Ask about Nexus Mutual
Nexus Mutual(NXM)
Total Value Locked$114.61m
TVL by Chain
Ethereum$114.61m
Key Metrics
Fees 30d$100,502.18
Fees 30d by chain
Ethereum$100,502.18
Fees 7d$22,111
Ethereum$22,111
Fees 24h$7,819
Ethereum$7,819
Cumulative Fees$17.28m
Ethereum$35.29m
Revenue 30d$50,250.26
Revenue 30d by chain
Ethereum$50,250.26
Revenue 7d$11,057
Ethereum$11,057
Revenue 24h$3,910
Ethereum$3,910
Cumulative Revenue$8.64m
Ethereum$17.64m
Holders Revenue 30d$50,250.26
Holders Revenue 30d by chain
Ethereum$50,250.26
Holders Revenue 7d$11,057
Ethereum$11,057
Holders Revenue 24h$3,910
Ethereum$3,910
Cumulative Holders Revenue$8.64m
Ethereum$17.64m
Market Cap$112.44m
$NXM Price$67.42
$112.44m
$NXM Volume 24h$0
CEX Volume$0
DEX Volume$0
Treasury$2.35m
$185,746.14
Stablecoins$175,604.88
Own Tokens$1.98m
Others$10,870.81
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 $114.61m in total value locked. TVL has increased 5% 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 $100,502.18 in fees. Of that, $50,250.26 was protocol revenue. Based on the trailing year, the annualized rate is $3.56m in fees and $1.78m in revenue.
What is the NXM token price and valuation?
NXM is currently trading at $67.5. Its circulating market capitalization is $112.58m, ranking it #382. Its fully diluted valuation is $112.58m. Supply currently stands at 1.67m circulating, 1.67m total supply.
How has NXM performed recently?
NXM is up 1.4% over the past 7 days and up 5.8% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 63.7% 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 $129.93m across 31 protocols, and Nexus Mutual accounts for 88.2% of that total. Other leading protocols include Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, iTrust Finance, Ante Finance, Sherlock, InsurAce, and Nsure.
Does Nexus Mutual have a treasury?
Nexus Mutual has a tracked treasury currently valued at $2.35m. Its holdings include $175,604.88 in stablecoins, $185,746.14 in major assets, $1.98m in its own tokens, $10,870.81 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.