1. BNB

As the platform currency launched by Binance, BNB has brought about a significant wealth effect through activities such as Binance's lunchpool. At the same time, as the gas fee consumption currency of the BNB chain, it has provided significant value drivers for BNB.

Currently, BNB FDV (fully diluted market value) is $91 billion, ranking sixth in market value.

And the return this year is exactly 100%. At the same time, we pay attention to the maximum retracement of 73% during the bear market in 2021.

2. OKB

As the platform currency of the Euro-Italian exchange, OKB has a poor growth rate and a small wealth effect. At the same time, as the currency for payment of X layer fees, its application scope is relatively small.

The current market value is 3 billion US dollars, and the FDV is 15 billion US dollars. The market value ranks 39th.

3.BGB

BGB is the platform coin of Bitget Exchange. It has been very popular this year and has seen a large increase in price, but it has been launched for a short time, has a low staking yield, and has no other functions except exchange functions.

4.GT

GT token is the platform currency issued by GATE.IO.

GT (GateToken) is the core token of Gate.io and the native token of Gate Chain. As the foundation of ecological development, it grants holders multiple rights and interests such as transaction discounts and VIP level upgrades. GT's core functions and value positioning make it a key participant in the Web3 ecosystem.

The total supply of GT is 300 million, and more than 174 million have been destroyed through the repurchase and destruction mechanism, and the circulation is controlled at about 96 million (as of December 2024). The deflationary model of regular repurchase and destruction will further enhance the scarcity and long-term investment value of GT.

As the only ecological token of Gate.io, GT is widely used in core products such as currency trading, leveraged financial management, and futures contracts, while empowering the NFT and DeFi fields. Holders can enjoy fee reductions, exclusive event participation rights, and more value that continues to expand within the ecosystem.

5.KCS

Launched in 2017, KuCoin Token (KCS) is KuCoin’s native token that serves as a profit-sharing token that enables traders to gain value from the exchange.

6.MX

MX is a platform coin launched by MEXC Exchange. There are many platform activities. By staking platform coins, you can get an annualized rate of return of up to 50%, and the platform's handling fees are low.

7.HTX

HTX is a platform coin launched by Huobi Exchange for a relatively short time.

8. BMX

BMX, or BitMart Token, refers to the cryptocurrency created by BitMart.

BMX runs on the Ethereum chain and follows the ERC20 standard. The total supply of BMX is 1 billion, and BitMart plans to use 20% of its profits each quarter to buy back and destroy BMX until 50% of BMX is destroyed.

BMX Value
Pay transaction fees
When using BMX to pay for transaction fees, users will enjoy a 25% discount on the transaction fees.
Used as public chain fuel
If BitMart launches the BitMart public chain in a decentralized exchange, BMX can be used as fuel.
9.WBS
WBS is a platform coin launched by Websea Exchange. It was discovered because of the ultra-high pledge yield rate provided by its launched Wave Plan. However, the platform coin has been established for a short time, but has good development prospects.
10.WXT
WXT is a platform coin launched by Weex Exchange. It has a short history but many activities, with 79 activities in a year, which requires DYOR.
All statistics do not constitute any investment advice.
After a comprehensive analysis of these platform coins, we found that only about half of the platforms can outperform Bitcoin. Platform coins are generally highly tied to the platforms. If there is a problem with the platform, the platform coins will fall into the abyss together. Only a few platform coins have usage scenarios other than exchanges. However, you can buy a small amount of platform coins to offset the high handling fees. Even if all platforms are repurchasing and destroying platform coins, the price response to them is not obvious, so you still have to be cautious about platform coins.
Currency Annual increase (365D) Bear Market Decline Whether to repurchase and destroy Exchange platform coin activities (one year) Staking yield Fee reduction (ordinary users)
BNB 100.75% 73% yes 30 0.28% 25%
OKB 1.21% 77% yes 1 5% 0
BGB 863.98% Not yet released yes 25 2% 20%
GT 373.95% 82% yes Total activities of undated date 1649 7.62% 10%
KCS 16% 86% yes 7 4.32% 20%
MX 22.98% 79% yes 125+ per month none Maker fee is 0
HTX -16.6% Not yet released yes 7 4% 25%
BMX 46.37% Not yet released yes 6 none 25%
WBS -79.23% Not yet released yes 6 38% 25%
WXT 166.23% Not yet released yes 79 none 20%