Nexus Mutual(NXM)
Total Value Locked$115.2m
TVL by Chain
Ethereum$115.2m
Key Metrics
Fees 30d$103,525
Fees 30d by chain
Ethereum$103,525
Fees 7d$26,098
Ethereum$26,098
Fees 24h$12,239
Ethereum$12,239
Cumulative Fees$17.3m
Ethereum$35.31m
Revenue 30d$51,762
Revenue 30d by chain
Ethereum$51,762
Revenue 7d$13,050
Ethereum$13,050
Revenue 24h$6,120
Ethereum$6,120
Cumulative Revenue$8.65m
Ethereum$17.66m
Holders Revenue 30d$51,762
Holders Revenue 30d by chain
Ethereum$51,762
Holders Revenue 7d$13,050
Ethereum$13,050
Holders Revenue 24h$6,120
Ethereum$6,120
Cumulative Holders Revenue$8.65m
Ethereum$17.66m
Market Cap$114.08m
$NXM Price$68.62
$114.08m
$NXM Volume 24h$0
CEX Volume$0
DEX Volume$0
Treasury$2.28m
$186,851
Stablecoins$175,619
Own Tokens$1.91m
Others$10,694
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 $115.2m in total value locked. TVL has increased 7.1% 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 $103,525 in fees. Of that, $51,762 was protocol revenue. Based on the trailing year, the annualized rate is $3.28m in fees and $1.64m in revenue.
What is the NXM token price and valuation?
NXM is currently trading at $68.66. Its circulating market capitalization is $114.16m, ranking it #382. Its fully diluted valuation is $114.16m. Supply currently stands at 1.66m circulating, 1.66m total supply.
How has NXM performed recently?
NXM is up 1.4% over the past 7 days and up 9.1% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 63.1% 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 $130.84m across 31 protocols, and Nexus Mutual accounts for 88% 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 $2.28m. Its holdings include $175,619 in stablecoins, $186,851 in major assets, $1.91m in its own tokens, $10,694 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.

