Utility
Utility tokens power platforms, granting access, discounts, or specific functions within an ecosystem.
Top gainers this week
Top losers this week
3 days at the top this week: $NPC is dominating the category
Down 1,044 places this week, $HERMES is losing steam
$GFI -1,039 places this week
$SPARTA -1,009 places this week
$NPC · 84 gem score this week
784 tokens rose and 1177 fell this week
$FUSE +1,098 places this month
@EnaGovernance+2•18$ARK loading… 🚀
When conviction meets innovation, narratives get strong.
If the vision is clear and the community’s locked in, $ARK could sail through volatility.
Build. Hold. Believe. 🌊
Frequently asked questions
How has Utility performed recently?
The Utility token category has seen mixed activity over the past month. In the last seven days, 853 utility tokens were up, while 1091 were down. Over a 30-day window, 1063 tokens were up and 881 were down. Concrete Token (CT) was a top climber in both the 7-day and 30-day periods. SolidLizard Dex (SLIZ) and SteakHut (STEAK) were significant fallers over both timeframes. New entrants to the top K in the last 30 days include BORT and Quant (QNT), with Quant also entering the top K in the last seven days. The highest score in the last 7 days was held by Non-Playable Coin (NPC), while HEX achieved the highest score over the 30-day period.
What is a utility token?
A utility token is a cryptocurrency designed to provide access to a specific product or service within a blockchain ecosystem. It is not intended as an investment but as a means to interact with a platform.
How do utility tokens differ from security tokens?
Utility tokens provide access to a service or product, while security tokens represent ownership or an investment in an underlying asset, similar to traditional securities. The regulatory classification often depends on the specific characteristics and how the token is offered.
What are common uses for utility tokens?
Utility tokens can be used for various purposes, including paying for network fees, accessing exclusive features, staking for rewards within a platform, voting in governance decisions, or receiving discounts on services.
Can utility tokens appreciate in value?
While the primary purpose of a utility token is to provide access to a service, its market value can fluctuate based on the demand for the underlying platform or service, overall market sentiment, and tokenomics. However, they are not primarily designed as investment vehicles.
Are utility tokens regulated?
The regulatory status of utility tokens varies across jurisdictions and depends on their specific features and how they are offered. Some may fall under existing securities laws if they are deemed to have investment characteristics, while others may not.