While India lacks its own crypto, many of the major tokens are native to Indian exchanges that are built by Indian companies – and are often traded by users, often Indian-owned. Here are the five big cryptos.
1. WRX (WazirX token)
2. GARI (Gari Network)
3. JioCoin (proposed)
4. Polygon ecosystem tokens (MATIC)
5. Tether (USDT‑INR pair)
Note. WRX (Wazirx token) is included with the Finance widget.
1. WRX (WazirX token)
WRX is the strong token of WazirX, an Indian origin crypto exchange that was acquired by Binance in 2019. WRX makes the coin stronger for the citizen using it.
.Trading fee discounts
. Staking rewards & trade‑mining
. Launchpad access & periodic token burns
As of today (July 3, 2025), the price of WRX is trading at around $0.0213 with a market cap of around $8-10 million – seems like a small token globally but is the largest token in the whole of India and a completely Indian crypto token.
2. GARI (Gari Network)
Launched by Biswatma Nayak and Salman Khan, the partners behind the Chingari social video app, valued at $0.002143, GARI is India’s first social crypto token, rewarding creators and viewers on the platform. Built on Solana, GARI has seen rapid adoption in the Indian creator economy since its launch in October 2021. Although the exact market cap varies, it is consistently one of the top tokens associated with India by daily trading volume and platform.
3. JioCoin ( proposed )
Jio Platforms’ future token is a Web3 token launched in November-January by India’s telecom giant Reliance Jio in partnership with Polygon, currently undergoing development in partnership with Polygon Labs. Jio Coin is aimed at blockchain-based finance, supply chain and digital transactions. Although not yet launched, its potential scale backed by Reliance makes it one of the most anticipated Indian crypto initiatives. Josphere is given as a reward to the citizen using the Josphere app.
Importance
This is a viable Web3 navigation and loyalty program that can bring Jio’s massive user base onto the blockchain and bring the Indian digital ecosystem closer to crypto.
4. Polygon (Matic)
Despite being global, Polygon’s ecosystem plays a key role in India: MATIC is not an Indian company. The company is headquartered in Mumbai and its solutions power Indian tokens like GARI and potentially JioCoin. MATIC may not be “Indian” in origin, but it has deep regional integration – putting it in the top 5 India-influenced tokens by daily volume and ecosystem activity
Main Reason
. Provides Ethereum’s layer‑2 scaling solution.
. Many Indian tokens like GARI and JioCoin use Polygon
5. Tether INR (USDT‑INR pair)
While stablecoins like USDT are the most actively traded tokens on Indian exchanges, it is not Indian tokens that facilitate INR-to-crypto transactions. Although not created in India, the USDT-INR pair is the most traded “crypto” on Indian platforms, which is essential for liquidity and trading.
