Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM (the platform's own token).

NXM (NXM) news

Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM and WNXM. Wrapped NXM is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped NXM news today, WNXM crypto latest news of token ticker

Wrapped NXM

📣 LAUNCH ANNOUNCEMENT

🔵 OpenCover is now live on @BuildOnBase

🛡️ That's $200m+ of underwriting capital from @NexusMutual publicly accessible on L2 for the first time.

See why this is a breakthrough for onchain safety and get your first cover free (up to $100k)

👇🏻👇🏼👇🏽👇🏾👇🏿

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Congratulations to the @OpenCoverDeFi team on launching on Base 🔵

Now @BuildOnBase + @optimismFND users can buy Protocol Cover on L2 💪
🛡️ Get comprehensive protection against the major risks in DeFi
📉 Enjoy low transaction costs on L2

Learn more about OpenCover's launch ⬇️

Congratulations to the @OpenCoverDeFi team on launching on Base.