Key Metrics
Market Cap$62.66m
$NMR Price$9
$95.68m
$NMR Volume 24h$6m
CEX Volume$4.28m
DEX Volume$2.24m(37.26% of total)
$NMR Liquidity$253,591
Uniswap V3$253,591
Total Raised$30m
Nov 20, 2025$30mRound: Series CInvestors: Union Square Ventures, Placeholder, CoinFund, Paul Tudor Jones, Shine Capital
Protocol Information
A new kind of hedge fund built by a network of data scientists
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is Erasure?
A new kind of hedge fund built by a network of data scientists
What is Erasure's TVL?
Erasure currently has $1,833.39 in total value locked. TVL has decreased 54.2% over the past 30 days.
What chains does Erasure operate on?
Erasure operates on Ethereum. Ethereum holds the largest share at 100%.
What is the NMR token price and valuation?
NMR is currently trading at $9. Its circulating market capitalization is $62.66m, ranking it #505. Its fully diluted valuation is $95.68m. Supply currently stands at 6.96m circulating, 10.63m total supply, 11m maximum supply.
How has NMR performed recently?
NMR is up 11% over the past 7 days and down 2.5% over the past 30 days. Its all-time high is $93.15, reached on May 16, 2021. The token is currently 90.3% below that level.
How does Erasure's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Erasure ranks #197 by TVL. The category holds $2.014b across 419 protocols, and Erasure accounts for <0.1% of that total. Other leading protocols include Derive V2, Extended Perps, AZverse Perps, dYdX V3, Apex Omni, Aevo Perps, Contango V2, Hakka Finance, Keep3r Network, and Strike Finance Perpetuals.