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 $ 602.50
$ 80.23B
$ 80.23 billion
-0.26%
2 Hyperliquid HYPE $ 58.33
$ 17.43B
$ 17.43 billion
-3.39%
3 LEO LEO $ 9.24
$ 8.48B
$ 8.48 billion
-1.81%
4 Cronos CRO $ 0.0459
$ 2.22B
$ 2.22 billion
-0.89%
5 OKB OKB $ 101.55
$ 2.13B
$ 2.13 billion
+3.10%
6 Uniswap UNI $ 3.32
$ 2.07B
$ 2.07 billion
+1.81%
7 HTX HTX $ 0.0₅171
$ 1.54B
$ 1.54 billion
-3.43%
8 Bitget Token BGB $ 1.67
$ 1.17B
$ 1.17 billion
-0.14%
9 KuCoin Token KCS $ 6.57
$ 901.01M
$ 901.01 million
+0.52%
10 GateToken GT $ 6.72
$ 738.87M
$ 738.87 million
+0.26%
11 Jupiter JUP $ 0.168
$ 557.81M
$ 557.81 million
+0.36%
12 PancakeSwap CAKE $ 1.54
$ 493.13M
$ 493.13 million
+5.10%
13 Aerodrome AERO $ 0.403
$ 393.37M
$ 393.37 million
-0.80%
14 Curve DAO Token CRV $ 0.237
$ 366.51M
$ 366.51 million
-3.90%
15 Sun SUN $ 0.0171
$ 329.59M
$ 329.59 million
-3.27%
16 Raydium RAY $ 0.615
$ 165.83M
$ 165.83 million
-0.05%
17 MX Token MX $ 1.63
$ 149.56M
$ 149.56 million
-0.13%
18 THORChain RUNE $ 0.396
$ 133.79M
$ 133.79 million
-3.75%
19 FTX Token FTT $ 0.198
$ 65.03M
$ 65.03 million
+0.52%
20 KUB Coin KUB $ 0.544
$ 48.42M
$ 48.42 million
+1.46%
21 SUSHI SUSHI $ 0.160
$ 46.80M
$ 46.80 million
+0.23%
22 Gemini dollar GUSD $ 1.00
$ 30.63M
$ 30.63 million
-0.03%
23 Osmosis OSMO $ 0.0289
$ 22.69M
$ 22.69 million
-4.12%
24 Velodrome Finance VELO $ 0.0165
$ 21.17M
$ 21.17 million
-1.19%
25 Cetus CETUS $ 0.0210
$ 20.18M
$ 20.18 million
+0.80%
26 DODO DODO $ 0.0211
$ 16.40M
$ 16.40 million
-5.63%
27 Quickswap[New] QUICK $ 0.00784
$ 14.77M
$ 14.77 million
-0.50%
28 Loopring LRC $ 0.00761
$ 10.42M
$ 10.42 million
-4.55%
29 Maverick Protocol MAV $ 0.00926
$ 9.70M
$ 9.70 million
+2.69%
30 THENA THE $ 0.0601
$ 8.62M
$ 8.62 million
-0.54%
31 Balancer BAL $ 0.107
$ 7.40M
$ 7.40 million
+1.55%
32 JOE JOE $ 0.0269
$ 5.89M
$ 5.89 million
+0.67%
33 Minswap MIN $ 0.00297
$ 5.11M
$ 5.11 million
+0.21%
34 Pangolin PNG $ 0.0194
$ 4.57M
$ 4.57 million
+0.38%
35 Bluefin BLUE $ 0.00741
$ 4.09M
$ 4.09 million
+0.96%
36 SAROS SAROS $ 0.000280
$ 874,073
$ 874,073
+1.17%

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

37 BTSE Token BTSE $ 0.876
$ 141.91M
$ 141.91 million
-6.39%
38 Huobi Token HT $ 0.102
$ 50.84M
$ 50.84 million
-0.40%
39 THORChain Yield TCY $ 0.130
$ 27.33M
$ 27.33 million
-1.47%
40 THORSwap THOR $ 0.0409
$ 20.47M
$ 20.47 million
+0.81%
41 BitMart Token BMX $ 0.0522
$ 17.02M
$ 17.02 million
-15.08%
42 VVS Finance VVS $ 0.0₆783
$ 12.61M
$ 12.61 million
-1.64%
43 Rujira RUJI $ 0.164
$ 12.22M
$ 12.22 million
-3.42%
44 Bitrue Coin BTR $ 0.00927
$ 7.42M
$ 7.42 million
+0.11%
45 WazirX WRX $ 0.0134
$ 5.60M
$ 5.60 million
-2.48%
46 LCX LCX $ 0.0141
$ 3.61M
$ 3.61 million
-2.24%
47 CoinEx Token CET $ 0.0117
$ 2.35M
$ 2.35 million
+0.53%
48 THORChain (ERC20) RUNE $ 0.395
$ 1.37M
$ 1.37 million
-3.47%
49 Verse VERSE $ 0.0000177
$ 915,955
$ 915,955
+0.76%
50 LATOKEN LA $ 0.00212
$ 848,000
$ 848,000
+0.00%
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Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
PancakeSwap CAKE $ 1.54
$ 493.13M
$ 493.13 million
+5.10%
OKB OKB $ 101.55
$ 2.13B
$ 2.13 billion
+3.10%
Maverick Protocol MAV $ 0.00926
$ 9.70M
$ 9.70 million
+2.69%
Uniswap UNI $ 3.32
$ 2.07B
$ 2.07 billion
+1.81%
Balancer BAL $ 0.107
$ 7.40M
$ 7.40 million
+1.55%
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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