# Tokens and Bridges

#### $NEX

$NEX is the native token of the Nexus blockchain. Gas is paid in $NEX. 

$WNEX is the wrapped ERC-20 version of $NEX on the Nexus Blockchain.

On Ethereum, $NEX also exists as an ERC-20. 

#### USDX *(In Development)*

USDX will be the margin and quote currency of the Nexus Exchange. 

Traders will use USDX to open positions and settle trades.

USDX is in development in collaboration with M0 Protocol.

#### Bridging

$NEX will move between Nexus, Ethereum and Binance Smart Chain (BSC) via the canonical NEX bridge. 

A Hyperlane Warp Route is available from Ethereum Mainnet to Binance Smart Chain (BSC). NEX is locked on Ethereum and a synthetic NEX is minted on BSC (and vice versa).


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