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.

我们实时将 Wrapped NXM 更新为 USD 货币。通过 Coinbase 获取最新 Wrapped NXM 价格。

Wrapped NXM的当前市值为 US$5687.17万。高市值意味着该资产在市场上的价值很高。

Wrapped NXM的历史最高价位是 US$134.14。这是Wrapped NXM自推出以来的最高价格。

在过去 24 小时内，Wrapped NXM的交易量为 US$33.40万。

与Wrapped NXM具有相似市值的资产包括Staked USDT, Universal ETH, Staked FRAX和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Wrapped NXM的当前流通供应量是 56万。