This section is informational. Data comes from public sources and is not investment advice. Digital assets are volatile and may lose value.
Nexus Mutual is on-chain mutual insurance: members contribute capital to a shared pool and cover each other against smart contract failure or custodian default. NXM represents membership and a share in that capital.
The token is tied to membership and trades under restrictions; exchanges usually list the wNXM wrapper, whose price can diverge from the book value of the share.
A reference description of the project, not investment advice.