Key Takeaways
- MEXC has listed CoinMarketCap’s official index token, CMC20, in its Innovation Zone, making it accessible beneath the CMC20/USDT buying and selling pair from November 19, 2025.
- CMC20 is a brand new tradable crypto index token by CoinMarketCap that tracks the market efficiency of the highest 20 largest cryptocurrencies by market capitalization.
- Newest updates point out that the deposits on CMC20 are already open, and withdrawals might be accessible on November 20, 2025, at 08:00 UTC.
- MEXC is the primary to record Reserve Protocol-powered CMC20, making it accessible for each institutional and retail merchants.
CMC20, CoinMarketCap’s official index token, is now formally listed on the MEXC change as of November 19, 2025. The index token, powered by Reserve Protocol, might be accessible beneath the CMC20/USDT buying and selling pair. CMC20 is a tradable crypto index token launched by CoinMarketCap and Reserve Protocol, offering the info monitoring of the highest 20 largest cryptocurrencies by market capitalization. The coin is designed for each retail and institutional buyers, providing a diversified and accessible technique to achieve broad market publicity by a single commerce.
The identify “CMC20” itself signifies that the coin has one thing to do with the quantity 20. It tracks the highest 20 digital belongings by market capitalization and excludes stablecoins and wrapped tokens. Privateness-focused cash equivalent to Monero are additionally excluded since they’re banned in some jurisdictions and resulting from regulatory restrictions. MEXC introduced on its official web site that it will record the CMC 20 Index DTF (CMC20) within the Innovation Zone and open buying and selling for the CMC20/USDT buying and selling pair. They talked about that the particular timeline was proven beneath, stating that deposits had opened, buying and selling for CMC20/USDT within the Innovation Zone would begin on November 19, 2025, at 08:00 (UTC), and withdrawals could be accessible on November 20, 2025, at 08:00 (UTC).
CMC20, the diversified token, was developed in partnership with Reserve Protocol and deployed by Lista DAO. The token was suitable with permissionless minting and redemption, spot buying and selling on decentralized change platforms like PancakeSwap and Belief Pockets. Now with the MEXC itemizing, it enhances CMC20’s buying and selling accessibility to a broader consumer base and makes the entry simple right into a diversified crypto portfolio with a single commerce. Its look on a centralized change(CEX) like MEXC will improve credibility and enhance liquidity and accessibility.
What’s CMC20 and How Does It Work?
CMC20 is a brand new, superior DeFi-native index token developed by CoinMarketCap to trace the 20 largest, most liquid cryptocurrencies by market capitalization. It excludes stablecoins and wrapped belongings and features utilizing Reserve Protocol’s framework, permitting customers to mint CMC20 tokens and allow the token to be backed by a pool of belongings and rebalance on a selected interval foundation. The index might be rebalanced month-to-month to be suitable with the adjustments in market capitalization, making it extra dynamic and appropriate for the fluctuating cryptocurrency market.
MEXC outlined CMC20 that it was a liquid index token powered by Reserve Protocol that tracked the CoinMarketCap 20 Index. They defined that the CMC20 Index was a benchmark designed to measure the efficiency of the highest 20 cryptocurrency initiatives by market capitalization, as ranked by CoinMarketCap, and that it excluded stablecoins (i.e., USDT), tokens that have been pegged to different crypto belongings (i.e., WBTC or stETH), and belongings with restricted investability.
CMC20 is a totally on-chain token constructed on the BNB Chain, permitting merchants to get permissionless and tradable publicity to a diversified crypto portfolio. Specialists discover that the CMC20 could be a game-changer as a result of a single token may give publicity to the highest 20 crypto belongings, and it reduces volatility in comparison with holding particular person tokens. The benefit of use is one other issue that showcases its functionality; with CMC20, customers don’t have to handle a number of wallets or manually rebalance. An vital benefit of CMC20 is that it affords conventional buyers a well-recognized index-style product as they initially enter the crypto market.
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