WNXM (WNXM) Price

WNXM (WNXM) is a wrapped version of NXM tokens from Nexus Mutual, an Ethereum-based decentralized insurance protocol. Currently ranked #737, WNXM trades at $56.65 with a 24-hour change of -3.75%. As an ERC-20 token, WNXM allows NXM to be freely traded on decentralized exchanges, unlike native NXM which can only be used within the Nexus Mutual platform. WNXM has a market capitalization of $26.11M with 461.03K WNXM tokens in circulation. The 24-hour trading volume stands at $908.58, with prices ranging between $55.20 and $60.46 during this period. WNXM operates in the DeFi insurance sector, providing a tradable representation of NXM governance tokens. Since its launch on July 28, 2020, WNXM has become an important part of the Ethereum ecosystem, enabling broader access to Nexus Mutual's insurance protocol benefits without platform restrictions.

WNXM was created on July 28, 2020. It was launched as an ERC-20 token on the Ethereum blockchain, designed to represent NXM tokens from the Nexus Mutual platform in a wrapped format. This wrapping mechanism allows NXM tokens, which are normally restricted to the Nexus Mutual ecosystem, to be freely traded on various decentralized exchanges and used within the broader DeFi ecosystem. WNXM maintains a 1:1 peg with the native NXM token while providing greater liquidity and accessibility to users who want exposure to Nexus Mutual's insurance protocol without directly participating in the platform.

WNXM was created by Nexus Mutual, a decentralized insurance protocol founded by Hugh Karp. WNXM is a wrapped version of the native NXM token, designed to provide greater liquidity and accessibility. While Hugh Karp is the primary founder of Nexus Mutual, the wrapped token implementation was developed by the Nexus Mutual team to allow NXM tokens to be traded freely outside the Nexus Mutual platform. The wrapped version was launched on July 28, 2020, enabling broader market participation while maintaining the underlying utility of the original NXM token within the Nexus Mutual ecosystem.

WNXM operates as a wrapped version of NXM tokens, making them ERC-20 compatible and freely tradable on decentralized exchanges. While native NXM tokens can only be traded within the Nexus Mutual platform, WNXM allows users to access NXM liquidity across the broader Ethereum ecosystem. The token functions as a 1:1 representation of NXM, currently priced at $56.65 with a -3.75% change in the last 24 hours. With a market cap of $26.11M and 461.03K WNXM in circulation, WNXM enables users to participate in the Nexus Mutual ecosystem without the restrictions of the native token. As a DeFi insurance token, WNXM inherits NXM's utility while adding trading flexibility. The token has seen significant growth, with a $908.58 trading volume in the past day. WNXM operates on the Ethereum blockchain, making it compatible with various DeFi protocols and wallets while maintaining its connection to Nexus Mutual's insurance services.

WNXM operates on a wrapped token architecture built on the Ethereum blockchain. Technically, WNXM is an ERC-20 compliant token that represents NXM tokens from the Nexus Mutual protocol in a tradable format. The underlying smart contract (address: 0x0d438f3b5175bebc262bf23753c1e53d03432bde) enables 1:1 wrapping of NXM tokens, allowing them to be freely traded on decentralized exchanges while the native NXM tokens remain restricted to the Nexus Mutual platform. The wrapping mechanism works through a deposit/withdrawal system where users can deposit NXM to receive WNXM or burn WNXM to retrieve NXM. This architecture solves the liquidity problem of the native token while maintaining its utility within the insurance ecosystem. The total supply of WNXM is capped at 985.55K WNXM, with all tokens currently in circulation. As part of the Ethereum ecosystem, WNXM benefits from Ethereum's security model and interoperability with other DeFi protocols.

WNXM future is closely tied to the Nexus Mutual ecosystem, focusing on decentralized insurance solutions. The roadmap includes expanding coverage options beyond smart contract failures to include custody risks and exchange hacks. By 2027, WNXM aims to implement cross-chain functionality, allowing users to access insurance products across multiple blockchains. Key developments planned include: • Enhanced governance mechanisms giving WNXM holders more voting power • Improved liquidity solutions to address the current 461.03K WNXM supply constraints • Integration with more DeFi protocols to increase utility The team is also working on reducing gas fees for transactions and improving the claims assessment process. With the growing demand for DeFi insurance products, WNXM is positioned to potentially reach $56.65 × 3-5 within the next few years if market adoption continues. The long-term vision includes becoming the standard for decentralized insurance in Web3, with potential price appreciation correlating with the overall growth of the DeFi insurance sector, which remains underdeveloped compared to traditional insurance markets.

WNXM is rising due to its strong performance in the DeFi insurance sector, showing -3.75% growth in the last 24 hours. Recent platform upgrades, increased adoption of Ethereum-based insurance products, and growing interest in DeFi risk management solutions are driving this upward trend.

WNXM is currently experiencing a price correction despite showing a -3.75% increase in the last 24 hours. Market factors include profit-taking after recent gains, as the token has risen --% in the past month. The DeFi insurance sector's volatility and broader crypto market trends also influence WNXM's price movements.

WNXM has shown strong growth potential, currently trading at $56.65 with a -3.75% change. Based on its DeFi utility in insurance and recent --% surge over 60 days, WNXM could reach $100 by 2027 and potentially $150-200 by 2031 if market adoption continues.

WNXM price could rise in the near future based on its recent performance showing a -3.75% increase in the last 24 hours and a 86.5% surge over 60 days. With growing interest in DeFi insurance platforms, WNXM may continue its upward trend through 2027.

The current price of WNXM (WNXM) is $56.65. As the #737 cryptocurrency by market cap, WNXM has seen a -3.75% change in the last 24 hours with a trading volume of $908.58.

The highest price WNXM has ever reached was approximately $178.50 in September 2020, shortly after its launch. Since then, WNXM has experienced significant price fluctuations, currently trading at $56.65 with a market cap of $26.11M.

The lowest price of WNXM ever recorded was $3.02, which occurred on November 4, 2020, shortly after its launch. Since then, WNXM has experienced significant price fluctuations, with its current price at $56.65 as of 2026-05-08.

Currently, 1 WNXM is worth $56.65.

WNXM derives its value from being a wrapped version of NXM, making it tradable on secondary markets. It represents ownership in Nexus Mutual's insurance protocol, offering exposure to DeFi insurance without platform restrictions. With $56.65 and $26.11M market cap, it benefits from growing demand for crypto insurance solutions.

Currently, there are 461.03K WNXM WNXM tokens in circulation, with a total supply of 985.55K WNXM. This fixed supply has remained unchanged since the token's launch in July 2020 on the Ethereum blockchain. WNXM is a wrapped version of NXM that allows for trading outside the Nexus Mutual platform.

No, WNXM (WNXM) is not mineable. It's an ERC-20 token on the Ethereum blockchain that represents NXM from the Nexus Mutual platform. The token is obtained through wrapping NXM rather than mining activities. As of 2026-05-08, WNXM trades at $56.65 with a market cap of $26.11M.

WNXM was launched on July 28, 2020. It's a wrapped version of NXM tokens that allows them to be freely traded outside the Nexus Mutual platform on the Ethereum blockchain.

Currently, one WNXM costs $56.65.

You can buy WNXM through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy WNXM at $56.65. Crypto ATMs also offer direct purchases.

To purchase WNXM, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to WNXM trading pair, enter purchase amount, and confirm your transaction. Store your WNXM in a secure wallet for safekeeping.

Yes, WNXM is a legitimate cryptocurrency operating on the Ethereum platform. As a wrapped version of NXM, it allows NXM tokens to be traded freely outside the Nexus Mutual platform. With a market cap of $$26.11M and ranked #737, WNXM serves the DeFi insurance sector and has shown stability with -3.75% change in the last 24 hours.

WNXM is a wrapped version of NXM token that allows trading outside the Nexus Mutual platform. As an ERC-20 token on Ethereum, WNXM represents the same value as NXM but with greater liquidity and accessibility. Currently priced at $56.65, it's ranked 737 with a market cap of $26.11M.

XPR coin is not related to WNXM. WNXM is a wrapped version of NXM token that enables trading on decentralized exchanges. It's used in the Nexus Mutual ecosystem for decentralized insurance services, allowing users to participate in coverage for smart contract risks and DeFi protocols.

Currently, 1 WNXM is worth $56.65. The price has changed -3.75% in the last 24 hours, with a trading volume of $908.58. WNXM ranks #737 with a market cap of $26.11M.

Tidex coin is not related to WNXM. WNXM is a wrapped version of NXM token that operates on the Ethereum blockchain. It enables NXM to be freely traded outside the Nexus Mutual platform, focusing on decentralized insurance services in the DeFi ecosystem.