CMC20 tracks the largest cryptocurrencies by market capitalization, excluding stablecoins.
The token covers key sectors, including layer-1 networks, infrastructure protocols, exchange tokens, and major DeFi assets.
This structure creates a single benchmark that reflects the core of the crypto market.
CMC20 serves as a crypto equivalent to traditional market indexes which offer diversified exposure.
The project uses Reserve Protocol to support minting and redemption, ensuring consistent onchain tracking.
BNB Chain was chosen for liquidity, efficiency, and DeFi composability.
Celer Network supports bridging for index components, enabling timely updates when assets change.
PancakeSwap supports trading, while the Reserve dApp powers minting and redemption for users.
The new asset offers broad exposure to the top 20 cryptocurrencies through a single transaction.
Lista DAO manages deployment, positioning CMC20 within the broader BNBFi ecosystem.
The token benefits from the chain’s deep liquidity pools and broad user base, reducing transaction costs for investors entering or exiting the index.
These features are intended to make CMC20 a scalable benchmark product.
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