CMC20 is an on-chain index token designed to provide single-trade exposure to the top 20 cryptocurrencies by market capitalization. It is described as a DeFi-native index that tracks the 20 largest cryptocurrencies by market cap and rebalances on a monthly cadence. The token excludes stablecoins, wrapped tokens, and assets with limited liquidity to maintain tradable liquidity. CMC20 is built on Reserve’s platform for decentralised token folios, enabling multiple assets to be bundled into a single token, and is deployed on BNB Chain.

SPONSORED

Leave a Reply

Sponsored

More Articles

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading