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Nexus Mutual

WNXM

  • Insurance
  • DeFi
Established Year
2017
Headquarter
Britain
Operating Status
Active
Ecosystem
Ethereum
Nexus Mutual is a decentralized insurance protocol. The platform aims to provide an alternative to traditional insurance companies, offering a wide range of products to protect users from smart contract vulnerabilities. Unlike traditional insurance companies, the platform functions as a mutual, where members pool their resources to provide protection against vulnerabilities in the crypto ecosystem. To join the mutual, users must pay a nominal fee of 0.002 ETH and complete KYC/AML documentation.

Organisation

Financial Portfolio

Funding

N/A
6 Investors
$2.7 M

Crypto Holdings

Current Holdings Count
6
Total Value
$ 9.48 M
Last Activity
1406382.9 USDC
0x7bdc2b71d6078f6129e3d38012245be1c9deaf20dd34b4db07d9dafddb3bf796
Holding Token
Current Price
Total Held
Total Value
$70.03
1.87%
133342.5411$ 9.34 M
$23.67
1.22%
48.4587$ 1.15 K
$3,277.41
203.18%
41.3845$ 135.63 K

Frequently Asked Questions

What Is Wrapped NXM (WNXM)?

Wrapped NXM (wNXM) is a 1-to-1 backed token that can only be generated by wrapping genuine NXM. NXM can only be traded among Nexus Mutual members, while wNXM is fully tradable but can't be used at all within the Nexus Mutual protocol.