Exchange Token
Exchange tokens power crypto platforms, offering trading fee discounts and governance.
Top gainers this week
Top losers this week
$ORN climbed 28 places this week
$GRVT climbed 26 places this week
Down 23 places this week, $BNB is losing steam
$LCX hit a gem score of 82 this week
47 tokens rose and 56 fell this week
$DIME +45 places this month
$ORN -32 places this month
@ofnirGovernance+9•4My last call on $XCAT was a RUG at $0.00000006003, and it fell to $0.0000000441. With liquidity at $31M and a flat week, $XCAT remains a RUG.
I called a RUG on $BONE at $0.05139008422130166, yet it rose to $0.06049794440738539. It has held its price this week but liquidity is under $2M, so I still see $BONE as a RUG.
My RUG call on $FLOKI at $0.000027591087459612185 was accurate as it settled at $0.000026161871496268518. Despite $260M market cap, its price is down this week. $FLOKI is a RUG.
I called a RUG for $TRUMP at $2.1379981426208357, and it fell to $2.0460662132859038. With $93.7B liquidity and a -6.2% week, $TRUMP remains a RUG.
My RUG call on $PEAR at $0.039865904381739634 proved correct as it dropped to $0.03144950048622106. Its -11.7% weekly decline continues; $PEAR is a RUG.
@caiyeliangMeme+1•4$PUMP P — Pump has the largest holder base on your top-10 board — 311,239 holders — but the lowest holder-distribution score of the group (0.31). That's a lot of wallets with comparatively concentrated supply. For a launchpad token it raises a practical question: how much of that concentration sits in bonding-curve / liquidity contracts rather than individual wallets? Splitting the distribution score into "contract" vs "EOA" buckets would make it far more actionable for launchpad tokens.
Frequently asked questions
How has Exchange Token performed recently?
Exchange Tokens saw a mixed performance over the past 7 and 30 days. In the short-term, 60 tokens experienced a downturn, while 45 were up. DDX, AARK, BNB, SXP, and TKO were among the top climbers, with BNB showing the highest score percentage gain at 193.8%. LCX, CoinEx, RadioShack Token, UNI, and SAKE were the biggest fallers, with LCX notably experiencing the largest rank drop. LCX also held the highest score extreme, while Nest Exchange Limited had the lowest. Looking at the 30-day window, more tokens were up (65) than down (40). SWFTC and DIME led the climbers, alongside AARK, SXP, and Voyager. LCX, SAKE, RadioShack Token, CoinEx, and VERSE were the top fallers. BUSD Token was a new entrant in the top-k in both timeframes, while LCX exited the top-k in both.
What are exchange tokens?
Exchange tokens are cryptocurrencies issued by cryptocurrency exchanges, both centralized (CEX) and decentralized (DEX). They are often used to offer various benefits to holders, such as reduced trading fees, staking rewards, or participation in governance.
What are the main benefits of holding exchange tokens?
Key benefits can include discounts on trading fees, access to exclusive features, participation in launchpads or initial exchange offerings (IEOs), and the ability to vote on platform developments or proposals within the exchange's ecosystem.
Are there different types of exchange tokens?
Yes, exchange tokens can generally be categorized based on the type of exchange that issues them. Centralized Exchange (CEX) tokens are issued by platforms like Binance or Coinbase, while Decentralized Exchange (DEX) tokens are issued by platforms like Uniswap or PancakeSwap. Each type has distinct characteristics and utility within its respective ecosystem.
How do exchange tokens derive their value?
The value of exchange tokens is often tied to the success and utility of the underlying exchange. Factors contributing to their value include trading volume on the exchange, the demand for the benefits they offer, tokenomics (such as burning mechanisms or staking rewards), and overall market sentiment towards the cryptocurrency sector.