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Numeraire (NMR) is an Ethereum-based token used within the Numerai data science tournament ecosystem, where it functions as a staking mechanism for quantitative model submissions. Users commonly swap NMR to enter or exit positions tied to tournament participation, or to consolidate holdings across portfolios. Because NMR runs exclusively on Ethereum, all swaps involve ERC-20 transfers and are subject to network conditions on that chain.
Before swapping NMR, confirm your receiving wallet or platform supports ERC-20 tokens on the Ethereum network — NMR is not available on any other chain, so sending to an address on a different network will result in loss of funds. Ethereum network congestion can cause confirmation times to vary, so factor that in if you have time-sensitive needs. Double-check that the destination address is an Ethereum-compatible address; the standard 0x format applies. Zest shows you the expected output amount before you confirm, so review the rate and destination details carefully on that screen before proceeding.
Ethereum
Numeraire (NMR) is a cryptocurrency and operates on the Ethereum platform. Numeraire has a current supply of 10,631,905.84054482 with 7,490,700.68965153 in circulation. The last known price of Numeraire is 9.72667137 USD and is up 2.54 over the last 24 hours. It is currently trading on 248 active market(s) with $7,946,104.08 traded over the last 24 hours. More information can be found at https://numer.ai/.
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