Peanut

Peanut PriceNUX

Rank #4812

$0.005805

-3.47%
0NUX
1NUX$0.005805
0NUX
1NUX$0.005805

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About Peanut (NUX)

Contract

Explorers

Website

peanut.trade

Community

Peanut. Trade is a DFI price balancer, which protects LP from impermanent losses, reduces slip points and increases the profits of liquidity providers by restraining the price changes of large DEX transactions and corresponding assets on CEX. It has been integrated into the curve platform to reduce the risk of slip points and impermanence losses. It divides the assets of liquidity providers into two parts: 90% for providing liquidity on uniswap (or through other DEX) and 10% for automatic multi-level price balancing between uniswap, other DEX and CEX. Nux is an erc20 token that supports the peanut protocol. Nux utility function in order to balance the token rate on CEX and DEX platforms, it is not enough to have only one effective algorithm. This is just a tool. Without a large number of encrypted assets, it will not work properly. Peanut will provide a portion of such assets from its reserves. However, most of such assets will be provided by third parties, which will obtain passive income by lending their own resources. From individuals to investment funds, anyone can become such a liquidity provider (LP). In order to increase the liquidity of the peanut pool, users will need to deposit Nux tokens. Otherwise, peanout's algorithm will not be able to balance according to the mobility of users. Nux tokens enable our algorithms to be used with your assets. Liquidity providers (or ordinary users) should have enough Nux so that the peanut balance mechanism can start operating their liquidity. After making a profit, a 10% fee will be charged from the Nux token.

Peanut (NUX) Price Trends

24H High$0.006048
24H Low$0.005546
24H Volume$2.75K
Market Cap
$290.25K
All-Time High(ATH)$31.00
Circulating Supply
50.00M NUX
All-Time Low(ATL)$0.002456
Total Supply
50.00M NUX
Market Cap/FDV
100%
Max Supply
50.00M NUX
Fully Diluted Valuation
$290.25K
Market SentimentNeutral

Live Peanut (NUX) Price Update

Peanut price today is $0.005805 with a 24-hour trading volume of $2.75K, and as such Peanut has a market cap of $290.25K, giving it a market dominance of 0.0000063%. The Peanut price moved -3.47% in the last 24 hours.

Time period
Change amount
% Change
1H+$0.00005576+0.97%
24H-$0.0002086-3.47%
7D-$0.0003463-5.63%
30D-$0.003742-39.20%
1Y+$0.001549+36.40%

Credibility Indicators

69.44
Reliability Score
Rank #2161
PercentileTOP 15%

Popular NUX Exchanges

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