Nexus MutualNexus MutualRank #306

Nexus Mutual (NXM) — Analytics

Real-time price analysis, risk metrics & trend forecasting

Current Price
$47.40
-0.26% (24h)

Price Chart (14d)

24h range: $46.45$48.62

23/55/6

Composite Score

29
out of 100
Trend10
Momentum0
Low Volatility70
Range Position44
RSI Balance19
1D Return
-0.26%
bearish
7D Return
-10.34%
bearish
14D Return
-12.51%
bearish
Volatility
1.80%
Daily std dev
RSI (14)
18.2
bullish
Relative Strength Index

Key Metrics

Market Cap
82.01M
24h Volume
0
MA7
$50.20
bearish
MA14
$52.10
Intraday Range
4.58%
bullish
Position in Range
44%
neutral
Momentum 7d
-5.47
bearish
Trend Slope
-0.5476
bearish

Signals

Trendbearish
Momentumbearish
Volatilitybullish
Range Positionneutral
RSIbullish

Outlook

Naive (MA7)
$50.20
Momentum
$46.62
Trend Slope
↓ Downtrendbearish

Auto-Insights

MA7 below MA14 → short-term downtrend.
Price at 44% of 24h range → balanced.
RSI = 18.2 → oversold.
14d return = -12.51% with volatility 1.80% → controlled dynamics.

Calculation Methodology

MetricFormula
Daily Return(Price_today − Price_yesterday) / Price_yesterday
14d Return(Price_now / Price_14d_ago − 1) × 100%
Intraday Range(24h High − 24h Low) / Price × 100%
Position in Range(Price − 24h Low) / (24h High − 24h Low) × 100%
MA7 / MA14Average price over 7 / 14 days
MomentumPrice_now − Price_7d_ago
RSI (14)100 − 100 / (1 + Avg Gain / Avg Loss)
Scoreavg(Trend + Momentum + inv.Volatility + Range + RSI)

Prices FAQ

What is the price of Nexus Mutual (NXM)?
The current Nexus Mutual (NXM) price is $47.4.
What is the market cap of Nexus Mutual (NXM)?
The current market cap of Nexus Mutual is $82,014,305.
What is the 24h high and low price of Nexus Mutual (NXM)?
The 24-hour high is $48.62 and the 24-hour low is $46.45.

About Nexus Mutual

Creator / Founder
Launch Date
Not disclosed
Owner / Org
etherscan.io
Algorithm
Category
Decentralized Finance (DeFi)
Official Website
nexusmutual.io

How Nexus Mutual Works

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. 

About Nexus Mutual

Nexus Mutual (NXM) is a decentralized digital asset that operates on a blockchain network. The project focuses on providing robust utility, security, and innovative financial solutions for its users within the broader cryptocurrency ecosystem.

Nexus Mutual Whitepaper Summary

Overview

The official documentation and whitepaper for Nexus Mutual (NXM) outline its primary use cases, underlying technology, and the consensus mechanism it relies on to maintain a secure and decentralized network.

Technology & Tokenomics

As the native asset of its ecosystem, NXM is designed to facilitate transactions, participate in governance, and incentivize network security. The tokenomics ensure a sustainable distribution model aligned with the project's long-term roadmap.

All data, metrics, and summaries presented on this page are based on the sources and methodologies described in our About page.