Become a member
Membership is required before you can buy cover, stake NXM, vote, or file a claim. See Membership for the fee, the eligibility rules, and what membership grants.
Before you start
Read the membership agreement and check the restricted jurisdictions list. Membership is held by a single wallet address, and you can change it later. See Membership for how.
Connect your wallet
Go to the Nexus Mutual app and connect your wallet. You need a connected wallet before you can start identity verification.
Verify your identity
Complete identity verification in the app. Choose individual or company verification, then submit the requested documents.
Wait for approval
The app shows your verification status as the review progresses. Approval activates the next step, paying the membership fee.
Join onchain
Pay the 0.0020 ETH membership fee to join onchain. This is a one-time fee, and your membership activates once the transaction confirms.
What happens next
Once membership activates, you can:
- Buy cover to protect a position against a risk
- Stake NXM to underwrite risk and earn a share of cover fees
- Swap NXM to swap ETH for NXM
- File a claim after a loss on cover you hold
- Vote on proposals to decide protocol and DAO outcomes