Nexus Mutual Price (NXM)
Nexus Mutual Price (NXM)
1 NXM to USD Live Price:
Nexus Mutual Price Today
The live Nexus Mutual (NXM) price today is $ 73.44, with a 6.04% change over the past 24 hours. The current NXM to USD conversion rate is $ 73.44 per NXM.
Nexus Mutual currently ranks #- by market capitalisation at $ 138,588,771, with a circulating supply of 1.88M NXM. During the last 24 hours, NXM traded between $ 73.5 (low) and $ 78.34 (high), reflecting market activity. Its all-time high stands at $ 185.97, while the all-time low was $ 6.96.
In short-term performance, NXM moved -0.17% in the last hour and +0.17% over the past 7 days. Over the past day, total trading volume reached --.
Nexus Mutual (NXM) Market Information
The current Market Cap of Nexus Mutual is $ 138.59M, with a 24-hour trading volume of --. The circulating supply of NXM is 1.88M, with a total supply of 1882742.304675374. Its Fully Diluted Valuation (FDV) is $ 138.59M.
Nexus Mutual Price History USD
-0.17%
-6.03%
+0.17%
+0.17%
Nexus Mutual (NXM) Price History USD
During today, the price change of Nexus Mutual to USD was $ -4.73054840854924.
In the past 30 days, the price change of Nexus Mutual to USD was $ +0.2359113120.
In the past 60 days, the price change of Nexus Mutual to USD was $ +6.8491025280.
In the past 90 days, the price change of Nexus Mutual to USD was $ -15.42920800132246.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -4.73054840854924 | -6.03% |
| 30 Days | $ +0.2359113120 | +0.32% |
| 60 Days | $ +6.8491025280 | +9.33% |
| 90 Days | $ -15.42920800132246 | -17.36% |
Price Prediction for Nexus Mutual
In 2040, the price of Nexus Mutual could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalised analysis, users can utilise MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Nexus Mutual will reach in 2026–2027? Visit our Price Prediction page for NXM price predictions for the years 2026–2027 by clicking Nexus Mutual Price Prediction.
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.
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.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Nexus Mutual (NXM) Resource
About Nexus Mutual
What is Nexus Mutual?
Nexus Mutual is a decentralized insurance alternative that allows members to join and share risk. Members can purchase cover products that protect against different kinds of risk, such as smart contract risk for major DeFi protocols (Protocol Cover), ETH slashing risk, and more. Protocol Cover provides protection against a loss of funds due to hacks, exploit, oracle manipulation, liquidation failures, or governance attacks. The Nexus Mutual protocol is built on Ethereum and provides the infrastructure for members to buy cover, underwrite risk, assess claims, and build risk management businesses.
What is the NXM token?
The NXM token is the governance and utility token backed by crypto assets held in the Nexus Mutual capital pool contract. It is used to buy cover, vote on governance decisions, and participate in Risk and Claims Assessments. It is also used to encourage capital provision and represents ownership to the mutual’s capital pool. As the mutual’s capital pool increases, the value of NXM will increase as well. The token’s price is determined using a Ratcheting AMM (RAMM), which is affected by both the amount of capital the mutual has and the amount of capital it needs to meet all claims with a certain probability. The NXM token is not traded on any exchange and is only used as an internal token for Nexus Mutual. To obtain the NXM token, one must register as a member of Nexus Mutual and go through the platform’s KYC and AML processes. There is a "wrapped" version of the NXM token called Wrapped NXM (wNXM) that is freely transferable and can be bought on the open market through cryptocurrency exchanges. How to check the financial health status of the Nexus Mutual protocol? Relevant on-chain financial metrics can be found in the Nexus Mutual Dune dashboards. How are covers priced? The price of cover is based on several criteria such as: Cover Amount
Cover Period
The price of cover set by the staking pool manager(s) How is risk assessment done on Nexus Mutual? NXM holders can participate in risk assessment as NXM stakers, who stake and delegate their NXM to an existing staking pool, or as Staking Pool Managers, who launch their own staking pool and use the NXM in their pool (their own NXM and NXM delegated by other members) to stake against cover products, determine the available capacity, and set the price of the cover offered by their pool. How to make a claim on Nexus Mutual? When a loss event occurs, Nexus Mutual users who held active cover can submit a claim. They can do so by submitting a claim directly in the Nexus Mutual user interface.
What is the live price of Nexus Mutual?
Nexus Mutual is trading at £54.573635349360000, showing a price movement of -6.03% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.
How volatile is NXM today?
The price volatility of NXM within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.
What is the 24-hour trading range for Nexus Mutual?
The token fluctuated between £54.61822165275000 (low) and £58.214850126210000 (high). Traders often use this to evaluate daily momentum and market strength.
How much trading volume has NXM generated?
In the last 24 hours, NXM accumulated £-- in trading activity, showing how actively the market is engaging with this asset.
How does the current price compare to its ATH and ATL?
The all-time high is £138.195247357305000, and the all-time low is £5.172011193240000. Comparing current price to these levels helps traders understand long-term cycles.
How strong is market liquidity for Nexus Mutual?
Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.
How does NXM compare to other Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem tokens?
Within the Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem category, NXM shows competitive performance, supported by £-- in liquidity and ongoing interest from traders.
People Also Ask: Other Questions About Nexus Mutual
Nexus Mutual (NXM) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 01-20 22:09:49 | Industry Updates | Spot gold surged in the short term, breaking through $4,740/oz, hitting a new high |
| 01-20 13:14:57 | Industry Updates | Trump Comments on EU Tariffs, Gold Breaks New All-Time High, Bitcoin Drops Briefly |
| 01-19 16:31:41 | Industry Updates | Privacy Sector Sees Relay Rally, DUSK Surges Over 120% in a Single Day |
| 01-19 08:14:46 | Industry Updates | European and US Tariff Threats Resurface, Crypto Market 'Flash Crashes' Monday Morning |
| 01-19 07:38:00 | Precious Metals | Spot Gold and Silver Both Hit New All-time Highs |
| 01-18 14:28:43 | Industry Updates | Crypto Market Sentiment Remains "Neutral," Showing Overall Recovery from Previous Levels |
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Disclaimer
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