Nexus Mutual NXM
#286$57.73−2.4% 24hMarket cap $89.6M
Overview
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Best flexible rates
No Earn products for NXM right now
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Active launchpools
No active launchpools with NXM right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
None of the 11 exchanges on Polarly has Earn products or launchpools with NXM
About Nexus Mutual
- Market cap
- $89.6M
- #286 on the market
- Circulating
- 1.55M NXM
- no max supply
- All-time high
- $186
- 10 Nov 2021 · −69.0% from ATH
- All-time low
- $6.96
- 22 Jul 2020
- Type
- DeFi
- Decentralized Finance (DeFi)
- Insurance
- Ethereum Ecosystem
Website ↗ · Explorer ↗ · X ↗
Project description
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.
Read more
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.
Source: CoinGecko
Earn on NXM
No Earn products for NXM on the 11 exchanges right now
Questions and answers
- What is 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. Categories: Decentralized Finance (DeFi), Insurance, Ethereum Ecosystem.
- How many NXM are there and what is the maximum supply?
- 1.55M NXM are in circulation; the maximum supply is not capped.
- What is the all-time high price of NXM?
- $186 (10 Nov 2021). This is a historical value, not the current price. The price is now $57.73, 69.0% below the high.
Launchpools with NXM
There have been no launchpools with NXM