Exchange tokenss are launched by platforms Cryptocurrency exchanges (both centralized and decentralized) offer certain benefits to holders. Examples of such benefits include reduced commissions or cashback, participation in project management, access to additional functions. The more popular the platform becomes, the more demanded its token becomes, which is why many of these assets have shown impressive price growth in a short period of time. This makes them attractive to investors and traders.
Our editors have analyzed the top exchange tokens by price growth. Current information at the time you are reading this can be found on aggregator sites ( Coinmarketcap , Coingecko ), where there are special categories of exchange tokens. The more popular the exchange itself, the more active clients it has and the more sought-after the token will be.
Briefly about the main thing
- An exchange token is a token on a blockchain that is issued under the guidance of one or another cryptocurrency exchange (both centralized and decentralized).
- Cryptocurrency exchange tokens allow you to receive trading benefits, for example, save on fees or count on additional income.
- In other words, these tokens can be traded like regular assets, profiting from price fluctuations.
- Among the best exchange tokens are BNB , HIM , LEO , UN .
- Trade the best BNB exchange token: BNB/USDT
Exchange tokens table by capitalization:
| Symbol | Design | Link | Price 07/25/23 | Market capitalization on 7/25/23 |
|---|---|---|---|---|
| BNB | Binance | binance.com | 238,13 $ | 37 033 936 295 $ |
| HE | Uniswap | uniswap.org | 5,75 $ | 4 325 976 851 $ |
| LION | Bitfinex | bitfinex.com | 3,94 $ | 3 656 300 930 $ |
| AND | OKX | okx.com | 42,53 $ | 2 541 220 391 $ |
| CRO | Crypto.com | crypto.com/exchange/ | 0,058580 $ | 1 535 428 239 $ |
| SNX | Sintetix | synthetix.io | 2,75 $ | 881 690 961 $ |
| WBT | WhiteBit | whitebit.com | 5,55 $ | 800 496 061 $ |
| German Civil Code (BGB) | Bitget | bitget.com | 0,457868 $ | 640 280 948 $ |
| CRV | Curve | curve.fi | 0,727380 $ | 633 378 445 $ |
| GT | Gate.io | gate.io | 4,21 $ | 585 715 737 $ |
Cryptocurrency Exchange Tokens: Top Growing Market Tokens
Top Exchange Tokens
✅ How do we choose the best cryptocurrency exchange tokens?
In this Ranking, tokens are presented by their growth rate at a given point in time.
In general, experts evaluate several criteria, such as the quality and reputation of the project's native exchange, forecasts based on fundamental and technical characteristics, issuance, community support, and the functionality that the token offers to holders.
1. BAKE (trocar BakerySwap )
- Exchange type: decentralized
- Coin Market Cap: $323,525,799
- Growth: 11,080%
- Blockchain: Binance Smart Chain
- bakeryswap.org
O token BAKE foi lançado em 2025 e é um componente importante do ecossistema BakerySwap. Os traders podem ganhar ativos tornando-se fornecedores de liquidez em vários pools sob demanda, muito como votar em questões de governança de protocolo. O BAKE pode ser usado para receber uma parcela das taxas de negociação da corretora AMM.
2. Cakes (swap PancakeSwap )
- Exchange type: decentralized
- Coin Market Cap: $4,569,582,875
- Growth: 2,993%
- Blockchain: Binance Smart Chain
- pancakeswap.finance
The main function of the CAKE token is to incentivize users to provide liquidity to the protocol. Investors earn money through yield farming, investing their assets in liquidity pools, for which the system rewards them with CAKE coins. The token itself can also be used for investment, but with a clear risk. In addition, CAKE is used to participate in raffles on the platform.
3. WOO (WOO network exchange)
- Exchange type: centralized
- Coin Market Cap: $342,813,622
- Growth: 1771%
- Blockchain: Ethereum, Solana, HECO
- woo.network
WOO Network is an extensive network of CeFi and DeFi services. The WOO token allows traders to reduce commission fees to zero as well as receive a notable bonus for referral program efficiency. The asset also brings significant benefits to institutions with large trading volumes – it reduces fees and increases limits on API usage.
4. WRX ( exchange WazirX )
- Exchange type: centralized
- Coin Market Cap: $479,810,923
- Growth: 1507%
- Blockchain: Binance Chain, Polygon
- wazirx.com
WRX is a utility token that forms the basis of the WazirX ecosystem, India’s top cryptocurrency platform. The token was launched with the aim of involving the community in the development of the project and rewarding supporters for their useful contributions. It is worth noting that WazirX is partnering with Binance, and its token was promoted through this platform.
5. KCS ( exchange KuCoin )
- Exchange type: centralized
- Coin Market Cap: $833,969,246
- Growth: 1362%
- Blockchain: Ethereum
- kucoin.com
KCS stands for KuCoin Shares and is the native token of the KuCoin exchange launched in 2017. It allows holders to trade more profitably on the platform and also plays a role in the profit distribution mechanism. When a decentralized trading solution is in place, KCS will become the main financial services asset and governance token.
6. ASD (exchange AscendEx)
- Exchange type: centralized
- Coin Market Cap: $296,013,231
- Growth: 1,084%
- Blockchain: Ethereum
- ascendex.com
ASD is a utility token from cryptocurrency exchange AscendEx (formerly known as BitMax ). This is a Singapore-based platform that offers a wide range of options, including copy trading, futures, and margin trading. The main benefit that an ASD holder receives is reduced operating costs. Additionally, the tokens can be used for priority access to new project events.
7 LAYERS (UniLayer exchange)
- Exchange type: decentralized
- Coin Market Cap: $16,520,519
- Growth: 1020%
- Blockchain: Ethereum
- unilayer.com
UniLayer is a decentralized exchange built on Uniswap . Provides essential trading automation tools and a new token economy. The system monitors the state of the network in terms of liquidity and exchange rates and then displays the channels in real time on the screen. The LAYER token is involved in important functions such as staking and liquidity provision.
8 MEXC ( exchange global MEXC )
- Exchange type: centralized
- Coin Market Cap: $108,098,554
- Growth: 994%
- Blockchain: Ethereum
- mexc.com
The token belongs to the cryptocurrency exchange MEXC Global (formerly MXC). This is an all-in-one service for managing digital assets, offering spot trading, margin trading, leveraged ETFs, and futures trading. The platform is licensed in several countries around the world. MX holders have the opportunity to upgrade their VIP level and reduce commission fees.
9. GT ( exchange Gate.io )
- Exchange type: centralized
- Coin Market Cap: $603,816,138
- Growth: 920%
- Blockchain: Ethereum
- gate.io
GT is the native token of the exchange, as well as the Gatechain network. In the initial period, GT was distributed among users as a gift, the initial issuance was 1 billion. But taking into account the subsequent burn, the final issuance will be 0.3 billion. GT can be used to increase VIP status, reduce transaction fees, and participate in events.
10. IDEX (exchange IDEX)
- Exchange type: decentralized
- Coin Market Cap: $220,489,950
- Growth for 2021: 918%
- Blockchain: Ethereum
- idex.io
IDEX Exchange is a platform that provides high-speed cryptocurrency trading and investment opportunities. It combines centralized and decentralized components, equipped with a second-layer solution for scaling. IDEX facilitates staking and provides a high level of control over funds for clients.
11 BNB ( exchange Binance )
- Exchange type: centralized
- Coin Market Cap: $54,368,971,181
- Growth for 2021: 879%
- Blockchain: Binance Chain, Binance Smart Chain, Ethereum
- binance.com
O token BNB It was originally launched on the Ethereum blockchain and used to pay fees on the Binance exchange. It has now become a widely used utility token with dozens of different uses and has also migrated to the Binance blockchain itself. This also works in the opposite direction – BNB helps to expand the Binance ecosystem.
12 SRM (exchange de soro DEX)
Soro DEX
- Exchange type: decentralized
- Coin Market Cap: $1,067,062,894
- Growth for 2021: 656%
- Blockchain: Ethereum, Solana
- projectserum.com
Serum is a project run by a centralized company, but the order book is decentralized. It is governed by smart contracts that match buyers and sellers. This provides price flexibility and complete control over trades. The SRM utility token allows you to receive up to a 50% discount on trading fees and participate in the platform’s governance mechanism.
13. DODO ( exchange DODO )
- Exchange type: decentralized
- Coin Market Cap: $194,696,612
- Growth for 2021: 634%
- Blockchain: Ethereum, Binance Smart Chain
- dodoex.io
DoDo Exchange is a decentralized platform that uses the Proactive Market Maker (PMM) algorithm and is powered by Ethereum and Binance Smart Chain. The DODO product suite is focused on increasing the accessibility of DeFi. Includes SmartTrade liquidity pooling and trading service, IDO, pools, etc. The DODO token is used for management and incentives.
14. LINA ( exchange linear )
- Exchange type: decentralized
- Coin Market Cap: $107,526,018
- Growth for 2021: 261%
- Blockchain: Ethereum
- linear.finance
Linear is a decentralized protocol for instant creation of synthetic assets with unlimited liquidity. Synthes can be practically anything – based on commodities, indices, cryptocurrencies. The LINA token is responsible for maintaining security and managing the protocol. All holders are close to the DAO, which allows them to vote on initiatives and proposals.
Frequently asked questions
What is an exchange token?
A digital asset issued by a cryptocurrency exchange that can be used to obtain certain rights and benefits in the ecosystem.
What benefits can exchange tokens offer?
They are typically used to reduce trading fees, but they can also serve other functions, from generating interest income to supporting the exchange's native blockchain (like BNB on Binance).
What factors influence the price of exchange tokens?
Supply and demand, project success, industry news and events, exchange liquidity and traffic, features offered to token holders.
Which exchange tokens are the most popular?
Tokens are allocated from centralized exchanges – BNB, OKB, HT, GT, KCS, etc., as well as decentralized ones, for example, UNI and CAKE.
How to make money with exchange tokens?
You can use them to trade or invest in passive income instruments (landing).
Does Bybit have an exchange token?
No, it is not available yet. There is a BIT token associated with the ecosystem (e.g. IEO participation), but it cannot be used to reduce commission fees.
Where to buy an exchange token?
It is most convenient to do this on your own exchange, but the most popular ones, such as BNB, are also sold on exchanges.
Where can I see the list of exchange tokens?
The websites Coingecko and Coinmarketcap have a corresponding category of cryptocurrencies.
Conclusion
Exchange tokens benefit not only investors and traders, but also the exchange itself: they contribute to its popularity, increase liquidity and funding. To encourage trading, many exchanges offer discounts on fees using their native token. In most cases, traders receive a discount when paying fees using a token, but some platforms support tiered discount systems based on the amount of exchange tokens a user has in their account balance. Despite all the advantages, not all exchanges offer discounts on fees using their native token. cryptocurrency exchange has its own token; they are only launched if they meet the company's strategy and user needs.