CEX
4.66%
0.01%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
4 BNB 4BNB | $611.38 | 0.52% | 2.84% | 5.43% | $81.46 B | $81.46 B | $411.99 M | |||
13 LEO 13LEO Token | $8.79 | −4.23% | −9.65% | −10.30% | $8.07 B | $8.64 B | $715,432.91 | |||
30 CRO 30Cronos | $0.04857 | −1.01% | −0.71% | −12.26% | $2.30 B | $4.80 B | $3.22 M | |||
31 OKB 31OKB | $106.70 | 4.94% | 16.03% | 31.61% | $2.24 B | $2.24 B | $62.99 M | |||
43 MNT 43Mantle | $0.4405 | −1.03% | 4.21% | 3.53% | $1.45 B | $2.74 B | $6.09 M | |||
51 BGB 51Bitget Token | $1.66 | −0.33% | 0.22% | −1.51% | $1.16 B | $1.51 B | $5.89 M | |||
56 KCS 56KuCoin Token | $6.64 | −0.21% | −0.99% | −5.82% | $910.71 M | $943.91 M | $1.50 M | |||
63 GT 63GateToken | $6.72 | −0.74% | 0.28% | −0.59% | $714.17 M | $938.35 M | $957,805.00 | |||
101 WBT 101WhiteBIT Coin | $54.49 | 0.03% | −2.51% | −3.18% | $6.46 B | $16.09 B | $31.73 M | |||
161 MX 161MX Token | $1.62 | 0.11% | −0.22% | −2.54% | $149.51 M | $665.89 M | $1.46 M | |||
179 VSN 179Vision | $0.03553 | −0.81% | −4.42% | 6.06% | $129.77 M | $145.76 M | $457,561.86 | |||
215 BP 215Backpack | $0.3819 | −0.51% | −6.85% | −26.65% | $95.47 M | $381.90 M | $984,800.00 | |||
280 FTT 280FTX Token | $0.2078 | 3.72% | 5.71% | −3.44% | $68.25 M | $68.25 M | $2.07 M | |||
382 BCE 382bitcastle Token | $0.1104 | −0.48% | −5.76% | −10.82% | $44.16 M | $110.40 M | $61,559.00 | |||
585 NOW 585ChangeNOW | $0.3213 | 0.34% | −10.56% | −11.66% | $27.25 M | $64.18 M | $47.92 | |||
648 XT 648XT.com Token | $3.79 | 0.53% | 1.06% | 3.26% | $22.97 M | $3.80 B | $3.94 M | |||
715 WOO 715WOO | $0.01035 | −1.46% | −8.55% | −15.58% | $19.59 M | $19.59 M | $9.97 M | |||
747 BMX 747BitMart | $0.05683 | 0.00% | 10.75% | −82.18% | $18.43 M | $35.59 M | $396,792.00 | |||
779 YNG 779Young | $0.6401 | −3.59% | −4.08% | −4.38% | $17.28 M | $64.01 M | $10,720.73 | |||
783 MAX 783MAX Token | $0.259 | −0.72% | −1.58% | −3.33% | $17.18 M | $73.82 M | $19,337.08 | |||
925 MBG 925MBG By Multibank Group | $0.1054 | −1.16% | −4.28% | −19.20% | $12.92 M | $105.20 M | $3.94 M | |||
994 HT 994HTX Token | $0.1013 | 0.92% | 13.49% | 28.83% | $11.08 M | $20.66 M | $60,603.74 | |||
1118 TKO 1118Tokocrypto | $0.0511 | 2.33% | 3.82% | 10.05% | $8.77 M | $25.18 M | $223,870.84 | |||
1177 XCM 1177CoinMetro | $0.02747 | 0.05% | 0.15% | 0.15% | $7.75 M | $8.50 M | $1.63 | |||
1345 WRX 1345WazirX | $0.01501 | 0.55% | −5.47% | −23.61% | $5.73 M | $14.45 M | $2,193.14 | |||
1500 MBC 1500MonbaseCoin | $0.02257 | 0.18% | 0.32% | −22.05% | $4.28 M | $4.28 M | $42,354.00 | |||
1589 KLV 1589Klever | $0.0004136 | 3.19% | −6.81% | −0.73% | $3.67 M | $4.14 M | $70,653.61 | |||
2009 SOLCEX 2009SolCex | $0.002432 | −9.71% | −16.71% | 21.86% | $1.90 M | $2.43 M | $52,467.14 | |||
3254 VOLT 3254Voltage Finance | $0.00004847 | 0.00% | 440.96% | 450.80% | $423,027.83 | $417,152.52 | $141.25 | |||
3531 ZIX 3531Coinzix | $0.00006751 | 18.80% | 3.86% | −25.46% | $325,578.85 | $405,060.00 | $3,214.85 | |||
3582 EYED 3582Eyed Exchange | $0.0003488 | −5.66% | 2.43% | −53.77% | $310,015.57 | $344,895.57 | $14,861.81 | |||
3826 BEXC 3826XCoin | $0.3516 | −0.68% | 0.13% | −0.41% | $246,220.90 | $52.74 M | $545,640.00 | |||
3861 $QNTM 3861Quan2um | $0.0003317 | 2.81% | −15.73% | −46.50% | $238,498.41 | $331,695.68 | $39,570.13 | |||
4286 TOKERO 4286TOKERO | $0.001434 | 8.06% | −3.76% | −20.20% | $164,897.87 | $1.43 M | $367.33 | |||
5332 BMEX 5332BitMEX | $0.0006994 | 133.34% | 133.24% | −98.87% | $69,765.14 | $69,406.74 | $68.90 | |||
5356 KUNCI 5356Kunci Coin | $0.00005556 | −1.34% | −49.50% | −52.86% | $68,482.38 | $222,239.99 | $4.08 | |||
8987 4TB 89874TB Coin | $0.00001848 | −91.95% | −91.95% | −91.95% | $1,293.60 | $1,293.60 | $59.65 | |||
9116 DGTX 9116Digitex Token | $0.0000015 | 0.28% | −1.75% | −28.74% | -- | $13,800.00 | $11.76 | |||
9117 DFT 9117DigiFinex | $0.006876 | 0.00% | 0.03% | −22.58% | -- | $14.44 M | $252,101.00 | |||
9122 TIOX 9122Trade Token X | $0.02459 | 0.16% | −0.91% | 0.87% | -- | $5.50 M | $147.23 | |||
9133 ONE 9133One | $0.0003654 | −0.90% | −6.93% | −5.36% | -- | $4.64 M | $116,754.00 | |||
9150 ZAIF 9150Zaif Token | $0.00008608 | −0.03% | −1.50% | 1.19% | -- | -- | $3.01 | |||
9217 MDX 9217Mandala Exchange Token | $0.0001826 | 0.24% | 0.70% | 19.60% | -- | $73,040.00 | $5.39 | |||
9326 GDT 9326Globe Derivative Exchange | $0.001501 | −1.87% | −1.90% | −0.56% | -- | $600,400.00 | $55.09 | |||
10233 OTX 10233OTX EXCHANGE | $0.00005435 | 0.11% | −4.10% | −4.48% | -- | $29,892.50 | $6.02 | |||
10239 PT 10239Phemex Token | $0.2949 | −1.53% | −25.34% | −37.84% | -- | $288.95 M | $285,253.00 | |||
11000 XBO 11000$XBO Token | $0.07359 | −1.98% | −3.42% | −7.72% | -- | $91.99 M | $78,214.00 | |||
11099 BINI 11099BiniBit | $0.3288 | 1.88% | 0.99% | 3.62% | -- | $328.80 M | $693,127.00 |
Frequently Asked Questions
What are Centralized Exchange (CEX) tokens?
Centralized Exchange (CEX) tokens are utility tokens issued and managed by centralized crypto exchanges such as Binance, OKX, and Bitfinex. CEX tokens grant holders trading-fee discounts of 10-50%, priority launchpad access, and staking rewards. The defining value mechanic of CEX tokens is buyback-and-burn funded by exchange revenue, tying supply contraction directly to platform trading volume. Leading examples include BNB (Binance), LEO (Bitfinex), and OKB (OKX). DropsTab tracks 50+ CEX token projects with price, tokenomics, and burn data.
How do CEX tokens reduce trading fees?
CEX tokens reduce trading fees by granting holders tiered discounts when fees are paid in the exchange's native token. Discounts typically range from 10% to 50%, scaling with holdings and trading volume. OKB grants OKX users fee discounts of up to 40%. KuCoin pioneered the fee-discount model in 2017 with KCS. Fee discounts create recurring buy demand, since active traders accumulate the token to lower costs, linking CEX token demand directly to exchange trading activity.
Do CEX tokens pay revenue share or dividends?
Most CEX tokens deliver revenue exposure through buyback-and-burn rather than direct dividend payments. KuCoin originated the revenue-share model in 2017, distributing roughly 50% of trading-fee revenue to KCS holders as a daily bonus. GateToken (GT) and WhiteBIT Coin (WBT) offer similar holder-reward structures. Direct dividends carry securities-regulation risk, so newer exchanges favor burn-based deflation over cash distribution. Revenue-share and burn models both convert exchange profitability into token-holder value, but neither model grants governance rights over the exchange.
How does buyback-and-burn affect CEX token value?
Buyback-and-burn permanently removes CEX tokens from circulating supply using exchange revenue, making the token structurally deflationary. The mechanism ties supply contraction directly to platform profitability, since higher trading volume funds larger burns. LEO commits at least 27% of iFinex consolidated gross revenue to continuous buyback-and-burn until 100% of supply is retired. BNB uses a quarterly Auto-Burn plus BEP-95 real-time gas burn, targeting reduction to 100 million BNB. OKB locked supply permanently to 21 million in August 2025.
Which projects lead the CEX token category by market cap?
BNB (Binance) leads the CEX token category as the largest exchange token by market cap, doubling as gas for BNB Smart Chain. LEO (Bitfinex) and OKB (OKX) rank among the top constituents by market-cap rank. CRO (Crypto.com) serves as the native asset of the Cronos chain. Also notable are BGB (Bitget), KCS (KuCoin), GT (Gate.io), and WBT (WhiteBIT). DropsTab ranks 50+ CEX tokens by market cap, with filters for burn mechanics and fee structure.
What is the difference between a CEX token and a DEX token?
A CEX token is issued by a centralized exchange and grants fee discounts and launchpad access, while a DEX token is issued by a decentralized protocol and typically confers governance voting rights. CEX tokens generally give holders no vote over the issuing platform. CEX token value depends on the solvency and revenue of a single corporate issuer. DEX token value derives from on-chain protocol fees and treasury governance. BNB and OKB are CEX tokens; UNI and CRV are DEX tokens.
Are centralized exchange tokens a risky investment?
Centralized exchange tokens carry concentrated counterparty risk, since a CEX token's value is inseparable from its issuing exchange. The FTT/FTX collapse in November 2022 is the anchor case: Alameda Research held roughly 40% of its balance sheet in illiquid FTT, and a $5B withdrawal run exposed an $8B shortfall that sent FTT near zero. Regulatory action can impair a CEX token, as seen with WazirX (WRX) and HTX. Diversifying across issuers mitigates single-platform failure risk.
How does chain-token convergence affect CEX tokens?
Chain-token convergence increasingly blurs the line between CEX tokens and Layer-1/Layer-2 coins. BNB (BNB Smart Chain), CRO (Cronos), and MNT (Mantle L2) now derive value from on-chain activity and gas demand, not only exchange fee discounts. Chain-token convergence diversifies a token's value drivers beyond a single exchange's revenue, reducing pure counterparty dependence. OKB's August 2025 lock to a permanent 21 million supply signals a maturing scarcity-endpoint model that competing exchanges may follow.
Where can investors track CEX tokens on DropsTab?
DropsTab tracks 50+ CEX token projects through a category scanner with filters for market cap, fee-discount structure, and burn mechanics. The platform aggregates tokenomics, supply schedules, and on-chain burn data for constituents including BNB, LEO, OKB, and CRO. Investors compare burn cadence and remaining supply runway side by side, weighing OKB's fixed 21 million cap against BNB's 100 million target. Drops Bot delivers alerts on burn-schedule milestones and new launchpad cycles.