CoinMarketCap 20 Index DTF Offers Broad Crypto Exposure

The CoinMarketCap 20 Index DTF (CMC20) is a liquid index token powered by the Reserve protocol that provides diversified exposure to the top 20 non-pegged cryptocurrency projects by market capitalization.

It functions as an RToken, meaning it's 100% collateralized by the basket of digital assets it tracks. The index methodology excludes stablecoins, wrapped tokens, and assets with limited investability to provide a broad representation of the crypto market.

The protocol charges an annualized TVL (Total Value Locked) fee of 0.3% and a 0.3% minting fee, which are used to incentivize RSR governors who secure the network. The rebalancing process occurs monthly, during which the basket of collateral is updated to match the new rankings from CoinMarketCap.