Convert Coinbase Wrapped Staked ETH CBETH to NXM NXM
CBETH to NXM: 1 Coinbase Wrapped Staked ETH converts to 44.61 NXM
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About cbETH and NXM
Coinbase Wrapped Staked ETH is climbing, while NXM is falling this week. The current cbETH to NXM conversion rate is 44.61. Inversely, this means that if you convert 1 NXM you will get 0.02241 cbETH. The conversion rate of cbETH/NXM has increased by 0.61% in the last hour (NXM/cbETH decreased by 0.6%). In the last 24 hours, cbETH/NXM grew by 0.29%, while NXM/cbETH shrunk by 0.29%.
The exchange rate of Coinbase Wrapped Staked ETH is increasing. The current value of 1 cbETH is 44.61 NXM. In other words, to buy 5 Coinbase Wrapped Staked ETH, it would cost you 223.07 NXM. Inversely, 1 NXM would allow you to trade for 0.02241 cbETH while 50 NXM would convert to 1.12 cbETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.06%, and that the highest exchange rate of 1 cbETH to NXM was 44.93 NXM and the lowest 24 hour value was 1 cbETH for 44.20 NXM. Last month, 1 cbETH was worth 45.80 NXM. Today, it's down 2.59%. Looking back a year, Coinbase Wrapped Staked ETH has changed by 46.59 NXM. That means that in a single year, the value of Coinbase Wrapped Staked ETH has shrank by 4.23%.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
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
CBETH to NXM values from Today at 11:36 pm
0.5 CBETH = 22.31 NXM |
1 CBETH = 44.61 NXM |
5 CBETH = 223.07 NXM |
10 CBETH = 446.14 NXM |
50 CBETH = 2,230.68 NXM |
100 CBETH = 4,461.35 NXM |
500 CBETH = 22,306.76 NXM |
1,000 CBETH = 44,613.52 NXM |
NXM to CBETH values from Today at 11:41 pm
0.5 NXM = 0.01121 CBETH |
1 NXM = 0.02241 CBETH |
5 NXM = 0.1121 CBETH |
10 NXM = 0.2241 CBETH |
50 NXM = 1.12 CBETH |
100 NXM = 2.24 CBETH |
500 NXM = 11.21 CBETH |
1,000 NXM = 22.41 CBETH |
CBETH to NXM over time
CBETH | Today | 24H 0.06% | 1M -2.66% | 1Y -4.42% |
|---|---|---|---|---|
0.5 CBETH | 22.31 NXM | 22.29 NXM | 22.90 NXM | 23.29 NXM |
1 CBETH | 44.61 NXM | 44.59 NXM | 45.80 NXM | 46.59 NXM |
5 CBETH | 223.07 NXM | 222.93 NXM | 229.01 NXM | 232.93 NXM |
10 CBETH | 446.14 NXM | 445.86 NXM | 458.01 NXM | 465.86 NXM |
50 CBETH | 2,230.68 NXM | 2,229.28 NXM | 2,290.07 NXM | 2,329.31 NXM |
100 CBETH | 4,461.35 NXM | 4,458.55 NXM | 4,580.15 NXM | 4,658.61 NXM |
500 CBETH | 22,306.76 NXM | 22,292.75 NXM | 22,900.75 NXM | 23,293.06 NXM |
1,000 CBETH | 44,613.52 NXM | 44,585.51 NXM | 45,801.50 NXM | 46,586.13 NXM |
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