Ask about Nexus Mutual · freeTotal Value Locked$99.65m
TVL by Chain
Ethereum$99.65m
Key Metrics
Fees 30d$152,729
Fees 30d by chain
Ethereum$152,729
Fees 7d$49,618
Ethereum$49,618
Fees 24h$18,575
Ethereum$18,575
Cumulative Fees$17.4m
Ethereum$35.41m
Revenue 30d$76,366
Revenue 30d by chain
Ethereum$76,366
Revenue 7d$24,810
Ethereum$24,810
Revenue 24h$9,288
Ethereum$9,288
Cumulative Revenue$8.7m
Ethereum$17.7m
Holders Revenue 30d$76,366
Holders Revenue 30d by chain
Ethereum$76,366
Holders Revenue 7d$24,810
Ethereum$24,810
Holders Revenue 24h$9,288
Ethereum$9,288
Cumulative Holders Revenue$8.7m
Ethereum$17.7m
Market Cap$98.56m
$NXM Price$62.11
Fully Diluted Valuation$98.56m
$NXM Volume 24h$0
CEX Volume$0
DEX Volume$0
Treasury$2.13m
Majors$168,248
Stablecoins$204,154
Own Tokens$1.75m
Others$10,344
Total Raised$2.96m
Apr 4, 2018$260,000Round: SeedInvestors: KR1
Feb 16, 2021$2.7mRound: Investors: 1Confirmation, Blockchain Capital, Collider Ventures, Dialectic, Placeholder, Version One Ventures, Accomplice
Protocol Information
Nexus Mutual offers decentralized cover against smart contract failure.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All premiums paid by members to buy cover insurance minus paid claims. could be negative on some daysView code on GitHubRevenue: 50% of premiums retained in the capital poolView code on GitHubHolders Revenue: 50% of premiums retained in the capital pool, benefiting all NXM HoldersView code on GitHubTreasury: Value of tokens owned by the protocolHacks
Date: Dec 14, 2020
Amount: $8m
Classification: Frontend & Infrastructure
Technique: Key Leaked via Infrastructure
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently asked questions
What is Nexus Mutual's TVL?
Nexus Mutual currently has $99.65m in total value locked. TVL has decreased 5.2% over the past 30 days.
What chains does Nexus Mutual operate on?
Nexus Mutual operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Nexus Mutual generated in fees and revenue?
Over the past 30 days, Nexus Mutual generated $152,729 in fees. Of that, $76,366 was protocol revenue. Based on the trailing year, the annualized rate is $3.29m in fees and $1.65m in revenue.
What is the NXM token price and valuation?
NXM is currently trading at $62.11. Its circulating market capitalization is $98.56m, ranking it #410. Its fully diluted valuation is $98.56m. Supply currently stands at 1.59m circulating, 1.59m total supply.
How has NXM performed recently?
NXM is down 3.6% over the past 7 days and up 0.7% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 66.6% below that level.
How does Nexus Mutual's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Nexus Mutual ranks #1 by TVL. The category holds $181.85m across 32 protocols, and Nexus Mutual accounts for 54.8% of that total. Other leading protocols include Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, iTrust Finance, Ante Finance, Sherlock, InsurAce, and InsureDAO.
Does Nexus Mutual have a treasury?
Nexus Mutual has a tracked treasury currently valued at $2.13m. Its holdings include $204,154 in stablecoins, $168,248 in major assets, $1.75m in its own tokens, $10,344 in other assets.
Has Nexus Mutual ever been exploited?
Nexus Mutual has 1 recorded security incident. The most recent incident occurred on Dec 14, 2020 and involved $8m. It was classified as Frontend & Infrastructure.