Nexo vs. Anchor
Compare key details of Nexo and Anchor side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Nexo | Anchor | |
|---|---|---|
| Supported Stablecoins | USDC, USDT, DAI, TUSD | UST (Terra), USDC, USDT |
| APY Range (%) | 6%–12% | 3%–20% |
| Fees | None | None |
| Lock-Up Options | Flexible/Fixed Terms | Flexible |
| Security Measures | Cold storage, insurance, regulated compliance | Audited smart contracts |
| Interest Payout Frequency | Daily | Continuous (real-time) |
| Availability | Global | Global (DeFi) |
| Minimum Deposit | No minimum | No minimum |
| Maximum Coverage/Protection | $100M+ through Lloyds of London | No insurance (DeFi protocol) |
| Notable Features | High liquidity, easy withdrawals | Algorithmic stablecoin yields, Terra ecosystem |
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