NX Token

NX Price

NX Token Overview

NX Finance is a decentralized yield and leverage protocol designed to offer a wide range of financial strategies within the Solana ecosystem. The platform integrates both yield aggregation and PointFi mechanisms, allowing users to maximize returns through leveraged positions, yield farming, and point-based rewards.

Unique Features of NX Token

NX Finance provides several leveraging options to enhance yields, including a Fulcrum Strategy with up to 10x leverage on interest-bearing assets and a Gold Mining Strategy with up to 10x leverage on point farming and airdrop rewards. The platform also supports diverse collateral options, such as Solana-based liquid staking tokens, and has a transparent fee model with a 10% performance fee charged only on profits.

History of NX Token

NX Finance was launched in Q2 2024.

Future Plans for NX Token

There are plans to expand collateral types further on the NX Finance platform.

Use Cases for NX Token

NX Finance allows users to maximize returns through leveraged positions, yield farming, and point-based rewards, and supports multiple strategies tailored to different risk tolerances, enabling users to optimize their financial returns in a manner aligned with their specific investment goals.

Where can you buy NX Token?

NX tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade NX Token is Meteora, where the most active trading pair NX/WSOL has a trading volume of $46.55 in the last 24 hours.

What is the daily trading volume of NX Token (NX)?

The trading volume of NX Token (NX) is $46.64 in the last 24 hours, representing a 4.90% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for NX Token (NX)?

NX Token (NX) reached an all-time high of $0.1004 and an all-time low of $0.002036. It’s now trading -97.60% below that peak and 20.00% above its lowest price.

What is the market cap of NX Token (NX)?

Market capitalization of NX Token (NX) is $242,970 and is ranked #4590 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NX tokens (99 Million tokens are tradable on the market today).

What is the fully diluted valuation of NX Token (NX)?

The fully diluted valuation (FDV) of NX Token (NX) is $244,432. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million NX tokens are in circulation today. Depending on how the emission schedule of NX tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of NX Token compare against its peers?

With a price decline of -5.50% in the last 7 days, NX Token (NX) is underperforming the global cryptocurrency market which is down -0.30%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are down -4.20%.