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Nexus Mutual

Nexus Mutual NXM

$63.0000 0.00% #247
Insurance
Open chart
Market cap$106.77M
24h volume$0.00
1h change-1.20%
24h change0.00%
7d change+24.20%
From ATH-66.12%

Chart

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Range—
Price$63.0000
Low—
High—

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. 

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. 

Converter

— The calculation uses the latest available market price.

Coin news

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FAQ about Nexus Mutual

What is the current price of Nexus Mutual?

Nexus Mutual (NXM) is currently trading near $63.0000 (about 5,448.24 ₽). The price is almost flat over the last 24 hours. Its market cap stands at $106.77M, 24h volume is $0.00, and its market-cap rank is #247.

How has the price of NXM moved recently?

Over the last 1 hour the price is down 1.20%. The price is almost flat over the last 24 hours. Over the last 7 days the price is up 24.20%. Use these moves together with the chart and latest headlines on the coin page for context.

What are the historical extremes for Nexus Mutual?

Nexus Mutual (NXM) reached its all-time high at $185.9700 on Nov 10, 2021. Its all-time low was $6.9600 on Jul 22, 2020. The current price is 66.12% versus ATH and 804.84% versus ATL.

Which market segments does Nexus Mutual belong to?

Nexus Mutual is most commonly grouped into segments such as Insurance. That gives a quick clue about its use cases and the peers it should be compared with. If funding-round data becomes available, it will appear on this page as well.

What should you watch before making a decision on NXM?

Start with liquidity ($0.00 in 24h), distance from ATH (66.12%), the weekly trend, and the latest headlines. For Nexus Mutual (NXM), it helps to compare the chart, key metrics, and recent stories: the page currently shows 0 fresh items.