After several months of steep acceleration, November reads as a month of consolidation for the Nexus proving network. Some indicators — like total transactions and verified contracts — continued their upward climb, while others, including block time and proof throughput, pulled back from October’s highs.
Taken together, the story of November is one of resilience, signal, and refinement in the push toward a fully verifiable internet.
Network activity and reliability
Nexus continued to process high volumes of activity while maintaining near-perfect reliability:
Total transactions: 87.198 million
Completed transactions: 87.038 million
The gap between initiated and completed transactions remains extremely small, underscoring the network’s ability to carry real workloads with minimal failure.
Every successfully completed transaction is a verified commitment — evidence that, even in a period of adjustment, the network preserves integrity and correctness.
Proof throughput
Proof generation remains the core engine of trust in the Nexus architecture. In November:
Proofs submitted per second: declined from 5,810 per second to 4.16 per second over 30 days.
After October’s rapid surge in proofs-per-second, November reflects a normalization toward a more stable baseline. As workloads evolve, this metric will remain one of the clearest windows into how effectively Nexus can secure large-scale, compute-heavy tasks.
Verified contracts
Even as latency increased and proofs-per-second moderated, the developer trust layer continued to strengthen:
Total verified contracts: 2.548 million
This growth in verified contracts is one of November’s most encouraging indicators. Each contract represents code that has been surfaced, inspected, and anchored in a verifiable environment. The fact that this number continued to rise in a month of consolidation shows that builders remain committed to Nexus as their proving backbone, and that the ecosystem of verifiable applications is deepening regardless of short-term performance fluctuations.
The cost of verifiability
Transaction fees: 0.048 NEX in the last 24 hours
Fees remained low in November, keeping the cost of verifiability accessible for both developers and users. After October’s higher-fee environment, this return to a lighter fee profile suggests an open runway for experimentation and onboarding — especially for teams exploring new use cases that demand frequent onchain interaction and proof generation.
As the network scales, maintaining this balance between demand, throughput, and affordability will be critical to preserving broad participation.
Reading the signals
November’s metrics highlight a network that is learning under load:
Reliability stayed high, with completed transactions closely tracking total transactions.
Verified contracts continued to compound, indicating durable developer confidence.
Fees remained low, preserving accessibility and room for experimentation.
Rather than telling a story of linear growth, November offers something more nuanced: a view into how a proving network behaves after a phase of rapid expansion.
Looking ahead
As Nexus moves beyond November, the mandate is clear: absorb the lessons from this period of consolidation and translate them into a more responsive, higher-throughput proving layer, without sacrificing the distribution and transparency that define the network.
