CEX
4.54%
−0.02%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
4 BNB 4BNB | $774.46 | −0.41% | 1.26% | 11.03% | $103.13 B | $103.13 B | $706.13 M | |||
16 LEO 16LEO Token | $8.84 | −1.25% | −0.85% | −5.15% | $8.13 B | $8.71 B | $398,975.00 | |||
33 CRO 33Cronos | $0.0654 | 4.00% | 9.84% | 11.20% | $3.25 B | $6.47 B | $9.90 M | |||
38 OKB 38OKB | $120.67 | 0.89% | 3.23% | 5.56% | $2.53 B | $2.53 B | $12.48 M | |||
41 MNT 41Mantle | $0.6689 | −2.11% | 6.11% | 28.10% | $2.21 B | $4.16 B | $37.10 M | |||
58 BGB 58Bitget Token | $1.98 | −0.55% | −0.31% | 3.53% | $1.39 B | $1.80 B | $37.00 M | |||
63 GT 63GateToken | $10.69 | −0.37% | 7.52% | 35.53% | $1.14 B | $1.50 B | $1.09 M | |||
67 KCS 67KuCoin Token | $7.37 | 1.27% | 2.09% | 1.84% | $1.01 B | $1.05 B | $3.31 M | |||
101 WBT 101WhiteBIT Coin | $83.76 | −0.56% | 0.44% | 15.07% | $9.96 B | $24.58 B | $161.34 M | |||
114 BP 114Backpack | $1.33 | 26.99% | 134.52% | 203.31% | $334.50 M | $1.34 B | $45.57 M | |||
182 MX 182MX Token | $1.85 | −0.75% | 2.36% | 9.39% | $170.54 M | $759.56 M | $10.44 M | |||
184 VSN 184Vision | $0.04521 | −0.02% | 5.79% | 15.55% | $165.78 M | $186.13 M | $2.03 M | |||
277 FTT 277FTX Token | $0.2599 | −0.93% | 21.48% | 12.21% | $85.48 M | $85.48 M | $2.56 M | |||
552 NOW 552ChangeNOW | $0.4338 | 0.25% | 2.34% | 6.86% | $36.79 M | $86.66 M | $2,516.60 | |||
611 XT 611XT.com Token | $5.25 | 1.16% | 3.75% | 12.45% | $31.74 M | $5.25 B | $11.71 M | |||
719 WOO 719WOO | $0.01315 | 3.30% | 15.03% | 14.74% | $24.84 M | $24.84 M | $2.01 M | |||
855 MAX 855MAX Token | $0.2636 | 2.03% | 0.98% | −0.49% | $18.14 M | $75.13 M | $48,855.00 | |||
896 HT 896HTX Token | $0.1514 | −3.81% | −5.31% | 30.22% | $16.56 M | $30.88 M | $404.86 | |||
927 YNG 927Young | $0.5816 | −0.18% | −1.64% | −9.56% | $15.70 M | $58.16 M | $5,290.75 | |||
937 BCE 937bitcastle Token | $0.03798 | −1.34% | −24.12% | −68.33% | $15.19 M | $37.98 M | $425.99 | |||
1037 MBG 1037MBG By Multibank Group | $0.1032 | 0.07% | −0.33% | −1.36% | $12.67 M | $103.20 M | $6.48 M | |||
1121 TKO 1121Tokocrypto | $0.06018 | 4.03% | 15.68% | 14.96% | $10.86 M | $29.68 M | $276,474.04 | |||
1228 WRX 1228WazirX | $0.02364 | 1.52% | 4.35% | 33.47% | $9.03 M | $22.76 M | $22,455.00 | |||
1353 KLV 1353Klever | $0.0008202 | 11.20% | 24.85% | 43.12% | $7.28 M | $8.20 M | $598,811.00 | |||
1788 MBC 1788MonbaseCoin | $0.01845 | 0.60% | 4.12% | −10.31% | $3.50 M | $3.50 M | $37,483.00 | |||
1973 BMX 1973BitMart | $0.008216 | −86.04% | −85.65% | −84.37% | $2.66 M | $5.15 M | $37.35 | |||
2167 SOLCEX 2167SolCex | $0.002619 | −0.27% | −27.45% | 9.83% | $2.04 M | $2.62 M | $108,616.95 | |||
2935 LA 2935LATOKEN | $0.0022 | −21.43% | −21.42% | −30.60% | $836,232.01 | $880,000.00 | $68.43 | |||
4189 BEXC 4189XCoin | $0.3593 | 0.48% | 1.87% | 4.64% | $251,613.11 | $53.90 M | $575,421.00 | |||
4584 TOKERO 4584TOKERO | $0.001621 | 0.56% | −8.68% | −11.92% | $186,400.85 | $1.62 M | $1,561.20 | |||
4694 EYED 4694Eyed Exchange | $0.0001927 | −1.50% | −6.94% | 4.95% | $171,272.93 | $190,542.93 | $826.26 | |||
4946 VOLT 4946Voltage Finance | $0.0000162 | −1.84% | −9.74% | 171.43% | $141,387.47 | $139,423.78 | $21.43 | |||
5040 $QNTM 5040Quan2um | $0.0001907 | −5.89% | −23.15% | −34.57% | $132,810.16 | $190,697.51 | $29,246.75 | |||
5612 ZIX 5612Coinzix | $0.0000184 | −11.58% | −6.44% | −51.14% | $88,737.28 | $110,400.00 | $2,218.09 | |||
7533 METACEX 7533Metaverse Exchange | $0.00002906 | 0.00% | 6.74% | 42.43% | $23,732.33 | $29,060.00 | $5.27 | |||
7836 KUNCI 7836Kunci Coin | $0.00001564 | −0.57% | −5.44% | −72.34% | $19,277.61 | $62,559.99 | $12.24 | |||
8095 4TB 80954TB Coin | $0.0002298 | −0.00% | 0.00% | 0.00% | $16,086.00 | $16,086.00 | $208.89 | |||
10221 DGTX 10221Digitex Token | $0.00000202 | 1.45% | 6.66% | −20.28% | -- | $18,584.00 | $98.99 | |||
10222 DFT 10222DigiFinex | $0.006878 | 0.00% | 0.00% | −0.06% | -- | $14.44 M | $260,247.00 | |||
10228 TIOX 10228Trade Token X | $0.02511 | 0.35% | −2.81% | −2.11% | -- | $5.61 M | $225.88 | |||
10240 ONE 10240One | $0.0003489 | 0.00% | 6.75% | 4.51% | -- | $4.43 M | $106,966.00 | |||
10255 ZAIF 10255Zaif Token | $0.0001049 | 0.34% | −3.20% | −0.59% | -- | -- | $66.80 | |||
10467 GDT 10467Globe Derivative Exchange | $0.001649 | 3.03% | −4.27% | 5.53% | -- | $659,600.00 | $43.00 | |||
11568 OTX 11568OTX EXCHANGE | $0.00007363 | 0.04% | 0.26% | 35.89% | -- | $40,496.50 | $10.92 | |||
11574 PT 11574Phemex Token | $0.3112 | −0.92% | −6.24% | −6.41% | -- | $304.92 M | $150,791.00 | |||
12406 XBO 12406$XBO Token | $0.07817 | −0.05% | 1.17% | 1.11% | -- | $97.71 M | $156,340.00 | |||
12500 BINI 12500BiniBit | $0.1401 | 0.00% | 2.77% | 4.22% | -- | $140.10 M | $767,141.00 |
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.