NXUSD (NXUSD) stablecoin analytics
Answer First
What is NXUSD?
NXUSD is a Nereus Finance overcollateralized CDP issued on Avalanche and Polygon; 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
Is NXUSD safe?
Pharos does not assess NXUSD as safe: it holds a D Safety Score grade (46/100) in the latest published rating, which flags significant structural risk. 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.
Static Profile
Static stablecoin profile
NXUSD (NXUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
NXUSD is a crypto-backed debt token minted through Nereus Finance on Avalanche and Polygon via CDP mechanics, and the market around it has gone quiet: Pharos carries the price feed at low confidence, and the token has drifted on both sides of par, including a brief discount of several hundred basis points in July 2026. The peg line on the card still reads well because those episodes were short, which is why Pharos pairs the N/A overall grade with an exit pillar that is the weakest of the three rather than taking...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 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.
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 Sep 7, 2026.
NXUSD quick answers
What is NXUSD?
NXUSD is a Nereus Finance overcollateralized CDP issued on Avalanche and Polygon; 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
Is NXUSD safe?
Pharos does not assess NXUSD as safe: it holds a D Safety Score grade (46/100) in the latest published rating, which flags significant structural risk. 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.
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.
