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About SPELL and NXM
Spell Token is climbing, while NXM is falling this week. The current SPELL to NXM conversion rate is 0.000001392. Inversely, this means that if you convert 1 NXM you will get 718,455.99 SPELL. The conversion rate of SPELL/NXM has decreased by 0.11% in the last hour (NXM/SPELL increased by 0.11%). In the last 24 hours, SPELL/NXM grew by 1.18%, while NXM/SPELL shrunk by 1.17%.
The exchange rate of Spell Token is increasing. The current value of 1 SPELL is 0.000001392 NXM. In other words, to buy 5 Spell Token, it would cost you 0.000006959 NXM. Inversely, 1 NXM would allow you to trade for 718,455.99 SPELL while 50 NXM would convert to 35,922,799.50 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, and that the highest exchange rate of 1 SPELL to NXM was 0.00000142 NXM and the lowest 24 hour value was 1 SPELL for 0.000001376 NXM. Last month, 1 SPELL was worth 0.000001315 NXM. Today, it's up 5.85%. Looking back a year, Spell Token has changed by 0.000003679 NXM. That means that in a single year, the value of Spell Token has shrank by 62.16%.
Spell Token Market Stats
SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00. SPELL can be staked to earn sSPELL, which grants governance rights and other rewards.
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
SPELL to NXM values from Today at 1:42 am
0.5 SPELL = 0.0000006959 NXM |
1 SPELL = 0.000001392 NXM |
5 SPELL = 0.000006959 NXM |
10 SPELL = 0.00001392 NXM |
50 SPELL = 0.00006959 NXM |
100 SPELL = 0.0001392 NXM |
500 SPELL = 0.0006959 NXM |
1,000 SPELL = 0.001392 NXM |
NXM to SPELL values from Today at 1:56 am
0.5 NXM = 359,228.00 SPELL |
1 NXM = 718,455.99 SPELL |
5 NXM = 3,592,279.95 SPELL |
10 NXM = 7,184,559.90 SPELL |
50 NXM = 35,922,799.50 SPELL |
100 NXM = 71,845,599.01 SPELL |
500 NXM = 359,227,995.04 SPELL |
1,000 NXM = 718,455,990.08 SPELL |
SPELL to NXM over time
SPELL | Today | 24H 0.96% | 1M 5.53% | 1Y -164.28% |
|---|---|---|---|---|
0.5 SPELL | 0.0000006959 NXM | 0.0000006892 NXM | 0.0000006575 NXM | 0.000001839 NXM |
1 SPELL | 0.000001392 NXM | 0.000001378 NXM | 0.000001315 NXM | 0.000003679 NXM |
5 SPELL | 0.000006959 NXM | 0.000006892 NXM | 0.000006575 NXM | 0.00001839 NXM |
10 SPELL | 0.00001392 NXM | 0.00001378 NXM | 0.00001315 NXM | 0.00003679 NXM |
50 SPELL | 0.00006959 NXM | 0.00006892 NXM | 0.00006575 NXM | 0.0001839 NXM |
100 SPELL | 0.0001392 NXM | 0.0001378 NXM | 0.0001315 NXM | 0.0003679 NXM |
500 SPELL | 0.0006959 NXM | 0.0006892 NXM | 0.0006575 NXM | 0.001839 NXM |
1,000 SPELL | 0.001392 NXM | 0.001378 NXM | 0.001315 NXM | 0.003679 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.