馃 CoinMarketCap Launches CMC20 Index Token on PancakeSwap
馃 CoinMarketCap Launches CMC20 Index Token on PancakeSwap
馃 Top 20 crypto... one token
CMC20 index token is now trading on PancakeSwap via BNB Chain, marking a significant milestone for crypto indexing.
Built by CoinMarketCap and Reserve Protocol, CMC20 offers exposure to the top 20 cryptocurrency assets in a single tradable token.
Key features:
- One-click diversification across major crypto assets
- Onchain index token for transparent tracking
- Live trading on PancakeSwap DEX
This launch provides retail investors with simplified access to a diversified crypto portfolio without managing individual tokens.
$CMC20 is now live on PancakeSwap via @BNBCHAIN 馃 CMC20 is a tradable onchain index token built by @CoinMarketCap and @reserveprotocol, giving you exposure to the top 20 crypto assets in a single ticker
馃殌 Introducing CMC20: Crypto鈥檚 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
PancakeSwap Hosts USDD AMA on Decentralized Stablecoin Mechanics
**PancakeSwap** is hosting a weekly AMA featuring **USDD** (@usddio) on November 18 at 7:00 AM UTC. The session will explore: - How crypto-backed, decentralized systems maintain USD pegs - Transparency improvements in DeFi protocols - USDD's role as a decentralized stablecoin **USDD** operates as a crypto-backed stablecoin with 1:1 swap support through the Peg Stability Module (PSM). Built on Tron and BTTC networks, it provides secure, low-fee DeFi access. The AMA will be hosted alongside @yvchiax on [PancakeSwap's Discord](http://discord.gg/pancakeswap). *Join the discussion to learn about stablecoin mechanics and DeFi transparency.*
馃尵 PancakeSwap Highlights Binance Alpha Base Farms
**PancakeSwap** features five **Binance Alpha** projects on Base network in this week's farms spotlight. Featured liquidity pools include: - **CYPR-USDC** - Cryptocurrency project pairing - **SAPIEN-USDC** - AI/intelligence focused token - **VFY-USDC** - Verification protocol token - **RECALL-USDC** - Memory/data retrieval project - **AVNT-USDC** - Adventure/gaming token All pools are available on [PancakeSwap's Base network](https://pancakeswap.finance) for liquidity provision and farming rewards. The selection highlights **emerging projects** from Binance's alpha program, offering early access to new tokens through decentralized farming opportunities. *Stay updated on new farm launches via their [Telegram channel](https://t.me/pcsliquiditybuffet).*
馃 Pancakes Meet DeFi
Hong Kong web3 community meetup scheduled for **November 22** brings together pancakes, DeFi discussions, and networking opportunities. **Featured Projects:** - Brevis ZK - B虏 Network - EnHeng456 - TinTinLand The casual gathering combines food with blockchain conversations in Hong Kong's growing crypto scene. **Event Details:** - Date: November 22 - Format: Community meetup - RSVP: [Register here](https://luma.com/80qgbv5j) Previous events have drawn significant community participation with token rewards for attendees.
PancakeSwap Burns 1.46M CAKE Tokens Worth $3.71M This Week
**PancakeSwap burned 1.46M CAKE tokens** valued at $3.71M this week, marking a **3% increase** from the previous period. **Burn breakdown by platform:** - AMM v2: 538k CAKE ($1.37M) - down 20% - **AMM v3: 800k CAKE ($2.04M)** - up 26% - AMM Infinity: 24.7k CAKE ($62.9k) - up 39% - Other sources: 94k CAKE ($239k) - down 5% The protocol maintained a **net mint of -1.28M CAKE** (-$3.25M), indicating continued deflationary pressure. **AMM v3 led the burns** with the highest volume, while v2 activity declined. The smaller AMM Infinity showed strong 39% growth. [View burn proof](https://bscscan.com/tx/0xb77ecf576163ba634610e58c53dccfe6d99ed8da2b2a09b14364e8fe5f4aee9e) | [Burn dashboard](http://pancakeswap.finance/burn-dashboard)