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Nexus Mutual NXM

Rank #244
$61.344.57%24h

24h range $61.62$62.86

Decentralized Finance (DeFi)InsuranceEthereum Ecosystem

Nexus Mutual price chart · 30D

Nexus Mutual market statistics

Market capitalisation
$103.96M
Fully diluted valuation
$103.96M
24h trading volume
$0
Volume / market capHigher values indicate more active trading
Circulating supply
1.69M NXM
Total supplyMinted so far, including tokens not yet in circulation
1.69M NXM
Max supply
Uncapped
Market cap / FDVBelow 1 means supply is still being released
1.00
All-time high
$185.97
From all-time highSet Nov 10, 2021
-67.02%
All-time low
$6.96
From all-time lowSet Jul 22, 2020
+780.99%
Price in BTC
0.00080078 BTC
Community sentimentCoinGecko user votes, not a measure of fundamentals
On watchlists
11,101 users
Total value lockedAssets deposited in the protocol
$106.47M
Market cap / TVLHow the token is valued against the capital it secures
0.98

About Nexus Mutual

Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code.  The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo. 

Project description supplied by CoinGecko. It reflects the team's own positioning and is not an endorsement.

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