BTC logo
BTC
$110,455.88
0.21%
ETH logo
ETH
$4,010.14
0.88%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,173.69
0.32%
XRP logo
XRP
$2.4057
1.10%
SOL logo
SOL
$194.13
1.61%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3218
3.13%
DOGE logo
DOGE
$0.1951
1.59%
ADA logo
ADA
$0.6693
0.34%
HYPE logo
HYPE
$38.36
0.97%
LINK logo
LINK
$18.16
0.53%
USDE logo
USDE
$1.0000
0.05%
XLM logo
XLM
$0.3249
0.34%
BCH logo
BCH
$520.44
0.39%
SUI logo
SUI
$2.6547
1.91%
AVAX logo
AVAX
$21.85
0.17%
WBT logo
WBT
$41.96
0.17%
LEO logo
LEO
$9.6420
0.03%
HBAR logo
HBAR
$0.1799
0.65%
BTC logo
BTC
$110,455.88
0.21%
ETH logo
ETH
$4,010.14
0.88%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,173.69
0.32%
XRP logo
XRP
$2.4057
1.10%
SOL logo
SOL
$194.13
1.61%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3218
3.13%
DOGE logo
DOGE
$0.1951
1.59%
ADA logo
ADA
$0.6693
0.34%
HYPE logo
HYPE
$38.36
0.97%
LINK logo
LINK
$18.16
0.53%
USDE logo
USDE
$1.0000
0.05%
XLM logo
XLM
$0.3249
0.34%
BCH logo
BCH
$520.44
0.39%
SUI logo
SUI
$2.6547
1.91%
AVAX logo
AVAX
$21.85
0.17%
WBT logo
WBT
$41.96
0.17%
LEO logo
LEO
$9.6420
0.03%
HBAR logo
HBAR
$0.1799
0.65%
Opinion
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What Is a Crypto Exchange Token and How Did It Help Blow up FTX?

Exchange tokens do not represent a claim on a centralized crypto businesses, but they can have utility.

By David Z. Morris
Updated Jun 14, 2024, 10:51 p.m. Published Nov 23, 2022, 4:54 p.m.
(Danny Nelson/CoinDesk)
(Danny Nelson/CoinDesk)