WrappedNXM (wNXM) is a 1-to-1 backed token generated by wrapping genuine NXM. In brief, wrapped tokens are the cryptocurrencies that are pegged or attached to the value of another crypto or assets. Thus, it bypasses the limitation of transferring native coins, i.e., tokens that reside on native blockchains. Here, NXM is an ERC20-compatible token of the Nexus Mutual protocol, a decentralized alternative to insurance. Nexus Mutual is a digital cooperative that complies with the relevant laws and regulations of the country from where it accepts members. The project aims to provide the community members with simple, transparent, accessible, and affordable financial protection against their risks. Although fully tradable, wNXM cannot be used within the Nexus Mutual platform. Since NXM is traded only among members, only Nexus Mutual members can wrap/unwrap NXM.

According to the website, the key features of the NXM project seek to be the following:

In addition, the NXM token aims to bind together the internal economics of the mutual by seeking to reward the active members for participating in the day-to-day operations of the mutual. Besides this, token-driven economic incentives aim to enforce claims payments. Token also works as a capital provider to the mutual. As the mutual’s capital pool increases, the value of NXM seeks to also increase. 

Nexus Mutual was founded by Hugh Karp. He is an insurance professional with experience in a broad range of insurance and reinsurance roles. Also, he has been a blockchain enthusiast since 2011.

Nous mettons à jour la valeur de nos Wrapped NXM dans la devise CAD en temps réel. Obtenez le prix des Wrapped NXM en direct sur Coinbase.

La capitalisation boursière actuelle de Wrapped NXM est de 36,018 M $CA. Une capitalisation boursière élevée implique que l'actif est hautement valorisé par le marché.

Le plus haut historique de Wrapped NXM est de 183,52 $CA. Ce plus haut historique correspond au prix le plus élevé payé pour Wrapped NXM depuis son lancement.

Au cours des dernières 24 heures, le volume d'échange de Wrapped NXM est de 98,766 k $CA.

Parmi les actifs qui ont une capitalisation boursière similaire à Wrapped NXM, on trouve Savings crvUSD, Universal ETH, DeFi Pulse Index, et bien d'autres actifs. Pour voir la liste complète, consultez la liste de nos actifs à capitalisation boursière comparable.

L'offre actuelle de Wrapped NXM en circulation est de 441 mille.