CEX
4.68%
0.0%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
4 BNB 4BNB | $581.59 | 1.73% | 5.10% | 0.81% | $78.43 B | $78.43 B | $700.40 M | |||
12 LEO 12LEO Token | $9.33 | 1.84% | −1.07% | −2.71% | $8.59 B | $9.19 B | $162,197.03 | |||
30 CRO 30Cronos | $0.05963 | −0.30% | 10.61% | 3.07% | $2.75 B | $5.89 B | $6.22 M | |||
39 OKB 39OKB | $80.16 | −0.06% | 2.01% | 17.26% | $1.68 B | $1.68 B | $14.75 M | |||
45 MNT 45Mantle | $0.4381 | −0.91% | 2.76% | −14.15% | $1.45 B | $2.72 B | $12.53 M | |||
53 BGB 53Bitget Token | $1.67 | −1.75% | 3.25% | −7.86% | $1.17 B | $1.54 B | $8.77 M | |||
57 KCS 57KuCoin Token | $7.28 | 1.88% | 6.76% | 18.46% | $998.49 M | $1.03 B | $1.63 M | |||
71 GT 71GateToken | $6.77 | 0.74% | 3.80% | 9.74% | $721.33 M | $948.16 M | $2.16 M | |||
101 WBT 101WhiteBIT Coin | $56.96 | 0.28% | 18.34% | 30.69% | $6.69 B | $16.64 B | $204.57 M | |||
158 MX 158MX Token | $1.65 | −0.20% | −1.85% | −4.60% | $152.63 M | $679.80 M | $2.07 M | |||
177 BP 177Backpack | $0.5377 | −1.53% | 4.42% | 150.54% | $134.43 M | $537.70 M | $1.41 M | |||
182 VSN 182Vision | $0.03385 | 1.01% | 5.62% | 15.26% | $126.46 M | $141.79 M | $485,562.00 | |||
208 BMX 208BitMart | $0.3223 | −4.29% | −6.02% | 7.50% | $103.77 M | $200.42 M | $9.05 M | |||
254 FTT 254FTX Token | $0.236 | −1.68% | −0.52% | 5.51% | $77.36 M | $77.36 M | $2.49 M | |||
337 BCE 337bitcastle Token | $0.1311 | 0.92% | −1.21% | 8.15% | $52.44 M | $131.10 M | $55,018.00 | |||
550 NOW 550ChangeNOW | $0.3549 | 2.36% | 11.39% | 7.18% | $29.65 M | $34.61 M | $2,352.53 | |||
659 WOO 659WOO | $0.0117 | −1.24% | 7.62% | −9.57% | $22.10 M | $22.10 M | $2.42 M | |||
662 XT 662XT.com Token | $3.63 | 0.55% | 7.72% | 12.00% | $21.95 M | $3.63 B | $5.54 M | |||
717 MBG 717MBG By Multibank Group | $0.161 | −1.93% | −6.00% | −43.82% | $19.76 M | $160.90 M | $3.60 M | |||
755 MAX 755MAX Token | $0.2685 | 0.98% | 4.53% | −2.63% | $18.24 M | $76.52 M | $16,735.93 | |||
1106 HT 1106HTX Token | $0.07882 | −0.14% | −2.53% | −35.82% | $8.62 M | $16.08 M | $8,091.92 | |||
1161 TKO 1161Tokocrypto | $0.0464 | −2.39% | −3.75% | −1.89% | $7.87 M | $22.97 M | $159,665.54 | |||
1197 WRX 1197WazirX | $0.01898 | −5.05% | −2.27% | 3.27% | $7.25 M | $18.27 M | $5,247.92 | |||
1199 MBC 1199MonbaseCoin | $0.03809 | 5.82% | 6.65% | −18.88% | $7.23 M | $7.23 M | $29,287.00 | |||
1286 BMEX 1286BitMEX | $0.06154 | 0.81% | 2.04% | −12.21% | $6.14 M | $27.69 M | $18,566.90 | |||
1546 KLV 1546Klever | $0.0004473 | −4.59% | −14.40% | −6.46% | $3.97 M | $4.47 M | $33,187.49 | |||
1720 ASD 1720AscendEx | $0.003986 | −2.72% | −4.10% | −35.47% | $2.96 M | $3.11 M | $1.16 M | |||
1864 SOLCEX 1864SolCex | $0.002453 | 0.53% | −4.41% | 65.09% | $2.45 M | $2.45 M | $29,322.61 | |||
2588 LA 2588LATOKEN | $0.002607 | −27.50% | −95.81% | 3.58% | $990,934.93 | $1.04 M | $79.00 | |||
2816 EYED 2816Eyed Exchange | $0.0008531 | −9.06% | 1.29% | −34.04% | $758,241.84 | $843,551.84 | $18,523.62 | |||
3450 ZIX 3450Coinzix | $0.00008033 | −0.74% | −8.34% | 270.57% | $387,334.05 | $481,920.00 | $1,175.51 | |||
3545 $QNTM 3545Quan2um | $0.0006973 | −4.77% | −21.23% | −36.08% | $348,648.39 | $697,290.93 | $7,997.91 | |||
3905 BEXC 3905XCoin | $0.3501 | 0.34% | −2.45% | 0.44% | $245,170.47 | $52.52 M | $533,638.00 | |||
3960 TOKERO 3960TOKERO | $0.002038 | −2.07% | −2.07% | 13.22% | $234,353.32 | $2.04 M | $138.35 | |||
5210 VOLT 5210Voltage Finance | $0.00000962 | 2.89% | 8.82% | −49.97% | $83,959.72 | $82,793.63 | $70.15 | |||
5334 KUNCI 5334Kunci Coin | $0.00006172 | 8.50% | −30.34% | −19.82% | $76,075.10 | $246,879.99 | $285.31 | |||
6520 TRKX 6520Trakx | $0.0000429 | −26.67% | −61.59% | −72.53% | $30,731.32 | $42,900.00 | $15,154.65 | |||
6770 IXFI 6770IXFI | $0.00007813 | 0.13% | −78.27% | −77.40% | $25,510.30 | $390,650.00 | $17.51 | |||
7808 IBIT 7808InfinityBit Token | $0.00000314 | 0.84% | −24.71% | −24.71% | $11,236.36 | $11,258.92 | $1.11 | |||
9440 DFT 9440DigiFinex | $0.008879 | −0.00% | 0.05% | 18.49% | -- | $18.65 M | $2.27 M | |||
9446 LION 9446CoinLion | $0.0001942 | 8.53% | 8.53% | −18.57% | -- | $50,583.59 | $3.46 | |||
9448 TIOX 9448Trade Token X | $0.02491 | 0.22% | −5.94% | 13.13% | -- | $5.57 M | $48.29 | |||
9464 ONE 9464One | $0.0003874 | −0.08% | −0.20% | −4.38% | -- | $4.92 M | $113,730.00 | |||
9473 BITO 9473BITO Coin | $0.1617 | −0.68% | 7.76% | 10.52% | -- | $80.85 M | $74,068.00 | |||
9482 ZAIF 9482Zaif Token | $0.00008072 | −4.91% | −2.49% | −13.64% | -- | -- | $55.93 | |||
9701 GDT 9701Globe Derivative Exchange | $0.001483 | −1.36% | −2.50% | 17.48% | -- | $593,200.00 | $103.14 | |||
10705 OTX 10705OTX EXCHANGE | $0.00005604 | −0.95% | 2.54% | −13.54% | -- | $30,822.00 | $4.88 | |||
10712 PT 10712Phemex Token | $0.4444 | −0.07% | 9.80% | 15.44% | -- | $444.40 M | $119,347.00 | |||
11612 YNG 11612Young | $0.651 | 0.01% | 6.70% | 6.88% | -- | $65.10 M | $27,069.00 | |||
11637 XBO 11637$XBO Token | $0.07926 | −0.24% | 0.49% | −6.89% | -- | $99.08 M | $72,358.00 | |||
11771 BINI 11771BiniBit | $0.3077 | 2.10% | 6.90% | 26.23% | -- | $307.70 M | $1.38 M |
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.