Wrapped NXM

Wrapped NXM Basic Information

Symbol: WNXM

Price: $68.6400

Volume: $401,175

Market Cap: $76,524,407

Fully Diluted Value: 76,511,400

Short Term Beta: For Premium Users Only

Beta: For Premium Users Only

Futures Curve: For Premium Users Only

Total Supply: 1,114,782

Type: Decentralized Finance (DeFi), Wrapped-Tokens

Wrapped NXM Trading Chart

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Wrapped NXM on Exchanges

Learn more about Wrapped NXM

NXM token itself is created solely for internal use within the Nexus Mutual protocol and all of its holders must go through KYC. As such, a wrapped version is created to allow more users to own the token without having to do KYC. In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance.  To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual. After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform. 

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