Exchange Token
Exchange tokens power crypto platforms, offering trading fee discounts and governance.
Top gainers this week
Top losers this week
$BMEX fell 57 places this week
$BONE climbed 41 places this week
$BMX +22 places this week
$WOO · 0 gem score this week
$BONE hit a gem score of 78 this week
No longer among the leaders this week: $LCX fell out of the top ranks
81 tokens rose and 50 fell this week
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
No records found | |||||||||||
Frequently asked questions
How has Exchange Token performed recently?
The Exchange Token category has seen notable activity over both the past 7 and 30 days, with 81 tokens showing upward movement and 50 tokens experiencing a downturn. ShibaSwap V2 (BONE) was a significant climber, increasing its score by 126.9% and ranking 41 places higher, also appearing as a top entrant. Other climbers include Billion Zone Xchange (ZBX), BitMart (BMX), WEEX (WXT), and Tokocrypto Token (TKO). On the other hand, Bitmex (BMEX) was a notable faller, with its score decreasing by 63.8% and its rank dropping by 57 positions. Other tokens experiencing declines include HyperionX (HPX), Bitbank (BITBANK), SakePerp (SAKE), and The Everything Exchance (EXCHANCE). ShibaSwap V2 (BONE) also registered the maximum score during this period, while WOO X (WOO) recorded the minimum score.
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.