Nexus Mutual (NXM)
Details about Nexus Mutual cryptocurrency
€281,251,180 ( -1.50146%)
€0
4,190,964
4,190,964
0.483
Unknown
https://nexusmutual.io/
@NexusMutual
4550x
€305430
Nexus Mutual price charts
NXM exchanges
Nexus Mutual, the crypto
Nexus Mutual is a decentralized insurance platform that operates as a type of mutual where members pool their funds to provide coverage against smart contract failures and other risks in the crypto space. It is built on the Ethereum blockchain and uses a native ERC-20 token called NXM.
The point
The main point of Nexus Mutual is to provide insurance coverage for crypto assets, mainly smart contracts, in a decentralized and trustless manner.
The problem
Nexus Mutual tries to solve the problem of the lack of trustworthy and reliable insurance for smart contracts and other crypto assets. Traditional insurance companies are not familiar with crypto assets or smart contracts and do not provide suitable coverage for them. Therefore, Nexus Mutual aims to provide decentralized and transparent insurance coverage that can be trusted by the crypto community.
Compare NXM and BTC performance
Timeframe | NXM | BTC |
---|---|---|
1h change | -1.82573 % | -0.434243 % |
24h change | -2.14 % | 0.748949 % |
7 day change | 1.19 % | 6.28102 % |
14 day change | -3.93 % | 4.81165 % |
30 day change | 2.25 % | 23.3841 % |
200 day change | 55.47 % | 170.377 % |
Year change | 44.79 % | 155.76 % |