Buy Wrapped NXM with Coinbase Wallet

Wrapped NXM can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$92.4M

Volume (24h)

$2.4M

Circulating supply

1.3M WNXM

All time high

$134.14

Price change (1h)

+0.11%

Price change (24h)

+1.73%

Price change (7d)

+17.48%

About Wrapped NXM

WrappedNXM (wNXM) is a 1-to-1 backed token generated by wrapping genuine NXM. In brief, wrapped tokens are the cryptocurrencies that are pegged or attached to the value of another crypto or assets. Thus, it bypasses the limitation of transferring native coins, i.e., tokens that reside on native blockchains. Here, NXM is an ERC20-compatible token of the Nexus Mutual protocol, a decentralized alternative to insurance. Nexus Mutual is a digital cooperative that complies with the relevant laws and regulations of the country from where it accepts members. The project aims to provide the community members with simple, transparent, accessible, and affordable financial protection against their risks. Although fully tradable, wNXM cannot be used within the Nexus Mutual platform. Since NXM is traded only among members, only Nexus Mutual members can wrap/unwrap NXM.

According to the website, the key features of the NXM project seek to be the following:

In addition, the NXM token aims to bind together the internal economics of the mutual by seeking to reward the active members for participating in the day-to-day operations of the mutual. Besides this, token-driven economic incentives aim to enforce claims payments. Token also works as a capital provider to the mutual. As the mutual’s capital pool increases, the value of NXM seeks to also increase. 

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Wrapped NXM in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Wrapped NXM is on the rise this week.

The price of Wrapped NXM has increased by 0.11% in the last hour and increased by 1.73% in the past 24 hours. Wrapped NXM’s price has also risen by 17.48% in the past week. The current price is $72.27 per WNXM with a 24-hour trading volume of $2.37M. Currently, Wrapped NXM is valued at 46.12% below its all time high of $134.14. This all-time high was the highest price paid for Wrapped NXM since its launch.

The current circulating supply of Wrapped NXM is 1,278,534.291 WNXM which means that Wrapped NXM has as total market cap of 1,278,534.291.

FAQ

What is the current price of Wrapped NXM?

We update our Wrapped NXM to USD currency in real-time. Get the live price of Wrapped NXM on Coinbase.

What is the market cap of Wrapped NXM?

The current market cap of Wrapped NXM is $92.40M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Wrapped NXM?

The all-time high of Wrapped NXM is $134.14. This all-time high is highest price paid for Wrapped NXM since it was launched.

What is the 24 hour trading volume of Wrapped NXM?

Over the last 24 hours, the trading volume of Wrapped NXM is $2.37M.

What other assets are similar to Wrapped NXM?

Assets that have a similar market cap to Wrapped NXM include The Root Network, ARPA Chain, Gods Unchained, and many others. To see a full list, see our comparable market cap assets.

How many Wrapped NXM are there?

The current circulating supply of Wrapped NXM is 1.3 million.

Can I buy Wrapped NXM on Coinbase?

Yes, Wrapped NXM is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Wrapped NXM guide.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.