NXUSD (NXUSD)

NXUSD (NXUSD) Price

This cryptocurrency is not listed for trading or services on Gate.

$1.015000
+$0.015984(+1.60%)

Market Cap

$19.25M

24h High

$1.031000

24h Low

$0.970395

24h Turnover

$11.71K

Total Supply

18.96M

Market Sentiment

Neutral

Price of NXUSD (NXUSD) Today in USD

The live price of NXUSD (NXUSD) today is $1.015000, with a 24h change of +1.60%. Over the same period, the low was $0.970395, the high was $1.031000, and the 24h trading volume was $11.71K. The current market cap is approximately $19.25M. It ranks #756 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $2.430000 (⁦2024-12-17⁩); the current price is -58.23% from the all-time high.

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
26
Fear
Last Week
51
Normal
Last Month
70
Greed

The Fear & Greed Index is currently 34/100, in the Fear zone; change from yesterday: +8, from last week: -17, and from last month: -36. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

About NXUSD (NXUSD)

Use Cases and Features

NXUSD was once available on the Wirex digital payment platform for customers to use for payments and savings. This describes a past platform use. After market volatility in late 2022, NXUSD permanently de-pegged from its $1 target, and Nereus Finance became inactive late that year. Accordingly, the Wirex use case should not be treated as a continuing service, nor should the $1 target be presented as still maintained.

Supply and Issuance Mechanism

NXUSD officially launched on May 11, 2022. At launch, the Genesis Event allowed early users to mint tokens at a 0% interest rate to bootstrap liquidity. That was an early minting arrangement and does not establish later terms or a total-supply figure. Following market volatility in late 2022, NXUSD permanently de-pegged from its $1 target, and the Nereus Finance protocol became inactive late that year.

Frequently Asked Questions About NXUSD (NXUSD)

Did the zero-interest borrowing proposal of 2022 still charge an origination fee?

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Why did NXUSD propose lending markets isolated by asset?

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What collateral was used for the NXUSD genesis mint, and where did the minted tokens go?

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Which exchange routes did the historical NXUSD/3CRV pool provide?

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How did the NXUSD/3CRV FIFO reward design differentiate liquidity providers?

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How did the WXT/NXUSD pool differ from the stablecoin exchange pool?

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How was the proposed Wirex redemption mechanism meant to create a lower-price incentive?

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Why did the historical upper-bound mechanism encourage borrowing and selling when NXUSD was above $1.12?

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What distinguished the initial collateral assets from proposed later collateral additions?

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How did the historical batch-minting proposal limit newly issued NXUSD?

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What time and size limits did the historical debt-repayment burn proposal set?

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How were WXT locking and eligibility for NXUSD staking rewards connected?

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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