ 11.08 million
+2.89%
28 Minswap MIN $ 0.00582
$ 10.16M
$ 10.16 million
-0.77%
29 Balancer BAL $ 0.148
$ 10.10M
$ 10.10 million
+3.42%
30 Maverick Protocol MAV $ 0.0138
$ 9.89M
$ 9.89 million
+4.28%
31 JOE JOE $ 0.0377
$ 8.25M
$ 8.25 million
+3.35%
32 Quickswap[New] QUICK $ 0.0104
$ 7.70M
$ 7.70 million
+6.76%
33 IDEX IDEX $ 0.00712
$ 7.12M
$ 7.12 million
+4.26%
34 Bluefin BLUE $ 0.0177
$ 7.00M
$ 7.00 million
+0.33%
35 Pangolin PNG $ 0.0253
$ 5.83M
$ 5.83 million
-3.16%
36 HTX HTX $ 0.0₅161
$ 3.04M
$ 3.04 million
+0.70%

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

37 LEO LEO $ 8.94
$ 8.24B
$ 8.24 billion
-1.07%
38 Huobi Token HT $ 0.185
$ 92.30M
$ 92.30 million
+2.96%
39 KUB Coin KUB $ 0.939
$ 83.60M
$ 83.60 million
-0.56%
40 LCX LCX $ 0.0447
$ 42.40M
$ 42.40 million
+1.20%
41 THORSwap THOR $ 0.0608
$ 30.39M
$ 30.39 million
+0.60%
42 THORChain Yield TCY $ 0.131
$ 27.60M
$ 27.60 million
+4.66%
43 Rujira RUJI $ 0.268
$ 19.93M
$ 19.93 million
-0.11%
44 Bitrue Coin BTR $ 0.0187
$ 15.00M
$ 15.00 million
+0.29%
45 ASD ASD $ 0.0154
$ 11.44M
$ 11.44 million
-4.17%
46 WazirX WRX $ 0.0262
$ 10.98M
$ 10.98 million
-1.98%
47 MCDex MCB $ 1.86
$ 8.92M
$ 8.92 million
+0.62%
48 CoinEx Token CET $ 0.0294
$ 5.92M
$ 5.92 million
-0.27%
49 LATOKEN LA $ 0.00529
$ 2.12M
$ 2.12 million
+22.45%
50 Time TIME $ 2.96
$ 2.10M
$ 2.10 million
-1.90%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Quickswap[New] QUICK $ 0.0104
$ 7.70M
$ 7.70 million
+6.76%
Maverick Protocol MAV $ 0.0138
$ 9.89M
$ 9.89 million
+4.28%
IDEX IDEX $ 0.00712
$ 7.12M
$ 7.12 million
+4.26%
Cetus CETUS $ 0.0161
$ 14.60M
$ 14.60 million
+4.01%
Balancer BAL $ 0.148
$ 10.10M
$ 10.10 million
+3.42%
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