Here Are the Top 5 Centralized Exchange Tokens by Market Capitalization

• BNB, LEO, OKB, CRO, and KCS make the top 5 centralized exchange tokens by market cap.
• BNB claims top spot with a market capitalization of $36,829,267,789.
• The total market cap of CEX tokens on CoinMarketCap is $49,016,006,839.

The cryptocurrency market experienced a pullback yesterday, with almost all the top cryptocurrencies shedding a significant part of their value. The impact of this resulted in a drop in the overall market capitalization. At the time of writing, the total market cap of the crypto market, according to CoinMarketCap, stood at $1,018,129,585,579.

The market capitalization of Centralized Exchanges (CEX) contributed $49,016,006,839 to the total crypto market capitalization. The top five coins that make up this category of tokens include BNB (BNB), UNUS SED LEO (LEO), OKB (OKB), Cronos (CRO), and KuCoin Token (KCS).

BNB (BNB)

BNB is the native token of Binance, the biggest crypto exchange based on trading volume, according to CoinMarketCap. At the time of writing, BNB’s market cap was $36,829,267,789. BNB exchanged for $236, with a daily trading volume of $602,328,492. 155,853,917.95 BNB are currently in circulation, representing the coin’s total supply.

UNUS SED LEO (LEO)

LEO is the utility token for the iFinex ecosystem. It derived its name from an Aesop fable in a Latin citation. The crypto token’s market cap at the time of writing was $3,264,381,598, accumulating a daily trading volume of $632,309. LEO’s price at writing time was $3.51, and its circulating supply was 930,096,779.9 LEO.

OKB (OKB)

OKB is the cryptocurrency for the OK Blockchain Foundation and the crypto exchange OKEx. It is the third highest-ranked exchange token by market cap, with a value of $2,356,364,956 at the time of writing. OKB traded for $39.27, with a daily trading volume of $4,490,898 and 60,000,000 OKB in circulation.

Cronos (CRO)

CRO is the native token for the Cronos Chain. At the time of writing, CRO had a market cap of $1,314,942,374 and traded for $0.052. The CRO daily trading volume was $7,331,224, with 25,263,013,692 CRO in current circulation. That marks 83.48% of the total CRO tokens there will ever be.

KuCoin Token (KCS)

KCS is the native token for the KuCoin exchange. Its market cap at the time of writing was $590,568,188, and the coin exchanged for $6.1. The daily trading volume of KCS was $1,615,560, and its circulating supply stood at 96,833,502.46 KCS, reflecting 56.92% of its total supply.