Informations

17.95

USD

Rank #438


WebSite : Nexusmutual.io
Whitepaper : Docs.nexusmutual.io
Domain Age : Registered over 6 years ago

  • 24 hours

    0.64%

  • 30 days

    121.66%

  • ATH

    -86.44%

Wrapped NXM Ratings Score

Last score update : 1 day ago

Wrapped NXM Price live today

Wrapped NXM (WNXM) is currently trading at 17.95 USD and with a circulating supply of 2,726,464 WNXM.
Its market capitalization is 48,812,253 USD.
WNXM price has moved 0.64% in the last 24 hours, with 1,021,378 USD worth of WNXM traded on various exchanges.
Wrapped NXM currently ranks #438 in cryptocurrency rankings based on market capitalization.

About Wrapped NXM (WNXM)

NXM token itself is created solely for internal use within the Nexus Mutual protocol and all of its holders must go through KYC. As such, a wrapped version is created to allow more users to own the token without having to do KYC. In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance. 

To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual. After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform.