Performances
RD Popularity Index
RD Growth Index
Comparison
Developer
Follow Updates
Follow Lists
People
About Nivo
Nivo is an on-chain FX hedging platform primarily serving SMEs. Its core business is helping companies lock in future exchange rates to avoid currency fluctuation risks. Users input invoice amount and contract date, Nivo provides a locked rate, users pay a small margin, and at maturity the difference is settled according to the agreed rate. The platform has no minimum amount limit, transparent fees, and all contracts are recorded on-chain for verifiability. The market pain point is that traditional bank FX hedging has high thresholds (usually minimum $150k) and complex processes, making it difficult for SMEs. Nivo lowers the barrier through a decentralized protocol, enabling small transactions to hedge. In the past six months, Nivo has not had major public news, but previously was selected for the Base accelerator program and continues to operate its services.
Nivo, a stablecoin-based FX hedging platform for LATAM SMEs, made significant strides in H1 2026. In May, it was selected for the Base Batches 003 accelerator (Coinbase), one of 12 startups from 1,770 applicants. By June, Nivo completed the program, pitching to VCs in San Francisco and launching its pilot with three Colombian exporters (combined $25M annual sales). The company's core mission is democratizing FX derivatives, traditionally limited to large corporations, by offering no-minimum, transparent hedging settled in USDC. Development focus: Q3 2026 public app launch, expansion from Colombia to Brazil and Mexico, and building on-chain infrastructure to eliminate the "volatility tax" for SMEs, NGOs, and exporters. Nivo emphasizes its role in bringing real-world assets (FX forwards) onchain, leveraging Base's ecosystem for low-cost, accessible financial tools.
Nicolas Arevalo (Co-founder & CEO)
Nicolas Arevalo is the co-founder and CEO of Nivo, an onchain FX hedging platform for SMEs in Latin America. He has over 12 years of experience in finance and crypto, previously serving as Head of DeFi – Ecosystem Development at Parity Technologies, Ecosystem Development Director at Acala, and Institutional Sales Associate at Kaiko. He also worked as an equity options trader and held roles at ICAP and Bancolombia. Nicolas is based in Amsterdam and is also co-founder of Velocity Labs, a DeFi venture studio.