Numeraire
NMR#263| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -1.13% | +1.03% | -15.30% | +34.57% | -11.36% |
About Numeraire
Numeraire Price History
Numeraire (NMR) reached its all-time high of $93.15 on May 16, 2021, and trades 87.5% below that peak today. Its all-time low was $2.06 on November 26, 2018, and the price has since risen 467% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $9.5547 | $17.8477 | $6.4901 | $11.6831 | +22.28% |
| 2025 | $16.39 | $20.7851 | $6.2723 | $9.4656 | -42.25% |
| 2024 | $21.80 | $52.23 | $11.10 | $15.00 | -31.19% |
| 2023 | $12.35 | $24.62 | $10.93 | $20.41 | +65.26% |
| 2022 | $32.46 | $32.72 | $7.81 | $12.26 | -62.23% |
| 2021 | $22.92 | $88.83 | $22.70 | $31.40 | +37.00% |
| 2020 | $5.575 | $55.53 | $5.575 | $22.38 | +301.43% |
| 2018 | $39.76 | $52.44 | $3.10 | $4.705 | -88.17% |
| 2017 | $45.78 | $103.60 | $9.311 | $32.77 | -28.42% |
Numeraire News
No recent news for Numeraire.
Numeraire FAQ
What is Numeraire (NMR)?
Numeraire (NMR) is an Ethereum-based cryptocurrency created by Numerai, a hedge fund that crowdsources trading models from data scientists. NMR is used to incentivize and coordinate predictions in Numerai's weekly tournaments. It runs on the Ethereum blockchain as an ERC-20 token.
How does Numeraire work?
Data scientists submit predictions to Numerai's tournament and stake NMR tokens on their models. If their model performs well, they earn more NMR; if it performs poorly, they lose staked tokens. This staking mechanism aligns incentives and ensures honest, high-quality contributions to the fund's trading strategy.
What is the NMR token used for?
NMR is the staking token of the Numerai platform. Data scientists stake NMR to signal confidence in their predictions, and the token is also used to reward successful contributions. It is an ERC-20 token on Ethereum, meaning it can be held in any compatible wallet and traded on various exchanges.
How does Numeraire differ from other crypto projects?
Unlike most cryptocurrencies that aim to be money or smart-contract platforms, Numeraire is specifically tied to a real-world hedge fund. NMR's value is linked to participation in Numerai's prediction tournaments, where staking aligns data scientists' incentives with the fund's performance. This niche use case distinguishes it from general-purpose blockchain tokens.
What is the current price of Numeraire?
Numeraire is currently priced at $11.68, up 1.03% in the last 24 hours. It is ranked #263 by market capitalization. Over the past 7 days, NMR is down 15.30%.
What is Numeraire's market cap?
Numeraire has a market capitalization of $89.05M. The 24-hour trading volume is $13.81M, reflecting the total value of NMR traded across all exchanges in the last day.
How many Numeraire coins are in circulation?
There are currently 7.62M NMR in circulation. Numeraire has a maximum supply of 11.00M NMR, meaning no more than this amount will ever exist.
