About NXM and REUSD
NXM is climbing, while Resupply USD is falling this week. The current NXM to REUSD conversion rate is 59.61. Inversely, this means that if you convert 1 REUSD you will get 0.01678 NXM. The conversion rate of NXM/REUSD has increased by 0.26% in the last hour (REUSD/NXM decreased by 0.26%). In the last 24 hours, NXM/REUSD grew by 1.57%, while REUSD/NXM shrunk by 1.55%.
The exchange rate of NXM is increasing. The current value of 1 NXM is 59.61 REUSD. In other words, to buy 5 NXM, it would cost you 298.05 REUSD. Inversely, 1 REUSD would allow you to trade for 0.01678 NXM while 50 REUSD would convert to 0.8388 NXM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.05%. Meanwhile, in the last 24 hours, the rate has changed by 1.75%, and that the highest exchange rate of 1 NXM to REUSD was 59.63 REUSD and the lowest 24 hour value was 1 NXM for 58.58 REUSD. Last month, 1 NXM was worth 68.87 REUSD. Today, it's down 13.44%. Looking back a year, NXM has changed by 90.01 REUSD. That means that in a single year, the value of NXM has shrank by 33.78%.
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.
Resupply USD Market Stats
A decentralized stablecoin backed by Collateralized Debt Positions (CDP), leveraging the liquidity and stability of lending markets. The Resupply stablecoin is backed by other stablecoins that are earning interest on other lending markets. Designed to maximize yield returns by having the borrow rate always be half the lending rate being earned, half the risk-free rate, or two percent, whichever is greater. Emissions are designed for long-term sustainability by directing at three groups: the insurance pool, voting incentives, and directly at borrowers. The revenue that borrowers generate will directly correlate with the emissions directed towards them. The more revenue a borrower generates for Resupply, the greater the share of emissions it will receive. Targeted platforms for launch are Curve Lend and Fraxlend.
Conversion tables
NXM to REUSD values from Today at 2:31 am
0.5 NXM = 29.80 REUSD |
1 NXM = 59.61 REUSD |
5 NXM = 298.05 REUSD |
10 NXM = 596.10 REUSD |
50 NXM = 2,980.48 REUSD |
100 NXM = 5,960.96 REUSD |
500 NXM = 29,804.79 REUSD |
1,000 NXM = 59,609.59 REUSD |
REUSD to NXM values from Today at 2:31 am
0.5 REUSD = 0.008388 NXM |
1 REUSD = 0.01678 NXM |
5 REUSD = 0.08388 NXM |
10 REUSD = 0.1678 NXM |
50 REUSD = 0.8388 NXM |
100 REUSD = 1.68 NXM |
500 REUSD = 8.39 NXM |
1,000 REUSD = 16.78 NXM |
NXM to REUSD over time
NXM | Today | 24H 1.72% | 1M -15.53% | 1Y -51.01% |
|---|---|---|---|---|
0.5 NXM | 29.80 REUSD | 29.29 REUSD | 34.43 REUSD | 45.01 REUSD |
1 NXM | 59.61 REUSD | 58.58 REUSD | 68.87 REUSD | 90.01 REUSD |
5 NXM | 298.05 REUSD | 292.92 REUSD | 344.33 REUSD | 450.07 REUSD |
10 NXM | 596.10 REUSD | 585.85 REUSD | 688.65 REUSD | 900.14 REUSD |
50 NXM | 2,980.48 REUSD | 2,929.25 REUSD | 3,443.26 REUSD | 4,500.70 REUSD |
100 NXM | 5,960.96 REUSD | 5,858.50 REUSD | 6,886.52 REUSD | 9,001.41 REUSD |
500 NXM | 29,804.79 REUSD | 29,292.50 REUSD | 34,432.62 REUSD | 45,007.05 REUSD |
1,000 NXM | 59,609.59 REUSD | 58,584.99 REUSD | 68,865.25 REUSD | 90,014.10 REUSD |
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