Nexus Mutual fundamentals

A space to discuss the fundamentals of ‘Nexus Mutual’.

Link to the dashboard: Nexus Mutual (NXM) - Key metrics | Dashboard | Token Terminal

Token Terminal <> Nexus Mutual | Monthly data update (April 2023)

Chains tracked: Ethereum

Methodology:

Metrics (April 2023):

Token Terminal <> Nexus Mutual | Monthly data update (May 2023)

Chains tracked: Ethereum

Methodology:

  • Transaction volume: Total value of coverage bought on Nexus Mutual
  • Fees: Total premiums paid by insurance buyers
  • Supply-side fees: N/A
  • Revenue: Share of premiums that goes to the protocol (NXM holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of distinct cover buyers on a daily basis
  • Weekly active users: Monthly average number of distinct cover buyers on a weekly basis, based on a 7-day rolling window
  • Monthly active users: Monthly average number of distinct cover buyers on a monthly basis, based on a 30-day rolling window
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (May 2023):

Token Terminal <> Nexus Mutual | Monthly data update (June 2023)

Chains tracked: Ethereum

Methodology:

  • Transaction volume: Total value of coverage bought on Nexus Mutual
  • Fees: Total premiums paid by insurance buyers
  • Supply-side fees: N/A
  • Revenue: Share of premiums that goes to the protocol (NXM holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of distinct cover buyers on a daily basis
  • Weekly active users: Monthly average number of distinct cover buyers on a weekly basis, based on a 7-day rolling window
  • Monthly active users: Monthly average number of distinct cover buyers on a monthly basis, based on a 30-day rolling window
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (June 2023):