Ask about Nexus Mutual
Logo of Nexus MutualNexus Mutual(NXM)
Total Value Locked$88.21m

TVL by Chain

Ethereum$88.21m

Key Metrics

Fees (Annualized)$4.2m
Fees 30d$475,447

Ethereum$475,447

Fees 7d$12,621

Ethereum$12,621

Fees 24h$4,839

Ethereum$4,839

Cumulative Fees$6.37m

Ethereum$6.72m

Revenue (Annualized)$2.1m
Revenue 30d$237,727

Ethereum$237,727

Revenue 7d$6,311

Ethereum$6,311

Revenue 24h$2,419

Ethereum$2,419

Cumulative Revenue$3.18m

Ethereum$3.36m

Holders Revenue (Annualized)$2.1m
Holders Revenue 30d$237,727

Ethereum$237,727

Holders Revenue 7d$6,311

Ethereum$6,311

Holders Revenue 24h$2,419

Ethereum$2,419

Cumulative Holders Revenue$3.18m

Ethereum$3.36m

Market Cap$87.65m

$NXM Price$51.33

All Time High$185.97

All Time Low$6.96

View $NXM token page

$87.65m

$NXM Volume 24h$0

CEX Volume$0

DEX Volume$0(% of total)

Treasury$1.87m

$132,421.57

Stablecoins$23,936.61

Own Tokens$1.71m

Others$8,079.18

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 ($3.8m)3F Mutual ($3.68m)Unslashed ($2.83m)Ensuro ($1.91m)Cover Protocol ($808,769.02)Cozy Earn ($762,724.42)Sherlock ($501,605.38)iTrust Finance ($414,722.06)Ante Finance ($390,614.96)Nsure ($196,013.87)

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 $88.21m in total value locked. TVL has increased 16.2% 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 $475,447 in fees. Of that, $237,727 was protocol revenue. Based on the trailing year, the annualized rate is $4.2m in fees and $2.1m in revenue.

What is the NXM token price and valuation?

NXM is currently trading at $51.13. Its circulating market capitalization is $87.3m, ranking it #390. Its fully diluted valuation is $87.3m. Supply currently stands at 1.71m circulating, 1.71m total supply.

How has NXM performed recently?

NXM is up 1.2% over the past 7 days and up 18.8% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 72.5% 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 $104.18m across 28 protocols, and Nexus Mutual accounts for 84.7% 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 $1.87m. Its holdings include $23,936.61 in stablecoins, $132,421.57 in major assets, $1.71m in its own tokens, $8,079.18 in other assets.