Top Exchange Tokens by Market Cap
Exchange tokens are issued by centralized crypto exchanges as the loyalty layer of their platforms: holders get trading-fee discounts, access to token sales, staking perks and VIP tiers. Some exchanges also run buyback-and-burn programs that link the token’s supply to platform revenue.
This page ranks centralized exchange tokens by live market capitalization. Their value is tightly coupled to the issuing exchange’s trading volume, regulatory standing and solvency.
Top Exchange Tokens Coins by Market Cap
| # | Coin | Price | 1h | 24h | 7d | Last 7d | 24h Volume | Market Cap |
|---|---|---|---|---|---|---|---|---|
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What to Know About Exchange Tokens
It’s a bet on the exchange. An exchange token is essentially unsecured exposure to that platform’s business. Fee revenue and burn mechanics can support value in good times — but as FTX’s FTT proved, the token can go to near-zero if the exchange fails.
Read the burn fine print. Buyback programs vary wildly: some burn from real profits on a schedule, others are discretionary marketing. Transparent, on-chain verifiable burns are worth a premium.