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 $ 630.83
$ 85.01B
$ 85.01 billion
+1.67%
2 Hyperliquid HYPE $ 40.50
$ 12.10B
$ 12.10 billion
-1.50%
3 LEO LEO $ 10.32
$ 9.50B
$ 9.50 billion
+1.56%
4 Cronos CRO $ 0.0703
$ 3.06B
$ 3.06 billion
+1.92%
5 Uniswap UNI $ 3.24
$ 2.07B
$ 2.07 billion
-0.37%
6 OKB OKB $ 83.56
$ 1.75B
$ 1.75 billion
+0.94%
7 Bitget Token BGB $ 1.90
$ 1.33B
$ 1.33 billion
+0.94%
8 KuCoin Token KCS $ 8.57
$ 1.15B
$ 1.15 billion
+1.44%
9 GateToken GT $ 7.32
$ 843.58M
$ 843.58 million
+2.70%
10 Jupiter JUP $ 0.170
$ 602.71M
$ 602.71 million
-0.33%
11 PancakeSwap CAKE $ 1.54
$ 503.45M
$ 503.45 million
+1.53%
12 Aerodrome AERO $ 0.384
$ 354.26M
$ 354.26 million
+2.58%
13 Sun SUN $ 0.0182
$ 350.05M
$ 350.05 million
+0.58%
14 Curve DAO Token CRV $ 0.233
$ 341.92M
$ 341.92 million
+3.70%
15 Raydium RAY $ 0.664
$ 178.50M
$ 178.50 million
+3.93%
16 MX Token MX $ 1.77
$ 162.90M
$ 162.90 million
+0.02%
17 THORChain RUNE $ 0.423
$ 148.64M
$ 148.64 million
+2.01%
18 FTX Token FTT $ 0.294
$ 96.57M
$ 96.57 million
+1.79%
19 KUB Coin KUB $ 0.867
$ 77.09M
$ 77.09 million
+1.42%
20 SUSHI SUSHI $ 0.218
$ 62.91M
$ 62.91 million
+5.21%
21 Gemini dollar GUSD $ 1.000
$ 35.68M
$ 35.68 million
-0.04%
22 Osmosis OSMO $ 0.0326
$ 25.17M
$ 25.17 million
+3.07%
23 Cetus CETUS $ 0.0258
$ 24.05M
$ 24.05 million
+21.07%
24 Loopring LRC $ 0.0171
$ 23.40M
$ 23.40 million
+0.14%
25 Quickswap[New] QUICK $ 0.0114
$ 21.21M
$ 21.21 million
+2.51%
26 Velodrome Finance VELO $ 0.0156
$ 17.84M
$ 17.84 million
+2.60%
27 DODO DODO $ 0.0174
$ 13.59M
$ 13.59 million
+0.73%
28 THENA THE $ 0.104
$ 13.37M
$ 13.37 million
+6.50%
29 Maverick Protocol MAV $ 0.0157
$ 12.59M
$ 12.59 million
+2.71%
30 Balancer BAL $ 0.153
$ 10.42M
$ 10.42 million
+2.46%
31 JOE JOE $ 0.0463
$ 10.14M
$ 10.14 million
-2.19%
32 Bluefin BLUE $ 0.0169
$ 8.00M
$ 8.00 million
+1.21%
33 Pangolin PNG $ 0.0303
$ 6.99M
$ 6.99 million
-2.23%
34 HTX HTX $ 0.0₅181
$ 3.42M
$ 3.42 million
+0.72%
35 IDEX IDEX $ 0.00234
$ 2.34M
$ 2.34 million
+0.09%

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

36 BTSE Token BTSE $ 1.26
$ 204.42M
$ 204.42 million
+5.02%
37 BitMart Token BMX $ 0.323
$ 105.53M
$ 105.53 million
+0.08%
38 LCX LCX $ 0.107
$ 101.86M
$ 101.86 million
+1.89%
39 Huobi Token HT $ 0.173
$ 86.67M
$ 86.67 million
+1.31%
40 THORSwap THOR $ 0.0548
$ 27.42M
$ 27.42 million
-5.32%
41 THORChain Yield TCY $ 0.116
$ 24.29M
$ 24.29 million
+7.47%
42 VVS Finance VVS $ 0.0₅130
$ 20.92M
$ 20.92 million
+1.74%
43 WazirX WRX $ 0.0326
$ 13.66M
$ 13.66 million
-2.86%
44 Rujira RUJI $ 0.172
$ 12.83M
$ 12.83 million
+0.26%
45 Bitrue Coin BTR $ 0.0144
$ 11.52M
$ 11.52 million
+0.76%
46 ASD ASD $ 0.0144
$ 10.72M
$ 10.72 million
-0.14%
47 Minswap MIN $ 0.00524
$ 9.19M
$ 9.19 million
+2.47%
48 CoinEx Token CET $ 0.0297
$ 5.97M
$ 5.97 million
-0.71%
49 Time TIME $ 2.56
$ 1.83M
$ 1.83 million
+5.30%
50 Camelot Token GRAIL $ 71.31
$ 1.78M
$ 1.78 million
-1.40%
Download

Trending Exchange Tokens

Top Gainers
Coins Price Market cap 24h
Cetus CETUS $ 0.0258
$ 24.05M
$ 24.05 million
+21.07%
THENA THE $ 0.104
$ 13.37M
$ 13.37 million
+6.50%
SUSHI SUSHI $ 0.218
$ 62.91M
$ 62.91 million
+5.21%
Raydium RAY $ 0.664
$ 178.50M
$ 178.50 million
+3.93%
Curve DAO Token CRV $ 0.233
$ 341.92M
$ 341.92 million
+3.70%
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