Exchange Tokens

139 coins #17

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

Download
# Coins Price Market cap 24h
1 BNB BNB $ 884.41
$ 120.59B
$ 120.59 billion
+1.25%
2 Hyperliquid HYPE $ 27.20
$ 8.20B
$ 8.20 billion
+22.70%
3 Cronos CRO $ 0.0907
$ 3.61B
$ 3.61 billion
+0.18%
4 Uniswap UNI $ 4.69
$ 2.98B
$ 2.98 billion
+1.83%
5 Bitget Token BGB $ 3.60
$ 2.52B
$ 2.52 billion
+0.36%
6 OKB OKB $ 104.10
$ 2.19B
$ 2.19 billion
+1.48%
7 KuCoin Token KCS $ 10.76
$ 1.42B
$ 1.42 billion
+0.70%
8 GateToken GT $ 9.85
$ 1.13B
$ 1.13 billion
+1.24%
9 PancakeSwap CAKE $ 1.89
$ 631.16M
$ 631.16 million
+0.44%
10 Jupiter JUP $ 0.192
$ 612.92M
$ 612.92 million
+1.11%
11 Curve DAO Token CRV $ 0.345
$ 506.81M
$ 506.81 million
-1.53%
12 Aerodrome AERO $ 0.449
$ 409.98M
$ 409.98 million
-0.47%
13 Sun SUN $ 0.0186
$ 356.74M
$ 356.74 million
-9.37%
14 Raydium RAY $ 0.977
$ 262.32M
$ 262.32 million
+0.96%
15 THORChain RUNE $ 0.565
$ 198.31M
$ 198.31 million
+0.53%
16 MX Token MX $ 1.96
$ 180.30M
$ 180.30 million
+0.77%
17 FTX Token FTT $ 0.409
$ 134.44M
$ 134.44 million
-1.40%
18 KUB Coin KUB $ 1.22
$ 108.43M
$ 108.43 million
-0.18%
19 SUSHI SUSHI $ 0.295
$ 86.34M
$ 86.34 million
+0.43%
20 Loopring LRC $ 0.0474
$ 64.83M
$ 64.83 million
+0.33%
21 Gemini dollar GUSD $ 1.00
$ 47.15M
$ 47.15 million
+0.02%
22 Osmosis OSMO $ 0.0512
$ 38.93M
$ 38.93 million
+1.39%
23 Balancer BAL $ 0.491
$ 33.37M
$ 33.37 million
+0.63%
24 THENA THE $ 0.247
$ 31.67M
$ 31.67 million
+1.44%
25 VVS Finance VVS $ 0.0₅182
$ 29.32M
$ 29.32 million
-0.30%
26 Cetus CETUS $ 0.0229
$ 20.54M
$ 20.54 million
-0.54%
27 Velodrome Finance VELO $ 0.0192
$ 20.33M
$ 20.33 million
-1.24%
28 Maverick Protocol MAV $ 0.0251
$ 18.01M
$ 18.01 million
+0.66%
29 DODO DODO $ 0.0178
$ 13.91M
$ 13.91 million
-18.53%
30 JOE JOE $ 0.0537
$ 11.76M
$ 11.76 million
-0.53%
31 Bluefin BLUE $ 0.0295
$ 11.64M
$ 11.64 million
-0.03%
32 IDEX IDEX $ 0.00915
$ 9.15M
$ 9.15 million
-1.12%
33 Quickswap[New] QUICK $ 0.0110
$ 8.15M
$ 8.15 million
-4.44%
34 Pangolin PNG $ 0.0333
$ 7.47M
$ 7.47 million
+0.28%
35 HTX HTX $ 0.0₅179
$ 3.37M
$ 3.37 million
+0.38%
36 Time TIME $ 3.62
$ 2.56M
$ 2.56 million
+2.65%

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

37 LEO LEO $ 9.21
$ 8.44B
$ 8.44 billion
+0.63%
38 Huobi Token HT $ 0.208
$ 103.80M
$ 103.80 million
+1.76%
39 BitMart Token BMX $ 0.369
$ 70.22M
$ 70.22 million
-5.06%
40 Liechtenstein Cryptoassets Exchange LCX $ 0.0520
$ 49.35M
$ 49.35 million
-2.56%
41 THORSwap THOR $ 0.0680
$ 34.01M
$ 34.01 million
+5.02%
42 THORChain Yield TCY $ 0.158
$ 33.18M
$ 33.18 million
+2.34%
43 Rujira RUJI $ 0.277
$ 20.66M
$ 20.66 million
-2.55%
44 WazirX WRX $ 0.0497
$ 20.61M
$ 20.61 million
-0.18%
45 Bitrue Coin BTR $ 0.0240
$ 19.24M
$ 19.24 million
+0.34%
46 Minswap MIN $ 0.00770
$ 13.50M
$ 13.50 million
-2.15%
47 ASD ASD $ 0.0157
$ 11.67M
$ 11.67 million
-13.59%
48 CoinEx Token CET $ 0.0289
$ 5.81M
$ 5.81 million
-1.07%
49 Camelot Token GRAIL $ 108.43
$ 2.64M
$ 2.64 million
+0.18%
50 LATOKEN LA $ 0.00580
$ 2.32M
$ 2.32 million
+0.52%
Download

Trending Exchange Tokens

Top gainers
Coins Price Market cap 24h
Hyperliquid HYPE $ 27.20
$ 8.20B
$ 8.20 billion
+22.70%
Time TIME $ 3.62
$ 2.56M
$ 2.56 million
+2.65%
Uniswap UNI $ 4.69
$ 2.98B
$ 2.98 billion
+1.83%
OKB OKB $ 104.10
$ 2.19B
$ 2.19 billion
+1.48%
THENA THE $ 0.247
$ 31.67M
$ 31.67 million
+1.44%
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