Nexus Mutual nxm
-0.27 % $ 43.98
$43.1 24H Range $44.26
Market Data
Price $ 43.98
Volume $ 5,553.60
Volume / Market Cap 0.00
Supply
Circulating Supply 6,773,124.20
Total Supply 6,773,124.20
Max Supply 6,773,124.20
Valuation
Market Cap $ 297,884,691.00
Fully diluted market cap $ 297,884,691.00
Nexus Mutual (nxm) Price Chart
Nexus Mutual (nxm) Price Info
Timeframe Price Change(%)
1h 0.12%
24h -0.27%
7d 2.86%
14d 11.87%
30d 28.63%
1y -46.97%
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code.  The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo. 
News about Nexus Mutual
Nexus Mutual Loses Millions in Maple Finance Credit Pool
blockworks.co • 2 months ago
Nexus Mutual expects $3M loss from Orthogonal Trading’s M11 loan default
cryptoslate.com • 2 months ago
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
theblock.co • 2 months ago