NXUSD (NXUSD)

NXUSD is the algorithmic stablecoin issued within the Nereus Finance ecosystem. Nereus is a decentralized, non-custodial liquidity market protocol that allows users to supply crypto assets to lending pools or borrow against collateral. The protocol is designed to function without a traditional intermediary: depositors provide liquidity and can earn yield, while borrowers access that liquidity under rules enforced by smart contracts.

The lending model supports both conventional over-collateralized borrowing and short-duration, one-block liquidity use cases. Over-collateralized loans are common across decentralized finance because they reduce counterparty risk by requiring borrowers to lock assets worth more than the amount borrowed. One-block liquidity, often associated with flash-loan-style transactions, enables capital to be borrowed and repaid within the same blockchain transaction, supporting arbitrage, refinancing, liquidations, and other advanced DeFi strategies.

Nereus positions itself around more flexible interest-rate design, including dynamic and fixed-rate options, as well as lower collateral requirements where the protocol’s risk framework permits them. The project’s broader aim is to support borrowing and lending activity that extends beyond short-term trading and speculation, giving users tools for liquidity management across decentralized finance.

NXUSD is intended to serve as a dollar-referenced unit within this environment. As an algorithmic stablecoin, its design relies on protocol mechanisms rather than a simple bank-deposit model, which makes transparency, collateral management, liquidity, and market confidence especially important. The asset’s utility is closely tied to demand for Nereus Finance’s lending markets and the stability of the mechanisms that support its peg. For users, NXUSD represents both a stable-value DeFi instrument and a component of Nereus’s broader money-market architecture.

0.99315 USD
+0.003612 (+0.37%)

Last updated

Market Cap
$18.8M
Fully Diluted Valuation
$18.8M
24 Hour Trading Vol
$773.4
Circulating Supply
19M
Total Supply
19M
Max Supply

No recent news is linked to this listing.

Market Cap
$18,833,962
Fully Diluted Valuation
$18,833,962
24 Hour Trading Vol
$773
24h High
$1.013
24h Low
$0.989252
24h Change
+0.37%
7d Change
-0.79%
30d Change
+1.57%
1y Change
+3.26%
Market Cap Rank
#837
Market Cap Rank (rehypothecated)
#1051
Circulating Supply
18,963,851
Total Supply
18,963,851
Max Supply
All-time high
$2.43 (-59.10%) · 17 Dec 2024, 15:09
All-time low
$0.03444433 (+2783.35%) · 2 Aug 2022, 23:15