21 field entries
Exchange tokens: perks, burns and concentration risk
Exchange tokens are tied to a single company. Many of those platforms do not serve US residents — each entry says so plainly.
Read: How to choose a crypto exchange in the US (plus fair mini-reviews)
BNBBNB · Exchange token$797.001.65%Gas token of BNB Chain and the discount-and-perks token of the Binance exchange
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- limited
- Track record
- long
HyperliquidHYPE · DeFi$90.711.15%Token of a high-speed onchain exchange for perpetual futures, built on its own blockchain
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- limited
- Track record
- developing
WhiteBIT CoinWBT · Exchange token$86.031.94%Utility token of the European WhiteBIT exchange and gas token of its Whitechain network
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- proven
LEO TokenLEO · Exchange token$8.930.30%Bitfinex's exchange token, created in 2019 and steadily bought back with company revenue
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- proven
UniswapUNI · DeFi$9.131.02%Governance token of Uniswap, a decentralized exchange where anyone can swap tokens
- Real-world usage
- established
- Token necessity
- optional
- Decentralization
- moderate
- Track record
- long
CronosCRO · Exchange token$0.06873.39%Crypto.com's ecosystem token for app perks, card rewards and gas on the Cronos chains
- Real-world usage
- growing
- Token necessity
- integral
- Decentralization
- limited
- Track record
- proven
Pump.funPUMP · Exchange token$0.0064040.11%The token of Pump.fun, a Solana launchpad where anyone can create a meme coin
- Real-world usage
- growing
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- developing
OKBOKB · Exchange token$122.872.11%OKX's token, now the fixed-supply gas token of the X Layer blockchain
- Real-world usage
- early
- Token necessity
- integral
- Decentralization
- limited
- Track record
- long
AsterASTER · DeFi$0.71150.13%Token of Aster, a perpetual futures DEX on BNB Chain backed by Binance-linked investors
- Real-world usage
- growing
- Token necessity
- optional
- Decentralization
- limited
- Track record
- developing
HTX DAOHTX · Exchange token$0.000001731.18%Governance and perks token tied to the HTX exchange, formerly Huobi
- Real-world usage
- speculative
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- developing
Bitget TokenBGB · Exchange token$2.021.07%Bitget's exchange token, now also the gas and governance token of the Morph network
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- limited
- Track record
- proven
GateTokenGT · Exchange token$11.190.96%Gate exchange's token, used for fee discounts and as gas on its Gate Layer network
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- proven
JupiterJUP · DeFi$0.33040.36%Governance token of Jupiter, Solana's main swap aggregator and trading app
- Real-world usage
- established
- Token necessity
- optional
- Decentralization
- limited
- Track record
- developing
KuCoin TokenKCS · Exchange token$7.481.27%KuCoin exchange's perks token, with fee discounts and a long-running burn program
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- long
LighterLIT · DeFi$3.651.55%Token of Lighter, a zero-knowledge perpetual futures exchange built on Ethereum
- Real-world usage
- growing
- Token necessity
- optional
- Decentralization
- limited
- Track record
- developing
NEXONEXO · Exchange token$0.86681.97%Loyalty token of Nexo, a crypto lending and yield platform that returned to the US in 2026
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- long
AerodromeAERO · DeFi$0.86213.52%Token of Aerodrome, the main decentralized exchange on Coinbase's Base network
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- moderate
- Track record
- developing
PancakeSwapCAKE · DeFi$2.520.53%Token of PancakeSwap, a decentralized exchange that started on BNB Chain
- Real-world usage
- established
- Token necessity
- optional
- Decentralization
- limited
- Track record
- proven
Curve DAOCRV · DeFi$0.38221.66%Token of Curve, a DEX built for low-cost swaps between similar assets like stablecoins
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- moderate
- Track record
- proven
RaydiumRAY · DeFi$2.091.86%Token of Raydium, an automated market maker and token launchpad on Solana
- Real-world usage
- established
- Token necessity
- optional
- Decentralization
- limited
- Track record
- proven
ArkhamARKM · Exchange token$0.13380.89%The token behind Arkham's on-chain intelligence platform and its trading venue
- Real-world usage
- early
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- developing