What Nexo is
Nexo is a Layer-1 smart-contract platform, currently ranked 75th by market capitalization among the assets we track. As a proof-of-stake Layer-1, Nexo hosts applications, settles their transactions, and lets NEXO holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.
Nexo (NEXO) is a cryptocurrency platform that provides instant crypto credit lines and earn interest on digital assets, allowing users to leverage their crypto holdings. It combines traditional finance with blockchain technology to offer services like borrowing and interest-earning accounts.
How consensus and the token economy connect
Staking ties the token's value to network security: more NEXO bonded means a costlier attack, and stakers are paid for taking that role. Unstaking queues and slashing parameters shape how liquid that capital really is.
NEXO is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Nexo operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 18 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in NEXO. CoinPaprika classifies the project's development status as "Only token". In sector terms it is most often filed under Platform, Smart Contracts, and Ethereum (ETH) Token (ERC-20).
Where Nexo sits in the market
Trading around $0.7146, Nexo carries a market capitalization of $461.76M. Around $11.05M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 2.39% of the float — a healthy level of activity for an asset this size.
Nexo carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. NEXO remains -82% beneath its all-time high of $4.07, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.2523, NEXO is up +183%.
What the price history shows
Recent moves read 24-hour -1.87%, 7-day -6.35%, 30-day -6.94%, 1-year -32.98%. Across roughly the last 365 days of daily candles, NEXO endured a peak-to-trough drawdown of about 51% before stabilizing.
Volatility profile
Recent action puts Nexo in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -6.94%, a useful input for stop placement and position sizing.
How to evaluate Nexo
A grounded read on NEXO comes down to three questions:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of NEXO staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Nexo over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
