Exchange Tokens

146 coins #17

Exchange tokens offer reduced trading fees and other benefits on centralized exchanges. More

Download
# Coins Live Price Market cap 24h
1 BNB BNB $ 586.41
$ 79.05B
$ 79.05 billion
-2.48%
2 Hyperliquid HYPE $ 55.89
$ 16.70B
$ 16.70 billion
-9.33%
3 Cronos CRO $ 0.0593
$ 2.66B
$ 2.66 billion
-2.99%
4 Uniswap UNI $ 2.45
$ 1.53B
$ 1.53 billion
-2.51%
5 OKB OKB $ 70.44
$ 1.48B
$ 1.48 billion
-2.65%
6 Bitget Token BGB $ 1.77
$ 1.24B
$ 1.24 billion
-2.91%
7 KuCoin Token KCS $ 6.27
$ 844.88M
$ 844.88 million
-2.30%
8 GateToken GT $ 6.36
$ 715.91M
$ 715.91 million
-0.77%
9 Jupiter JUP $ 0.152
$ 505.33M
$ 505.33 million
-2.97%
10 PancakeSwap CAKE $ 1.30
$ 421.76M
$ 421.76 million
-1.83%
11 Sun SUN $ 0.0172
$ 331.35M
$ 331.35 million
-1.01%
12 Aerodrome AERO $ 0.329
$ 311.40M
$ 311.40 million
-3.66%
13 Curve DAO Token CRV $ 0.204
$ 301.40M
$ 301.40 million
+2.77%
14 MX Token MX $ 1.74
$ 159.82M
$ 159.82 million
+0.08%
15 Raydium RAY $ 0.570
$ 153.47M
$ 153.47 million
-3.03%
16 THORChain RUNE $ 0.389
$ 131.65M
$ 131.65 million
+9.70%
17 BitMart Token BMX $ 0.300
$ 97.84M
$ 97.84 million
+0.06%
18 FTX Token FTT $ 0.275
$ 90.67M
$ 90.67 million
-5.74%
19 KUB Coin KUB $ 0.758
$ 67.51M
$ 67.51 million
-1.68%
20 SUSHI SUSHI $ 0.166
$ 47.97M
$ 47.97 million
+0.49%
21 Gemini dollar GUSD $ 1.000
$ 37.68M
$ 37.68 million
+0.12%
22 Osmosis OSMO $ 0.0432
$ 33.52M
$ 33.52 million
+4.19%
23 Loopring LRC $ 0.0127
$ 17.42M
$ 17.42 million
-3.04%
24 Cetus CETUS $ 0.0177
$ 16.80M
$ 16.80 million
-2.44%
25 Velodrome Finance VELO $ 0.0137
$ 16.55M
$ 16.55 million
+1.39%
26 Quickswap[New] QUICK $ 0.00694
$ 12.89M
$ 12.89 million
-4.98%
27 DODO DODO $ 0.0158
$ 12.31M
$ 12.31 million
-3.21%
28 THENA THE $ 0.0652
$ 8.42M
$ 8.42 million
-3.62%
29 Maverick Protocol MAV $ 0.0104
$ 8.36M
$ 8.36 million
-2.45%
30 Balancer BAL $ 0.105
$ 7.16M
$ 7.16 million
-2.72%
31 JOE JOE $ 0.0298
$ 6.53M
$ 6.53 million
-2.98%
32 Bluefin BLUE $ 0.0116
$ 5.84M
$ 5.84 million
-0.84%
33 Pangolin PNG $ 0.0221
$ 5.16M
$ 5.16 million
-1.02%
34 HTX HTX $ 0.0₅172
$ 3.25M
$ 3.25 million
-1.02%

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

35 LEO LEO $ 9.50
$ 8.75B
$ 8.75 billion
+0.64%
36 BTSE Token BTSE $ 1.09
$ 177.20M
$ 177.20 million
-0.20%
37 LCX LCX $ 0.0734
$ 69.65M
$ 69.65 million
-7.12%
38 Huobi Token HT $ 0.102
$ 51.05M
$ 51.05 million
-4.75%
39 THORChain Yield TCY $ 0.0885
$ 18.59M
$ 18.59 million
+10.04%
40 THORSwap THOR $ 0.0368
$ 18.40M
$ 18.40 million
-1.92%
41 Rujira RUJI $ 0.237
$ 17.65M
$ 17.65 million
+1.65%
42 VVS Finance VVS $ 0.0₅105
$ 16.84M
$ 16.84 million
-2.34%
43 Bitrue Coin BTR $ 0.0122
$ 9.79M
$ 9.79 million
-0.94%
44 WazirX WRX $ 0.0200
$ 8.39M
$ 8.39 million
-1.67%
45 Minswap MIN $ 0.00319
$ 5.52M
$ 5.52 million
-0.43%
46 ASD ASD $ 0.00673
$ 5.00M
$ 5.00 million
+0.60%
47 CoinEx Token CET $ 0.0186
$ 3.74M
$ 3.74 million
+2.23%
48 Time TIME $ 3.34
$ 2.37M
$ 2.37 million
-28.01%
49 IDEX IDEX $ 0.00159
$ 1.59M
$ 1.59 million
+2.15%
50 LATOKEN LA $ 0.00365
$ 1.46M
$ 1.46 million
+0.00%
Download

Trending Exchange Tokens

Top Gainers
Coins Live Price Market cap 24h
THORChain RUNE $ 0.389
$ 131.65M
$ 131.65 million
+9.70%
Osmosis OSMO $ 0.0432
$ 33.52M
$ 33.52 million
+4.19%
Curve DAO Token CRV $ 0.204
$ 301.40M
$ 301.40 million
+2.77%
Velodrome Finance VELO $ 0.0137
$ 16.55M
$ 16.55 million
+1.39%
SUSHI SUSHI $ 0.166
$ 47.97M
$ 47.97 million
+0.49%
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