Nexus Mutual NXM

Payout off peak

Paid to holders this week: 44% of the best week in 90 days ($16k against $36k), while revenue +71% over 30 days. Also: holders revenue is paid out, not a buyback.

Insurance, Ethereum, 193 days of data

Not in the main ranking: Not scored

Market cap

$80.9M

price $52.32 · 7d −6.0% · 30d −17.0%

FDV $80.0M (1.0× market cap)

source defillama

Counted per year

$543k

holders revenue of the last 30 days, $89k, × 365 ÷ 30, × type factor 0.5 (payouts count 50%)

Distributionbuyback share 100%

Pays out 1.2% of its market cap a year, using 100¢ of every $1 it earns.

Not a buyback: counts for 50% in the multiple (type factor 0.5), so the denominator is $543k instead of $1.1M.

Multiple

162×

median of all tokens 23.4×, against 162× here

Run-rate

218×

last 7 days $16k × 52 × 0.5 (type factor) = $404k a year

last week's payout to holders ran at 74% of the 30-day pace: the payout is slowing

What we checked

Valuation
Multiple 162× (type factor 0.5: payouts count 50%), 6.9× more expensive than the median of all tokens (23.4×; its category is too small for a peer group). It is itself the largest earner in the group. On total revenue: 80.9×, 4.5× dearer than the revenue peer median.
Distribution
Distribution: Revenue is paid out to stakers or holders (often in another asset); no buy pressure on the token. Holders got $89k of $89k revenue in 30 days → buyback share 100%. DefiLlama: “50% of premiums retained in the capital pool, benefiting all NXM Holders”
Sustainability
Holders were paid on 29 of 30 days (97%); largest single day 19% of the month's holders revenue; paid to holders this week: 44% of the best week in 90 days (more than half below peak). Revenue −18% over 7 days and +71% over 30 days, price −17% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

Payout >50% below peakthis week's holders revenue is 44% of its best week in the last 90 days ($36k)
Small peer group53 peers in universe; median taken from the universe level

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d): $89k / $89k; last 30 closed days
To holders: Pays out 1.2% of its market cap a year
FDV / dilution: $80.0M / 1.0×; FDV ÷ market cap
Price 7d / 30d: −6.0% / −17.0%
Revenue growth 7d / 30d: −18% / +71%; versus the period before
Divergence: 0.72; revenue growth minus price growth, 30d
DEX liquidity: —; trades mainly on exchanges
24h volume: $0; all markets, CoinGecko
Unlocks 30d: —; unlocks not tracked yet
Revenue multiple: 80.9×; market cap ÷ revenue per year
Fee multiple: 40.4×; market cap ÷ fees per year
Distance to peak: 44%; this week ÷ best week of 90 days
Data since: May 4; first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Multiple over time

today 162× (scored) · peer median 23.4×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

No signals for this token yet.

Versus peers

universe (whole universe) · 1 tokens · median multiple 23.4×

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
Token	Distribution	Multiple	Revenue multiple	Buyback share	To holders 30d	Market cap	Rev. growth 30d
Nexus Mutualleaderthis token	Distribution	162×	80.9×	100%	$89k	$80.9M	+71%

Score build-up46 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

46of 100 one or more parts are the neutral 50

Valuation 8.8Momentum 12.5Divergence 9.6Quality 14.7= 45.6

Valuation35%

25Valuation 25.0: HR half 0.0 (multiple 161.71×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 50.0 (revenue peer group fell back to the universe → neutral 50; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.

Momentum25%capped

50Momentum 70.8: m = 0.5·g7 −0.201 + 0.3·(ln(day jump 31.82) clamped ±1.5 = 1.500) + 0.2·g30 0.537 = 0.457; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.

Divergence20%capped

48Divergence 48.2: d = g30 − p30 = 0.723; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.

Quality20%

73Quality 73.3: mean of days HR>0 97% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 19% of HR30 → 91.3 (0 at ≥60%, 100 at ≤15%), distance to peak 0.44 → 28.6 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penaltiesnone

No penalty applies — 10 rules checked, 3 wait for research data

Where the numbers come from

Revenue source: 1 active child; DefiLlama adapter per child
Price and market cap: defillama / defillama; latest fetch
Scored on: October 30, 2026; as-of date of the last compute run
On-chain verified: not yet; not checked yet

Protocols behind this token1 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

Nexus Mutual Insurance
Insurance · Ethereum
type distribution · source text
“50% of premiums retained in the capital pool, benefiting all NXM Holders”
50% of premiums retained in the capital pool, benefiting all NXM Holders
adapter on GitHub ↗