CEX
4.69%
0.17%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
4 BNB 4BNB | $772.58 | 7.20% | 11.24% | 28.33% | $102.88 B | $102.69 B | $1.35 B | |||
15 LEO 15LEO Token | $9.23 | −0.22% | −3.64% | −4.92% | $8.49 B | $9.13 B | $276,739.00 | |||
32 CRO 32Cronos | $0.05657 | 0.69% | −2.02% | 4.58% | $2.75 B | $5.59 B | $2.14 M | |||
35 OKB 35OKB | $113.73 | 5.19% | 0.83% | 31.10% | $2.39 B | $2.38 B | $25.84 M | |||
39 MNT 39Mantle | $0.5812 | 0.88% | 12.33% | 43.32% | $1.92 B | $3.61 B | $8.07 M | |||
53 BGB 53Bitget Token | $2.02 | 2.66% | 5.58% | 24.56% | $1.41 B | $1.84 B | $7.59 M | |||
60 GT 60GateToken | $9.31 | 11.51% | 16.67% | 41.17% | $992.61 M | $1.30 B | $1.17 M | |||
61 KCS 61KuCoin Token | $7.15 | 0.90% | 3.63% | 7.02% | $980.66 M | $1.02 B | $982,028.46 | |||
102 WBT 102WhiteBIT Coin | $73.27 | 0.24% | 1.87% | 30.85% | $8.64 B | $21.50 B | $21.26 M | |||
166 MX 166MX Token | $1.76 | 1.72% | 0.88% | 10.46% | $162.02 M | $721.52 M | $1.85 M | |||
175 VSN 175Vision | $0.04062 | −1.34% | 0.57% | 9.08% | $148.95 M | $167.27 M | $940,237.69 | |||
212 BP 212Backpack | $0.4353 | 0.01% | 6.90% | 8.39% | $108.82 M | $435.30 M | $1.43 M | |||
285 FTT 285FTX Token | $0.2233 | 2.54% | −1.44% | 9.70% | $73.44 M | $73.28 M | $417,969.90 | |||
450 BCE 450bitcastle Token | $0.09963 | −0.12% | −30.74% | −15.29% | $39.85 M | $99.63 M | $1.38 M | |||
533 NOW 533ChangeNOW | $0.4115 | 1.56% | 2.80% | 14.90% | $34.90 M | $82.20 M | $7,424.68 | |||
589 XT 589XT.com Token | $4.83 | 1.90% | 2.33% | 30.54% | $29.21 M | $4.83 B | $5.98 M | |||
715 WOO 715WOO | $0.01173 | 4.19% | 2.55% | 3.94% | $22.16 M | $22.14 M | $10.50 M | |||
823 MAX 823MAX Token | $0.265 | −0.02% | 0.68% | 1.36% | $17.58 M | $75.53 M | $24,769.00 | |||
825 BMX 825BitMart | $0.05402 | 1.11% | 0.85% | 5.42% | $17.52 M | $33.83 M | $348,720.00 | |||
836 YNG 836Young | $0.6333 | 2.43% | 0.45% | −5.62% | $17.10 M | $63.33 M | $46,858.00 | |||
965 HT 965HTX Token | $0.12 | 16.69% | 6.43% | 37.94% | $13.13 M | $24.48 M | $14,512.66 | |||
989 MBG 989MBG By Multibank Group | $0.1032 | −0.07% | −0.68% | −3.91% | $12.67 M | $103.40 M | $6.53 M | |||
1172 TKO 1172Tokocrypto | $0.0527 | 5.47% | 2.69% | 7.52% | $9.05 M | $26.07 M | $298,238.51 | |||
1392 WRX 1392WazirX | $0.0163 | −9.02% | −1.02% | 2.94% | $6.22 M | $15.69 M | $13,236.56 | |||
1551 KLV 1551Klever | $0.000532 | −4.16% | −14.22% | 18.61% | $4.72 M | $5.28 M | $88,075.90 | |||
1721 MBC 1721MonbaseCoin | $0.01892 | −2.91% | −8.63% | −18.65% | $3.59 M | $3.59 M | $43,837.00 | |||
2036 SOLCEX 2036SolCex | $0.002937 | 16.47% | 24.16% | 27.35% | $2.29 M | $2.94 M | $189,192.02 | |||
2612 LA 2612LATOKEN | $0.00294 | 93.44% | 38.05% | 38.81% | $1.12 M | $1.18 M | $68.34 | |||
4065 BEXC 4065XCoin | $0.3624 | −1.99% | 2.44% | 2.36% | $253,784.00 | $54.36 M | $533,067.00 | |||
4337 $QNTM 4337Quan2um | $0.0002848 | −0.45% | −8.14% | −29.20% | $203,922.04 | $284,796.29 | $327.56 | |||
4433 ZIX 4433Coinzix | $0.00003897 | −0.75% | −1.27% | −40.94% | $187,939.68 | $233,820.00 | $1.88 | |||
4485 TOKERO 4485TOKERO | $0.001581 | −3.69% | −19.16% | 5.61% | $181,801.49 | $1.58 M | $1,441.37 | |||
4697 EYED 4697Eyed Exchange | $0.0001738 | −1.01% | −11.97% | −45.73% | $154,474.49 | $171,854.49 | $3,520.87 | |||
5499 VOLT 5499Voltage Finance | $0.00001004 | 6.85% | 33.24% | 11.51% | $87,625.32 | $86,408.32 | $3.51 | |||
6508 KUNCI 6508Kunci Coin | $0.00003485 | 22.37% | −27.17% | −68.35% | $42,955.56 | $139,399.99 | $226.28 | |||
6675 BMEX 6675BitMEX | $0.00038 | 26.68% | −19.14% | 90.17% | $37,904.99 | $37,710.26 | $0.00038002 | |||
7524 METACEX 7524Metaverse Exchange | $0.00002665 | −0.02% | 30.60% | 30.60% | $21,764.16 | $26,650.00 | $3.90 | |||
7962 4TB 79624TB Coin | $0.0002298 | 0.04% | 0.01% | 0.10% | $16,086.00 | $16,086.00 | $206.31 | |||
8559 IXFI 8559IXFI | $0.00003217 | 2.48% | −35.32% | −39.63% | $10,503.85 | $160,850.00 | $2.48 | |||
10018 IBIT 10018InfinityBit Token | $0.0000003 | 1.34% | 1.34% | −90.45% | $1,073.53 | $1,075.69 | $2.45 | |||
10144 DGTX 10144Digitex Token | $0.00000239 | −5.62% | −5.51% | 56.19% | -- | $21,988.00 | $222.29 | |||
10145 DFT 10145DigiFinex | $0.006879 | 0.01% | 0.01% | 0.05% | -- | $14.45 M | $245,519.00 | |||
10153 TIOX 10153Trade Token X | $0.02433 | 0.33% | −5.68% | −1.60% | -- | $5.44 M | $136.29 | |||
10165 ONE 10165One | $0.000315 | 0.65% | 0.64% | −19.68% | -- | $4.00 M | $70,638.00 | |||
10179 ZAIF 10179Zaif Token | $0.0001277 | 0.67% | 0.22% | 40.56% | -- | -- | $100.02 | |||
10268 MDX 10268Mandala Exchange Token | $0.0002334 | 0.01% | 27.81% | 28.71% | -- | $93,360.00 | $1.38 | |||
10423 GDT 10423Globe Derivative Exchange | $0.001607 | 0.11% | 0.35% | 7.69% | -- | $642,800.00 | $39.89 | |||
11608 PT 11608Phemex Token | $0.3306 | 0.44% | 1.20% | −13.43% | -- | $323.93 M | $71,227.00 | |||
12463 XBO 12463$XBO Token | $0.07771 | 0.15% | 0.85% | −0.77% | -- | $97.14 M | $123,528.00 | |||
12563 BINI 12563BiniBit | $0.3501 | 0.01% | 0.22% | 6.84% | -- | $350.10 M | $753,209.00 |
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.