Ask about Nexus Mutual
Logo of Nexus MutualNexus Mutual(NXM)
Total Value Locked$89.86m

TVL by Chain

Ethereum$89.86m

Key Metrics

Fees (Annualized)$3.96m
Fees 30d$466,889

Ethereum$466,889

Fees 7d$317,384

Ethereum$317,384

Fees 24h$0

Ethereum$0

Cumulative Fees$6.36m

Ethereum$6.71m

Revenue (Annualized)$1.98m
Revenue 30d$233,448

Ethereum$233,448

Revenue 7d$158,694

Ethereum$158,694

Revenue 24h$0

Ethereum$0

Cumulative Revenue$3.18m

Ethereum$3.36m

Holders Revenue (Annualized)$1.98m
Holders Revenue 30d$233,448

Ethereum$233,448

Holders Revenue 7d$158,694

Ethereum$158,694

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$3.18m

Ethereum$3.36m

Market Cap$88.06m

$NXM Price$51.54

All Time High$185.97

All Time Low$6.96

View $NXM token page

$88.06m

$NXM Volume 24h$0

CEX Volume$0

DEX Volume$0(% of total)

Treasury$1.93m

$135,353.35

Stablecoins$23,940.42

Own Tokens$1.76m

Others$8,556.62

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 ($3.88m)3F Mutual ($3.76m)Unslashed ($2.91m)Ensuro ($1.58m)Cover Protocol ($808,674.19)Cozy Earn ($776,128.54)Sherlock ($502,802.18)iTrust Finance ($421,535.6)Ante Finance ($398,379.79)Nsure ($199,654.77)

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 $89.86m in total value locked. TVL has increased 18.9% 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 $466,889 in fees. Of that, $233,448 was protocol revenue. Based on the trailing year, the annualized rate is $3.96m in fees and $1.98m in revenue.

What is the NXM token price and valuation?

NXM is currently trading at $51.7. Its circulating market capitalization is $88.34m, ranking it #387. Its fully diluted valuation is $88.34m. Supply currently stands at 1.71m circulating, 1.71m total supply.

How has NXM performed recently?

NXM is up 3.6% over the past 7 days and up 18.7% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 72.2% 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 $105.77m across 28 protocols, and Nexus Mutual accounts for 85% 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 $1.93m. Its holdings include $23,940.42 in stablecoins, $135,353.35 in major assets, $1.76m in its own tokens, $8,556.62 in other assets.