Coinranking
DEX Tokens
376 coins #28 Page 4| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| The coins below are ranked lower due to missing data. Learn more | |||||
| | 151 |  Viking Elon VELON | $ | +0.00%  | |
| | 152 |  Kebab Token KEBAB | $ | -0.23%  | |
| | 153 |  Bolin BOLIN | $ | +13.08%  | |
| | 154 |  MOTHER EARTH MOT | $ | +0.00%  | |
| | 155 |  ApeSwap BANANA | $ | +12.94%  | |
| | 156 |  Wenlambo WENLAMBO | $ | --%  | |
| | 157 |  Kabosu KABOSU | $ | +0.00%  | |
| | 158 |  TurtleNetwork TN | $ | --%  | |
| | 159 |  ExchangeCoin EXCC | $ | --%  | |
| | 160 |  MMOCoin MMO | $ | --%  | |
| | 161 |  Aldrin RIN | $ | --%  | |
| | 162 |  Happy Coin HAPPY | $ | --%  | |
| | 163 |  TOKPIE TKP | $ | --%  | |
| | 164 |  Switch ESH | $ | --%  | |
| | 165 |  WagyuSwap WAG | $ | --%  | |
| | 166 |  ViteX Coin VX | $ | --%  | |
| | 167 |  Artificial Intelligence AI | $ | --%  | |
| | 168 |  GoldeNugget GNTO | $ | --%  | |
| | 169 |  BlackPearl Token BPLC | $ | --%  | |
| | 170 |  GBANK APY GBK | $ | --%  | |
| | 171 |  Synthetify SNY | $ | --%  | |
| | 172 |  Reflecto RTO | $ | --%  | |
| | 173 |  Archethic UCO | $ | --%  | |
| | 174 |  MiraQle MQL | $ | --%  | |
| | 175 |  Zeedex ZDEX | $ | --%  | |
| | 176 |  Hegic HEGIC | $ | --%  | |
| | 177 |  MCDex MCB | $ | --%  | |
| | 178 |  Your Future Exchange YFX | $ | --%  | |
| | 179 |  XChange XCHG | $ | --%  | |
| | 180 |  UnFederalReserveToken ERSDL | $ | --%  | |
| | 181 |  Maro MARO | $ | --%  | |
| | 182 |  S.FINANCE SFG | $ | --%  | |
| | 183 |  Burger Swap BURGER | $ | --%  | |
| | 184 |  SaTT SATT | $ | --%  | |
| | 185 |  Mettalex MTLX | $ | --%  | |
| | 186 |  Zyberswap ZYB | $ | --%  | |
| | 187 |  Lumenswap LSP | $ | --%  | |
| | 188 |  NovaDEX NVX | $ | --%  | |
| | 189 |  Ardana DANA | $ | --%  | |
| | 190 |  Vela Token VELA | $ | --%  | |
| | 191 |  sifchain.finance EROWAN | $ | --%  | |
| | 192 |  Swop.fi SWOP | $ | --%  | |
| | 193 |  StarLink SLNV2 | $ | --%  | |
| | 194 |  CafeSwap Token BREW | $ | --%  | |
| | 195 |  MM Finance (Cronos) MMF | $ | --%  | |
| | 196 |  PooCoin POOCOIN | $ | --%  | |
| | 197 |  Hachiko BSC HACHIKO | $ | --%  | |
| | 198 |  Vira-lata Finance REAU | $ | --%  | |
| | 199 |  SafeBTC SAFEBTC | $ | --%  | |
| | 200 |  BXHToken BXH | $ | --%  | |
Trending DEX Tokens
| Coins | Price | 24h | |
|---|---|---|---|
| |  Hyperliquid HYPE | $ | -0.53%  |
Top Gainers
| Coins | | | |||
|---|---|---|---|---|---|
| |  Orca ORCA | $ | +5.82%  | ||
| |  SUSHI SUSHI | $ | +5.02%  | ||
| |  DeepBook Token DEEP | $ | +4.86%  | ||
| |  Raydium RAY | $ | +4.82%  | ||
| |  THORChain RUNE | $ | +4.80%  | ||
| All Gainers | |||||
What is a DEX token?
A DEX token is the native cryptocurrency of a decentralized exchange (DEX)—used to pay trading fees, vote on protocol upgrades, stake for liquidity rewards, and unlock tiered benefits like lower fees or early-access pools.
Unlike CEX coins, DEX tokens govern fully on-chain markets that run via smart contracts, eliminating custodial risk.
Top tokens (UNI, CAKE, SUSHI, CRV) collectively command >$25 B market cap and underpin >$2 B in daily spot & derivative volume.
Quick Facts
- Purpose: Governance, fee discounts, liquidity mining incentives, staking yield.
- Blockchains: 90 % Ethereum; also BNB Chain, Polygon, Arbitrum, Solana.
- Supply model: Fixed or emission-based; often quarterly buy-back & burn funded by swap fees.
- Fee share: Curve (50 % to veCRV), PancakeSwap (CAKE buy-burn), dYdX (USDC rebates).
- TVL: Top 10 DEXs hold >$120 B in liquidity pools.
Top DEX Tokens (Live Examples)
| Token | Ticker | DEX / Chain | 2024 Utility Highlights |
|---|---|---|---|
| Uniswap | UNI | Uniswap v3/v4 (Ethereum) | Govern 0.05 % fee switch, v4 hooks, 7-day timelock. |
| PancakeSwap | CAKE | PancakeSwap v3 (BSC) | Stake for 50x farm boost, IFO lottery, perpetual rebates. |
| SushiSwap | SUSHI | SushiSwap (Ethereum) | Vote on Onsen farms, Kanpai fee redirection, SUSHI bar staking. |
| Curve DAO | CRV | Curve (Ethereum) | Lock for veCRV → gauge weights + 50 % protocol fees. |
| 1inch | 1INCH | 1inch Aggregator | Govern resolver rewards, Pathfinder upgrades. |
| dYdX | DYDX | dYdX v3 (StarkWare) | Trade fee discounts, stake for USDC safety pool. |
| Trader Joe | JOE | Trader Joe (Avalanche) | sJOE revenue share, rJOE launchpad tickets. |
| Raydium | RAY | Raydium (Solana) | Fusion pool weights, acceleRAYtor IDO access. |
How It Works
- User swaps 1 ETH → USDC; 0.3 % fee added to liquidity pool.
- LP tokens staked in farm to earn DEX token emissions.
- Token holders vote to turn on protocol fee switch → buy-back & burn.
- Staking tiers – lock 10 k CAKE for 50 % lower perpetual fees.
- Governance proposals – new pairs, emission schedules, cross-chain deployments execute automatically via timelock.
Benefits
- Fee discounts – pay 0.2 % instead of 0.3 % when using native token.
- Yield farming – triple-digit APR during launch phases (unsustainable but lucrative).
- Revenue share – Curve 50 %, Trader Joe ~20 % of swap fees to stakers.
- Launchpad access – IFO/IDO lotteries require token stake (CAKE, JOE, RAY).
- Self-custody – no KYC, no withdrawal limits, 24/7 uptime.
- Composable leverage – stake LP tokens in lending pools for extra loops.
Risks & Trade-offs
- Impermanent loss – LP positions can underperform vs HODL during volatile moves.
- Token dilution – high emission schedules pressure price unless buy-backs offset.
- Smart-contract risk – >$3 B hacked across DEXs (Ronin, Wormhole, BSC forks).
- Front-running – sandwich bots extract ~$400 M yearly from AMM users.
- Regulatory fog – SEC labels some DEX tokens as securities; front-ends geoblock US IPs.
- Gas costs – Ethereum L1 swaps can cost $50+ during congestion; L2 rollups mitigate.
Final Thoughts
DEX tokens are programmable equity in the world’s largest 24/7 marketplaces: holders own the cash-flow, vote on fee switches, and capture value as trading volume grows.
The upside is double-digit staking yields and permissionless innovation; the downside is dilution, impermanent loss, and smart-contract exploits.
Farm the yields, vote on gauges, but size positions knowing that APR often comes from inflation—and never stake more than you can afford to see slashed by a bug.