NX Finance: A Comprehensive Yield and Point Leveraging Protocol on Solana
Launched in Q2 2024, NX Finance is a decentralized yield and leverage protocol designed to offer a wide range of financial strategies within the Solana ecosystem. The platform integrates both yield aggregation and PointFi mechanisms, allowing users to maximize returns through leveraged positions, yield farming, and point-based rewards. As a composable leverage protocol, NX Finance supports multiple strategies tailored to different risk tolerances, enabling users to optimize their financial returns in a manner aligned with their specific investment goals.
Key Features
Leverage Strategies: NX Finance provides several leveraging options to enhance yields. The platform allows up to 10x leverage on interest-bearing assets through its Fulcrum Strategy, which uses Jupiter Liquidity Pool (JLP) as the underlying asset. Users can also leverage their positions up to 10x through the Gold Mining Strategy, which focuses on point farming and maximizing airdrop rewards.
Diverse Collateral Options: The platform currently supports the use of Solana-based liquid staking tokens (LSTs) like vSOL and jupSOL as collateral, with plans to expand collateral types further. This flexibility allows users to choose collateral that aligns with their risk appetite and market outlook.
No Active Management for Lenders: Lenders on NX Finance can deposit assets such as SOL or USDC into lending vaults without the need for active management. The platform’s automated strategies handle yield generation while protecting the principal, ensuring steady returns without requiring continuous user intervention.
Fee Structure: NX Finance adopts a transparent fee model. A 10% performance fee is charged only on profits, with no fees applied in the event of losses. This contrasts with competitors who charge fees regardless of performance, creating a more favorable environment for users.
Where is NX Token available for purchase?
You can exchange NX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading NX Token is Meteora, notably the NX/SOL pair, which saw a trading volume of $ 497.3 in the past day.
What is the highest value NX Token (NX) has ever reached?
NX Token (NX) reached its peak price at 0.1004 $ on 19 January 2025, approximately 7 months ago ago. Presently, the current price is -70.16% lower than this all-time high.
What is the historical minimum price for NX Token (NX)?
The minimum price reached for NX Token (NX) was 0.02453 $, documented on 22 June 2025, more than 2 months ago. In comparison, the current price is 22.07%, it above this historical low.
What is the fully diluted valuation of NX Token (NX)?
The fully diluted valuation (FDV) of NX Token (NX) stands at $ 3,11 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 NX tokens. The realization of this FDV might take several years depending on the emission schedule of NX tokens.