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Discover what Nexus Mutual (NXM) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.Discover what Nexus Mutual (NXM) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.

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What is Nexus Mutual (NXM)
Unlisted

$88.61

$88.61$88.61

-1.50%1D

USD

This token data is sourced from third parties. MEXC acts solely as an information aggregator. Explore other listed tokens on MEXC Spot market!

Start learning about what is Nexus Mutual through guides, tokenomics, trading information, and more.

Page last updated: 2025-11-01 05:43:00 (UTC+8)

Nexus Mutual (NXM) Basic Introduction

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.

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.

Nexus Mutual (NXM) Profile

Token Name

Nexus Mutual

Ticker Symbol

NXM

Public Blockchain

Whitepaper

Official Website

Sector

Market Cap

$ 173.25M

All Time Low

$ 6.96

All Time High

$ 185.97

Social Media

Block Explorer

Nexus Mutual (NXM) Tokenomics

Tokenomics describes the economic model of Nexus Mutual (NXM), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.

Nexus Mutual Tokenomics

Pro Tip: Understanding NXM's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.

Nexus Mutual (NXM) Price Prediction

Building on tokenomics and past performance, price predictions for NXM aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of NXM? Check it out now!

Nexus Mutual Price Prediction

Disclaimer

The information on this page regarding Nexus Mutual (NXM) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.