Definition
A governance token gives holders voting rights on protocol decisions. Learn how governance tokens work in DeFi and blockchain.
Why It Matters
Understanding Governance Token helps you read crypto market data more accurately and make better-informed decisions when comparing coins, projects, and on-chain activity.
Where You'll See It
Governance Token appears throughout cryptocurrency analytics on Crypto Market Watch — including coin profiles, rankings, and other glossary entries. Continue with related glossary terms or read the longer-form learn articles for deeper context.