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About RED and NXM
Redstone is climbing, while NXM is falling this week. The current RED to NXM conversion rate is 0.001792. Inversely, this means that if you convert 1 NXM you will get 558.08 RED. The conversion rate of RED/NXM has decreased by 0.2% in the last hour (NXM/RED increased by 0.2%). In the last 24 hours, RED/NXM grew by 2.17%, while NXM/RED shrunk by the same amount.
The exchange rate of Redstone is increasing. The current value of 1 RED is 0.001792 NXM. In other words, to buy 5 Redstone, it would cost you 0.008959 NXM. Inversely, 1 NXM would allow you to trade for 558.08 RED while 50 NXM would convert to 27,903.94 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.94%. Meanwhile, in the last 24 hours, the rate has changed by 2.08%, and that the highest exchange rate of 1 RED to NXM was 0.001878 NXM and the lowest 24 hour value was 1 RED for 0.001743 NXM. Last month, 1 RED was worth 0.0021 NXM. Today, it's down 17.22%. Looking back a year, Redstone has changed by 0.004384 NXM. That means that in a single year, the value of Redstone has shrank by 144.69%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
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.
Conversion tables
RED to NXM values from Today at 1:11 pm
0.5 RED = 0.0008959 NXM |
1 RED = 0.001792 NXM |
5 RED = 0.008959 NXM |
10 RED = 0.01792 NXM |
50 RED = 0.08959 NXM |
100 RED = 0.1792 NXM |
500 RED = 0.8959 NXM |
1,000 RED = 1.79 NXM |
NXM to RED values from Today at 1:11 pm
0.5 NXM = 279.04 RED |
1 NXM = 558.08 RED |
5 NXM = 2,790.39 RED |
10 NXM = 5,580.79 RED |
50 NXM = 27,903.94 RED |
100 NXM = 55,807.87 RED |
500 NXM = 279,039.36 RED |
1,000 NXM = 558,078.71 RED |
RED to NXM over time
RED | Today | 24H 2.08% | 1M -17.22% | 1Y -144.69% |
|---|---|---|---|---|
0.5 RED | 0.0008959 NXM | 0.0008773 NXM | 0.00105 NXM | 0.002192 NXM |
1 RED | 0.001792 NXM | 0.001755 NXM | 0.0021 NXM | 0.004384 NXM |
5 RED | 0.008959 NXM | 0.008773 NXM | 0.0105 NXM | 0.02192 NXM |
10 RED | 0.01792 NXM | 0.01755 NXM | 0.021 NXM | 0.04384 NXM |
50 RED | 0.08959 NXM | 0.08773 NXM | 0.105 NXM | 0.2192 NXM |
100 RED | 0.1792 NXM | 0.1755 NXM | 0.21 NXM | 0.4384 NXM |
500 RED | 0.8959 NXM | 0.8773 NXM | 1.05 NXM | 2.19 NXM |
1,000 RED | 1.79 NXM | 1.75 NXM | 2.10 NXM | 4.38 NXM |
Frequently asked questions
Right now, 1 Redstone is worth about $0.0902.
Based on the current rate, you could get 11.09 RED for 1 USD.
Redstone price has been on the rise. Since yesterday, the exchange rate of Redstone has increased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 55.43 RED. Inversely, 5 RED will cost about $0.451
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Frankencoin, Janction, and Astar. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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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.