What is NX TOKEN(NX)?

Basic information about NX

Coin name:

NX Token

Coin symbol:

Coin introduction:

NX Finance: A Comprehensive Yield and Point Leveraging Protocol on Solana Launched in Q2 2024, 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. As a composable leverage protocol, NX Finance supports multiple strategies tailored to different risk tolerances, enabling users to optimize their financial returns in a manner aligned with their specific investment goals. Key Features Leverage Strategies: NX Finance provides several leveraging options to enhance yields. The platform allows up to 10x leverage on interest-bearing assets through its Fulcrum Strategy, which uses Jupiter Liquidity Pool (JLP) as the underlying asset. Users can also leverage their positions up to 10x through the Gold Mining Strategy, which focuses on point farming and maximizing airdrop rewards. Diverse Collateral Options: The platform currently supports the use of Solana-based liquid staking tokens (LSTs) like vSOL and jupSOL as collateral, with plans to expand collateral types further. This flexibility allows users to choose collateral that aligns with their risk appetite and market outlook. No Active Management for Lenders: Lenders on NX Finance can deposit assets such as SOL or USDC into lending vaults without the need for active management. The platform’s automated strategies handle yield generation while protecting the principal, ensuring steady returns without requiring continuous user intervention. Fee Structure: NX Finance adopts a transparent fee model. A 10% performance fee is charged only on profits, with no fees applied in the event of losses. This contrasts with competitors who charge fees regardless of performance, creating a more favorable environment for users.

Current Price:

$0.003821More coin details

All-time high:

$0.10

All-time low:

$0.003631

NX Supply Info and Tokenomics

Circulating supply:

38,324,030

Total supply:

100,000,000

Max supply:

100,000,000

Market cap:

$146.42K

Fully diluted valuation:

$382.05K

What is the outlook and future value of NX?

The current market cap of NX is $146.42K, ranked 6133 in the market, showing that the market already recognizes the value of NX. When a bull market arrives, the market cap of NX may continue to grow.

Moreover, if NX can play a greater role in real-world applications—such as if the Monero developers can fully empower NX and establish partnerships with more business partners to expand its user base—then the long-term value of NX will be further enhanced.

What is the price of NX in 2027?

According to the historical price performance prediction model of NX, the price of NX is expected to reach $0.004012 at 2027.

Note: As with any crypto investment, investors should closely monitor NX’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get NX?

Purchasing NX with cash is not the only way to obtain NX. If you have enough time, you can get NX for free.

Learn how to get Hot rewards for free with NX.

Earn free NX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get NX airdrops for free.

All crypto airdrops and rewards can be exchanged for NX through LBank spot trading.

Buy NX starting from $1

What is NX used for and how to use it?

The use cases for NX may grow with the development of the crypto market and project progress. Currently, you can use NX to:

Arbitrage trading of NX

NX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many NX trading pairs to suit your needs.

Earn yield with NX

You can also lend out NX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your NX gains.

Send or pay with NX

If you want to pay someone with NX, you can easily and quickly send NX to them using their receiving address.

You can also visit the official website of NX Token to learn more use cases of NX, such as whether the NX Token project supports community/eco apps or buying physical or virtual goods with NX.