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About NXM and UMA
NXM is climbing, while UMA is falling this week. The current NXM to UMA conversion rate is 137.64. Inversely, this means that if you convert 1 UMA you will get 0.007265 NXM. The conversion rate of NXM/UMA has increased by 0.09% in the last hour (UMA/NXM decreased by 0.09%). In the last 24 hours, NXM/UMA grew by 1.65%, while UMA/NXM shrunk by the same amount.
The exchange rate of NXM is increasing. The current value of 1 NXM is 137.64 UMA. In other words, to buy 5 NXM, it would cost you 688.21 UMA. Inversely, 1 UMA would allow you to trade for 0.007265 NXM while 50 UMA would convert to 0.3633 NXM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.81%. Meanwhile, in the last 24 hours, the rate has changed by 1.62%, which means that the highest exchange rate of 1 NXM to UMA was 140.14 UMA and the lowest 24 hour value was 1 NXM for 135.40 UMA. Last month, 1 NXM was worth 111.62 UMA. Today, it's up 18.91%. Looking back a year, NXM has changed by 62.25 UMA. That means that in a single year, the value of NXM has grown by 54.77%.
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.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
NXM to UMA values from Today at 3:09 am
0.5 NXM = 68.82 UMA |
1 NXM = 137.64 UMA |
5 NXM = 688.21 UMA |
10 NXM = 1,376.43 UMA |
50 NXM = 6,882.13 UMA |
100 NXM = 13,764.27 UMA |
500 NXM = 68,821.35 UMA |
1,000 NXM = 137,642.70 UMA |
UMA to NXM values from Today at 3:10 am
0.5 UMA = 0.003633 NXM |
1 UMA = 0.007265 NXM |
5 UMA = 0.03633 NXM |
10 UMA = 0.07265 NXM |
50 UMA = 0.3633 NXM |
100 UMA = 0.7265 NXM |
500 UMA = 3.63 NXM |
1,000 UMA = 7.27 NXM |
NXM to UMA over time
NXM | Today | 24H 1.62% | 1M 18.91% | 1Y 54.77% |
|---|---|---|---|---|
0.5 NXM | 68.82 UMA | 67.71 UMA | 55.81 UMA | 31.13 UMA |
1 NXM | 137.64 UMA | 135.41 UMA | 111.62 UMA | 62.25 UMA |
5 NXM | 688.21 UMA | 677.07 UMA | 558.08 UMA | 311.27 UMA |
10 NXM | 1,376.43 UMA | 1,354.13 UMA | 1,116.16 UMA | 622.54 UMA |
50 NXM | 6,882.13 UMA | 6,770.66 UMA | 5,580.81 UMA | 3,112.69 UMA |
100 NXM | 13,764.27 UMA | 13,541.32 UMA | 11,161.62 UMA | 6,225.38 UMA |
500 NXM | 68,821.35 UMA | 67,706.59 UMA | 55,808.11 UMA | 31,126.88 UMA |
1,000 NXM | 137,642.70 UMA | 135,413.18 UMA | 111,616.22 UMA | 62,253.76 UMA |
Frequently asked questions
Right now, 1 NXM is worth about $51.20.
Based on the current rate, you could get 0.01953 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 0.09765 NXM. Inversely, 5 NXM will cost about $256.02
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.