Dogecoin left out of new CME index despite market cap a third larger than Chainlink
- —CME CF Emerging Crypto Index bundles 10 assets: BNB, XRP, SOL, HYPE, LINK, XLM, SUI, UNI, AVAX, AAVE
- —DOGE market cap is $13.2 billion versus $9.97 billion for LINK; daily turnover $780 million versus $404 million
- —Memecoins are explicitly excluded, and the Dogecoin blockchain cannot run applications, leaving TVL near zero
- —Indicative weights: BNB 32.0%, XRP 27.6%, SOL 18.5%, HYPE 14.6%, remaining six assets share 7.3%
Why it matters: CME indices underpin futures and basket products, so Dogecoin's exclusion limits institutional inflows into the asset.
Source: CryptoTicker