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Bitcoin (BTC) is a peer-to-peer digital currency native to the Bitcoin network. Fees and rewards for processing transactions on the Bitcoin Network are denominated in BTC. Satoshi Nakamoto launched BTC in January 2009.
Wrapped Bitcoin (wBTC) is a tokenized version of Bitcoin that runs on the Ethereum (ETH) blockchain. wBTC is backed by Bitcoin at a 1:1 ratio via a network of automatically monitored merchants and custodians. Partners BitGO, Kyber Network, and Ren launched wBTC on January 31, 2019.
Ether (ETH) is the native token of the Ethereum Network, a decentralized open-source blockchain system. Fees and rewards for processing transactions on the Ethereum Network are denominated in ETH. Ethereum works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
ETH trades via an ERC-20 smart contract for an equal token called wETH. wETH is needed to be able to trade ETH for other ERC-20 tokens on decentralized platforms because ETH was built before the ERC-20 standard existed and does not conform to its own ERC-20 standard.
The non-profit Ethereum Foundation officially launched the blockchain on July 30, 2015.
The Swarm Token (SMT) is the payment token powering the rewards and incentives program for the Swarm platform. Swarm launched SMT in August of 2021.
Binance Coin (BNB) is the native currency of the Binance Exchange. BNB is the rewards token for the Binance Smart Chain (BSC) and BNB can be used to trade and pay fees on the Binance Exchange. BSC validators are rewarded with transaction fees in BNB.
As of January 2022, Binance Exchange is the largest cryptocurrency exchange in the world. BNB launched in July 2017.
USD Coin is a stablecoin that is pegged to the U.S. dollar at a ratio of 1:1. Every USDC token is backed by USD $1.00 in reserve assets.
USDC is adminsitred by the Centre Consortium, consisting of peer-to-peer payment services company Circle, and the Coinbase cryptocurrency exchange. USDC launched in September 2018.
EUROC is a stablecoin that is pegged to the EURO at a ratio of 1:1. Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.
EUROC is administered by the Centre Consortium, consisting of peer-to-peer payment services company Circle, and the Coinbase cryptocurrency exchange. EUROC launched in July 2022.
MATIC is the native token of the Polygon Network (formerly Matic Network). Fees and rewards for processing transactions on the Polygon Network are denominated in MATIC.
Polygon is a Layer 2 scaling solution — a framework for building and connecting Ethereum-compatible blockchain networks — managed by the Polygon Foundation and backed by Binance and Coinbase Ventures. MATIC launched in April of 2019.
DAI is a stablecoin that is soft-pegged to the U.S. dollar at a ratio of 1:1. Every DAI token is backed by a collateralized mix of other cryptocurrencies that are deposited into smart-contract vaults in order to mint new DAI.
DAI is issued by Maker Protocol and the MakerDAO—a decentralized autonomous organization. MakerDAO is managed democratically by the holders of Maker (MKR) governance tokens. DAI launched in December 2017. Governance information can be found here: https://vote.makerdao.com/.
LINK is the native token for the Chainlink decentralized oracle network. LINK tokens are used to pay node operators for retrieving data for smart contracts and also for deposits placed by node operators as required by contract creators.
LINK was created by SmartContract Chainlink Limited SEZC and launched in September of 2017.
UNI is the governance token for the Uniswap decentralized finance platform. UNI holders vote on platform administration and manage the community treasury among other things.
MANA is the native token of the Decentraland decentralized social media network. MANA is used to purchase digital real estate in the form of LAND non-fungible parcels, goods, and services in the Decentraland metaverse.
SAND is the utility token for the Sandbox virtual world. Players can build, own, and monetize gaming experiences in the Sandbox play-to-earn (P2E) metaverse using SAND.