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Nexo

NEXO

Centralized crypto lending and wealth platform

Performances

RD Popularity Index

5365.63% (24h)
0100200300400500
Project Rank: 451/15394

RD Growth Index

5701.01% (24h)
0400800120016002000
Project Rank: 353/15394
Comparison:
1h24h7d30d60d90d
0.47%0.14%2.79%4.26%3.34%14.67%

Comparison

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
NEXO/USDT$0.9315$775$1,815$3,089,854148.91%
2NEXO/USDT$0.9305$4,271$4,541$497,75423.99%
3NEXO/USDT$0.9326$15,676$53,224$178,3698.60%
4NEXO/WETH$0.9337$17,202$17,150$156,4627.54%
5NEXO/USDT$0.9315$17,179$26,532$9,6660.47%
6NEXO/USD$0.9281$25,662$9,298$9,3130.45%
7NEXO/USDT$0.906$9,359$9,281$2,7080.13%
8NEXO/BTC$0.9218$10,375$25,123$8700.04%
9NEXO/BTC$0.9218$10,375$25,123$8700.04%
10NEXO/WETH$0.9459$185$184$1660.01%

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About Nexo

Nexo is a centralized crypto lending platform offering instant loans backed by digital assets like BTC, ETH, SOL, and XRP. Users deposit crypto as collateral and borrow stablecoins or fiat without selling their holdings, addressing the pain point of illiquidity while retaining upside potential. Its core competitiveness lies in products like Zero-interest Credit, which features 0% APR, no liquidation risk (collateral remains untouched regardless of price swings), and customizable terms with price-protection bands. This directly tackles the market's fear of forced liquidation during volatile markets. Nexo also emphasizes regulatory compliance, having restructured its European operations under MiCAR via licensed partners in Germany, and re-entered the U.S. market after resolving past regulatory issues. In the past six months (Feb-Aug 2026), Nexo launched Zero-interest Credit, which quickly gained traction with over $140 million in total loan volume and a 76% renewal rate. The platform also saw its share of the CeFi lending market grow to 7.02%, ranking third globally, even as the overall market contracted. Notably, Nexo faced regulatory fines in 2022-2024 (e.g., U.S. state-level actions) but has since pivoted to a compliance-first approach. No major negative events were reported in the last six months.

Updated: Aug 28, 2026

Nexo, a crypto lending platform, has experienced key regulatory milestones. In 2022, it faced a $500,000 fine from California regulators for offering unlicensed crypto-backed loans, highlighting the industry's compliance challenges. This followed a multi-state lawsuit led by New York's Attorney General for operating without proper registration. After these setbacks, Nexo paused U.S. operations but later returned to the market with a focus on high-net-worth clients, setting a minimum usage threshold of $5,000. These events underscore the company's navigation of regulatory pressures and its strategic pivot towards compliance and a more targeted client base.

Updated: Aug 28, 2026

Kosta Kantchev, Co-founder & CEO, holds a Master's in Finance from Webster University and a Bachelor's in Business Management & Finance from Richmond American University London. He previously co-founded Credissimo, a FinTech group.

Lorenzo Pellegrino, Chief Banking Officer, graduated from Bocconi University. He previously served as COO at PayRetailers and brings extensive experience in finance and operations.

Updated: Aug 28, 2026

Nexo recently saw a key team change, appointing Andres Ondarra as General Manager Argentina, who joined in June 2026.

Ondarra brings over 20 years of experience in financial services, having served as Binance's General Manager for Argentina and the Southern Cone, and held senior roles at Bitso, BTG Pactual, Bank of America Merrill Lynch, and Citi. He will succeed Federico Ogue to lead Nexo's next stage of growth in Argentina and drive local initiatives such as the Nexo Card.

Updated: Sep 8, 2026