Exchange Tokens

147 coins #25

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

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# Coins Live Price Market cap 24h
1 BNB BNB $ 572.26
$ 76.21B
$ 76.21 billion
-0.32%
2 Hyperliquid HYPE $ 57.63
$ 17.22B
$ 17.22 billion
-2.95%
3 Cronos CRO $ 0.0566
$ 2.67B
$ 2.67 billion
-0.53%
4 Uniswap UNI $ 3.85
$ 2.41B
$ 2.41 billion
-1.64%
5 OKB OKB $ 85.53
$ 1.80B
$ 1.80 billion
+1.01%
6 Bitget Token BGB $ 1.68
$ 1.18B
$ 1.18 billion
+0.44%
7 KuCoin Token KCS $ 6.65
$ 912.55M
$ 912.55 million
+0.96%
8 GateToken GT $ 6.66
$ 733.46M
$ 733.46 million
-0.49%
9 Jupiter JUP $ 0.186
$ 618.07M
$ 618.07 million
-1.25%
10 PancakeSwap CAKE $ 1.40
$ 450.73M
$ 450.73 million
-0.72%
11 Aerodrome AERO $ 0.450
$ 437.20M
$ 437.20 million
+8.12%
12 Sun SUN $ 0.0180
$ 346.32M
$ 346.32 million
-1.51%
13 Curve DAO Token CRV $ 0.205
$ 316.35M
$ 316.35 million
+0.34%
14 Raydium RAY $ 0.622
$ 167.58M
$ 167.58 million
-1.72%
15 MX Token MX $ 1.65
$ 151.72M
$ 151.72 million
-0.03%
16 THORChain RUNE $ 0.427
$ 144.45M
$ 144.45 million
-1.21%
17 FTX Token FTT $ 0.206
$ 67.65M
$ 67.65 million
+0.50%
18 KUB Coin KUB $ 0.652
$ 58.06M
$ 58.06 million
-1.64%
19 SUSHI SUSHI $ 0.159
$ 46.48M
$ 46.48 million
-3.84%
20 Gemini dollar GUSD $ 1.00
$ 29.64M
$ 29.64 million
-0.01%
21 Velodrome Finance VELO $ 0.0183
$ 23.06M
$ 23.06 million
+6.88%
22 Osmosis OSMO $ 0.0281
$ 21.98M
$ 21.98 million
-5.20%
23 BitMart Token BMX $ 0.0633
$ 20.66M
$ 20.66 million
+1.07%
24 Cetus CETUS $ 0.0178
$ 16.98M
$ 16.98 million
-2.45%
25 Loopring LRC $ 0.0111
$ 15.23M
$ 15.23 million
-2.95%
26 Quickswap[New] QUICK $ 0.00776
$ 14.66M
$ 14.66 million
-0.76%
27 DODO DODO $ 0.0177
$ 13.72M
$ 13.72 million
-0.16%
28 Maverick Protocol MAV $ 0.00851
$ 8.91M
$ 8.91 million
-3.96%
29 Balancer BAL $ 0.124
$ 8.57M
$ 8.57 million
-0.36%
30 THENA THE $ 0.0527
$ 7.45M
$ 7.45 million
-4.14%
31 JOE JOE $ 0.0267
$ 5.85M
$ 5.85 million
-5.03%
32 Minswap MIN $ 0.00290
$ 5.00M
$ 5.00 million
-1.98%
33 Pangolin PNG $ 0.0206
$ 4.86M
$ 4.86 million
-2.89%
34 Bluefin BLUE $ 0.00863
$ 4.76M
$ 4.76 million
-1.57%
35 HTX HTX $ 0.0₅180
$ 3.77M
$ 3.77 million
-1.47%
36 SAROS SAROS $ 0.000304
$ 941,804
$ 941,804
-6.52%

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

37 LEO LEO $ 9.75
$ 8.97B
$ 8.97 billion
+0.20%
38 Huobi Token HT $ 0.0829
$ 41.47M
$ 41.47 million
-0.47%
39 THORChain Yield TCY $ 0.122
$ 25.53M
$ 25.53 million
-3.40%
40 THORSwap THOR $ 0.0414
$ 20.69M
$ 20.69 million
-1.33%
41 LCX LCX $ 0.0205
$ 18.79M
$ 18.79 million
-73.74%
42 VVS Finance VVS $ 0.0₆980
$ 15.78M
$ 15.78 million
-0.38%
43 Rujira RUJI $ 0.187
$ 13.92M
$ 13.92 million
+6.45%
44 MCDex MCB $ 1.78
$ 8.56M
$ 8.56 million
+0.02%
45 Bitrue Coin BTR $ 0.00965
$ 7.74M
$ 7.74 million
-2.32%
46 WazirX WRX $ 0.0164
$ 6.87M
$ 6.87 million
-3.02%
47 Time TIME $ 7.38
$ 5.24M
$ 5.24 million
+74.47%
48 CoinEx Token CET $ 0.0119
$ 2.39M
$ 2.39 million
+2.22%
49 THORChain (ERC20) RUNE $ 0.426
$ 1.48M
$ 1.48 million
-1.30%
50 IDEX IDEX $ 0.00123
$ 1.23M
$ 1.23 million
-0.40%
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Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
Aerodrome AERO $ 0.450
$ 437.20M
$ 437.20 million
+8.12%
Velodrome Finance VELO $ 0.0183
$ 23.06M
$ 23.06 million
+6.88%
BitMart Token BMX $ 0.0633
$ 20.66M
$ 20.66 million
+1.07%
OKB OKB $ 85.53
$ 1.80B
$ 1.80 billion
+1.01%
KuCoin Token KCS $ 6.65
$ 912.55M
$ 912.55 million
+0.96%
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.

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