Projects

Nexus Mutual - Logo

Nexus Mutual(NXM)

Insurance
Price
~$76.3646
Live
ATH
$184.41
2.6y ago
ATL
$7.44
3.9y ago
Chains
Ethereum - Logo
1 chain

7d price-3.1%

30d price+19.7%

90d price+2.8%

180d price+60.7%

Learn more

What is Nexus Mutual?

Nexus Mutual is a non-custodial insurance protocol built on Ethereum. Nexus Mutual was founded by Hugh Karp and launched in 2017.

How does Nexus Mutual work?

Risk accessors providers deposit funds into Nexus Mutual and receive insurance premiums from policyholders (currently as token incentives).

Who governs Nexus Mutual?

NXM tokenholders own and govern the protocol. They currently take all of the total insurance premiums paid by policyholders (revenue). Nexus Mutual's investors include KR1, Kenetic, Version One Ventures, etc.

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