NEXO (NEXO) price today
NEXO is the token of Nexo, a centralized platform for crypto-backed loans and yield accounts: holders access better rates through the loyalty program.
NEXO price now
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.
What is NEXO?
Nexo was founded in 2018 and offers loans backed by crypto assets, interest-paying accounts, trading and a card. It is a centralized company: customer funds are held in the platform's custody.
The NEXO token is the basis of the company's loyalty program.
How NEXO works
Customers are placed in tiers according to the share of NEXO relative to their total balance on the platform. Higher tiers pay lower interest on loans and earn higher yields, plus card cashback.
Benefits, rates and criteria for each tier are set by the company and change over time.
What NEXO is used for
- Access to tiers of Nexo's loyalty program.
- Receiving interest on the platform, optionally paid in the token itself.
- Voting in consultations the company holds with holders.
Risks and points of attention
- Counterparty risk: assets are held by a company, and similar platforms collapsed in 2022.
- Regulatory history: Nexo settled with US authorities in 2023 over its yield product.
- Token utility restricted to the platform itself.
- Product availability varies by country.
Key facts
| Symbol | NEXO |
|---|---|
| Asset type | Token |
| Launch | 2018 |
| Issuer or organization | Nexo (lending and yield platform) |
| Network | Token on Ethereum |
| Maximum supply | 1 billion NEXO |
Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.
Official links
Frequently asked questions about NEXO
Is Nexo an exchange?
It is mainly a crypto lending and yield platform that also offers trading. Customer assets are held in the company's custody.
What is the NEXO token used for?
To move up tiers in the loyalty program, which brings lower interest on loans and higher yields on accounts.
Is yield on a centralized platform safe?
It is not guaranteed. The customer bears the risk that the company cannot honor withdrawals, as happened with other platforms in the sector in 2022.
Where does the NEXO price on this page come from?
The panel shows the NEXO price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.