Key Metrics
Fees 30d$126,438.18
Fees 30d by chain
Ethereum$126,438.18
Fees 7d$9,336.18
Ethereum$9,336.18
Fees 24h$351
Ethereum$351
Cumulative Fees$17.19m
Ethereum$35.2m
Revenue 30d$63,219.09
Revenue 30d by chain
Ethereum$63,219.09
Revenue 7d$4,668.09
Ethereum$4,668.09
Revenue 24h$176
Ethereum$176
Cumulative Revenue$8.59m
Ethereum$17.6m
Holders Revenue 30d$63,219.09
Holders Revenue 30d by chain
Ethereum$63,219.09
Holders Revenue 7d$4,668.09
Ethereum$4,668.09
Holders Revenue 24h$176
Ethereum$176
Cumulative Holders Revenue$8.59m
Ethereum$17.6m
Market Cap$104.24m
$NXM Price$61.71
$104.24m
$NXM Volume 24h$0
CEX Volume$0
DEX Volume$0
Treasury$2.18m
$165,642.94
Stablecoins$175,565.99
Own Tokens$1.83m
Others$9,071.39
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 $105.32m in total value locked. TVL has increased 21.9% 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 $126,438.18 in fees. Of that, $63,219.09 was protocol revenue. Based on the trailing year, the annualized rate is $3.79m in fees and $1.9m in revenue.
What is the NXM token price and valuation?
NXM is currently trading at $61.6. Its circulating market capitalization is $104.05m, ranking it #361. Its fully diluted valuation is $104.05m. Supply currently stands at 1.69m circulating, 1.69m total supply.
How has NXM performed recently?
NXM is down 2.3% over the past 7 days and up 23.3% over the past 30 days. Its all-time high is $185.97, reached on Nov 10, 2021. The token is currently 66.9% 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 $119.36m across 31 protocols, and Nexus Mutual accounts for 87.8% of that total. Other leading protocols include Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, iTrust Finance, Sherlock, Ante Finance, Nsure, and InsurAce.
Does Nexus Mutual have a treasury?
Nexus Mutual has a tracked treasury currently valued at $2.18m. Its holdings include $175,565.99 in stablecoins, $165,642.94 in major assets, $1.83m in its own tokens, $9,071.39 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.

