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.

我們實時將 Wrapped NXM 更新為 USD 貨幣。在 Coinbase 上獲取 Wrapped NXM 的實時價格。

Wrapped NXM 目前的市值為 US$2503.507万。高市值意味著資產受到市場的高度重視。

Wrapped NXM 的歷史最高紀錄是 US$134.14。這是自從 Wrapped NXM 推出以來的最高價格。

在過去 24 小時中，Wrapped NXM 的交易量為 US$17.146万。

與 Wrapped NXM 市值相似的資產包括 Universal ETH, Wrapped Rootstock Smart Bitcoin, Volo Staked SUI 和許多其他資產。若要查看完整清單，請參閱我們的可比市值資產。

Wrapped NXM 目前的循環供應量為 40万。