AAB Coin Introduction and Project Background
AAB Coin is the exchange token of the AAX cryptocurrency exchange, officially launched in November 2019. AAX Exchange was once known for its technological highlights, being the world's first digital assets exchange to adopt the London Stock Exchange Group (LSEG) Millennium Exchange technology (the same matching engine as the London Stock Exchange). As a core component of the AAX ecosystem, the AAB token aims to connect digital assets with traditional financial markets, retail with professional traders, and deeply integrate into AAX's products and services.
AAB Token Functions and Empowerment
As the exchange token of AAX Exchange, AAB provides holders with several exclusive rights and practical functions:
- Trading Fee Discounts: AAB holders can enjoy trading fee discounts, up to 100%.
- Products and Services: Can be used to purchase social trading subscriptions and access exclusive financial instruments such as index derivatives, tokenized commodities, and security tokens.
- Increased Limits: Users holding more than a certain amount of AAB can obtain higher internal transfer and withdrawal limits.
- Other Privileges: Including product upgrade notifications and discounts on custody services.
Token Economic Model and Burn Mechanism
AAB is an ERC-20 token based on the Ethereum network, with a total supply set at 50,000,000 tokens. AAX Exchange had pledged to implement a buyback and burn mechanism, using 100% of daily trading fee revenue to buy back and burn AAB until the total supply is reduced by half to 25,000,000 tokens. As of now, the circulating supply is approximately 7,500,005 AAB.
Issuance Price and Historical Performance
The initial issuance price of AAB Coin was 1 USDT. During periods of market activity, its price experienced significant fluctuations. AAB's all-time high reached $3.00 on May 13, 2021; its all-time low was $0.0396 on January 27, 2021.
Current Market Status and Risk Warning
As of August 14, 2026, the market activity of AAB Coin is extremely low, with its trading volume displayed as zero or near stagnation on multiple data platforms. Some mainstream information platforms have marked AAB as untradable, and price chart data is unavailable. This indicates that the token has essentially lost liquidity, and the project may have stalled or gone to zero. Given the current lack of an active trading market and reliable data, AAB Coin no longer holds investment value, and its future prospects involve extreme uncertainty and risk. Investors should be highly vigilant about such digital assets with depleted liquidity.
Ways to Acquire AAB Coin
Given that AAB Coin currently has no active trading market, the token can no longer be bought or sold through regular trading platforms. Investors should avoid attempting to find unofficial or unverified channels for trading to prevent asset loss.
