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Rank #130

WebSite :
Whitepaper :
Domain Age : Registered over 6 years ago

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  • 30 days


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Nexus Mutual Ratings Score

Last score update : 2 days ago

Nexus Mutual Price live today

Nexus Mutual (NXM) is currently trading at 45.73 USD and with a circulating supply of 6,773,176 NXM.
Its market capitalization is 309,767,654 USD.
NXM price has moved 5.14% in the last 24 hours, with 2,205 USD worth of NXM traded on various exchanges.
Nexus Mutual currently ranks #130 in cryptocurrency rankings based on market capitalization.

About Nexus Mutual (NXM)

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.