Numeraire NMR

What NMR actually is on-chain

Numeraire is an ERC-20 deployed on Ethereum, at contract address 0x1776e1f26f98b1a5df9cd347953a26dd3cb46671. That address, not the ticker NMR, is what uniquely identifies this asset: anyone can deploy a second token calling itself NMR, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, NMR is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in NMR itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For NMR the project publishes a whitepaper, a public source repository and an active account as @numerai. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where NMR sits in the market

#430 places Numeraire in the lower mid-cap band. At this end of the mid-cap band listing status is not a fixed property. Exchanges review names like NMR on volume grounds, and a delisting notice repricing the asset faster than any chart pattern is a more realistic tail risk than anything in the indicator set.

CryptoPingAi is currently streaming 5 live NMR order books (Binance, OKX, Gate.io, HTX, Bithumb). That is coverage in line with a #430 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

NMR against its all-time high

NMR trades 90.2% below its $93.15 record (on 2021-05-16), which puts a 10.2x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

NMR across its historical range

The recorded range runs 45.2x, from $2.06 to $93.15 — wide by the standards of traditional assets, moderate for this one's class.

NMR trades roughly 4.42x above its record low of $2.06 (on 2018-11-27). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

NMR supply structure

NMR is capped at 11.0 million NMR, of which only 7.0 million is circulating — 64.0% issued, leaving 4.0 million still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset NMR is

Numeraire is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files NMR under 6 categories, including Decentralized Finance (DeFi), Analytics, Ethereum Ecosystem, Paradigm Portfolio, DragonFly Capital Portfolio. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: NMR appears in the Paradigm portfolio.

How to set a Numeraire alert that is worth receiving

Numeraire is the ERC-20 at 0x1776…6671 on Ethereum — quoted on 5 venues we stream — high dated 2021-05-16 — rank #430. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →