KuCoin

KuCoin Token (KCS) is the native exchange token of KuCoin, an international cryptocurrency exchange registered in the Seychelles that supports the trading of 250 digital assets. It is designed for users of the KuCoin platform who want to participate in a share of the exchange's trading-fee revenue and access reduced trading costs. The token essentially ties a holder's economic interest to the activity level of the KuCoin exchange itself.

KCS is an exchange-based token, meaning it does not operate on its own proof-of-work or proof-of-stake blockchain in the traditional sense; its fundamental basis is recorded as the KuCoin Community Chain (KCC). The central mechanic is a revenue-sharing arrangement in which KuCoin distributes 50% of its overall trading-fee revenue to KCS holders, making the token a conduit between exchange activity and token holders rather than a governance or computational instrument.

Fees on this page reflect what the protocol reports attributing to KCS holders: 5.48 USD over the trailing 24 hours, 17.25 USD over the trailing 7 days, 78.61 USD over the trailing 30 days, and 1,436.89 USD over the trailing 12 months, with an annualized figure of 956.42 USD extrapolated from the 30-day window. The annualized fee yield stands at roughly 0.0001 percent of market capitalization at the point in time recorded, which is notably small relative to the asset's market capitalization of 993,806,300 USD. Fee growth over the last 30 days is reported at 29.25 USD in absolute terms. These figures represent what is attributed to the token on this site and may not capture the full scope of revenue flowing through the broader KuCoin exchange.