Nexus Mutual (NXM)

Nexus Mutual (NXM)

Coin Information

Flag of United Kingdom United Kingdom (GB)
Blockchain icon Blockchain: Ethereum
Ticker icon Ticker: NXM
Type icon Type: Token
Company icon Company: NOIA NETWORK LIMITED
Asset or Contract address icon Contract:

Market Cap

Fully Diluted Valuation

Coin Supply

Circ icon Circ.: 6 909 508(100%)Question Mark Icon
Total icon Total: 6 909 508
Max icon Max: 6 907 853

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About Nexus Mutual

Nexus Mutual (NXM) is an insurance alternative for the cryptocurrency industry and beyond. With a focus on providing deep capacity and complete transparency, Nexus Mutual has underwritten over $4 billion in cover, paid out over $17 million in claims, and maintained an active cover worth $69 million. The platform offers comprehensive cover for various risks, including protocol failures, penalties and missed rewards for ETH validators, depegging events for interest-bearing tokens, and losses on centralized exchanges. Additional cover options, such as D&O cover and real world risk protection, are coming soon.

Nexus Mutual operates as a member-powered insurance alternative, where experts manage pooled capital, underwrite risk, and provide cover within a globally accessible risk marketplace. Members can purchase cover products to protect against supported risks, with cover capacity sourced from staking pools. Risk is assessed and managed in individual staking pools, allowing members with expertise to create pools, manage staked NXM, underwrite risk, and earn fees. In the upcoming V2 release, members will also have the ability to delegate their staked NXM, provide liquidity to risk experts, and earn rewards when others purchase cover.

The security of the Nexus Mutual protocol is a top priority, with the code being reviewed by industry-leading auditors. The team collaborates with Immunefi to manage a bug bounty program, incentivizing responsible vulnerability disclosures. Nexus Mutual strives to keep users informed through weekly updates, ensuring transparency and trust within its risk marketplace. For more information, users can access the platform’s analytics, documentation, and developer resources. Nexus Mutual also prioritizes governance, careers, and maintaining a strong brand identity.

Frequently Asked Questions

We currently have no price information of Nexus Mutual NXM available.
The circulating supply of Nexus Mutual is 6909508.
The total supply of Nexus Mutual is 6909508.
The max supply of Nexus Mutual is 6907853.
Nexus Mutual is based in: United Kingdom.
Nexus Mutual is a token running on the Ethereum blockchain.
The contract address of Nexus Mutual is 0xd7c49cee7e9188cca6ad8ff264c1da2e69d4cf3b.

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