NEXO
NEXO #77Project Safety Score: 61%
Updated 9 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
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.
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Smart contract security audit performed in June 2019; report states only low severity issues were found.
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Community post referencing a June 2019 Callisto Network security audit for Nexo token; does not provide an auditor-hosted report URL.
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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 ↗
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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 ↗
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U.S. Securities and Exchange Commission (SEC) 2023-11SEC press release: Nexo agrees to pay penalties and cease unregistered offering of crypto asset lending product (EIP) ↗
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Reddit (r/Nexo)
- ✓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
0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206On-Chain Facts
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0x9bdb521a97e95177b…21.32% -
0x11111111111111111…20.83% -
0x1c433cbf4777e1f0d…11.48% -
0x9099ffbbe0f127741…10.00% -
0x22222222222222222…9.84% -
0x57793e24982549221…8.61% -
0x7ab6c736baf1dac26…5.61% -
0x33333333333333333…3.33% -
0xb60c61dbb7456f024…1.59% -
0x44444444444444444…1.38%
NEXO Exchanges
Top 20 by trust scoreView on Chain
Technical Analysis
Buy / Sell signals
Market Stats
Community Sentiment
Recent News
Nexo Returns to the U.S.: Why the Crypto Firm Is Reentering America Now
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Crypto Lending Is Roaring Back — And Nexo Says It’s Now the Industry’s No. 2 Player
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Posts from the Nexo
community on Reddit