BNB领导着交换代币的中心舞台

在一个快速变化且不稳定的加密市场中，交换令牌在塑造投资者情绪和平台忠诚方面已成为中心舞台。

In the dynamic and often turbulent landscape of cryptocurrency, exchange tokens have emerged as pivotal instruments in shaping investor sentiment and dictating platform allegiance.

在加密货币的动态且经常动荡的景观中，交换令牌已经成为塑造投资者情绪和决定平台忠诚的关键工具。

With the crypto market exhibiting a period of instability over the past couple of months, a look at the performance of tokens native to five leading cryptocurrency exchanges—Binance, Bitget, OKX, Bybit, and Gate.io—reveals some interesting trends.

在过去的几个月中，加密货币市场表现出不稳定的时期，看看五个领先的加密货币交易所的代币的表现（bit，bitget，okx，bybit，bybit和gate.io）带来了一些有趣的趋势。

A $10,000 hypothetical investment in each of these tokens at the start of the past two-month period offers a glimpse into some of the best and worst places for exchange-aligned capital during that same stretch.

在过去两个月开始时，对这些代币的每一个都进行了10,000美元的假设投资，可以瞥见在同一延伸期间，交易所一致的资本的一些最好和最差的地方。

Exchange tokens, which usually provide some kind of utility within their respective ecosystems—like trading discounts, governance, and staking—tend to appeal more to long-term holders. However, their value is also quite sensitive to broader market conditions, trading volumes, and any kind of development relating to the platform, good or bad.

交换令牌通常在各自的生态系统中提供某种效用（例如交易折扣，治理和股权），旨在吸引更多的长期持有人。但是，它们的价值也对更广泛的市场条件，交易量以及与平台有关的任何形式的发展都非常敏感。

So how did a $10K position in each of the following tokens hold up over the past two months?

那么，在过去两个月中，以下每个令牌中的每一个中的$ 10K头寸如何？

Binance Leads With Strong Fundamentals

Binance以强大的基本面领导

Of the five platforms examined, Binance’s flagship token, $BNB, displayed the greatest gains over the two-month window, notching up a 10 percent rise.

在检查的五个平台中，Binance的旗舰令牌$ bnb在两个月的窗口上显示出最大的收益，增加了10％的上升。

This means if you had invested $10,000 in $BNB two months ago, you’d now have $11,000. While this might not seem like a massive 'moonshot' compared to some of the more speculative tokens (perhaps an NFT would be heating up more), it’s a significant improvement over the previous two-month period, which saw $BNB slide by 17 percent.

这意味着，如果您两个月前已经投资了10,000美元，那么您现在有11,000美元。与某些更具投机的令牌相比，这似乎并不像是一个巨大的“月球”（也许NFT会加热更多），但在前两个月中，这是一个显着的改善，这是BNB幻灯片的17％。

For a long time now, BNB has been recognized as one of the most developed and well-rounded tokens in the exchange ecosystem. It enjoys the advantages that come with a gigantic global user base and a varied product line—part of the reason why it is a core part of the Binance empire. Users can get discounts on trading fees, they can use BNB to participate in the launch of new tokens, and it is a very basic way that one can use to part in the DeFi and payment ecosystem that is Binance.

很长一段时间以来，BNB一直被认为是交换生态系统中最发达和最全面的代币之一。它享有巨大的全球用户群和各种产品线的优势，部分原因是它是Binance Empire的核心部分。用户可以获得交易费用的折扣，他们可以使用BNB参与新令牌的发布，这是一种非常基本的方式，可以使用它来纳入二元组中的defi和付款生态系统。

A 10% gain suggests that investor confidence in Binance’s infrastructure and ongoing ability to generate volume remains high—even in market conditions.

10％的收益表明，即使在市场条件下，投资者对Binance的基础设施和持续产生量的能力的信心仍然很高。

Bitget and OKX Hold Steady, Delivering Moderate Gains

Bitget和Okx保持稳定，带来适中的收益

Closely following BNB in terms of gains were Bitget’s $BGB and OKX’s $OKB tokens, which saw advances of 7% and 6%, respectively, over the same period.

Bitget的$ bgb和OKX的$ OKB代币紧随BNB的距离，分别在同一时期的增长7％和6％。

This means that if you’d placed $10,000 into BGB at the start of the year, it would now be worth $10,700, and a $10,000 investment in OKB would presently be indicated as around $10,600.

这意味着，如果您在今年年初将10,000美元放入BGB，现在价值10,700美元，目前对OKB的10,000美元投资将为10,600美元左右。

The $BGB token from Bitget not only saw some price appreciation but it also really stood out because it delivered the highest yield farming rewards compared to everything else in our coverage group. That yield farming reward offering is likely to heighten investor interest. Yield farming remains a very popular strategy among crypto users who are looking for almost guaranteed passive income opportunities.

BITGET的$ BGB代币不仅看到了一些价格升值，而且确实脱颖而出，因为它与我们的覆盖范围集团中的其他所有产品相比，它提供了最高的收益耕作奖励。这种产量耕作的奖励可能会增加投资者的利益。在寻求几乎保证的被动收入机会的加密用户中，养殖仍然是非常受欢迎的策略。

$OKB token from OKX, on the other hand, saw somewhat less growth but did manage to maintain price stability. The integration of products that are really cutting-edge and the focus on a truly multichain world seem to be engaging investors and keeping them on board with this particular token. OKB is not making headlines for the high returns that some investors are looking for, but it has built up a very respectable reputation for being consistent.

另一方面，来自OKX的$ OKB令牌的增长率较小，但设法保持了价格稳定性。真正具有尖端的产品的整合以及对真正多个世界的关注似乎正在吸引投资者，并使他们与这个特殊的代币保持一致。 OKB并未成为一些投资者想要的高回报的头条新闻，但它因保持一致而赢得了非常受人尊敬的声誉。

Bybit and Gate.io Fall Behind

bybit和gate.io落后

Conversely, on the performance spectrum’s opposite end, Bybit’s $MNT and Gate.io’s $GT tokens notched up losses. $MNT slid 12% over two months, dragging a $10,000 investment down to $8,800. Gate.io’s $GT didn’t fare any better; it sank 13%, with the same $10,000 investment now being valued at $8,700.

相反，在性能范围的相反，Bybit的$ MNT和Gate.io的$ GT令牌损失了。 $ MNT在两个月内滑行12％，将10,000美元的投资拖到8,800美元。 gate.io的$ gt票价不佳；它沉没了13％，目前相同的10,000美元投资价值为8,700美元。

💰 Holding $10K in Exchange Tokens: Who Came Out Ahead?

💰持有1万美元以交换代币：谁来了？

Here’s how $10K in native tokens performed across 5 major exchanges over 2 months:

以下是在2个月内在5个主要交易所进行的10,000美元的本地代币的$ 10K：

• Binance $BNB: +10%• Bitget $BGB: +7%• OKX $OKB: +6%• Bybit $MNT: -12%• Gate io $GT: -13%$BNB, $BGB, and $OKB held up well… pic.twitter.com/baOzT07H6L

•Binance $ bnb： +10％•BITGET $ BGB： +7％•OKX $ OKB： +6％•BYBIT $ MNT：-12％：-12％•GATE IO $ GT：-13％$ bnb，$ bgb和$ okb保持良好

— CryptoRank.io (@CryptoRank_io) June 10, 2025

- cryptorank.io（@cryptorank_io）2025年6月10日