| Unlock | 10/10 |
| Tokenomics | 8/10 |
| Insider | 6/10 |
| Onchain | 5/10 |
| Dev Activity | 1/10 |
| Revenue | 5/10 |
| Institutional | 6/10 |
| Etf | 3/10 |
| Market Structure | 5/10 |
| Security | 8/10 |
Nexo has continued its regulatory expansion, now compliant across 45+ jurisdictions following the resolution of its earlier Bulgarian regulatory issues, and has layered institutional custody services onto its retail lending and earn products since Q4 2025. Assets under management were reported near $2.8B as of March 2026, up roughly 40% year-over-year, reflecting renewed demand for centralized yield and credit products. The platform's monthly token buyback-and-burn program has removed roughly 15M NEXO from circulation since 2024, a continued deflationary lever for holders. Revenue is still primarily driven by lending spreads and management fees on custody/earn products, which ties Nexo's fundamentals closely to crypto credit-market conditions; regulatory risk (despite recent resolutions) and counterparty/custody risk remain the key concerns for a centralized lending platform.