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 $ 595.89
$ 81.25B
$ 81.25 billion
-0.11%
2 Hyperliquid HYPE $ 41.64
$ 12.46B
$ 12.46 billion
+0.68%
3 Cronos CRO $ 0.0684
$ 2.90B
$ 2.90 billion
-0.84%
4 Uniswap UNI $ 3.04
$ 1.92B
$ 1.92 billion
-1.27%
5 OKB OKB $ 82.90
$ 1.74B
$ 1.74 billion
-1.18%
6 Bitget Token BGB $ 1.89
$ 1.33B
$ 1.33 billion
-2.02%
7 KuCoin Token KCS $ 8.34
$ 1.12B
$ 1.12 billion
-0.89%
8 GateToken GT $ 6.59
$ 758.30M
$ 758.30 million
-1.28%
9 Jupiter JUP $ 0.162
$ 574.12M
$ 574.12 million
-0.15%
10 PancakeSwap CAKE $ 1.48
$ 486.72M
$ 486.72 million
+0.47%
11 Sun SUN $ 0.0182
$ 349.19M
$ 349.19 million
+0.10%
12 Aerodrome AERO $ 0.361
$ 332.49M
$ 332.49 million
-2.38%
13 Curve DAO Token CRV $ 0.210
$ 309.22M
$ 309.22 million
-1.20%
14 Raydium RAY $ 0.625
$ 167.99M
$ 167.99 million
-2.54%
15 MX Token MX $ 1.77
$ 162.53M
$ 162.53 million
-0.19%
16 THORChain RUNE $ 0.387
$ 135.66M
$ 135.66 million
-1.30%
17 FTX Token FTT $ 0.286
$ 93.87M
$ 93.87 million
-1.83%
18 KUB Coin KUB $ 0.839
$ 74.70M
$ 74.70 million
-0.65%
19 SUSHI SUSHI $ 0.191
$ 55.22M
$ 55.22 million
+0.54%
20 Gemini dollar GUSD $ 1.00
$ 35.69M
$ 35.69 million
+0.07%
21 Osmosis OSMO $ 0.0302
$ 23.20M
$ 23.20 million
-1.98%
22 Loopring LRC $ 0.0160
$ 21.76M
$ 21.76 million
-2.30%
23 Quickswap[New] QUICK $ 0.00993
$ 18.46M
$ 18.46 million
-1.17%
24 Cetus CETUS $ 0.0192
$ 17.71M
$ 17.71 million
-2.49%
25 Velodrome Finance VELO $ 0.0150
$ 17.13M
$ 17.13 million
-4.07%
26 THENA THE $ 0.0957
$ 12.31M
$ 12.31 million
-1.78%
27 DODO DODO $ 0.0149
$ 11.56M
$ 11.56 million
-1.53%
28 Maverick Protocol MAV $ 0.0140
$ 11.28M
$ 11.28 million
-3.36%
29 Balancer BAL $ 0.151
$ 10.27M
$ 10.27 million
-7.20%
30 JOE JOE $ 0.0442
$ 9.67M
$ 9.67 million
-1.13%
31 Bluefin BLUE $ 0.0163
$ 7.28M
$ 7.28 million
-1.34%
32 Pangolin PNG $ 0.0277
$ 6.38M
$ 6.38 million
-2.89%
33 HTX HTX $ 0.0₅178
$ 3.35M
$ 3.35 million
+0.83%
34 IDEX IDEX $ 0.00224
$ 2.24M
$ 2.24 million
-6.96%

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

35 LEO LEO $ 10.13
$ 9.33B
$ 9.33 billion
+0.01%
36 BTSE Token BTSE $ 1.14
$ 184.15M
$ 184.15 million
-3.81%
37 BitMart Token BMX $ 0.324
$ 105.98M
$ 105.98 million
-0.88%
38 Huobi Token HT $ 0.174
$ 86.95M
$ 86.95 million
-0.01%
39 LCX LCX $ 0.0791
$ 75.13M
$ 75.13 million
-9.29%
40 THORSwap THOR $ 0.0514
$ 25.74M
$ 25.74 million
-8.13%
41 THORChain Yield TCY $ 0.107
$ 22.48M
$ 22.48 million
-3.61%
42 VVS Finance VVS $ 0.0₅128
$ 20.53M
$ 20.53 million
-1.14%
43 Bitrue Coin BTR $ 0.0156
$ 12.47M
$ 12.47 million
-1.25%
44 Rujira RUJI $ 0.167
$ 12.44M
$ 12.44 million
-1.80%
45 ASD ASD $ 0.0157
$ 11.67M
$ 11.67 million
+0.45%
46 WazirX WRX $ 0.0250
$ 10.46M
$ 10.46 million
-2.80%
47 Minswap MIN $ 0.00495
$ 8.68M
$ 8.68 million
-3.04%
48 CoinEx Token CET $ 0.0295
$ 5.94M
$ 5.94 million
-0.54%
49 Camelot Token GRAIL $ 65.00
$ 1.62M
$ 1.62 million
-3.04%
50 LATOKEN LA $ 0.00386
$ 1.54M
$ 1.54 million
-2.03%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
HTX HTX $ 0.0₅178
$ 3.35M
$ 3.35 million
+0.83%
Hyperliquid HYPE $ 41.64
$ 12.46B
$ 12.46 billion
+0.68%
SUSHI SUSHI $ 0.191
$ 55.22M
$ 55.22 million
+0.54%
PancakeSwap CAKE $ 1.48
$ 486.72M
$ 486.72 million
+0.47%
Sun SUN $ 0.0182
$ 349.19M
$ 349.19 million
+0.10%
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