Nexus Mutual Candlestick Chart

What is Nexus Mutual Cryptocurrency?

Nexus Mutual is a decentralized mutual insurance platform built on the Ethereum blockchain. It is designed to provide an alternative to traditional insurance by creating an access point for people to pool their resources and share risk without relying on a third-party. Through Nexus Mutual, users can purchase, transfer and manage their risk mutual insurance contracts (also known as “smart insurance contracts”) from anywhere in the world, with lower premiums and faster claims. The platform is a decentralized autonomous organization (DAO) and is governed by members of its own community who hold Nexus Mutual tokens.

How Does Nexus Mutual Work?

Nexus Mutual works using peer-to-peer risk sharing. Participants can buy, sell, or transfer their Smart Insurance Contracts at any time, similar to how a peer-to-peer marketplace might operate. Each transaction is verified and recorded on the Ethereum blockchain. When an event happens that triggers an insurance contract, anyone on the platform can file a claim. The risks associated with the claims are collectively shared among the holders of Nexus Mutual tokens. To help mitigate risk, Nexus Mutual implements a safety factor during the claims process, which means that a certain percentage of the claims must fall within the pool’s risk limits. As an incentive to be honest, members of the platform are incentivized to review and approve each claim to ensure it is valid. If the risk shared within the pool is exceeded, Nexus Mutual tokens are bought from the market to help pay for the claims.

What Are Nexus Mutual Tokens?

Nexus Mutual tokens (NXM) are the currency used within Nexus Mutual’s platform. They are a form of Ethereum-based crypto tokens that play an important role in the platform’s governance and risk-sharing mechanisms. When a user joins the platform, they must purchase a certain number of NXM tokens and stake them in order to participate and receive rewards from their risk-sharing activity. NXM tokens can be used to purchase and transfer Smart Insurance Contracts, as well as to vote on important decisions within the platform. Members of the community can also use them to reward those who participate in the risk-sharing process, such as those who file and approve claims. These rewards are given out in the form of newly minted NXM tokens.

The Benefits of Nexus Mutual Cryptocurrency

Nexus Mutual provides a number of benefits over traditional insurance models. It allows individuals to pool resources and reduce their risk, while bypassing the need to pay high premiums to cover the costs associated with an insurance company or third-party. The platform also allows users to purchase, transfer and manage their Smart Insurance Contracts directly, meaning they don’t need to work with an external provider. The use of Nexus Mutual tokens also provides an additional layer of security since they are securely stored on the Ethereum blockchain. Another benefit of Nexus Mutual cryptocurrency is that it is a decentralized platform, meaning it is not owned or operated by any single party. This allows users to fully control their risk exposure and access their funds at anytime, without being dependent on a centralized system. The platform is also transparent, meaning users can view all of the transactions taking place within it, as well as risk-sharing data. In conclusion, Nexus Mutual is a decentralized mutual insurance platform built on the Ethereum blockchain. It allows users to pool their resources and share risk without needing to rely on a third-party. It also offers a number of benefits over traditional insurance models, including lower premiums, faster claims, and more secure fund storage. The platform is also decentralized, transparent and governed by its own community, ensuring everyone is treated fairly and no single party is able to control it.

Exchanges List. where To Buy Nexus Mutual NXM

Name	Trust	Price	Link

Historical Price List

DATE	HIGHT	LOW	OPEN	CLOSE
05/28/2022	75.99	75.99	75.96	75.99
05/29/2022	75.99	75.99	75.99	75.99
05/30/2022	75.99	75.99	75.99	75.99
05/31/2022	75.99	75.99	75.99	75.99
06/01/2022	76	76	75.99	76
06/02/2022	76	76	76	76
06/03/2022	75.98	75.98	76	75.98
06/04/2022	75.99	75.99	75.98	75.99
06/05/2022	75.99	75.99	75.99	75.99
06/06/2022	75.99	75.99	75.99	75.99
06/07/2022	75.99	75.99	75.99	75.99
06/08/2022	75.99	75.99	75.99	75.99
06/09/2022	75.99	75.99	75.99	75.99
06/10/2022	75.98	75.98	75.99	75.98
06/11/2022	75.99	75.99	75.98	75.99
06/12/2022	76	76	75.99	76
06/13/2022	75.96	75.96	76	75.96
06/14/2022	75.96	75.96	75.96	75.96
06/15/2022	75.97	75.97	75.96	75.97
06/16/2022	75.96	75.96	75.97	75.96
06/17/2022	75.93	75.93	75.96	75.93
06/18/2022	75.95	75.95	75.93	75.95
06/19/2022	75.95	75.95	75.95	75.95
06/20/2022	75.95	75.95	75.95	75.95
06/21/2022	75.96	75.96	75.95	75.96
06/22/2022	75.96	75.96	75.96	75.96
06/23/2022	75.96	75.96	75.96	75.96
06/24/2022	75.99	75.99	75.96	75.99
06/25/2022	75.99	75.99	75.99	75.99
06/26/2022	76.02	76.02	75.99	76.02
06/27/2022	75.97	75.97	76.02	75.97
06/28/2022	75.96	75.96	75.97	75.96
06/29/2022	75.96	75.96	75.96	75.96
06/30/2022	75.96	75.96	75.96	75.96
07/01/2022	75.96	75.96	75.96	75.96
07/02/2022	75.96	75.96	75.96	75.96
07/03/2022	75.96	75.96	75.96	75.96
07/04/2022	75.96	75.96	75.96	75.96
07/05/2022	75.96	75.96	75.96	75.96
07/06/2022	75.97	75.97	75.96	75.97
07/07/2022	75.99	75.99	75.97	75.99
07/08/2022	75.99	75.99	75.99	75.99
07/09/2022	76	76	75.99	76
07/10/2022	76	76	76	76
07/11/2022	75.98	75.98	76	75.98
07/12/2022	75.96	75.96	75.98	75.96
07/13/2022	75.99	75.99	75.96	75.99
07/14/2022	75.99	75.99	75.99	75.99
07/15/2022	76.02	76.02	75.99	76.02
07/16/2022	76.02	76.02	76.02	76.02
07/17/2022	76.02	76.02	76.02	76.02
07/18/2022	76.02	76.02	76.02	76.02
07/19/2022	76.04	76.04	76.02	76.04
07/20/2022	76.04	76.04	76.04	76.04
07/21/2022	76.04	76.04	76.04	76.04
07/22/2022	76.04	76.04	76.04	76.04
07/23/2022	76.04	76.04	76.04	76.04
07/24/2022	76.04	76.04	76.04	76.04
07/25/2022	76.04	76.04	76.04	76.04
07/26/2022	76.04	76.04	76.04	76.04
07/27/2022	76.04	76.04	76.04	76.04
07/28/2022	76.04	76.04	76.04	76.04
07/29/2022	76.04	76.04	76.04	76.04
07/30/2022	76.04	76.04	76.04	76.04
07/31/2022	76.04	76.04	76.04	76.04
08/01/2022	76.04	76.04	76.04	76.04
08/02/2022	76.04	76.04	76.04	76.04
08/03/2022	76.04	76.04	76.04	76.04
08/04/2022	76.04	76.04	76.04	76.04
08/05/2022	76.04	76.04	76.04	76.04
08/06/2022	76.04	76.04	76.04	76.04
08/07/2022	76.04	76.04	76.04	76.04
08/08/2022	76.04	76.04	76.04	76.04
08/09/2022	76.12	76.12	76.04	76.12
08/10/2022	76.04	76.04	76.12	76.04
08/11/2022	76.04	76.04	76.04	76.04
08/12/2022	76.04	76.04	76.04	76.04
08/13/2022	76.04	76.04	76.04	76.04
08/14/2022	76.04	76.04	76.04	76.04
08/15/2022	76.04	76.04	76.04	76.04
08/16/2022	76.04	76.04	76.04	76.04
08/17/2022	76.04	76.04	76.04	76.04
08/18/2022	76.04	76.04	76.04	76.04
08/19/2022	76.04	76.04	76.04	76.04
08/20/2022	76.03	76.03	76.04	76.03
08/21/2022	76.03	76.03	76.03	76.03
08/22/2022	76.03	76.03	76.03	76.03
08/23/2022	76.04	76.04	76.03	76.04
08/24/2022	76.04	76.04	76.04	76.04
08/25/2022	76.04	76.04	76.04	76.04
08/26/2022	76.04	76.04	76.04	76.04
08/27/2022	76.04	76.04	76.04	76.04
08/28/2022	76.04	76.04	76.04	76.04
08/29/2022	76.04	76.04	76.04	76.04
08/30/2022	76.04	76.04	76.04	76.04
08/31/2022	76.04	76.04	76.04	76.04
09/01/2022	76.04	76.04	76.04	76.04
09/02/2022	76.04	76.04	76.04	76.04
09/03/2022	76.04	76.04	76.04	76.04
09/04/2022	76.04	76.04	76.04	76.04
09/05/2022	76.03	76.03	76.04	76.03
09/06/2022	76.04	76.04	76.03	76.04
09/07/2022	76.03	76.03	76.04	76.03
09/08/2022	76.02	76.02	76.03	76.02
09/09/2022	76.04	76.04	76.02	76.04
09/10/2022	76.04	76.04	76.04	76.04
09/11/2022	76.04	76.04	76.04	76.04
09/12/2022	76.04	76.04	76.04	76.04
09/13/2022	76.04	76.04	76.04	76.04
09/14/2022	76.04	76.04	76.04	76.04
09/15/2022	76.04	76.04	76.04	76.04
09/16/2022	76.04	76.04	76.04	76.04
09/17/2022	76.04	76.04	76.04	76.04
09/18/2022	76.04	76.04	76.04	76.04
09/19/2022	76.04	76.04	76.04	76.04
09/20/2022	76.04	76.04	76.04	76.04
09/21/2022	76.04	76.04	76.04	76.04
09/22/2022	76.04	76.04	76.04	76.04
09/23/2022	76.04	76.04	76.04	76.04
09/24/2022	76.03	76.03	76.04	76.03
09/25/2022	76.02	76.02	76.03	76.02
09/26/2022	76.04	76.04	76.02	76.04
09/27/2022	76.03	76.03	76.04	76.03
09/28/2022	76.03	76.03	76.03	76.03
09/29/2022	76.04	76.04	76.03	76.04
09/30/2022	76.04	76.04	76.04	76.04
10/01/2022	76.03	76.03	76.04	76.03
10/02/2022	76.04	76.04	76.03	76.04
10/03/2022	76.04	76.04	76.04	76.04
10/04/2022	76.04	76.04	76.04	76.04
10/05/2022	76.04	76.04	76.04	76.04
10/06/2022	76.04	76.04	76.04	76.04
10/07/2022	76.04	76.04	76.04	76.04
10/08/2022	76.04	76.04	76.04	76.04
10/09/2022	76.03	76.03	76.04	76.03
10/10/2022	76.04	76.04	76.03	76.04
10/11/2022	76.03	76.03	76.04	76.03
10/12/2022	76.04	76.04	76.03	76.04
10/13/2022	76.04	76.04	76.04	76.04
10/14/2022	76.04	76.04	76.04	76.04
10/15/2022	76.03	76.03	76.04	76.03
10/16/2022	76.04	76.04	76.03	76.04
10/17/2022	76.04	76.04	76.04	76.04
10/18/2022	76.04	76.04	76.04	76.04
10/19/2022	76.04	76.04	76.04	76.04
10/20/2022	76.04	76.04	76.04	76.04
10/21/2022	76.04	76.04	76.04	76.04
10/22/2022	76.04	76.04	76.04	76.04
10/23/2022	76.04	76.04	76.04	76.04
10/24/2022	76.04	76.04	76.04	76.04
10/25/2022	76.04	76.04	76.04	76.04
10/26/2022	76.04	76.04	76.04	76.04
10/27/2022	76.04	76.04	76.04	76.04
10/28/2022	76.04	76.04	76.04	76.04
10/29/2022	76.04	76.04	76.04	76.04
10/30/2022	76.04	76.04	76.04	76.04
10/31/2022	76.04	76.04	76.04	76.04
11/01/2022	76.03	17.97	76.04	18.06
11/02/2022	18.06	18.06	18.06	18.06
11/03/2022	18.06	18.06	18.06	18.06
11/04/2022	18.06	17.87	18.06	17.87
11/05/2022	17.87	17.87	17.87	17.87
11/06/2022	17.87	17.87	17.87	17.87
11/07/2022	17.87	17.87	17.87	17.87
11/08/2022	17.89	12.76	17.87	12.76
11/09/2022	12.78	12.78	12.76	12.78
11/10/2022	12.72	10.87	12.78	11.9
11/11/2022	12.01	10.97	11.9	10.98
11/12/2022	10.98	10.37	10.98	10.74
11/13/2022	11.1	10.25	10.74	10.25
11/14/2022	10.62	9.342	10.25	10.04
11/15/2022	10.54	10.04	10.04	10.3
11/16/2022	10.63	9.703	10.3	10.05
11/17/2022	10.08	9.844	10.05	9.909
11/18/2022	10.05	9.63	9.909	9.64
11/19/2022	9.665	9.549	9.64	9.602
11/20/2022	10.64	9.6	9.602	9.937
11/21/2022	9.948	9.493	9.937	9.517
11/22/2022	9.587	9.243	9.517	9.499
11/23/2022	10.16	9.474	9.499	10.02
11/24/2022	10.27	9.962	10.02	10.09
11/25/2022	10.59	9.903	10.09	10.5
11/26/2022	10.55	10.23	10.5	10.25
11/27/2022	10.43	10.23	10.25	10.26
11/28/2022	10.27	9.706	10.26	10.15
11/29/2022	10.42	10.14	10.15	10.4
11/30/2022	12.44	10.24	10.4	10.97
12/01/2022	12.76	10.87	10.97	10.9
12/02/2022	11.15	10.87	10.9	11.14
12/03/2022	12.43	11.13	11.14	11.32
12/04/2022	11.57	11.26	11.32	11.44
12/05/2022	13.26	11.42	11.44	11.79
12/06/2022	12.04	11.48	11.79	11.51
12/07/2022	11.53	10.84	11.51	10.9
12/08/2022	11.08	10.83	10.9	11.08
12/09/2022	11.27	11.08	11.08	11.11
12/10/2022	11.47	11.08	11.11	11.21
12/11/2022	11.47	11.16	11.21	11.16
12/12/2022	11.16	10.92	11.16	11.01
12/13/2022	11.06	10.83	11.01	10.96
12/14/2022	11.09	10.6	10.96	10.68
12/15/2022	10.7	10.3	10.68	10.31
12/16/2022	10.34	8.835	10.31	8.852
12/17/2022	9.441	8.742	8.852	9.312
12/18/2022	9.314	9.145	9.312	9.187
12/19/2022	9.216	8.508	9.187	8.51
12/20/2022	8.749	8.509	8.51	8.703
12/21/2022	8.711	8.44	8.703	8.458
12/22/2022	8.525	8.433	8.458	8.496
12/23/2022	8.543	8.462	8.496	8.482
12/24/2022	8.768	8.45	8.482	8.62
12/25/2022	8.672	8.248	8.62	8.253
12/26/2022	8.75	8.236	8.253	8.73
12/27/2022	8.769	8.382	8.73	8.394
12/28/2022	8.438	8.064	8.394	8.07
12/29/2022	8.072	7.945	8.07	7.964
12/30/2022	8.001	7.885	7.964	7.887
12/31/2022	8.094	7.888	7.887	8.071
01/01/2023	8.074	7.955	8.071	7.989
01/02/2023	8.207	7.988	7.989	8.201
01/03/2023	8.222	7.98	8.201	7.983
01/04/2023	8.248	7.95	7.983	8.223
01/05/2023	8.261	8.032	8.223	8.038
01/06/2023	8.056	7.95	8.038	8.025
01/07/2023	9.198	7.996	8.025	8.562
01/08/2023	8.576	8.272	8.562	8.364
01/09/2023	9.216	8.357	8.364	8.93
01/10/2023	8.936	8.75	8.93	8.917
01/11/2023	8.978	8.877	8.917	8.96
01/12/2023	9.359	8.961	8.96	9.351
01/13/2023	9.749	9.349	9.351	9.745
01/14/2023	13.78	9.739	9.745	11.62
01/15/2023	13.6	11.44	11.62	12.84
01/16/2023	13.8	12.71	12.84	13.59
01/17/2023	15.26	13.33	13.59	14.61
01/18/2023	15.06	13.96	14.61	13.96
01/19/2023	14.9	13.8	13.96	14.45
01/20/2023	15.43	14.44	14.45	15.4
01/21/2023	16.19	15.37	15.4	15.59
01/22/2023	15.59	14.68	15.59	15.53
01/23/2023	16.02	15.52	15.53	16
01/24/2023	17.08	15.98	16	16.11
01/25/2023	19.65	15.62	16.11	18.41
01/26/2023	18.44	17.97	18.41	17.97
01/27/2023	17.98	17.23	17.97	17.39
01/28/2023	17.56	17.34	17.39	17.35
01/29/2023	18.02	17.31	17.35	18
01/30/2023	18.12	16.42	18	16.43
01/31/2023	16.87	16.32	16.43	16.78
02/01/2023	17.12	16.58	16.78	17.11
02/02/2023	18.26	17.1	17.11	17.66
02/03/2023	17.99	17.64	17.66	17.88
02/04/2023	17.92	17.79	17.88	17.88
02/05/2023	17.88	16.59	17.88	17.2
02/06/2023	18.08	17.2	17.2	17.69
02/07/2023	18.22	17.69	17.69	18.02
02/08/2023	18.1	17.65	18.02	17.78
02/09/2023	17.87	16.28	17.78	16.28
02/10/2023	17.17	16.17	16.28	17.14
02/11/2023	17.2	17	17.14	17.02
02/12/2023	17.09	16.8	17.02	16.8
02/13/2023	16.97	16.47	16.8	16.53
02/14/2023	17.06	16.51	16.53	17.02
02/15/2023	18.82	16.99	17.02	18.81
02/16/2023	21.66	18.8	18.81	20.37
02/17/2023	24.04	19.66	20.37	22.29
02/18/2023	22.63	22	22.29	22
02/19/2023	22.69	22	22	22.26
02/20/2023	22.85	21.83	22.26	22.84
02/21/2023	23.14	22.34	22.84	22.59
02/22/2023	24.55	22.59	22.59	22.91
02/23/2023	23.27	22.6	22.91	22.7
02/24/2023	22.71	21.29	22.7	21.41
02/25/2023	21.66	21.36	21.41	21.51
02/26/2023	22.64	21.5	21.51	22.63
02/27/2023	22.92	22.53	22.63	22.58
02/28/2023	22.69	22.34	22.58	22.35
03/01/2023	23.67	22.33	22.35	23.37
03/02/2023	23.39	22.54	23.37	22.65
03/03/2023	22.68	21.31	22.65	21.65
03/04/2023	21.88	21.2	21.65	21.26
03/05/2023	21.42	21.24	21.26	21.24
03/06/2023	21.57	21.09	21.24	21.35
03/07/2023	21.38	20.64	21.35	20.65
03/08/2023	20.67	19.91	20.65	19.91
03/09/2023	19.91	18.18	19.91	18.19
03/10/2023	22.72	17.31	18.19	19.78
03/11/2023	20.42	18.06	19.78	18.9
03/12/2023	22.62	18.81	18.9	20.66
03/13/2023	22.07	20.59	20.66	22.01
03/14/2023	24.31	21.89	22.01	23.18
03/15/2023	23.22	21.41	23.18	21.87
03/16/2023	22.47	21.76	21.87	22.45
03/17/2023	24.79	22.43	22.45	24.77
03/18/2023	25.37	24.7	24.77	24.71
03/19/2023	25.61	24.68	24.71	25.36
03/20/2023	26.57	24.95	25.36	25.73
03/21/2023	25.95	25.3	25.73	25.65
03/22/2023	25.66	24.14	25.65	24.23
03/23/2023	25.22	24.19	24.23	25.07
03/24/2023	25.2	23.48	25.07	23.76
03/25/2023	23.76	23.46	23.76	23.72
03/26/2023	24.42	23.72	23.72	24.23
03/27/2023	24.23	23.28	24.23	23.39
03/28/2023	23.97	23.33	23.39	23.97
03/29/2023	26.1	23.97	23.97	26.04
03/30/2023	26.04	24.97	26.04	25.14
03/31/2023	26.01	24.98	25.14	26.01
04/01/2023	26.29	26.01	26.01	26.08
04/02/2023	26.09	25.4	26.08	25.57
04/03/2023	27.39	25.39	25.57	26.04
04/04/2023	26.63	26.04	26.04	26.59
04/05/2023	27.22	26.58	26.59	26.58
04/06/2023	26.64	26.56	26.58	26.61
04/07/2023	26.68	26.33	26.61	26.36
04/08/2023	26.37	26.27	26.36	26.31
04/09/2023	26.61	26.01	26.31	26.6
04/10/2023	26.96	26.58	26.6	26.96
04/11/2023	27.16	26.93	26.96	27.12
04/12/2023	27.12	26.22	27.12	26.78
04/13/2023	28.38	26.8	26.78	28.37
04/14/2023	29.44	28.37	28.37	28.91
04/15/2023	30.17	28.91	28.91	30.05
04/16/2023	30.51	29.91	30.05	30.5
04/17/2023	30.52	29.84	30.5	30.39
04/18/2023	30.85	30.33	30.39	30.7
04/19/2023	30.73	27.79	30.7	27.79
04/20/2023	28.08	27.43	27.79	27.68
04/21/2023	27.69	26	27.68	26.02
04/22/2023	26.56	25.96	26.02	26.56
04/23/2023	26.76	26.42	26.56	26.69
04/24/2023	26.75	26.67	26.69	26.7
04/25/2023	26.77	26.68	26.7	26.71
04/26/2023	26.78	26.67	26.71	26.77
04/27/2023	26.83	26.74	26.77	26.78
04/28/2023	26.94	26.78	26.78	26.92
04/29/2023	27.02	26.91	26.92	26.98
04/30/2023	26.97	26.9	26.98	26.9
05/01/2023	26.91	26.8	26.9	26.82
05/02/2023	26.91	26.83	26.82	26.88
05/03/2023	26.87	26.76	26.88	26.81
05/04/2023	26.91	26.83	26.81	26.86
05/05/2023	26.92	26.81	26.86	26.84
05/06/2023	26.99	26.86	26.84	26.99
05/07/2023	26.99	26.9	26.99	26.99
05/08/2023	27.06	26.97	26.99	27.05
05/09/2023	27.04	26.95	27.05	26.97
05/10/2023	27.01	26.92	26.97	26.99
05/11/2023	26.99	26.93	26.99	26.97
05/12/2023	27.01	26.9	26.97	26.92
05/13/2023	26.92	26.82	26.92	26.87
05/14/2023	26.87	26.76	26.87	26.76
05/15/2023	26.84	26.73	26.76	26.79
05/16/2023	27.02	26.79	26.79	27
05/17/2023	27.12	26.85	27	27.09
05/18/2023	27.1	26.68	27.09	26.82
05/19/2023	27.01	26.81	26.82	27.01
05/20/2023	27.09	26.99	27.01	27.08
05/21/2023	27.09	27	27.08	27
05/22/2023	27.43	26.9	27	27.12
05/23/2023	28.02	27.1	27.12	27.82
05/24/2023	27.82	26.77	27.82	27.03
05/25/2023	27.21	26.5	27.03	27.09
05/26/2023	27.55	27.01	27.09	27.42
05/27/2023	27.53	27.28	27.42	27.45
05/28/2023	27.84	27.39	27.45	27.79