NXUSD
NXUSD Rank #930Price chart
What is NXUSD?
Launch and collateral
NXUSD's genesis issuance was 15 million tokens. Nereus collateralized that amount with 4 billion WXT. Its original implementation uses Avalanche's ERC-20 environment. Users deposit supported crypto collateral to borrow NXUSD. The protocol's model requires overcollateralization. Nereus introduced support for Aave and BENQI lending receipts in 2022. Those receipts represent deposited assets and associated lending income.
Protocol use
NXUSD provides a dollar-denominated asset within the Nereus ecosystem. The current ecosystem page continues to list NXUSD borrowing. It also lists a dedicated NXUSD Earn product. A separate liquidity-pool staking interface supports NXUSD-USDC positions. The published borrowing model advertises 0% ongoing interest. Origination charges are separate from that rate. Collateral requirements depend on the applicable market. NXUSD's dollar target relies on its collateral and market mechanisms, while traded prices can depart from that target.
Where to trade NXUSD
2 exchanges · top 10
Live spot quotes from connected exchanges
NXUSD funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.