The Nereus team began operations, initially developing a cross-chain lending and borrowing protocol on the Avalanche network, originating as an internal project at Wirex.

The original Nereus Protocol became the first project on the Avalanche network to integrate the Lossless Aegis security framework for exploit mitigation.

The protocol suffered a flash loan attack where an attacker manipulated a price oracle, leaving the protocol with approximately $371,000 in bad debt.

Following a pivot to the Polygon network, Nereus Finance launched its derivatives exchange with prediction markets offering up to 50x leverage on instruments like the US Presidential Election.

The platform unveiled its DAO governance structure and Nereus Points airdrop campaign to distribute the NRS token and incentivize user participation.

The Nereus team began operations, initially developing a cross-chain lending and borrowing protocol on the Avalanche network, originating as an internal project at Wirex.

The original Nereus Protocol became the first project on the Avalanche network to integrate the Lossless Aegis security framework for exploit mitigation.

The protocol suffered a flash loan attack where an attacker manipulated a price oracle, leaving the protocol with approximately $371,000 in bad debt.

Following a pivot to the Polygon network, Nereus Finance launched its derivatives exchange with prediction markets offering up to 50x leverage on instruments like the US Presidential Election.

The platform unveiled its DAO governance structure and Nereus Points airdrop campaign to distribute the NRS token and incentivize user participation.