The Centralized Exchange (CEX) market cap today is $73.2 Billion, a 14.7% change in the last 24 hours. Read More about Centralized Exchange (CEX)
These utility tokens are issued by a centralized exchange and can be used for a variety of purposes. Although holders are not able to exercise governance, they still carry many other benefits. Based on the amount of tokens held, users on the exchange get to enjoy discounted trading fees. Additionally, stakers can gain access to exclusive token sales on the exchange, where their allocation is also determined based on the number of exchange tokens staked.
Because they are secure and transparent BUIDLers.