There are a lot of popular Ethereum tokens, but here is a top 24 ERC20 token list. Once you can answer, what is an ERC20 token, it’s important to know how many ERC20 tokens there are, and which have the highest market caps.
There are more than 140,000 ERC20 token contracts. In reality, however, the vast majority of those are inactive or so little-used that they don’t really count. It’s only near the top of the ERC20 token list that you encounter the real players. And some of them are substantial, generating billion and multi-million dollar market caps and massive transaction volumes.
The following is an ERC20 token list by market capitalization.
1. BNB (BNB)
Market Cap: $1,018,500,000*
The Binance Coin (BNB). This is the native currency of Binance, one of the most popular cryptocurrency trading platforms. It is also the crypto on our ERC20 token list with the highest market cap.
*Market caps are rounded to the nearest 100 thousand and prices are rounded to the nearest thousandth.
2. VeChain (VEN)
Market Cap: $438,200,000
VEN is the token belonging to the VeChain ecosystem. Users utilize the token to pay for or receive payments for services and products.
3. Maker (MKR)
Market Cap: $418,600,000
MKR is the token of the Maker DAO, a decentralized autonomous organization on the Ethereum blockchain. Maker stabilizes/minimizes the volatility of DAI, the DAO’s stablecoin.
4. OmiseGO (OMG)
Market Cap: $381,2o0,000
OMG powers the OmiseGo proof-of-stake consensus mechanism. More broadly, OmiseGo is a platform for bringing financial services to those without access through the Ethereum blockchain.
5. 0x (ZXR)
Market Cap: $298,900,000
0x is a huge project, and its unique Ethereum token is ZXR. Users utilize this token to pay Relayers’ trading fees and to operate decentralized governance within the protocol.
6. Basic Attention Token (BAT)
Market Cap: $257,100,000
The Basic Attention Token (BAT) can be used with the Brave browser for different advertising services. It was designed to provide advertisers with better data all while protecting users’ privacy.
7. Zilliqa (ZIL)
Market Cap: $211,800,000
ZIL is the token of the Zilliqa project, which aims to improve smart contracts buy building a new language for them.
8. Aeternity (AE)
Market Cap: $208,200,000
AE is a utility token for the Aeternity DApp ecosystem, a smart contract platform that uses oracles and prioritizes security
9. ChainLink Token (LINK)
Market Cap: $172,100,000
On the ChainLink decentralized oracle network, users provide data feeds or APIs directly to smart contracts in exchange for LINK tokens. Recently, LINK, TUSD, PAX and others, all of which are Ethereum tokens, experienced some of the market’s biggest price moves. This is why LINK is on our 24 ERC20 token list.
10. Pundi X Token (NPSX)
Market Cap: $170,600,000
This token on our top 24 ERC20 token list represents Pundi X Rewards, a system through which retailers and customers can redeem tokens through transactions. To date, NPSX has a market cap of over $170 million, putting it on our top 24 ERc20 token list.
11. TrueUSD (TUSD)
Market Cap: $161,400,000
TUSD is a USD-backed stablecoin and the top stablecoin by market cap on this top 24 ERC20 token list.
12. Bytom (BTM)
Market Cap: $159,600,000
Within the Bytom ecosystem, BTM is a utility token that handles transaction fees, dividends and asset issuance deposits.
13. Aurora (AOA)
Market Cap: $152,500,000
Aurora is a smart contract platform, and AOA is the ERC20 utility token on the platform.
14. USD Coin (USDC)
Market Cap: $144,300,000
USDC is a stablecoin pegged 1:1 with the U.S. dollar. It’s also one of the top 24 cryptos on our ERC20 token list. In other words, a stablecoin can be a token.
15. Populous (PPT)
Market Cap: $139,300,000
Different from Pokens, which is a 1:1 USD stablecoin on Populous, PPT is a platform token. PPT is primarily an investment vehicle specializing in invoice investments.
16. Paxos Standard (PAX)
Market Cap: $135,400,000
PAX is a dollar-backed stablecoin with New York Department of Financial Services approval.
17. Golem (GNT)
Market Cap: $116,200,000
Price : $0.121
Using GNT, users can rent their spare computing power to users needing more power for complex or resource-intensive tasks.
18. Reputation (REP)
Market Cap: $120,100,000
REP is the ERC20 token underlying the Augur platform, which is an open-source prediction market.
19. HoloToken (HOT)
Market Cap: $105,200,000
HOT is a crypto on our ERC20 token that supports operations on the Holochain smart contract and dApps platform. What is a DApp? It’s a decentralized application.
20. StatusNetwork (SNT)
Market Cap: $103,200,000
SNT is one of the tokens used across the Ethereum platform. It enables messaging, and this crucial function has created its value as a token.
21. IOSToken (IOST)
Market Cap: $96,300,000
IOST is the ERC20 token for an internet of things platform built on Ethereum. The token is temporary and will convert 1:1 to its own currency once the IOST blockchain is online.
22. Decentraland (MANA)
Market Cap: $86,300,000
Decentraland is one of the few Ethereum platforms on our ERC20 token list that users entirely and completely own. MANA is how users “claim” part of Decentraland and interact with other users.
23. Waltonchain (WTC)
Market Cap: $84,400,000
WTC is the token for the WaltonChain application system, which integrates with RFID chip hardware.
24. WAX Token (WAX)
Market Cap: $84,400,000
WAX is a platform utility token governed by a Delegated Proof of Stake (DPoS) consensus mechanism.
The Most Popular Ethereum Token
The top 24 ERC20 token list is a competitive space, with different tokens jostling for higher positions. ERC20 tokens are the most popular vehicle for cryptocurrency startups today, generating billions of dollars of transaction activity for a virtually limitless range of uses and applications. This ERC20 token list focuses on the top market caps, but it barely scratches the surface of the ERC20 token market.