Wrapped NXM (wNXM) is a token that is backed 1-to-1 by genuine NXM. It can be traded freely but cannot be used within the Nexus Mutual protocol.

The Nexus Wrapper is an application created by Nexus Mutual members to wrap NXM into a token that can be traded on both decentralized and centralized exchanges. The Nexus Wrapper is managed by Nexus Mutual DAO community members and was developed by the PepperSec team.

If you want to buy Wrapped NXM at the current rate, the top cryptocurrency exchanges for trading Wrapped NXM stock are Binance, Uniswap V2, Uniswap V3, Huobi, and OKX. You can find more options listed on our crypto exchanges page.

The Nexus Mutual protocol provides infrastructure for members to buy cover, underwrite risk, assess claims, and build risk management businesses. Within the protocol, the native token NXM is used to share risk and participate in the mutual. The token price is determined by a bonding curve based on the capital the mutual has and the capital needed to meet claim obligations with a certain probability.

Wrapped NXM (wNXM) is a token that is backed 1-to-1 by genuine NXM. It can be traded freely but cannot be used within the Nexus Mutual protocol.

The Nexus Wrapper is an application created by Nexus Mutual members. It allows NXM to be wrapped into a token that can be traded on decentralized and centralized exchanges. The Nexus Wrapper and the wNXM token are managed by Nexus Mutual DAO community members.

If you are looking to buy Wrapped NXM, you can do so on popular cryptocurrency exchanges such as Binance, Uniswap V2, Uniswap V3, Huobi, and OKX. For more options, you can refer to our crypto exchanges page.

The Nexus Mutual protocol provides the infrastructure for members to buy cover, underwrite risk, assess claims, and build risk management businesses. The native token NXM is used within the protocol to share risk and participate in the mutual.

The price of NXM is determined by a bonding curve, which takes into account the capital held by the mutual and the capital needed to meet claim obligations with a certain probability.