Nexus Mutual (Wormhole)
1. Summary
- Description
-
Nexus Mutual (Wormhole) is a decentralized crypto insurance platform that allows members to share and manage risks collectively. It provides superior protection against various risks in the crypto space, including protocol failures, validator penalties, depegging events, and centralized exchange losses. The platform operates a Ratcheting Automated...
Nexus Mutual (Wormhole) is a decentralized crypto insurance platform that allows members to share and manage risks collectively. It provides superior protection against various risks in the crypto space, including protocol failures, validator penalties, depegging events, and centralized exchange losses. The platform operates a Ratcheting Automated Market Maker (RAMM) mechanism to manage liquidity and maintain a stable token value. Members can mint and redeem NXM, the platform's native token, ensuring that all claims can be confidently paid in the event of a major loss. Nexus Mutual prioritizes security, with its code reviewed by industry auditors and a bug bounty program in place.
| Price | |
| All Time High (ATH) Date | 3rd Nov 2024 (3 months ago) |
| All Time Low (ATL) Date | 3rd Nov 2024 (3 months ago) |
| Supply & Trading Volume |
How does Nexus Mutual (Wormhole)'s () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
0.0%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 310,561 |
| Active Discord Users | 15,592 |
| Telegram Users | |
| Twitter followers | 67,003 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://wormholenetwork.com/ |
|---|---|
| Explorer | https://solscan.io/token/Aqs5ydqKXEK2cjotDXxHmk8N9... |
| @wormholecrypto |
What is the correct contract address for Nexus Mutual (Wormhole)?
| Solana | Aqs5ydqKXEK2cjotDXxHmk8N9PknqQ5q4ZED4ymY1eeh |
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Has Nexus Mutual (Wormhole) been audited for security?
No security audits found for this project.
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