Exchange Tokens

147 coins #18

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

Download
# Coins Live Price Market cap 24h
1 BNB BNB $ 595.53
$ 79.32B
$ 79.32 billion
-0.31%
2 Hyperliquid HYPE $ 56.92
$ 17.00B
$ 17.00 billion
+3.70%
3 Uniswap UNI $ 4.10
$ 2.56B
$ 2.56 billion
+6.52%
4 Cronos CRO $ 0.0540
$ 2.56B
$ 2.56 billion
-0.38%
5 OKB OKB $ 85.99
$ 1.81B
$ 1.81 billion
-1.12%
6 Bitget Token BGB $ 1.63
$ 1.14B
$ 1.14 billion
+0.69%
7 KuCoin Token KCS $ 6.61
$ 906.68M
$ 906.68 million
+1.46%
8 GateToken GT $ 6.50
$ 717.01M
$ 717.01 million
+0.96%
9 Jupiter JUP $ 0.189
$ 629.11M
$ 629.11 million
+0.90%
10 PancakeSwap CAKE $ 1.41
$ 454.47M
$ 454.47 million
-0.66%
11 Aerodrome AERO $ 0.424
$ 410.34M
$ 410.34 million
+2.75%
12 Sun SUN $ 0.0180
$ 345.64M
$ 345.64 million
+0.10%
13 Curve DAO Token CRV $ 0.206
$ 318.09M
$ 318.09 million
+0.76%
14 Raydium RAY $ 0.619
$ 166.55M
$ 166.55 million
+0.76%
15 THORChain RUNE $ 0.445
$ 150.48M
$ 150.48 million
+0.74%
16 MX Token MX $ 1.60
$ 147.06M
$ 147.06 million
+0.55%
17 FTX Token FTT $ 0.202
$ 66.49M
$ 66.49 million
+1.97%
18 KUB Coin KUB $ 0.613
$ 54.56M
$ 54.56 million
-0.45%
19 SUSHI SUSHI $ 0.154
$ 45.14M
$ 45.14 million
-1.40%
20 Gemini dollar GUSD $ 1.00
$ 30.37M
$ 30.37 million
+0.08%
21 Osmosis OSMO $ 0.0283
$ 22.22M
$ 22.22 million
+1.16%
22 Velodrome Finance VELO $ 0.0173
$ 21.90M
$ 21.90 million
+2.79%
23 DODO DODO $ 0.0272
$ 21.07M
$ 21.07 million
+44.97%
24 Cetus CETUS $ 0.0178
$ 16.98M
$ 16.98 million
+0.40%
25 Quickswap[New] QUICK $ 0.00798
$ 15.07M
$ 15.07 million
+0.97%
26 Loopring LRC $ 0.0103
$ 14.15M
$ 14.15 million
+0.05%
27 Maverick Protocol MAV $ 0.00807
$ 8.45M
$ 8.45 million
+2.37%
28 Balancer BAL $ 0.114
$ 7.91M
$ 7.91 million
+5.18%
29 THENA THE $ 0.0527
$ 7.51M
$ 7.51 million
+1.23%
30 JOE JOE $ 0.0247
$ 5.41M
$ 5.41 million
+2.61%
31 Minswap MIN $ 0.00314
$ 5.40M
$ 5.40 million
-1.58%
32 Pangolin PNG $ 0.0205
$ 4.85M
$ 4.85 million
+0.37%
33 Bluefin BLUE $ 0.00822
$ 4.57M
$ 4.57 million
+4.48%
34 LCX LCX $ 0.0164
$ 4.28M
$ 4.28 million
-79.99%
35 HTX HTX $ 0.0₅180
$ 3.77M
$ 3.77 million
+0.45%
36 SAROS SAROS $ 0.000298
$ 930,380
$ 930,380
-0.21%

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

37 LEO LEO $ 9.75
$ 8.97B
$ 8.97 billion
-0.10%
38 BTSE Token BTSE $ 0.813
$ 131.70M
$ 131.70 million
-2.97%
39 Huobi Token HT $ 0.0882
$ 44.12M
$ 44.12 million
+0.81%
40 THORChain Yield TCY $ 0.139
$ 29.27M
$ 29.27 million
-1.23%
41 THORSwap THOR $ 0.0430
$ 21.49M
$ 21.49 million
-1.48%
42 BitMart Token BMX $ 0.0513
$ 16.75M
$ 16.75 million
+1.02%
43 VVS Finance VVS $ 0.0₆932
$ 15.01M
$ 15.01 million
-0.69%
44 Rujira RUJI $ 0.185
$ 13.79M
$ 13.79 million
-0.36%
45 Bitrue Coin BTR $ 0.00967
$ 7.75M
$ 7.75 million
+0.71%
46 WazirX WRX $ 0.0159
$ 6.68M
$ 6.68 million
+0.89%
47 Time TIME $ 6.21
$ 4.41M
$ 4.41 million
+2.35%
48 CoinEx Token CET $ 0.0109
$ 2.19M
$ 2.19 million
+0.56%
49 THORChain (ERC20) RUNE $ 0.444
$ 1.54M
$ 1.54 million
+0.47%
50 IDEX IDEX $ 0.00104
$ 1.04M
$ 1.04 million
+1.99%
Download

Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
DODO DODO $ 0.0272
$ 21.07M
$ 21.07 million
+44.97%
Uniswap UNI $ 4.10
$ 2.56B
$ 2.56 billion
+6.52%
Balancer BAL $ 0.114
$ 7.91M
$ 7.91 million
+5.18%
Bluefin BLUE $ 0.00822
$ 4.57M
$ 4.57 million
+4.48%
Hyperliquid HYPE $ 56.92
$ 17.00B
$ 17.00 billion
+3.70%
All Gainers

Market Cap

$ -- --%
Pro Chart

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