Nexus Mutual
NXM #297Project Safety Score: 52%
Updated 31 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code.
The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
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.
Price Chart
Contract Security
0xd7c49cee7e9188cca6ad8ff264c1da2e69d4cf3bOn-Chain Facts
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0x5407381b6c251cfd4…38.97% -
0x0d438f3b5175bebc2…24.60% -
0x25783b67b5e29c484…8.70% -
0x834b56ecb16d81f75…5.69% -
0xfa7e852ceb3f7d0f1…4.00% -
0xa179f678827119573…3.51% -
0x4adfe5c08dd57094f…1.65% -
0x09abbe423fedee233…1.41% -
0x87b2a7559d85f4653…0.90% -
0xd816a5fb7c78282f7…0.87%
View on Chain
Market Stats
Recent News
Nexus Mutual wants to be the insurance policy your crypto never had
Will Web3 reinvent insurance?
DeFi Insurance Alternative Nexus Mutual Integrates Restaking Specialist Symbiotic
Nexus Mutual responds to Arcadia Finance exploit, reinforcing commitment to onchain protection
Nexus Mutual to provide insurance coverage for Babylon's Bitcoin staking layer
Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native
DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native
OpenCover, Request Finance and Nexus Mutual launch world's first blockchain transaction cover
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
Nexus Mutual Price: NXM Price Index and Live Chart