Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
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ether.fi Partners with Nexus Mutual to Protect Against ETH Slashing at Institutional Scale
🙏 Special thx to @kpk_io for sponsoring us! 🛡️ Depositors can now add onchain cover to their KPK curated vaults. 💡 Cover is opt-in through @OpenCover Covered Vaults, underwritten by @NexusMutual. 👊 Earn yield with 7 covered vaults by KPK on @Morpho. https://x.com/kpk_io/status/207523471143011
RT @TreehouseFi: 9️⃣ tETH Cover on Nexus Mutual The availability of @NexusMutual cover added another risk management pathway for tETH use…
We just crossed a major milestone: $7 billion covered 🎉🎉🎉 We're honored that so many people, protocols & institutions trust us to be their partner to manage onchain risk A big thank you to all of the mutual and team members who made this possible! https://nexusmutual.io/blog/no-one-covers-more
RT @RTB_io: WATCH: Nexus Mutual's Ralf Turner says institutional investors entering crypto are driving demand for onchain insurance against…
Beyond Yield is DIA's podcast diving into the state of DeFi with founders and builders actually building it. Watch episodes with Steakhouse, Upshift, Yearn, Pendle, Centrifuge, Particula, and Nexus Mutual. New episodes are dropping soon. https://t.co/xJLFnfWZaK
Tori's Cores program is live and worth a look. A few things that stand out: 1. Pre-deposit (the first $50M) gets 2x Cores — the highest boost there will ever be. You earn full yield AND accrue Cores simultaneously. 2. Institutional-grade yield setup — delta-neutral strategies targeting 16.73% APY
Leveraged Liquidation Coverage has quietly grown into one of Nexus Mutual's bigger coverage lines. Specifically designed for looping trades. You get a payout if the position is liquidated.
THE STREET: Nexus Mutual wants to be the insurance policy your crypto never had
DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native