Nexo

Sell pressure. No new coins: the code cannot create more and the old release periods ended in 2022. Nexo holds about 768M NEXO in its own wallets, but they barely moved.

Buy pressure. No buyback round since 2022 and no burn, so nothing leaves the float.

Net. Net, supply stays at 0.00% in 90 days, and the same next.

Inflation

Last 90 Days

0.00%

checked · Oct 17 2026

Net flow: 0.00% of supply stays in the market (roughly neutral) over 90 days

Next 90 Days

0.00%

estimate

Net flow: 0.00% of supply stays in the market (roughly neutral) next 90 days

Mixed flows · supply roughly steady

Sell pressure

1. Protocol inflation

NEXO is a token on Ethereum, not its own chain, so nobody earns new coins for running it. All 1B NEXO were created once, in April 2018. We read the token's code on-chain: it has no function that can make more, and total supply stayed at exactly 1B through the window.

permanent · no change

2. Vesting unlocks

The token's own code once held the team, advisers, community and reserve shares on timed release. The last of those release periods ended in 2022, so nothing is left on a schedule.

permanent · no change

3. Foundation + unscheduled unlocks

Nexo the company holds most of the coins. About 353.85M sit in four release slots inside the token that only Nexo can empty, 213.23M in its treasury, 114.80M in its investor protection reserve and 86.15M in the token owner's wallet — about 768.03M in total. Another wallet with no public name holds exactly 100M. None of these moved in these 90 days except 2,000 NEXO out of the treasury. All of them already count as circulating, so even a big sale would not add new supply.

checked · Oct 17 2026

4. Long-term locked or bankruptcy

Nexo is a working company, not in bankruptcy, and no court or trustee is releasing NEXO.

checked · Oct 17 2026

Buy pressure

1. Programmatic buyback

Nexo ran buyback rounds of $12M in 2020, $100M in 2021 and $50M in 2022 and kept the coins in its investor protection reserve, which now holds 114.80M NEXO. We found no new round since 2022, the reserve did not move in a year, and it already counts as circulating, so a new purchase there would take nothing out of the float.

checked · Oct 17 2026

2. Protocol fee burn

The token has no burn function and Nexo does not burn NEXO. The dead address held the same 10.7 NEXO at both ends of the window.

checked · Oct 17 2026

3. Foundation buy

No Nexo wallet we track received NEXO in these 90 days; the treasury sent out 2,000 and the rest stayed the same.

checked · Oct 17 2026

4. New long-term lock

Clients hold NEXO on the platform to reach higher loyalty tiers and earn interest, but those coins can be taken out at any time, and there is no lock contract.

checked · Oct 17 2026

Supply check · sell, buy & net

Last 90D

Next 90D

Sell total (M NEXO)

0.000

Buy total (M NEXO)

0.000

Sell % of circ

0.000%

Buy % of circ

0.000%

Net inflation %

0.000%

Circulating supply: 1000.000M NEXO

Read the full Inflation Analysis

NEXO: every coin already exists, and nothing adds or burns any.

Long-form mechanism walk. ~5 min.

Metric 2 of 3

NEXO · Coin Demand

Two sides: how much people want NEXO right now, and how much buying could come later.

1 / 5Low

Current demand0.5 / 2.5

It shows how hot NEXO is right now. A better rank means more people are talking about it.

NEXO on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about

#100 · Oct 17 2026

Today, people are talking about NEXO for one reason:

1
NEXO can now be traded on Kraken.
On Oct 22 2026, Kraken opened NEXO trading at 3 PM UTC on Kraken and Kraken Pro, with three pairs: NEXO/USD, NEXO/USDT and NEXO/USDC. It is a new place for US-dollar buyers to reach the coin. People ask if a big exchange listing brings new buyers or only a short bump.

Checked Oct 24 2026

Metric 3 of 3

NEXO · Price DriversBeta

The few things that can move NEXO's price that supply and demand miss.

1 · Nexo's markets

Quiet

New markets open → price upnowRegulators push it out → price down

Jan 19 2023Pays $45M, quits US
Feb 16 2026Back in the US
Jul 8 2026Argentina card launch
Aug 19 2026Australia credit lines
Aug 2026Listed on Bithumb
Today

Back in the US since Feb 2026; new markets keep opening.

Data

Date	What happened / what is coming
Jan 19 2023	Pays $45M, quits US
Feb 16 2026	Back in the US
Jul 8 2026	Argentina card launch
Aug 19 2026	Australia credit lines
Aug 2026	Listed on Bithumb

Checked Oct 17 2026

2 · Bulgaria $3B claim

Watch

Nexo wins damages → price upClaim thrown out → price down

Jan 18 2024$3B claim vs Bulgaria
Jun 6 2025Tribunal formed
Jan 22 2026Jurisdiction step first
Jul 10 2026Nexo jurisdiction brief
Sep 16 2026Bulgaria reply filed
Today

Case still fights over jurisdiction; no hearing date is public.

Data

Date	What happened / what is coming
Jan 18 2024	$3B claim vs Bulgaria
Jun 6 2025	Tribunal formed
Jan 22 2026	Jurisdiction step first
Jul 10 2026	Nexo jurisdiction brief
Sep 16 2026	Bulgaria reply filed

Checked Oct 17 2026

NEXO supply: questions people ask

Is NEXO inflationary or deflationary?

As of Oct 17 2026, NEXO supply moves 0.00% in 90 days and 0.00% in a year, so NEXO is about flat. What is created and what is removed roughly match.

What is the NEXO inflation rate in 2026?

NEXO supply grows 0.00% over the next 12 months and 0.00% over the next 90 days (checked Oct 17 2026). That puts NEXO #88 of 101 coins we track for new supply (#1 = the most new supply).

When is the next NEXO token unlock?

No dated NEXO unlock is scheduled in the next 90 days (checked Oct 17 2026).

Is any NEXO burned or bought back?

Not in a way that removes NEXO today: nothing takes NEXO off the market over the next 90 days (checked Oct 17 2026). No buyback round since 2022 and no burn. Past buybacks sit in a 114.80M NEXO reserve that already counts as circulating.

Where does new NEXO supply come from?

Almost no new NEXO reaches the market over the next 90 days (checked Oct 17 2026). No new NEXO: the token code cannot create coins and its old release periods ended in 2022. Nexo holds about 768M NEXO, all already counted as circulating, and it barely moved.

How much NEXO is in circulation?

NEXO has about 1B coins in circulation as of Oct 17 2026; the next 90 days change that by 0.00% (0.00% over a year).

Does NEXO have more new supply than ZRO, LIT or APT?

Over the next 90 days (checked Oct 17 2026): NEXO 0.00%, ZRO +18.63%, LIT +5.41%, APT +2.03%. NEXO has the least new supply of these 4 coins.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasDog judge every coin, and why is 0.00% shown in green?

We look at two things: supply and demand. Fewer new coins mean less selling pressure. We also show each coin's age, with a warning when it is younger than 1 year. Demand shows how much people want the coin. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss. NEXO supply is not growing (0.00% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.

What do Watch NEXO alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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