About NX8
Written By Nansen Intern
Last updated About 7 hours ago
What is NX8?
NX8 is a tokenized Layer-1 index that provides diversified exposure to eight major blockchain networks: BTC, ETH, SOL, BNB, TRON, HYPE, AVAX, and SUI. It's built and operated by OpenDelta using institutional-grade infrastructure.
NX8 represents exposure to the Layer-1 networks that power real crypto use cases—payments, DeFi, derivatives, RWAs, and store of value.
Who built NX8?
NX8 is built and operated by OpenDelta.
Nansen's role is strategic partnership - running validators that stake the underlying assets, informing index construction with onchain analytics, and bootstrapping the product with our community.
What role does Nansen play in NX8?
Our involvement to NX8 includes:
Validator operations: Running validators that stake the assets backing the index
Index intelligence: Informing index construction with our onchain analytics (500M+ labeled addresses)
Community benefits: Users can earn Nansen Points by holding, trading, or providing liquidity with NX8
Strategic partnership: Co-creating the protocol with OpenDelta
No specific timeline to share—this is a long-term, selective initiative.
Can users trade NX8 on Nansen?
Yes, users trading NX8 will stack Nansen Points.
Do I need to hold Nansen Points to buy NX8?
Anyone can trade NX8 on Solana (via Jupiter, Orca). As a Nansen user, however, you get the added benefit of stacking Points from holding and trading NX8.
Is NX8 audited?
The protocol infrastructure is built by OpenDelta using battle-tested infrastructure that already powers their OG30 product.
Security features include:
Institutional custody (Anchorage, Hex Trust)
MPC framework (ForDefi)
Real-time verification (Accountable)
Regular security reviews and updates
Specific audit reports will be published by OpenDelta as they become available.
What networks are included in NX8?
NX8 tracks eight leading Layer-1 networks:
BTC (Bitcoin)
ETH (Ethereum)
SOL (Solana)
BNB (BNB Chain)
TRON
HYPE (Hyperliquid)
AVAX (Avalanche)
SUI
These networks were selected based on their relevance to core onchain applications: stablecoin payments, derivatives trading, DeFi, RWAs, and store of value.
Does the index composition change over time?
Yes. The composition is dynamic and reviewed every six months to reflect changes in the market.
Networks may be added, removed, or reweighted based on:
Long-term relevance and performance
Changing market conditions
Emergence of new L1s with proven traction
This ensures NX8 continues to represent the winning Layer-1s that capture users, developers, and value over time.
Where can I get NX8?
You can trade NX8 directly in Nansen AI (both web and mobile).
Can I trade NX8 on Nansen?
Yes. Once NX8 is available on Solana, you can trade it through Nansen's integrated trading experience on both web and mobile.
Do I need to hold Nansen Points to buy NX8?
No. Anyone can trade NX8 on Solana.
However, as a Nansen user, you get the added benefit of stacking Nansen Points from:
Holding NX8 (5x multiplier in Season 03)
Trading NX8 in Nansen (2x multiplier in Season 03)
As a Nansen user, what do I need to get started?
To buy and hold NX8:
A Solana wallet (eg: Nansen Wallet)
SOL for transaction fees
USDC or other tokens to swap for NX8
To earn Nansen Points with NX8:
Connect your wallet
Hold minimum $50 of NX8
Earn points in two ways:
Holding: Points accrue hourly from Monday to Sunday and are distributed the following Tuesday at 10:00 UTC. (Note: Holding Points apply to NX8 held in any Solana wallet, including the Nansen Wallet.)
Trading: Points are calculated from NX8 trades executed within Nansen (using the Nansen Wallet) from Monday to Sunday and are distributed the following Tuesday at 10:00 UTC.
Is there a minimum holding requirement?
For buying or holding NX8 — No minimum applies. You can buy and hold any amount of NX8, although gas fees may make very small transactions inefficient.
For earning Nansen Points —Yes. You must hold at least $50 worth of NX8 to be eligible for Nansen Points.