Crypto News: CMC20 Launches as First DeFi-Enabled Tradable Crypto Index Token on BNB Chain
The post Crypto News: CMC20 Launches as First DeFi-Enabled Tradable Crypto Index Token on BNB Chain appeared on BitcoinEthereumNews.com.
reoverCMC20 launches on BNB Chain as a DeFi-native index token offering diversified exposure to top crypto assets. CoinMarketCap has launched CMC20, a DeFi-enabled tradable crypto index token built on BNB Chain. The new asset offers broad exposure to the top 20 cryptocurrencies through a single transaction. It aims to simplify market access for users navigating an increasingly crowded landscape. Moreover, CMC20 enters the market with full ecosystem support across trading, minting, and integrations. CMC20 Tracks Top 20 Crypto Assets for Broader Market Access CMC20 tracks the largest cryptocurrencies by market capitalization, excluding stablecoins and restricted assets. 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. CoinMarketCap developed the product to address increased noise in the digital asset space. More than 27 million tokens exist, and roughly 50,000 new assets launch each day. CMC20 aims to filter this overload by delivering a transparent, rules-based index for users seeking stability. The project uses Reserve Protocol to support minting and redemption, ensuring consistent onchain tracking. 🚀 Introducing CMC20: Crypto’s First DeFi-Enabled Tradable Index Token. CoinMarketCap is proud to announce $CMC20, the first DeFi-native tradable crypto index token on @BNBCHAIN. Your single-trade gateway to diversified exposure across the top 20 crypto assets. Built in… pic.twitter.com/5oIfjJeBKw — CoinMarketCap (@CoinMarketCap) November 17, 2025 BNB Chain Chosen for Liquidity, Efficiency, and DeFi Composability CMC20 is native to BNB Chain due to its high liquidity, low fees, and transparent infrastructure. The network’s permissionless access allows smooth integration across decentralized platforms. Celer Network supports bridging for index components, enabling timely updates when assets change. Lista DAO manages deployment, positioning CMC20 within the broader…
Filed under: News - @ November 18, 2025 6:24 am