Nexo Price(NEXO)
Nexo price today is $ 0.855, down 0.03% in the last 24 hours.
The live Nexo (NEXO) price today is $ 0.855, with a 0.03% change over the past 24 hours. The current NEXO to USD conversion rate is $ 0.855 per NEXO.
Nexo currently ranks #79 by market capitalisation at $ 552.45M, with a circulating supply of 646.15M NEXO. During the last 24 hours, NEXO traded between $ 0.844 (low) and $ 0.8817 (high), reflecting market activity. Its all-time high stands at $ 4.62520770727918878, while the all-time low was $ 0.0433327.
In short-term performance, NEXO moved -0.02% in the last hour and +8.36% over the past 7 days. Over the past day, total trading volume reached $ 111.28K.
No.79
64.61%
0.02%
ETH
The current Market Cap of Nexo is $ 552.45M, with a 24-hour trading volume of $ 111.28K. The circulating supply of NEXO is 646.15M, with a total supply of 1000000000. Its Fully Diluted Valuation (FDV) is $ 855.00M.
-0.02%
-0.03%
+8.36%
+8.36%
Nexo (NEXO) is a cryptocurrency token that operates on the Ethereum platform. It is primarily used within the Nexo platform, a blockchain-based lending system that allows users to earn interest on cryptocurrencies and fiat currencies, and to borrow against their cryptocurrency holdings without selling them. Nexo's primary function is to serve as a utility token within this ecosystem, providing holders with benefits such as reduced interest rates on loans and dividends from Nexo's profits. The token operates on a fixed supply model, with 1 billion NEXO tokens issued at its inception. As a part of the broader DeFi (Decentralized Finance) movement, Nexo aims to provide financial services in a decentralized and transparent manner.
Explore live NEXO spot and futures markets, compare Nexo trading fees, and trade directly.
MEXC offers some of the lowest trading fees for Nexo: 0% maker / 0.05% taker for PI spot pairs, and 0.01% maker / 0.04% taker for PI futures.
Check out MEXC's competitive trading fees
Furthermore, you can trade selected spot tokens with absolutely no fees via MEXC's Zero Fee Fest.
Nexo is a blockchain-based lending protocol that offers banking services for retail users (e.g. lending, borrowing, trading, credit cards, etc.). Users can deposit their crypto assets on the Nexo platform for various benefits such as generating interest payments, and depositing collateral for loans. The NEXO token is used for governance and platform benefits, as well as to receive interest payments.
For a more in-depth understanding of Nexo, consider exploring additional resources such as the whitepaper, official website, and other publications:
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