NXUSD (NXUSD) stablecoin analytics
NXUSD is a Nereus Finance overcollateralized CDP minted on Avalanche; the token has shown a sustained soft-depeg pattern between $0.95 and $1.01.
Static Profile
Static stablecoin profile
NXUSD (NXUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Small Avalanche CDP stablecoin minted by Nereus Finance against overcollateralized lending positions; transparent enough to track, risky enough to score conservatively, with a sustained soft-depeg pattern. NXUSD is a crypto-backed debt token minted through Nereus Finance on...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Overcollateralized Nereus Finance lending positions, primarily Avalanche ecosystem crypto collateral
- Peg Mechanism
- Borrowed stablecoin minted against overcollateralized deposits in Nereus markets and repaid or liquidated through protocol rules
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Avalanche.
Snippet Answer
Is NXUSD safe?
Pharos does not mark NXUSD as absolutely safe. Static metadata says NXUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety nxusd-nereus
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
NXUSD quick answers
What is NXUSD (NXUSD)?
NXUSD is a Nereus Finance overcollateralized CDP minted on Avalanche; the token has shown a sustained soft-depeg pattern between $0.95 and $1.01. The static profile records its US Dollar peg mechanism as: Borrowed stablecoin minted against overcollateralized deposits in Nereus markets and repaid or liquidated through protocol rules
What backs NXUSD?
Pharos classifies NXUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Nereus Finance lending positions, primarily Avalanche ecosystem crypto collateral Reserve evidence: live reserve feed configured.
Can NXUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for NXUSD, when applicable, appear in the dossier below.