Nexus Mutual(NXM)
NXM#420โ ๏ธ This coin trades very little relative to its market cap (24h volume is 0% of market cap). Because its reported market cap may overstate its standing, we rank it lower on this site. Check liquidity and listing exchanges before trading.
NXM Live Chart
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Overview
Nexus Mutual (NXM) is a decentralized insurance protocol built on Ethereum that offers cover for smart contracts on the Ethereum blockchain, currently covering most of the main DeFi protocols. Its smart contract cover is intended to protect against financial losses arising from hacks or exploits caused by bugs in smart contract code.
Smart contract cover applies only to 'unintended uses' of smart contracts, so events such as the loss of private keys or centralized exchange hacks fall outside its scope. In December 2020, the protocol released custody cover, extending protection to centralized custodians and lenders such as Celsius, BlockFi, and Nexo.
Basic Info
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Where to Buy โ Global Exchanges
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