NEXO

NEXO

NEXO #81
B 62% Token Watch

Project Safety Score: 62%

Updated 4 minutes ago
NEXONEXO
Market Cap$761638570
24hr Volume$8102822
24hr Change2.3%
Price$0.7616459490727187
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
72 BBB
100% · medium
Team
Credibility
50 CCC
80% · medium
Social
Behavioral
43 CC
80% · low
Contract
Mechanics
100 AAA
100% · medium
Holder
Distribution
28 D
100% · medium

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NEXO NEXO Details
Type
Centralized Exchange (CEX) Token
Team
Anonymous
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.

Liquidity and market dynamics score 87 out of 100. Trading activity relative to market size looks strong, with a volume-to-market-cap ratio of 1.02%, and liquidity depth is supported by about $9,359,727 in 24-hour volume. Exchange listing breadth is very high, with 53 exchanges reported, including 12 in green status, 27 in yellow status, and 13 in red. Overall, market access and depth appear robust.

Team credibility score 52 out of 100. Public records show two audit firm(s) on record (audit score 80), and the deployer address is recorded (70). However, team doxxing is low since the team is anonymous (25), and there are no deploy or genesis dates available. Recent development signals are weak, with 0 commits over the last 4 weeks (github activity 32). Whitepaper quality is rated medium (70).

Social and behavioral signals score 46 out of 100. Social audience data shows TW (linked) with unspecified follower metrics, while Telegram has 24,917 subscribers and Reddit is linked with limited audience details. Sentiment is more positive than negative at 67% up versus 33% down. There are scam-related allegations found, including 2 allegations, 1 bad press, and 1 regulatory flag, though 0 incidents are recorded. A separate enrichment record is also not available.

Contract mechanics score 80 out of 100. Core technical risk factors look mitigated: contracts are verified (100), there is no honeypot behavior (100), and the code is open source (100). Minting is possible (mint authority 50) and there is an owner ability to change balances (balance manipulation 20), which keeps flexibility risk from being fully eliminated. The system includes hidden privileged mechanisms (100), uses a proxy upgrade pattern (60), and sets a hard supply cap of 1,000,000,000 (100). With 100% of total supply circulating, supply availability is clear.

Holder distribution score 28 out of 100. Concentration risk is elevated: the top 10 wallets hold 94.0% of supply, and the top 50 wallets hold 97.5%. The largest non-filtered wallet holds 21.3%, and there is a single-wallet flag over 10%. While there are 69,666 total holders, the dominance of a small number of wallets is a meaningful centralization risk for this asset.

Inherent crypto risk for NEXO (smartcontracttoken): even with solid liquidity and strong contract verification, this token shows key governance and concentration concerns. Owner-related capabilities (mintability, balance changes, and upgradable proxy design) can create risk if permissions are abused or mismanaged. Separately, extreme top-wallet concentration means adverse actions by a small set of holders could have an outsized impact on market and distribution.

  • Callisto Network Security Department issues resolved report ↗
    Smart contract security audit performed in June 2019; report states only low severity issues were found.
  • Callisto Network Security Department unknown report ↗
    Community post referencing a June 2019 Callisto Network security audit for Nexo token; does not provide an auditor-hosted report URL.
View whitepaper ↗
Quality: medium
  • 0.9
    SEC-related complaint filing includes allegations about Nexo's offer/sale and marketing, including statements tied to NEXO and related promotional conduct. This is not a proven scam finding; it is a regulatory/litigation allegation.
    Cress v. Nexo Financial LLC et al complaint docket documents (allegations in li… · source ↗
  • 0.2
    Community discussion alleges or argues misinformation and legal framing around whether NEXO token is a security and the nature of Nexo's token/ICO representations.
    Reddit users (unverified community claims) · source ↗
  • U.S. Securities and Exchange Commission (SEC) 2023-11
    SEC press release: Nexo agrees to pay penalties and cease unregistered offering of crypto asset lending product (EIP)
  • A Nexo-hosted whitepaper PDF is available (useful for understanding the token's intended utility).
  • A third-party security audit for the Nexo token contract is referenced and indicates only low severity issues were found (per audit report snippet).
  • SEC enforcement indicates Nexo took steps to resolve regulatory issues through settlements (at least for the Earn Interest Product/EIP).
  • Team is anonymous
  • No recent code commits
  • Public scam allegations have been raised
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Tokenomics and allocation percentages were not confirmed via primary NEXO token sources in the searches completed.
  • At least one widely referenced external security audit is from Callisto Network and was located via non-primary hosting; official auditor-hosted report URL not confirmed beyond that mirror.
  • Regulatory actions cited are about Nexo lending products and related statements; token-specific incident or exploit history for the NEXO contract was not found in the completed searches.

Price Chart - NEXO

Contract Security

ethereum · 0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
70430
Top 10 Hold
93.7%
Top 50: 97.5%
Top Holders
  • 0x9bdb521a97e95177b… 21.32%
  • 0x11111111111111111… 20.83%
  • 0x1c433cbf4777e1f0d… 11.48%
  • 0x9099ffbbe0f127741… 10.00%
  • 0x22222222222222222… 9.84%
  • 0x57793e24982549221… 8.61%
  • 0x7ab6c736baf1dac26… 5.71%
  • 0x33333333333333333… 3.33%
  • 0x44444444444444444… 1.38%
  • 0xb60c61dbb7456f024… 1.18%
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

👍 100% 0% 👎

Recent News

Nexo launches crypto card in Argentina, enablin...

general 6 sources 1 day, 17 hours ago

Nexo Appoints Former Binance Executive Andres Ondarra to Spearhead Argentina Expansion

general 1 source 1 day, 17 hours ago

Nexo brings its dual-mode crypto card to Argentina and names Andres Ondarra as country head

general 1 source 1 day, 17 hours ago

Nexo bets big on Argentina with crypto card launch and new country chief

general 1 source 1 day, 21 hours ago

Nexo Co-Founder: Crypto Crash 'Like Panic of 1907’

market_crash 1 source 1 week, 4 days ago

Nexo (NEXO) Swings 3.6% Amid Broad Crypto Risk-Off

general 1 source 3 weeks, 1 day ago

NEXO Declines 4.24% Amid Broader Crypto Market Selloff

general 1 source 1 month ago

Nexo vs CoinRabbit review: Crypto Loans & Private Programs Compared On Security, Terms & Features

general 1 source 1 month ago

Nexo (NEXO) Declines 3% Amid Broad Crypto Market Stress

general 2 sources 1 month ago

Nexo (NEXO) Drops 3.5% Amid Broad Crypto Market Selloff

general 1 source 1 month, 1 week ago
Posts from the Nexo
community on Reddit

Developer Activity

GitHub stars⭐ 112
Forks51
Watchers22
View on GitHub →

NEXO GitHub