Comparing Crypto Exchange Tokens: Part 4 (The Exchange Matrix)

Throughout this series I have focused on a core group of nine Crypto Exchanges that also have their own token. To review, those exchanges include:

  1. Bancor
  2. Bibox
  3. Binance
  4. COBINHOOD
  5. COSS.io
  6. Huobi
  7. IDEX (Aurora Dao)
  8. KuCoin
  9. Waves Dex

Today, I show an Exchange Matrix for Crypto Exchange Tokens which, in aggregate, presents data from the previous issues in this series: Exchange Basics, Token Utility, TVEV Valuation & Tokenomics. Note : click on the image below for the shared spreadsheet.

Building The Exchange Matrix

This research has helped me to better differentiate the types of exchanges and exchange tokens. As an investor, and not a trader, I don’t use exchanges every day. That said, I do recognize the value of investing in Crypto Exchanges : they are an essential part of 4IR infrastructure and the capital growth opportunities are mega.

However, for my personal goals, I prefer investments that also allow token holders to share in the project’s success. For example, staking $AURA will soon earn holders a significant percentage of all fees generated by IDEX.

With my investment limitation in mind, I plan on diving further into Bibox and Aurora DAO (IDEX) for some in-depth DYOR. (I do understand that Coss also allows for success sharing, but the rep of the exchange seems badly hurt by poor trader sentiment. As such, I’ll focus-in on two strong plays in the sector).

Tokenomics By Exchange:

There were some significant shifts in TVEV ratios for Exchange Tokens over the last two weeks (8/17 to 8/30).

Right away, you’ll notice that the Waves DEX TVEV is totally whack. What’s up with Waves DEX? Well, there was huge drop in volume from when previously recorded. In all, the Waves DEX TVEV has been the most volatile of the nine exchanges tracked in this series.

Due to rising market cap, falling exchange volume, or a combination of both, Bancor, Binance, Huobi, and Waves lost in value (in terms of opportunity for capital appreciation). Conversely, falling market cap, rising exchange volume, or a combination of both show an INCREASE in capital growth opportunity for Bibox, Cobinhood, Coss, IDEX, and Kucoin.

The most significant increase in capital growth opportunity was found in Aurora DAO (IDEX), with the combination of increased volume and falling price leading to better value.

Bancor (BNT Token)

  • Price: $1.66
  • Circulating Tokens: 52,773,898 BNT
  • Total Supply: 77,443,096 BNT
  • % Tokens in Circulation: 68.15%
  • Circulating Market Cap: $87,746,246
  • Total Market Cap: $128,555,539
  • 24-Hour Volume: $2,064,007
  • TVEV:
    • August 17th: 41.51
    • August 30th: 62.28

2. Bibox (BIX Token)

  • Price: $0.504769
  • Circulating Tokens: 102,339,166 BIX
  • Total Supply: 267,941,449 BIX
  • % Tokens in Circulation: 38.19%
  • Circulating Market Cap: $51,657,685
  • Total Market Cap: $135,248,537
  • 24-Hour Volume: $205,457,159
  • TVEV:
    • August 17th: 0.67
    • August 30th: 0.66

3. Binance (BNB Token)

  • Price: $10.66
  • Circulating Tokens: 95,512,523 BNB
  • Total Supply: 192,443,301 BNB
  • % Tokens in Circulation: 49.63%
  • Circulating Market Cap: $1,017,735,000
  • Total Market Cap: $2,051,445,588
  • 24-Hour Volume: $1,123,624,761
  • TVEV:
    • August 17th: 1.39
    • August 30th: 1.83

4. COBINHOOD (COB Token)

  • Price: $0.035744
  • Circulating Tokens: 371,314,905 COB
  • Total Supply: 1,000,000,000 COB
  • % Tokens in Circulation: 37.13%
  • Circulating Market Cap: $13,272,199
  • Total Market Cap: $35,744,000
  • 24-Hour Volume: $5,381,900
  • TVEV:
    • August 17th: 12.10
    • August 30th: 6.64

5. COSS.io (COSS Token)

  • Price: $0.056665
  • Circulating Tokens: 118,810,622 COSS
  • Total Supply: 200,000,000 COSS
  • % Tokens in Circulation: 59.41%
  • Circulating Market Cap: $6,732,425
  • Total Market Cap: $11,333,000
  • 24-Hour Volume: $692,535
  • TVEV:
    • August 17th: 18.47
    • August 30th: 16.36

6. Huobi (HT Token)

  • Price: $2.16
  • Circulating Tokens: 50,000,200 HT
  • Total Supply: 500,000,000 HT
  • % Tokens in Circulation: 10%
  • Circulating Market Cap: $107,803,104
  • Total Market Cap: $1,080,000,000
  • 24-Hour Volume: $627,366,914
  • TVEV:
    • August 17th: 0.95
    • August 30th: 1.72

7. IDEX (AURA Token, IDXM)

  • Price: $0.058793
  • Circulating Tokens: 133,832,967 AURA
  • Total Supply: 1,000,000,000 AURA
  • % Tokens in Circulation: 13.38%
  • Circulating Market Cap: $7,868,476
  • Total Market Cap: $58,793,000
  • 24-Hour Volume: $2,879,669
  • TVEV:
    • August 17th: 47.36
    • August 30th: 20.42

8. KuCoin (KCS Token)

  • Price: $1.41
  • Circulating Tokens: 90,730,576 KCS
  • Total Supply: 180,730,576 KCS
  • % Tokens in Circulation: 50.20%
  • Circulating Market Cap: $128,180,486
  • Total Market Cap: $254,830,112
  • 24-Hour Volume: $16,082,054
  • TVEV:
    • August 17th: 17.17
    • August 30th: 15.85

9. Waves DEX (WAVES Token)

  • Price: $2.07
  • Circulating Tokens: 100,000,000 WAVES
  • Total Supply: 100,000,000 WAVES
  • % Tokens in Circulation: 100%
  • Circulating Market Cap: $206,577,961
  • Total Market Cap: $206,577,961
  • 24-Hour Volume: $124,852
  • TVEV:
    • August 17th: 97.29
    • August 30th: 1,654.58

Coming up next: Stay tuned for Part 5, which will begin a deep dive in Aurora DAO $AURA!

This list aggregates the Twitter feeds of the above nine Crypto Exchanges: