Coinranking
DEX Tokens
377 coins #29 Page 2| | Coins | | | ||
|---|---|---|---|---|---|
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| The coins below are ranked lower due to missing data. Learn more | |||||
| | 51 |  Prism PRISM | $ | -0.33%  | |
| | 52 |  Nuco.cloud NCDT | $ | -0.73%  | |
| | 53 |  OpenLeverage OLE | $ | +1.09%  | |
| | 54 |  RUBIC RBC | $ | -1.92%  | |
| | 55 |  zkSwap Finance ZF | $ | +1.58%  | |
| | 56 |  Silo Governance Token SILO | $ | +2.05%  | |
| | 57 |  AARK Token AARK | $ | +9.64%  | |
| | 58 |  Kava Lend HARD | $ | -2.45%  | |
| | 59 |  HORD HORD | $ | +0.10%  | |
| | 60 |  TRAVA TRAVA | $ | -1.66%  | |
| | 61 |  DAFI protocol DAFI | $ | +4.20%  | |
| | 62 |  Crowns CWS | $ | +2.64%  | |
| | 63 |  Wombat Exchange WOM | $ | +1.77%  | |
| | 64 |  Portuma POR | $ | +0.70%  | |
| | 65 |  Sakai Vault SAKAI | $ | +4.91%  | |
| | 66 |  EIFI Finance EIFI | $ | -6.19%  | |
| | 67 |  stabble STB | $ | -3.11%  | |
| | 68 |  Value Liquidity VALUE | $ | +18.02%  | |
| | 69 |  PolkaBridge PBR | $ | +0.00%  | |
| | 70 |  ZeroSwap ZEE | $ | +0.00%  | |
| | 71 |  Spartan Protocol SPARTA | $ | -1.82%  | |
| | 72 |  BambooDeFi BAMBOO | $ | +0.09%  | |
| | 73 |  Power Cash PRCH | $ | -0.00%  | |
| | 74 |  Kabosu KABOSU | $ | +6.43%  | |
| | 75 |  AirCoin AIR | $ | +30.19%  | |
| | 76 |  GameX GMX | $ | +3.58%  | |
| | 77 |  ZEDXION ZEDXION | $ | +11.04M%  | |
| | 78 |  GMX Market GM | $ | +0.00%  | |
| | 79 |  Railgun RAIL | $ | +17.09%  | |
| | 80 |  XT.com XT | $ | +2.66%  | |
| | 81 |  Unchain X UNX | $ | -5.88%  | |
| | 82 |  GELD Finance GELDF | $ | -0.00%  | |
| | 83 |  BSCEX BSCX | $ | +1.59%  | |
| | 84 |  Curve.fi FRAX/USDC CRVFRAX | $ | -0.16%  | |
| | 85 |  EV Direct Currency EVDC | $ | -0.42%  | |
| | 86 |  QuickSwap [Old] QUICK | $ | -0.91%  | |
| | 87 |  Artlink ARTL | $ | -1.14%  | |
| | 88 |  LOOKSCOIN LOOK | $ | -0.00%  | |
| | 89 |  Scaleton SCALE | $ | +5.46%  | |
| | 90 |  Arcadia AAA | $ | -5.95%  | |
| | 91 |  Derive DRV | $ | +6.31%  | |
| | 92 |  BLACKHOLE BLACK | $ | +0.28%  | |
| | 93 |  Spacelens SPACE | $ | +3.71%  | |
| | 94 |  Blocery BLY | $ | +1.19%  | |
| | 95 |  Dextrust DETS | $ | +8.87%  | |
| | 96 |  Seed Of The Universe SOTU | $ | +8.46%  | |
| | 97 |  Turbos Finance TURBOS | $ | -0.73%  | |
| | 98 |  Wicrypt WNT | $ | -6.73%  | |
| | 99 |  Geeq GEEQ | $ | +0.10%  | |
| | 100 |  MELEGA MARCO | $ | +1.34%  | |
Trending DEX Tokens
| Coins | Price | 24h | |
|---|---|---|---|
| |  Hyperliquid HYPE | $ | +25.90%  |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| | Hyperliquid HYPE | $ | +25.90% | ||
| |  Onomy Protocol NOM | $ | +10.43%  | ||
| |  Raydium RAY | $ | +6.20%  | ||
| |  dYdX Token DYDX | $ | +4.72%  | ||
| |  Uniswap UNI | $ | +4.09%  | ||
| 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.