Exchange Tokens

146 coins #17

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

Download
# Coins Live Price Market cap 24h
1 BNB BNB $ 597.75
$ 80.57B
$ 80.57 billion
-0.97%
2 Hyperliquid HYPE $ 62.44
$ 18.66B
$ 18.66 billion
+2.97%
3 LEO LEO $ 9.40
$ 8.65B
$ 8.65 billion
-2.70%
4 Cronos CRO $ 0.0611
$ 2.74B
$ 2.74 billion
-1.44%
5 Uniswap UNI $ 2.48
$ 1.55B
$ 1.55 billion
-3.48%
6 OKB OKB $ 71.99
$ 1.51B
$ 1.51 billion
-1.33%
7 Bitget Token BGB $ 1.82
$ 1.28B
$ 1.28 billion
-1.23%
8 KuCoin Token KCS $ 6.41
$ 862.62M
$ 862.62 million
-2.45%
9 GateToken GT $ 6.39
$ 719.55M
$ 719.55 million
-0.86%
10 Jupiter JUP $ 0.156
$ 517.72M
$ 517.72 million
-0.25%
11 PancakeSwap CAKE $ 1.30
$ 422.96M
$ 422.96 million
+2.87%
12 Sun SUN $ 0.0174
$ 335.36M
$ 335.36 million
-1.22%
13 Aerodrome AERO $ 0.338
$ 320.24M
$ 320.24 million
+0.47%
14 Curve DAO Token CRV $ 0.197
$ 290.88M
$ 290.88 million
+0.02%
15 MX Token MX $ 1.74
$ 159.76M
$ 159.76 million
-0.07%
16 Raydium RAY $ 0.583
$ 156.93M
$ 156.93 million
-0.36%
17 THORChain RUNE $ 0.347
$ 121.54M
$ 121.54 million
+1.65%
18 FTX Token FTT $ 0.307
$ 100.74M
$ 100.74 million
+29.81%
19 KUB Coin KUB $ 0.773
$ 68.83M
$ 68.83 million
+0.81%
20 SUSHI SUSHI $ 0.164
$ 47.45M
$ 47.45 million
-3.63%
21 Gemini dollar GUSD $ 0.999
$ 37.66M
$ 37.66 million
-0.02%
22 Osmosis OSMO $ 0.0418
$ 32.45M
$ 32.45 million
-17.84%
23 Loopring LRC $ 0.0131
$ 17.97M
$ 17.97 million
-1.10%
24 Cetus CETUS $ 0.0181
$ 17.12M
$ 17.12 million
-3.22%
25 Velodrome Finance VELO $ 0.0136
$ 16.40M
$ 16.40 million
+4.92%
26 Quickswap[New] QUICK $ 0.00716
$ 13.30M
$ 13.30 million
-14.16%
27 DODO DODO $ 0.0165
$ 12.81M
$ 12.81 million
+10.11%
28 THENA THE $ 0.0678
$ 8.76M
$ 8.76 million
-1.77%
29 Maverick Protocol MAV $ 0.0107
$ 8.57M
$ 8.57 million
-1.82%
30 Balancer BAL $ 0.107
$ 7.32M
$ 7.32 million
-2.00%
31 JOE JOE $ 0.0307
$ 6.72M
$ 6.72 million
-0.90%
32 Bluefin BLUE $ 0.0115
$ 5.76M
$ 5.76 million
+1.21%
33 Pangolin PNG $ 0.0225
$ 5.26M
$ 5.26 million
+0.56%
34 HTX HTX $ 0.0₅174
$ 3.29M
$ 3.29 million
-1.24%
35 IDEX IDEX $ 0.00167
$ 1.67M
$ 1.67 million
+20.32%

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

36 BTSE Token BTSE $ 1.10
$ 178.30M
$ 178.30 million
+6.95%
37 BitMart Token BMX $ 0.300
$ 97.81M
$ 97.81 million
-0.02%
38 LCX LCX $ 0.0791
$ 75.12M
$ 75.12 million
+10.87%
39 Huobi Token HT $ 0.107
$ 53.49M
$ 53.49 million
-3.56%
40 THORSwap THOR $ 0.0374
$ 18.70M
$ 18.70 million
-3.37%
41 VVS Finance VVS $ 0.0₅108
$ 17.34M
$ 17.34 million
-0.95%
42 Rujira RUJI $ 0.231
$ 17.24M
$ 17.24 million
-1.99%
43 THORChain Yield TCY $ 0.0801
$ 16.83M
$ 16.83 million
-0.26%
44 MCDex MCB $ 2.15
$ 10.35M
$ 10.35 million
+54.57%
45 Bitrue Coin BTR $ 0.0123
$ 9.86M
$ 9.86 million
-1.07%
46 WazirX WRX $ 0.0201
$ 8.43M
$ 8.43 million
-3.64%
47 Minswap MIN $ 0.00321
$ 5.57M
$ 5.57 million
+3.15%
48 ASD ASD $ 0.00674
$ 5.01M
$ 5.01 million
-2.32%
49 CoinEx Token CET $ 0.0181
$ 3.64M
$ 3.64 million
+6.02%
50 LATOKEN LA $ 0.00365
$ 1.46M
$ 1.46 million
+44.84%
Download

Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
FTX Token FTT $ 0.307
$ 100.74M
$ 100.74 million
+29.81%
IDEX IDEX $ 0.00167
$ 1.67M
$ 1.67 million
+20.32%
DODO DODO $ 0.0165
$ 12.81M
$ 12.81 million
+10.11%
Velodrome Finance VELO $ 0.0136
$ 16.40M
$ 16.40 million
+4.92%
Hyperliquid HYPE $ 62.44
$ 18.66B
$ 18.66 billion
+2.97%
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