What is Nexo (NEXO)?

Deep Dive

1. Purpose & Value Proposition

Nexo bridges crypto and traditional finance by letting users earn interest on idle assets (up to 16% APY), borrow against crypto collateral (from 2.9% APR), and spend via the Nexo Card. Its core mission is to maximize crypto utility without requiring asset liquidation, appealing to long-term holders seeking liquidity.

2. Ecosystem Fundamentals

The platform supports 100+ digital assets, offering:
- Credit Lines: Instant loans using crypto as collateral.
- Exchange: Swap assets with up to 0.5% cashback in NEXO.
- Card: Spend crypto or fiat globally, earning 2% crypto rewards.
- Institutional Services: OTC trading and tailored solutions for high-net-worth clients.

3. Tokenomics & Governance

The NEXO token (ERC-20, 18 decimals) powers a tiered loyalty program:
- Tiers: Silver, Gold, Platinum – based on NEXO holdings as a % of portfolio.
- Benefits: Higher yields, lower loan rates, fee-free withdrawals, and voting rights on platform upgrades.
- Supply: Fixed 1 billion tokens, with ~65% circulating as of September 2025.

Conclusion

Nexo positions itself as a one-stop platform for leveraging crypto holdings without selling, underpinned by its loyalty-driven token. How will its recent U.S. expansion and partnerships (e.g., DP World Tour) shape adoption among traditional finance users?