Exchange Tokens

147 coins #18

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 $ 579.39
$ 78.09B
$ 78.09 billion
-0.28%
2 Hyperliquid HYPE $ 67.83
$ 20.27B
$ 20.27 billion
+0.54%
3 Cronos CRO $ 0.0559
$ 2.58B
$ 2.58 billion
-1.23%
4 Uniswap UNI $ 3.67
$ 2.28B
$ 2.28 billion
-2.06%
5 OKB OKB $ 80.52
$ 1.69B
$ 1.69 billion
-0.33%
6 Bitget Token BGB $ 1.69
$ 1.18B
$ 1.18 billion
+1.94%
7 KuCoin Token KCS $ 7.04
$ 964.82M
$ 964.82 million
-0.43%
8 GateToken GT $ 6.69
$ 735.77M
$ 735.77 million
-0.10%
9 Jupiter JUP $ 0.203
$ 673.34M
$ 673.34 million
-3.33%
10 Aerodrome AERO $ 0.518
$ 499.40M
$ 499.40 million
-3.53%
11 PancakeSwap CAKE $ 1.42
$ 458.09M
$ 458.09 million
-1.78%
12 Sun SUN $ 0.0186
$ 356.85M
$ 356.85 million
+0.47%
13 Curve DAO Token CRV $ 0.206
$ 316.85M
$ 316.85 million
-2.88%
14 Raydium RAY $ 0.684
$ 184.28M
$ 184.28 million
-2.15%
15 MX Token MX $ 1.66
$ 152.18M
$ 152.18 million
+0.36%
16 THORChain RUNE $ 0.405
$ 136.87M
$ 136.87 million
-1.55%
17 FTX Token FTT $ 0.221
$ 72.76M
$ 72.76 million
-1.69%
18 KUB Coin KUB $ 0.717
$ 63.86M
$ 63.86 million
-1.99%
19 SUSHI SUSHI $ 0.163
$ 47.81M
$ 47.81 million
-3.60%
20 Gemini dollar GUSD $ 1.00
$ 29.89M
$ 29.89 million
-0.05%
21 Osmosis OSMO $ 0.0348
$ 27.12M
$ 27.12 million
-3.46%
22 Velodrome Finance VELO $ 0.0214
$ 26.59M
$ 26.59 million
-3.23%
23 LCX LCX $ 0.0232
$ 21.36M
$ 21.36 million
+1.99%
24 Cetus CETUS $ 0.0182
$ 17.38M
$ 17.38 million
-1.10%
25 VVS Finance VVS $ 0.0₆968
$ 15.57M
$ 15.57 million
-3.19%
26 Loopring LRC $ 0.0108
$ 14.82M
$ 14.82 million
-1.60%
27 Quickswap[New] QUICK $ 0.00772
$ 14.53M
$ 14.53 million
-0.18%
28 DODO DODO $ 0.0163
$ 12.67M
$ 12.67 million
+1.23%
29 Maverick Protocol MAV $ 0.00959
$ 8.23M
$ 8.23 million
-0.20%
30 THENA THE $ 0.0535
$ 7.53M
$ 7.53 million
-4.74%
31 Balancer BAL $ 0.0944
$ 6.54M
$ 6.54 million
-0.66%
32 JOE JOE $ 0.0280
$ 6.13M
$ 6.13 million
-3.86%
33 Pangolin PNG $ 0.0211
$ 4.96M
$ 4.96 million
-2.35%
34 Bluefin BLUE $ 0.00905
$ 4.80M
$ 4.80 million
-1.18%
35 HTX HTX $ 0.0₅185
$ 3.88M
$ 3.88 million
+0.43%
36 SAROS SAROS $ 0.000440
$ 1.15M
$ 1.15 million
+0.72%

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

37 LEO LEO $ 9.55
$ 8.78B
$ 8.78 billion
+0.11%
38 BTSE Token BTSE $ 0.975
$ 158.04M
$ 158.04 million
-2.12%
39 BitMart Token BMX $ 0.320
$ 104.43M
$ 104.43 million
+2.78%
40 THORChain Yield TCY $ 0.0973
$ 20.44M
$ 20.44 million
+0.51%
41 Huobi Token HT $ 0.0385
$ 19.24M
$ 19.24 million
+6.19%
42 Rujira RUJI $ 0.202
$ 15.03M
$ 15.03 million
+0.05%
43 Time TIME $ 11.48
$ 8.15M
$ 8.15 million
+30.09%
44 Bitrue Coin BTR $ 0.00946
$ 7.58M
$ 7.58 million
-0.87%
45 WazirX WRX $ 0.0179
$ 7.51M
$ 7.51 million
-7.58%
46 Minswap MIN $ 0.00303
$ 5.24M
$ 5.24 million
-2.84%
47 CoinEx Token CET $ 0.0129
$ 2.59M
$ 2.59 million
-0.03%
48 THORChain (ERC20) RUNE $ 0.405
$ 1.40M
$ 1.40 million
-1.34%
49 IDEX IDEX $ 0.00120
$ 1.20M
$ 1.20 million
+1.48%
50 LATOKEN LA $ 0.00252
$ 1.01M
$ 1.01 million
+0.00%
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Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
LCX LCX $ 0.0232
$ 21.36M
$ 21.36 million
+1.99%
Bitget Token BGB $ 1.69
$ 1.18B
$ 1.18 billion
+1.94%
DODO DODO $ 0.0163
$ 12.67M
$ 12.67 million
+1.23%
SAROS SAROS $ 0.000440
$ 1.15M
$ 1.15 million
+0.72%
Hyperliquid HYPE $ 67.83
$ 20.27B
$ 20.27 billion
+0.54%
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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