$11.50
KuCoin Price | $11.50 |
24h High / 24h Low | $11.23 / $11.51 |
Trading Volume | $3,716,772.00 |
Price Change (24h) | $0.28 |
Price Change Percentage (24h) | 2.455% |
Market Cap Rank | #78 |
Market Cap | $1,465,972,071.00 |
Market Cap Change (24h) | $34,917,038.00 |
Market Cap Change Percentage (24h) | 2.44% |
Volume / Market Cap | 0.0025 |
All-Time High | $28.83 |
All-Time Low | $0.34 |
KuCoin (KCS) is the native utility token of the KuCoin exchange, launched in 2017 to share trading fee revenue with token holders and incentivize community growth. Holding KCS grants discounts on trading fees, access to token sales, and a portion of the platform’s daily profits.
Issued by the KuCoin exchange team co-founded by Michael Gan and Eric Don, who built KuCoin to be a user-focused, global trading platform.
Its “dividend” mechanism automatically distributes 50% of KuCoin’s daily trading fees to KCS holders, creating a direct revenue share and strong incentive to hold rather than trade.
Relies on KuCoin’s internal ledger for fee-sharing and on standard ERC-20 security when transferred on Ethereum or BEP-2 on Binance Chain.
Serves as both a loyalty token (fee discounts, VIP levels) and a profit-sharing instrument, aligning user interests with the exchange’s success and driving platform adoption.
Tokenomics and fee-sharing parameters are adjusted via community proposals and implemented by KuCoin’s core development team, with major changes deployed only after user governance polls.
Major corporate holders include the KuCoin Treasury, institutional market-makers, and whales using KuCoin Token to optimize trading costs.