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 $ 627.26
$ 84.55B
$ 84.55 billion
+1.01%
2 Hyperliquid HYPE $ 43.78
$ 13.09B
$ 13.09 billion
-1.21%
3 Cronos CRO $ 0.0700
$ 2.96B
$ 2.96 billion
+1.25%
4 Uniswap UNI $ 3.37
$ 2.15B
$ 2.15 billion
+5.04%
5 OKB OKB $ 85.07
$ 1.79B
$ 1.79 billion
-0.57%
6 Bitget Token BGB $ 1.89
$ 1.32B
$ 1.32 billion
-0.42%
7 KuCoin Token KCS $ 8.57
$ 1.15B
$ 1.15 billion
+0.47%
8 GateToken GT $ 7.09
$ 816.82M
$ 816.82 million
+1.95%
9 Jupiter JUP $ 0.174
$ 618.03M
$ 618.03 million
+3.41%
10 PancakeSwap CAKE $ 1.59
$ 523.19M
$ 523.19 million
+0.17%
11 Sun SUN $ 0.0184
$ 354.56M
$ 354.56 million
+0.62%
12 Aerodrome AERO $ 0.381
$ 351.96M
$ 351.96 million
+1.82%
13 Curve DAO Token CRV $ 0.230
$ 337.16M
$ 337.16 million
+2.73%
14 Raydium RAY $ 0.682
$ 183.11M
$ 183.11 million
+4.10%
15 MX Token MX $ 1.77
$ 162.81M
$ 162.81 million
-0.10%
16 THORChain RUNE $ 0.410
$ 143.84M
$ 143.84 million
+0.90%
17 FTX Token FTT $ 0.305
$ 100.19M
$ 100.19 million
+4.22%
18 KUB Coin KUB $ 0.851
$ 75.79M
$ 75.79 million
+0.68%
19 SUSHI SUSHI $ 0.215
$ 62.07M
$ 62.07 million
+7.91%
20 Gemini dollar GUSD $ 1.00
$ 35.70M
$ 35.70 million
+0.04%
21 Osmosis OSMO $ 0.0321
$ 24.77M
$ 24.77 million
+3.42%
22 Loopring LRC $ 0.0165
$ 22.57M
$ 22.57 million
+0.85%
23 VVS Finance VVS $ 0.0₅131
$ 21.03M
$ 21.03 million
+2.10%
24 Quickswap[New] QUICK $ 0.0113
$ 20.98M
$ 20.98 million
+3.57%
25 Cetus CETUS $ 0.0215
$ 20.08M
$ 20.08 million
+7.52%
26 Velodrome Finance VELO $ 0.0156
$ 17.90M
$ 17.90 million
+4.61%
27 DODO DODO $ 0.0175
$ 13.67M
$ 13.67 million
+3.69%
28 THENA THE $ 0.103
$ 13.24M
$ 13.24 million
+2.01%
29 Maverick Protocol MAV $ 0.0160
$ 12.83M
$ 12.83 million
+4.51%
30 Balancer BAL $ 0.154
$ 10.47M
$ 10.47 million
-1.45%
31 JOE JOE $ 0.0457
$ 10.01M
$ 10.01 million
-2.67%
32 Bluefin BLUE $ 0.0175
$ 8.28M
$ 8.28 million
+4.04%
33 Pangolin PNG $ 0.0277
$ 6.37M
$ 6.37 million
+0.88%
34 HTX HTX $ 0.0₅178
$ 3.36M
$ 3.36 million
-0.67%
35 IDEX IDEX $ 0.00237
$ 2.36M
$ 2.36 million
-1.47%
36 Time TIME $ 3.28
$ 2.33M
$ 2.33 million
-33.77%

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

37 LEO LEO $ 10.16
$ 9.36B
$ 9.36 billion
+0.04%
38 BTSE Token BTSE $ 1.09
$ 176.15M
$ 176.15 million
-1.24%
39 BitMart Token BMX $ 0.330
$ 107.80M
$ 107.80 million
+1.43%
40 LCX LCX $ 0.107
$ 101.48M
$ 101.48 million
-5.23%
41 Huobi Token HT $ 0.171
$ 85.45M
$ 85.45 million
-1.50%
42 THORSwap THOR $ 0.0605
$ 30.26M
$ 30.26 million
+5.07%
43 THORChain Yield TCY $ 0.113
$ 23.74M
$ 23.74 million
+1.49%
44 Rujira RUJI $ 0.173
$ 12.85M
$ 12.85 million
+1.48%
45 ASD ASD $ 0.0154
$ 11.43M
$ 11.43 million
-1.79%
46 Bitrue Coin BTR $ 0.0142
$ 11.41M
$ 11.41 million
+0.49%
47 WazirX WRX $ 0.0257
$ 10.77M
$ 10.77 million
-3.57%
48 Minswap MIN $ 0.00521
$ 9.15M
$ 9.15 million
+3.55%
49 MCDex MCB $ 1.66
$ 7.95M
$ 7.95 million
-0.28%
50 CoinEx Token CET $ 0.0299
$ 6.02M
$ 6.02 million
+0.11%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
SUSHI SUSHI $ 0.215
$ 62.07M
$ 62.07 million
+7.91%
Cetus CETUS $ 0.0215
$ 20.08M
$ 20.08 million
+7.52%
Uniswap UNI $ 3.37
$ 2.15B
$ 2.15 billion
+5.04%
Velodrome Finance VELO $ 0.0156
$ 17.90M
$ 17.90 million
+4.61%
Maverick Protocol MAV $ 0.0160
$ 12.83M
$ 12.83 million
+4.51%
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