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 $ 570.72
$ 76.03B
$ 76.03 billion
+0.51%
2 Hyperliquid HYPE $ 60.73
$ 18.15B
$ 18.15 billion
+2.23%
3 Cronos CRO $ 0.0599
$ 2.83B
$ 2.83 billion
-2.21%
4 Uniswap UNI $ 3.55
$ 2.22B
$ 2.22 billion
-0.11%
5 OKB OKB $ 81.10
$ 1.70B
$ 1.70 billion
-0.11%
6 Bitget Token BGB $ 1.65
$ 1.15B
$ 1.15 billion
+0.71%
7 KuCoin Token KCS $ 6.67
$ 915.66M
$ 915.66 million
+0.95%
8 GateToken GT $ 6.76
$ 743.90M
$ 743.90 million
+1.15%
9 Jupiter JUP $ 0.196
$ 650.03M
$ 650.03 million
-1.01%
10 PancakeSwap CAKE $ 1.41
$ 454.07M
$ 454.07 million
+0.26%
11 Aerodrome AERO $ 0.458
$ 444.03M
$ 444.03 million
-4.10%
12 Sun SUN $ 0.0183
$ 352.43M
$ 352.43 million
+0.74%
13 Curve DAO Token CRV $ 0.213
$ 327.91M
$ 327.91 million
-0.61%
14 Raydium RAY $ 0.676
$ 182.28M
$ 182.28 million
+0.09%
15 MX Token MX $ 1.66
$ 152.78M
$ 152.78 million
+0.16%
16 THORChain RUNE $ 0.438
$ 148.31M
$ 148.31 million
+2.24%
17 FTX Token FTT $ 0.206
$ 67.72M
$ 67.72 million
+0.09%
18 KUB Coin KUB $ 0.713
$ 63.47M
$ 63.47 million
+1.31%
19 SUSHI SUSHI $ 0.164
$ 48.07M
$ 48.07 million
+2.04%
20 Gemini dollar GUSD $ 1.00
$ 29.64M
$ 29.64 million
+0.05%
21 Osmosis OSMO $ 0.0332
$ 25.93M
$ 25.93 million
+1.36%
22 Velodrome Finance VELO $ 0.0189
$ 23.63M
$ 23.63 million
-3.37%
23 Loopring LRC $ 0.0130
$ 17.81M
$ 17.81 million
-17.89%
24 Cetus CETUS $ 0.0183
$ 17.51M
$ 17.51 million
-0.16%
25 DODO DODO $ 0.0210
$ 16.30M
$ 16.30 million
-10.07%
26 Quickswap[New] QUICK $ 0.00770
$ 14.55M
$ 14.55 million
-1.38%
27 Maverick Protocol MAV $ 0.00898
$ 7.73M
$ 7.73 million
+0.20%
28 THENA THE $ 0.0536
$ 7.57M
$ 7.57 million
-3.41%
29 Balancer BAL $ 0.107
$ 7.41M
$ 7.41 million
+3.59%
30 JOE JOE $ 0.0272
$ 5.95M
$ 5.95 million
+0.17%
31 Pangolin PNG $ 0.0210
$ 4.95M
$ 4.95 million
-0.07%
32 Bluefin BLUE $ 0.00884
$ 4.79M
$ 4.79 million
-0.55%
33 HTX HTX $ 0.0₅183
$ 3.83M
$ 3.83 million
+0.76%
34 IDEX IDEX $ 0.00116
$ 1.16M
$ 1.16 million
+3.59%
35 SAROS SAROS $ 0.000425
$ 1.14M
$ 1.14 million
+3.41%

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

36 LEO LEO $ 9.82
$ 9.04B
$ 9.04 billion
+0.03%
37 BTSE Token BTSE $ 0.931
$ 150.90M
$ 150.90 million
-0.42%
38 BitMart Token BMX $ 0.315
$ 102.66M
$ 102.66 million
+1.32%
39 LCX LCX $ 0.0576
$ 52.92M
$ 52.92 million
+142.73%
40 THORChain Yield TCY $ 0.110
$ 22.96M
$ 22.96 million
-9.32%
41 THORSwap THOR $ 0.0375
$ 18.75M
$ 18.75 million
+1.40%
42 Huobi Token HT $ 0.0362
$ 18.11M
$ 18.11 million
-5.05%
43 VVS Finance VVS $ 0.0₅104
$ 16.74M
$ 16.74 million
-2.33%
44 Rujira RUJI $ 0.186
$ 13.86M
$ 13.86 million
+0.51%
45 Bitrue Coin BTR $ 0.00980
$ 7.85M
$ 7.85 million
+0.36%
46 WazirX WRX $ 0.0164
$ 6.87M
$ 6.87 million
-6.98%
47 Time TIME $ 8.65
$ 6.14M
$ 6.14 million
+0.28%
48 Minswap MIN $ 0.00306
$ 5.29M
$ 5.29 million
+1.35%
49 CoinEx Token CET $ 0.0130
$ 2.61M
$ 2.61 million
+0.30%
50 THORChain (ERC20) RUNE $ 0.438
$ 1.51M
$ 1.51 million
+2.14%
Download

Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
IDEX IDEX $ 0.00116
$ 1.16M
$ 1.16 million
+3.59%
Balancer BAL $ 0.107
$ 7.41M
$ 7.41 million
+3.59%
SAROS SAROS $ 0.000425
$ 1.14M
$ 1.14 million
+3.41%
THORChain RUNE $ 0.438
$ 148.31M
$ 148.31 million
+2.24%
Hyperliquid HYPE $ 60.73
$ 18.15B
$ 18.15 billion
+2.23%
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