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 $ 637.24
$ 85.88B
$ 85.88 billion
+0.02%
2 Hyperliquid HYPE $ 41.29
$ 12.34B
$ 12.34 billion
+0.61%
3 Cronos CRO $ 0.0694
$ 3.02B
$ 3.02 billion
-0.62%
4 Uniswap UNI $ 3.27
$ 2.08B
$ 2.08 billion
+0.01%
5 OKB OKB $ 83.89
$ 1.76B
$ 1.76 billion
+0.41%
6 Bitget Token BGB $ 1.98
$ 1.39B
$ 1.39 billion
+2.30%
7 KuCoin Token KCS $ 8.47
$ 1.14B
$ 1.14 billion
+0.61%
8 GateToken GT $ 7.39
$ 849.45M
$ 849.45 million
+0.15%
9 Jupiter JUP $ 0.174
$ 619.47M
$ 619.47 million
+2.53%
10 PancakeSwap CAKE $ 1.51
$ 493.80M
$ 493.80 million
+0.03%
11 Aerodrome AERO $ 0.426
$ 394.41M
$ 394.41 million
-3.00%
12 Sun SUN $ 0.0187
$ 359.95M
$ 359.95 million
-0.87%
13 Curve DAO Token CRV $ 0.227
$ 334.18M
$ 334.18 million
+2.80%
14 Raydium RAY $ 0.672
$ 180.52M
$ 180.52 million
+1.45%
15 THORChain RUNE $ 0.475
$ 166.70M
$ 166.70 million
-0.47%
16 MX Token MX $ 1.76
$ 162.06M
$ 162.06 million
+0.02%
17 FTX Token FTT $ 0.299
$ 98.37M
$ 98.37 million
+4.17%
18 KUB Coin KUB $ 0.885
$ 78.75M
$ 78.75 million
+0.78%
19 SUSHI SUSHI $ 0.227
$ 65.54M
$ 65.54 million
+2.24%
20 Gemini dollar GUSD $ 1.00
$ 35.73M
$ 35.73 million
+0.16%
21 Cetus CETUS $ 0.0274
$ 25.60M
$ 25.60 million
+4.42%
22 Osmosis OSMO $ 0.0331
$ 25.40M
$ 25.40 million
+2.50%
23 Loopring LRC $ 0.0173
$ 23.60M
$ 23.60 million
+0.11%
24 Quickswap[New] QUICK $ 0.0116
$ 21.52M
$ 21.52 million
+1.76%
25 VVS Finance VVS $ 0.0₅128
$ 20.56M
$ 20.56 million
-0.64%
26 Velodrome Finance VELO $ 0.0166
$ 19.16M
$ 19.16 million
+2.38%
27 DODO DODO $ 0.0208
$ 16.16M
$ 16.16 million
+6.30%
28 THENA THE $ 0.104
$ 13.35M
$ 13.35 million
+0.13%
29 Maverick Protocol MAV $ 0.0165
$ 13.30M
$ 13.30 million
+3.80%
30 JOE JOE $ 0.0483
$ 10.57M
$ 10.57 million
-3.76%
31 Balancer BAL $ 0.145
$ 9.90M
$ 9.90 million
-3.44%
32 Bluefin BLUE $ 0.0173
$ 8.14M
$ 8.14 million
-2.28%
33 Pangolin PNG $ 0.0286
$ 6.60M
$ 6.60 million
-2.79%
34 HTX HTX $ 0.0₅183
$ 3.45M
$ 3.45 million
-0.34%
35 IDEX IDEX $ 0.00241
$ 2.41M
$ 2.41 million
+1.77%

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

36 LEO LEO $ 10.23
$ 9.42B
$ 9.42 billion
-0.62%
37 BitMart Token BMX $ 0.324
$ 105.75M
$ 105.75 million
+0.76%
38 LCX LCX $ 0.107
$ 101.79M
$ 101.79 million
+1.58%
39 Huobi Token HT $ 0.174
$ 86.95M
$ 86.95 million
+1.99%
40 THORSwap THOR $ 0.0631
$ 31.57M
$ 31.57 million
-1.31%
41 THORChain Yield TCY $ 0.135
$ 28.39M
$ 28.39 million
-1.53%
42 Rujira RUJI $ 0.214
$ 15.96M
$ 15.96 million
+1.47%
43 WazirX WRX $ 0.0301
$ 12.61M
$ 12.61 million
+0.27%
44 Bitrue Coin BTR $ 0.0134
$ 10.77M
$ 10.77 million
-2.61%
45 ASD ASD $ 0.0138
$ 10.27M
$ 10.27 million
+0.14%
46 Minswap MIN $ 0.00518
$ 9.08M
$ 9.08 million
+1.02%
47 CoinEx Token CET $ 0.0285
$ 5.73M
$ 5.73 million
+0.93%
48 Camelot Token GRAIL $ 74.23
$ 1.87M
$ 1.87 million
-2.79%
49 THORChain (ERC20) RUNE $ 0.474
$ 1.64M
$ 1.64 million
-0.48%
50 Time TIME $ 2.29
$ 1.63M
$ 1.63 million
-4.18%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
DODO DODO $ 0.0208
$ 16.16M
$ 16.16 million
+6.30%
Cetus CETUS $ 0.0274
$ 25.60M
$ 25.60 million
+4.42%
FTX Token FTT $ 0.299
$ 98.37M
$ 98.37 million
+4.17%
Maverick Protocol MAV $ 0.0165
$ 13.30M
$ 13.30 million
+3.80%
Curve DAO Token CRV $ 0.227
$ 334.18M
$ 334.18 million
+2.80%
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