Ask about Nexus Mutual
Logo of Nexus MutualNexus Mutual(NXM)
Total Value Locked$86.17m

TVL by Chain

Ethereum$86.17m

Key Metrics

Fees (Annualized)$3.97m
Fees 30d$479,142

Ethereum$479,142

Fees 7d$325,838

Ethereum$325,838

Fees 24h$1,363

Ethereum$1,363

Cumulative Fees$6.35m

Ethereum$6.71m

Revenue (Annualized)$1.98m
Revenue 30d$239,574

Ethereum$239,574

Revenue 7d$162,920

Ethereum$162,920

Revenue 24h$682

Ethereum$682

Cumulative Revenue$3.18m

Ethereum$3.36m

Holders Revenue (Annualized)$1.98m
Holders Revenue 30d$239,574

Ethereum$239,574

Holders Revenue 7d$162,920

Ethereum$162,920

Holders Revenue 24h$682

Ethereum$682

Cumulative Holders Revenue$3.18m

Ethereum$3.36m

Market Cap$85.16m

$NXM Price$49.77

All Time High$185.97

All Time Low$6.96

View $NXM token page

$85.16m

$NXM Volume 24h$0

CEX Volume$0

DEX Volume$0(% of total)

Treasury$1.82m

$128,392.48

Stablecoins$23,941.05

Own Tokens$1.66m

Others$7,801.74

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.

Category:Insurance

WebsiteGitHubTwitter

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 protocol

Competitors

Easedefi.org ($3.69m)3F Mutual ($3.57m)Unslashed ($2.75m)Ensuro ($1.58m)Cover Protocol ($808,833.86)Cozy Earn ($760,037.68)Sherlock ($502,815.72)iTrust Finance ($402,792.46)Ante Finance ($378,286.07)Nsure ($189,552.13)

Frequently Asked Questions

What is Nexus Mutual?

Nexus Mutual offers decentralized cover against smart contract failure.

What is Nexus Mutual's TVL?

Nexus Mutual currently has $86.17m in total value locked. TVL has increased 9.2% 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 $479,142 in fees. Of that, $239,574 was protocol revenue. Based on the trailing year, the annualized rate is $3.97m in fees and $1.98m in revenue.

What is the NXM token price and valuation?

NXM is currently trading at $49.56. Its circulating market capitalization is $84.81m, ranking it #394. Its fully diluted valuation is $84.81m. Supply currently stands at 1.71m circulating, 1.71m total supply.

How has NXM performed recently?

NXM is up 0.4% over the past 7 days and up 14.9% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 73.4% 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 $101.46m across 28 protocols, and Nexus Mutual accounts for 84.9% of that total. Other leading protocols include Easedefi.org, 3F Mutual, and Unslashed.

Does Nexus Mutual have a treasury?

Nexus Mutual has a tracked treasury currently valued at $1.82m. Its holdings include $23,941.05 in stablecoins, $128,392.48 in major assets, $1.66m in its own tokens, $7,801.74 in other assets.