What is Ease Staked NXM (STNXM)?
stNXM is a liquid staking token for Nexus Mutual capital providers. It allows users to underwrite coverage being sold on Nexus and receive premiums without needing to sacrifice liquidity and composability. This LST is a simple set-and-forget system where all of the administrative work of staking into various coverage pools is done for them, and yield generated from the protocol is rolled back into staking. stNXM generates real yield through a method previously unseen by any other yield-bearing tokens.
Where can you buy Ease Staked NXM?
Ease Staked NXM (STNXM) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for STNXM sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for STNXM. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.