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 $ 72.8, with a 2.87% change over the past 24 hours. The current NXM to USD conversion rate is $ 72.8 per NXM.
Nexus Mutual currently ranks #- by market capitalization at $ 138,586,083, with a circulating supply of 1.90M NXM. During the last 24 hours, NXM traded between $ 71.61 (low) and $ 77.43 (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 +0.80% in the last hour and -4.47% 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 1.90M, with a total supply of 1904804.38898616. Its Fully Diluted Valuation (FDV) is $ 138.59M.
Nexus Mutual Price History USD
+0.80%
-2.86%
-4.47%
-4.47%
Nexus Mutual (NXM) Price History USD
During today, the price change of Nexus Mutual to USD was $ -2.15017428886469.
In the past 30 days, the price change of Nexus Mutual to USD was $ -3.9937352000.
In the past 60 days, the price change of Nexus Mutual to USD was $ -11.9748064800.
In the past 90 days, the price change of Nexus Mutual to USD was $ -20.25055696603024.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -2.15017428886469 | -2.86% |
| 30 Days | $ -3.9937352000 | -5.48% |
| 60 Days | $ -11.9748064800 | -16.44% |
| 90 Days | $ -20.25055696603024 | -21.76% |
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 personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Nexus Mutual will reach in 2025–2026? Visit our Price Prediction page for NXM price predictions for the years 2025–2026 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 current trading price of Nexus Mutual?
Nexus Mutual (NXM) is currently priced at $72.8 USD, reflecting a price movement of -2.86% over the last 24 hours. This price represents the latest aggregated market rate across major exchanges and updates continuously based on live market activity.
What factors are influencing Nexus Mutual's price movement today?
The recent price movement over the last 24 hours is shaped by a combination of market sentiment, liquidity fluctuations, and category-wide performance within the Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem sector. Broader economic trends and on-chain activity on -- may also contribute to short-term volatility.
How strong is the trading interest in NXM?
Investors have generated $-- in 24-hour trading volume, signaling active participation. Higher volume typically indicates increased confidence and better price discovery.
What is Nexus Mutual's position in the global crypto market?
It currently holds market rank #351 with a market capitalization of $138586083, placing it among the more established assets within its sector.
What does the circulating supply tell us about NXM?
With 1904804.38898616 tokens in circulation, the supply level plays a major role in determining scarcity, long-term inflation, and market valuation.
How does today's price compare to Nexus Mutual's recent performance?
The price range between $71.61 and $77.43 over the last 24 hours highlights its intraday volatility and helps traders evaluate short-term price opportunities.
How does Nexus Mutual stack up against similar assets?
Against other Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem tokens, NXM continues to show competitive performance, supported by steady volume and consistent interest from both retail and institutional participants.
People Also Ask: Other Questions About Nexus Mutual
Nexus Mutual (NXM) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-15 15:51:37 | Industry Updates | UK Treasury is Developing New Regulations for the Crypto Market |
| 12-15 07:04:00 | Industry Updates | In the past 24 hours, total liquidations across the market reached $311 million, with long positions accounting for $265 million in liquidations |
| 12-14 19:51:38 | Industry Updates | 24-hour Spot Capital Inflow/Outflow Ranking: BTC Net Outflow of $151 Million, ETH Net Outflow of $42 Million |
| 12-14 15:58:11 | Industry Updates | This week, the crypto sector received $176 million in new funding, with total crypto funding exceeding $25 billion this year |
| 12-12 15:52:17 | Industry Updates | Data: Bitcoin whales have sold or transferred 36,500 BTC this month |
| 12-12 08:40:19 | Industry Updates | US SEC Chairman: Crypto Currency Working Group to Host Roundtable on May 15 to Discuss Policy Issues Related to Financial Monitoring and Privacy |
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.