NEXO

NEXO

NEXO #79
B 60% Token Watch

Project Safety Score: 60%

Updated 1 minute ago
NEXONEXO
Market Cap$925227982
24hr Volume$8996261
24hr Change1.8%
Price$0.925032
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
76 BBB
100% · medium
Team
Credibility
76 BBB
100% · medium
Social
Behavioral
39 C
60% · low
Contract
Mechanics
80 A
100% · medium
Holder
Distribution
28 D
100% · medium

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NEXO NEXO Details
Type
Lending, Exchange-based Token
Launched
2018
HQ
Sofia, Bulgaria
Team
Doxxed
Exchange-based TokensCentralized Exchange (CEX) TokenPolygon EcosystemFantom EcosystemEthereum EcosystemAlleged SEC SecuritiesEnergi EcosystemSora Ecosystem

Nexo is a digital assets wealth platform founded in 2018, designed to help clients manage and grow their cryptocurrency holdings. It operates in over 200 jurisdictions and offers services such as crypto-backed loans, high-yield savings options, and a debit/credit crypto card. The platform combines advanced technology with client-oriented solutions and is supported by a robust infrastructure and global licensing.

The NEXO Token is the native cryptocurrency of the Nexo platform, allowing holders to earn interest on their tokens and participate in the Nexo Loyalty Program. Benefits include higher yields, crypto cashback on transactions, and competitive borrowing rates. NEXO tokens are available for trading on several centralized exchanges, including Binance, Bitget, and Bitfinex.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Economic design score 100 out of 100.
The project's economic structure is robust, featuring a defined hard cap of 1 billion tokens, all of which are currently in circulation. This complete circulating supply indicates a well-planned supply strategy, contributing positively to the asset's perceived value and stability.

Liquidity and market dynamics score 88 out of 100.
NEXO benefits from a strong liquidity profile, with a healthy trading volume that reflects 1.32% of its market capitalization. Supported by a substantial presence across 53 exchanges, this liquidity ensures that users can engage in transactions smoothly, which is vital for maintaining price stability.

Team credibility score 76 out of 100.
The project has solid backing from a publicly identifiable team and boasts an impressive asset age of over 8 years. While it has only undergone one audit and shows limited recent activity on GitHub, the quality of its whitepaper and known deployer add to its credibility.

Contract mechanics score 79 out of 100.
NEXO’s smart contract demonstrates a strong security framework, featuring verified contracts and no honeypot risks. However, some flags indicate potential weaknesses, such as the mintable nature of the token and ownership privileges that may allow balance manipulation.

Holder distribution score 28 out of 100.
The token distribution raises some concerns, with 94% of holdings concentrated in the top 10 wallets. This high concentration could lead to volatility if major holders decide to sell, indicating a potential risk for smaller investors.

Social behavior score 34 out of 100.
While NEXO is present on various social media platforms and has a sizable following on Telegram, its social engagement appears to be low, and there are instances of negative press and regulatory actions. The audience metrics are limited, making it difficult to assess true community sentiment.

Inherent risk in this asset arises from its high holder concentration and potential governance issues related to ownership privileges. Additionally, with a history of scams and regulatory scrutiny, investors should conduct thorough due diligence before participating.

  • Antoni Trenchev - Co-founder and Managing Partner LinkedIn ↗
    Prior: Nexo
    Co-founder and Managing Partner of Nexo. ([theblock.co](https://www.theblock.co/post/269119/bulgaria-ends-investigation-into-crypto-lender-nexo-finding-no-criminal-activity?utm_source=openai))
  • Kosta Kanchev - Co-founder and Managing Partner LinkedIn ↗
    Prior: Nexo
    Co-founder and Managing Partner of Nexo. ([theblock.co](https://www.theblock.co/post/269119/bulgaria-ends-investigation-into-crypto-lender-nexo-finding-no-criminal-activity?utm_source=openai))
  • Kalin Metodiev - Co-founder and Managing Partner LinkedIn ↗
    Prior: Nexo
    Co-founder and Managing Partner of Nexo. ([theblock.co](https://www.theblock.co/post/269119/bulgaria-ends-investigation-into-crypto-lender-nexo-finding-no-criminal-activity?utm_source=openai))
  • Trayan Nikolov - Co-founder and Managing Partner LinkedIn ↗
    Prior: Nexo
    Co-founder and Managing Partner of Nexo. ([theblock.co](https://www.theblock.co/post/269119/bulgaria-ends-investigation-into-crypto-lender-nexo-finding-no-criminal-activity?utm_source=openai))
  • Armanino 2018-03-01 pass report ↗
    Nexo's token contracts were audited by Armanino, confirming no critical issues. ([coinmarketcap.com](https://coinmarketcap.com/es/currencies/nexo/?utm_source=openai))
View whitepaper ↗ (2018)
Quality: high
Max supply: 1,000,000,000
Team allocation: 10.0%
Investors: 30.0%
Public: 60.0%
Next unlock: 2026-05-08
  • 0.2
    Alleged that Nexo's co-founders embezzled funds from a charity.
    Anonymous Twitter Account · source ↗
  • SEC 2023-01-19
    Fined $22.5 million and ordered to cease unregistered offering of crypto asset lending product
  • New York Attorney General 2023-01-19
    Filed lawsuit and secured $1.9 million from Nexo for operating illegally
  • California Department of Financial Protection and Innovation 2026-01-21
    Fined $500,000 for issuing loans without a license and without considering borrowers' ability to repay
  • regulatory_action 2023-01-19 · $22500000
    SEC fined Nexo $22.5 million and ordered to cease unregistered offering of crypto asset lending product. ([sec.gov](https://www.sec.gov/newsroom/press-releases/2023-11?utm_source=openai))
  • High-quality whitepaper detailing platform operations.
  • Established partnerships with reputable investors.
  • Contract owner is hidden
  • Token supply can be minted by the owner
  • No recent code commits
  • Owner can change any wallet's balance
  • Public scam allegations have been raised
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Regulatory actions taken against Nexo in multiple jurisdictions.
Contract is upgradable via proxy
Risk: The team can change the contract logic after deployment
Benefit: The team can fix bugs, patch vulnerabilities, and ship upgrades

Price Chart - NEXO

Contract Security

fantom · 0x7c598c96d02398d89…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
polygon-pos · 0x41b3966b4ff7b4279…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
ethereum · 0xb62132e35a6c13ee1…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
69653
Top 10 Hold
94.0%
Top 50: 97.4%
Top Holders
  • 0x9bdb521a97e95177b… 21.32%
  • 0x11111111111111111… 20.83%
  • 0x1c433cbf4777e1f0d… 11.48%
  • 0x9099ffbbe0f127741… 10.00%
  • 0x22222222222222222… 9.84%
  • 0x57793e24982549221… 8.61%
  • 0x7ab6c736baf1dac26… 5.56%
  • 0x33333333333333333… 3.33%
  • 0xb60c61dbb7456f024… 1.69%
  • 0x44444444444444444… 1.38%
Source: ethplorer
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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$4.07
All-Time Low$0.0452
Circulating1000000000
Total Supply1000000000

Community Sentiment

👍 75% 25% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

NEXO Stories

Recent News

The Trump family’s Bulgarian crypto friends

general 1 source 2 days, 13 hours ago

Promising NEXO Spot Volume Growth

general 1 source 5 days, 3 hours ago

Nexo Puts XRP in the Fast Lane as a First-Class Citizen in Crypto Lending

general 1 source 1 week ago

Nexo Reenters U.S. Market Three Years After Regulatory Exit

regulatory 1 source 1 week ago

NEXO Rises 3.04% on ZiC Expansion for SOL, XRP Collateral

general 1 source 1 week, 1 day ago

Nexo Zero-Interest Loans Now Accept SOL and XRP as Collateral: A Game-Changer for Crypto Borrowers

general 3 sources 1 week, 3 days ago

Nexo expands 0% credit to SOL, XRP, becoming first mover in crypto

general 1 source 1 week, 3 days ago

Nexo brings a first: Zero-interest Credit for Solana and XRP holders

general 6 sources 1 week, 3 days ago

13 Best Crypto Card Options in 2026: Debit & Credit Ranked

general 1 source 1 week, 4 days ago

NEXO to Hold Private Event on April 28th

general 1 source 2 weeks, 5 days ago
Posts from the Nexo
community on Reddit

Developer Activity

GitHub stars⭐ 111
Forks51
Watchers21
View on GitHub →

NEXO GitHub