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About USDS and NXM
USDS is falling, while NXM is climbing this week. The current USDS to NXM conversion rate is 0.9999. Inversely, this means that if you convert 1 NXM you will get 1.00 USDS. The conversion rate of USDS/NXM has increased by 0.22% in the last hour (NXM/USDS decreased by 0.22%). In the last 24 hours, USDS/NXM shrunk by 1.73%, while NXM/USDS grew by the same amount.
The exchange rate of USDS is increasing. The current value of 1 USDS is 0.9999 NXM. In other words, to buy 5 USDS, it would cost you 4.9995 NXM. Inversely, 1 NXM would allow you to trade for 1.00 USDS while 50 NXM would convert to 50.01 USDS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 97.87%. Meanwhile, in the last 24 hours, the rate has changed by 98%, which means that the highest exchange rate of 1 USDS to NXM was 0.02007 NXM and the lowest 24 hour value was 1 USDS for 0.01942 NXM. Last month, 1 USDS was worth 0.02088 NXM. Today, it's up 97.91%. Looking back a year, USDS has changed by 0.01306 NXM. That means that in a single year, the value of USDS has grown by 98.69%.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
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
USDS to NXM values from Today at 5:06 am
0.5 USDS = 0.50 NXM |
1 USDS = 0.9999 NXM |
5 USDS = 5.00 NXM |
10 USDS = 10.00 NXM |
50 USDS = 50.00 NXM |
100 USDS = 99.99 NXM |
500 USDS = 499.95 NXM |
1,000 USDS = 999.90 NXM |
NXM to USDS values from Today at 5:06 am
0.5 NXM = 0.5001 USDS |
1 NXM = 1.00 USDS |
5 NXM = 5.00 USDS |
10 NXM = 10.00 USDS |
50 NXM = 50.01 USDS |
100 NXM = 100.01 USDS |
500 NXM = 500.05 USDS |
1,000 NXM = 1,000.10 USDS |
USDS to NXM over time
USDS | Today | 24H 98.00% | 1M 97.91% | 1Y 98.69% |
|---|---|---|---|---|
0.5 USDS | 0.50 NXM | 0.009983 NXM | 0.01044 NXM | 0.006531 NXM |
1 USDS | 0.9999 NXM | 0.01997 NXM | 0.02088 NXM | 0.01306 NXM |
5 USDS | 5.00 NXM | 0.09983 NXM | 0.1044 NXM | 0.06531 NXM |
10 USDS | 10.00 NXM | 0.1997 NXM | 0.2088 NXM | 0.1306 NXM |
50 USDS | 50.00 NXM | 0.9983 NXM | 1.04 NXM | 0.6531 NXM |
100 USDS | 99.99 NXM | 2.00 NXM | 2.09 NXM | 1.31 NXM |
500 USDS | 499.95 NXM | 9.98 NXM | 10.44 NXM | 6.53 NXM |
1,000 USDS | 999.90 NXM | 19.97 NXM | 20.88 NXM | 13.06 NXM |
Frequently asked questions
Right now, 1 USDS is worth about $0.9999.
Based on the current rate, you could get 1.00 USDS for 1 USD.
You can use our USDS to USD calculator at the top of this page to convert any amount of USDS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 USDS. Inversely, 5 USDS will cost about $5.00
USDS is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDS.
There are a number of crypto assets that have the a similar or comparable market cap to USDS, including Lido Staked ETH, Lido wstETH, and Wrapped Bitcoin. For a more robust list of assets to explore, jump to the asset page dedicated to USDS.
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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.