New Protocol Cover Listing: Notional v3

**Nexus Mutual has integrated with restaking specialist Symbiotic** to address one of crypto's biggest challenges: scalable insurance infrastructure. **Key benefits of the partnership:** - Access to additional restaked underwriting capital - Expanded coverage capacity across more protocols and asset classes - New deployment opportunities for Symbiotic stakers **The timing aligns with growing institutional DeFi adoption**, as investors demand larger-scale risk coverage solutions. *"We're making sure our onchain cover solutions can fit the needs of any institutional investor or protocol,"* said Hugh Karp. This partnership represents a **major step toward solving crypto's persistent reinsurance infrastructure gap**. [Read the full CoinDesk article](https://www.coindesk.com/business/2025/11/19/defi-insurance-alternative-nexus-mutual-integrates-restaking-specialist-symbiotic)

OpenCover has updated their Base DeFi Pass, enhancing security for DeFi activities on Base network. Key features include: - Protection against hacks, smart contract bugs, and protocol failures - Coverage for 9 major protocols including Aerodrome, Beefy, Uniswap - Partnership with Nexus Mutual for comprehensive coverage Base creator Jesse Pollak endorsed the pass in CoinDesk, highlighting its role in building user confidence. The platform offers a free 30-day trial covering up to $10,000 in protection per user. Learn more: [Base DeFi Pass](https://opencover.com/basepass/)

The Nexus Mutual DAO has announced nearly $600,000 in available grants. This significant funding opportunity is open for applications, with details on the Request for Proposals (RFPs) and application process available on their website. Key points: - Almost $600,000 in grants available - Open RFPs for various projects - Application process detailed on NexusMutualDAO website **How to apply:** 1. Visit https://nexusmutualdao.io/grants-program 2. Review open RFPs 3. Submit your application *Interested in contributing? Check out the program and see if your ideas align with their current priorities!*

International tensions led to a bearish start for crypto this week, with ETH facing additional pressure from decreased L1 activity and fees. Key developments: - SWIFT to trial digital asset transactions with banks in 2025 - Synthetix community approves major governance change - EigenLayer token debuts with $7B valuation - FTX creditors approve reorganization plan - Solana DEX volumes surpass Ethereum again - Japan to review crypto financial regulations Despite the slow start, the DeFi ecosystem continues to evolve with significant governance changes, new token launches, and regulatory developments shaping the landscape.

Nexus Mutual, a decentralized insurance alternative, is preparing to launch Bitcoin-denominated cover options. This development aims to expand their services to cater to the Bitcoin community. Key points: - BTC-denominated cover coming soon to Nexus Mutual - More information available in the Request for Comments (RFC) - RFC discusses onboarding cbBTC as a capital pool asset Interested parties can find detailed information in the RFC posted on the Nexus Mutual forum. This move could potentially provide more diverse insurance options for Bitcoin holders. To learn more, visit the Nexus Mutual forum and review the RFC.