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About NXM and OP
NXM is climbing, while Optimism is falling this week. The current NXM to OP conversion rate is 500.23. Inversely, this means that if you convert 1 OP you will get 0.001999 NXM. The conversion rate of NXM/OP has decreased by 0.1% in the last hour (OP/NXM increased by 0.1%). In the last 24 hours, NXM/OP grew by 1.73%, while OP/NXM shrunk by the same amount.
The exchange rate of NXM is increasing. The current value of 1 NXM is 500.23 OP. In other words, to buy 5 NXM, it would cost you 2,501.14 OP. Inversely, 1 OP would allow you to trade for 0.001999 NXM while 50 OP would convert to 0.09995 NXM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.5%. Meanwhile, in the last 24 hours, the rate has changed by 2.05%, which means that the highest exchange rate of 1 NXM to OP was 502.29 OP and the lowest 24 hour value was 1 NXM for 488.40 OP. Last month, 1 NXM was worth 445.89 OP. Today, it's up 10.86%. Looking back a year, NXM has changed by 99.36 OP. That means that in a single year, the value of NXM has grown by 80.14%.
NXM Market Stats
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
Conversion tables
NXM to OP values from Today at 6:51 pm
0.5 NXM = 250.11 OP |
1 NXM = 500.23 OP |
5 NXM = 2,501.14 OP |
10 NXM = 5,002.28 OP |
50 NXM = 25,011.41 OP |
100 NXM = 50,022.81 OP |
500 NXM = 250,114.06 OP |
1,000 NXM = 500,228.13 OP |
OP to NXM values from Today at 6:51 pm
0.5 OP = 0.0009995 NXM |
1 OP = 0.001999 NXM |
5 OP = 0.009995 NXM |
10 OP = 0.01999 NXM |
50 OP = 0.09995 NXM |
100 OP = 0.1999 NXM |
500 OP = 0.9995 NXM |
1,000 OP = 2.00 NXM |
NXM to OP over time
NXM | Today | 24H 2.05% | 1M 10.86% | 1Y 80.14% |
|---|---|---|---|---|
0.5 NXM | 250.11 OP | 244.98 OP | 222.94 OP | 49.68 OP |
1 NXM | 500.23 OP | 489.96 OP | 445.89 OP | 99.36 OP |
5 NXM | 2,501.14 OP | 2,449.81 OP | 2,229.43 OP | 496.81 OP |
10 NXM | 5,002.28 OP | 4,899.62 OP | 4,458.86 OP | 993.61 OP |
50 NXM | 25,011.41 OP | 24,498.11 OP | 22,294.29 OP | 4,968.07 OP |
100 NXM | 50,022.81 OP | 48,996.22 OP | 44,588.58 OP | 9,936.14 OP |
500 NXM | 250,114.06 OP | 244,981.08 OP | 222,942.89 OP | 49,680.72 OP |
1,000 NXM | 500,228.13 OP | 489,962.16 OP | 445,885.78 OP | 99,361.44 OP |
Frequently asked questions
Right now, 1 NXM is worth about $51.27.
Based on the current rate, you could get 0.0195 NXM for 1 USD.
NXM price has been on the rise. Since yesterday, the exchange rate of NXM has increased. Since last month, the exchange rate of NXM has increased. Since this time last year, the price of NXM has decreased.
You can use our NXM to USD calculator at the top of this page to convert any amount of NXM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.09752 NXM. Inversely, 5 NXM will cost about $256.37
NXM is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy NXM.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.