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Don't remind me again today

Just spotted something interesting—CMC20 dropped as what they're calling the first DeFi-enabled tradable index token in crypto.



Basically it's an index token running on BNB Chain that gives you exposure to the top 20 crypto assets in one trade. CoinMarketCap built this thing to let people get diversified allocation without buying each coin separately.

The DeFi-native angle means it's fully on-chain and tradable like any other token. Pretty clean solution if you want broad market exposure without managing 20 different positions.

Anyone digging into how the rebalancing mechanism works? Curious how they're handling the weight distribution across those top 20 assets.
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WagmiWarriorvip
· 2h ago
ngl this thing feels a bit like a waste, is it really just for being too lazy to choose a coin?
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BearMarketBuyervip
· 11h ago
Uh... CMC20 really makes things easier, a single token handles the top twenty, saving me the trouble of clicking around every day.
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0xSunnyDayvip
· 11h ago
ngl this thing sounds good, but can the rebalancing part really run smoothly?
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LiquidatedAgainvip
· 11h ago
Once again being liquidated, I look at this thing... a basket of 20 coins packaged and sold on-chain, sounds great, but I wonder if the borrowing rate will suddenly skyrocket when rebalancing.
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StealthMoonvip
· 11h ago
CMC really simplified the process, no need to buy them one by one.
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SignatureCollectorvip
· 12h ago
This indexed Token sounds good, but can it really compete with a curated selection?
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RugPullProphetvip
· 12h ago
It's another new trick from CMC... This time it's an index token, right?
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