There are 5 main native tokens on the Solana public chain: SOL: native token, used to pay transaction, staking and governance fees. SRM: The token of the Serum exchange, used to pay for transactions, staking and discounts. RAY: The token of the Raydium exchange, used to pay for transactions, staking, and rewards. FTT: A token of the FTX exchange that can be used on Solana to pay for trades, staking, and discounts. MAPS: The token for the Maps.me map application, used to pay for geographical data, staking and governance rights.
Solana Public Chain Token
Solana is a high-performance blockchain with a strong ecosystem and a wide range of tokens Coin support. The following lists the main native tokens on the Solana public chain:
1. SOL
- Solana’s native token, used to pay transaction fees, pledges and participation Network governance.
- SOL is the primary means of value exchange and storage in the Solana ecosystem.
- As of February 2023, SOL is a top 10 cryptocurrency by market capitalization.
2. SRM
- Serum (SRM) token is the native token of the decentralized exchange Serum on Solana.
- SRM is used to pay trading fees, stake and obtain trading discounts.
- Serum is one of the largest decentralized exchanges on Solana.
3. RAY
- Raydium (RAY) token is the native token of the decentralized exchange Raydium on Solana.
- RAY is used to pay transaction fees, stake, and receive trading rewards.
- Raydium is one of the most popular decentralized exchanges on Solana.
4. FTT
- FTX Token (FTT) is the native token of the FTX exchange and can be used on the Solana public chain.
- FTT is used to pay trading fees, stake, and receive trading discounts.
- FTX is one of the largest cryptocurrency exchanges in the world.
5. MAPS
- Maps.me Token (MAPS) is the native token of the Maps.me map application and can be used on the Solana public chain used on.
- MAPS is used to pay for geodata services, stake, and gain governance permissions.
- Maps.me is one of the most popular offline map applications in the world.
Other tokens
In addition to the main tokens mentioned above, there are many other tokens on the Solana public chain, including:
- Bonfida Token (BONF)
- Orca Token (ORCA)
- StepN Token (GMT)
- Saber Token (SBR)
- Jupiter Tokens (JUP)
These tokens provide a wealth of functionality and utility to the Solana ecosystem, from decentralized exchanges to mobile apps to gaming and staking.
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