CoinDesk
The CoinDesk 20 fell 2.6% to 1,941.81 in the session since 4 p.m. ET on Monday, with Stellar (XLM) the day's worst performer at minus 8.4%. AAVE followed as the second-largest laggard, off 3.9%, doing most of the remaining damage on a broadly weaker tape.
Only two of the 20 constituents traded higher: NEAR added 3.2% and ICP rose 0.7%, both of which together offset a fraction of the broader drawdown but left the index firmly negative for the session.
Why it matters
The CoinDesk 20 is a broad-based market-cap-weighted benchmark traded across multiple venues globally, so a 2.6% drop with only two gainers signals broad-based risk-off rather than a single-name move. XLM's outsized 8.4% decline — more than three times the index loss — suggests idiosyncratic pressure on Stellar rather than a sector-wide rotation, while AAVE's laggard print points to weakness bleeding into DeFi blue chips alongside the altcoin pullback.
Market impact
A session with 18 of 20 constituents red and only NEAR and ICP in the green frames a tape where capital is consolidating into a narrow set of outperformers rather than rotating broadly. The next inflection to watch is whether XLM holds its drawdown or bounces with the broader market into the next session.
Frequently asked questions
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What is the CoinDesk 20's current level and daily change?
The CoinDesk 20 was trading at 1,941.81, down 2.6% (-51.57) since 4 p.m. ET on Monday, June 2, 2026.
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Which assets led the CoinDesk 20 lower in this session?
Stellar (XLM) was the worst performer at minus 8.4%, followed by AAVE at minus 3.9% — the two heaviest drags on the index.
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Which CoinDesk 20 constituents traded higher?
Only two of the 20 assets were green: NEAR gained 3.2% and ICP rose 0.7%.
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What does a 2.6% drop with 18-of-20 red signal about market conditions?
It points to broad-based risk-off across the index rather than an isolated single-name move, with XLM's 8.4% drop standing out as idiosyncratic.
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What is the CoinDesk 20 index?
It is a broad-based, market-cap-weighted crypto index traded across multiple platforms in several regions globally, designed to track leaders and laggards across the market.
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