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Exchange tokens: 14 Compared and Scored (2026)

Tokens issued by a trading venue, usually with fee discounts and burns. Ranked by a score out of 100 covering track record, tokenomics, transparency, decentralisation, adoption and liquidity. Comparing assets that do the same job is the only comparison that means anything, which is what this page is for.

MSP Score /100:85+ Excellent70 to 84 Very good55 to 69 Fair<55 Caution

How the token score works: each is rated out of 100 across track record (20), tokenomics (20), transparency (15), decentralisation (15), adoption (15), liquidity (15). Higher is better. These are the same six questions the Academy research process teaches. Every score is broken down on the token's own page.

#1

Cronos (CRO)

Exchange tokens · Launched 2018 · Small cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete1 incident
ChainCronos
Value captureBuyback burn
SupplyHard capped
ControlTeam controlled
66
Grade C
#2

OKB (OKB)

Exchange tokens · Launched 2018 · Small cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete1 incident
ChainX Layer and Ethereum
Value captureBuyback burn
SupplyCapped
ControlTeam controlled
63
Grade C
#3

Bitget Token (BGB)

Exchange tokens · Launched 2021 · Small cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete
ChainMulti chain
Value captureBuyback burn
SupplyCapped
ControlTeam controlled
61
Grade C
#4

Nexo (NEXO)

Exchange tokens · Launched 2018 · Micro cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete1 incident
ChainMulti chain
Value captureFee share
SupplyHard capped
ControlTeam controlled
59
Grade C
#5

WhiteBIT Coin (WBT)

Exchange tokens · Launched 2022 · Small cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete
ChainEthereum and WhiteBIT
Value captureBuyback burn
SupplyCapped
ControlTeam controlled
59
Grade C
#6

GateToken (GT)

Exchange tokens · Launched 2019 · Micro cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete
ChainGateChain
Value captureBuyback burn
SupplyCapped
ControlTeam controlled
58
Grade C
#7

MX Token (MX)

Exchange tokens · Launched 2019 · Micro cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete
ChainEthereum
Value captureBuyback burn
SupplyCapped
ControlTeam controlled
58
Grade C
#8

KuCoin Token (KCS)

Exchange tokens · Launched 2017 · Micro cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete2 incidents
ChainKCC and Ethereum
Value captureFee share
SupplyCapped
ControlTeam controlled
57
Grade C
#9

Bitkub Coin (KUB)

Exchange tokens · Launched 2021 · Micro cap
~ Mixed record✓ Captures revenueCapped supplyVesting complete1 incident
ChainBitkub Chain
Value captureBuyback burn
SupplyHard capped
ControlTeam controlled
55
Grade C
#10

LATOKEN (LA)

Exchange tokens · Launched 2017 · Micro cap
⚠ CautionNo revenue captureCapped supplyVesting complete
ChainEthereum
Value captureFee discount
SupplyHard capped
ControlTeam controlled
54
Grade D
#11

ProBit (PROB)

Exchange tokens · Launched 2018 · Micro cap
⚠ CautionNo revenue captureCapped supplyVesting complete
ChainEthereum
Value captureFee discount
SupplyHard capped
ControlTeam controlled
52
Grade D
#12

BitMart Token (BMX)

Exchange tokens · Launched 2018 · Micro cap
⚠ CautionNo revenue captureCapped supplyVesting complete1 incident
ChainEthereum
Value captureFee discount
SupplyCapped
ControlTeam controlled
48
Grade D
#13

HTX (HTX)

Exchange tokens · Launched 2018 · Micro cap
~ Mixed record✓ Captures revenueHigh issuanceVesting complete2 incidents
ChainMulti chain
Value captureBuyback burn
SupplyHigh issuance
ControlTeam controlled
45
Grade D
#14

Bitrue Coin (BTR-EX)

Exchange tokens · Launched 2018 · Micro cap
~ Mixed recordNo revenue captureCapped supplyVesting complete2 incidents
ChainEthereum
Value captureFee discount
SupplyCapped
ControlTeam controlled
45
Grade D

Other sectors

Layer 1 (94)Layer 2 and scaling (44)Stablecoins (53)DeFi (147)Staking and restaking (47)Infrastructure (66)AI and compute (50)DePIN (33)Real world assets (47)Gaming and metaverse (61)Memecoins (157)Privacy (17)NFT and culture (24)Bridges and interop (28)Governance and DAO (8)Failed and defunct (39)

There are no prices or market caps here, deliberately. Those numbers are stale within hours of being written, and a directory full of stale numbers is worse than one without them. What is recorded instead is structural and durable: what the thing actually does, how its supply behaves, who can change it, whether the token captures any revenue, and what has happened to it. For live prices use an exchange or a data aggregator.

RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.