CoinMarketCap has introduced an on-chain index token that provides unique trading access to the top 20 cryptocurrencies.
US-headquartered CoinMarketCap, which provides real-time data on thousands of cryptocurrencies, has launched CMC20, a DeFi native index token that tracks the 20 largest cryptocurrencies by market capitalization. CMC20 rebalances monthly and excludes stablecoins, wrapped tokens and liquidity-constrained assets. Built on Reserve’s platform for decentralized token folios, CMC20 aggregates multiple assets into a single token and is deployed on BNB Chain. The product gives


