Nexus Mutual Announces New Protocol Covers and Partnerships
Nexus Mutual Announces New Protocol Covers and Partnerships
🔒 New Covers Unlocked!

Nexus Mutual, a decentralized insurance platform, has announced several new protocol covers and partnerships. Yearn v3 and Yearn Juiced Vaults are now live on OpenCover, allowing users to safeguard their assets on Yearn Finance with Nexus Mutual and save on gas fees. Additionally, Nexus Mutual has listed covers for Velodrome v2, Gearbox v3, and Etherfi Liquid's bundled protocols, enabling users to protect their assets across various DeFi platforms. These new offerings aim to provide users with peace of mind and confidence when earning in DeFi by mitigating smart contract risks.
🛡️ NEW COVERS LISTED 🛡️ Yearn v3 and Yearn Juiced Vaults are live on OpenCover! Safeguard your assets on @yearnfi with @NexusMutual, and save $100+ on gas fees. More good news, Yearn frens get their first cover for free! 👉 opencover.com/yearn (up to $10,000 per person)
🛡️ NEW COVER LISTED 🛡️ @GearboxProtocol is now live on OpenCover! Make sure your assets are safe on Gearbox v3 with @NexusMutual, and save $50+ on gas fees. Get your first cover for free, courtesy of OpenCover — up to $10,000 in protection!👇 opencover.com/gearbox (1/3)
🛡️ NEW COVER LISTED 🛡️ @VelodromeFi is officially available on OpenCover! Keep your assets safe on Velodrome v2 with @NexusMutual — enjoy lower gas fees on L2. Find out more and get your first cover for free (up to $10,000 protected). 👉 opencover.com/velodrome
Safeguard your $GHO deposits in @GearboxProtocol's Passive Earn market with Protocol Cover 🛡️ Don't let risk hold you back from earning on your $GHO ➡️ Gearbox v3 Protocol Cover: app.nexusmutual.io/cover/buy/get-… ➡️ Gearbox v3 Protocol Cover available on L2s: opencover.com/app/?invite=Ne…
Used my $GHO airdrop to ape into @GearboxProtocol and earn an additional 51% yield. Pls don't dilute my yield frens.
Earning on your $GHO in Gearbox v3? Protect yourself against smart contract risk with Protocol Cover 🛡️ ➡️ Gearbox v3: app.nexusmutual.io/cover/buy/get-…
Now earn boosted GHO yields on Gearbox with 15,000 GHO to be distributed to lenders over the next 2 weeks. Made possible by @GHOAave and @Token_Logic. 👻 Currently, that's 78.6% APY when you passively supply to Gearbox's GHO lending pool: app.gearbox.fi/pools ⚙️🧰
🛡️ NEW COVER LISTED 🛡️ @GearboxProtocol is now live on OpenCover! Make sure your assets are safe on Gearbox v3 with @NexusMutual, and save $50+ on gas fees. Get your first cover for free, courtesy of OpenCover — up to $10,000 in protection!👇 opencover.com/gearbox
We've got you covered 🛡️ Buy Gearbox v3 Protocol Cover to protect your deposits in the Passive Earn markets & earn with peace of mind 🤝 ➡️ Buy in the Nexus Mutual UI app.nexusmutual.io/cover/buy/get-… ➡️ Buy on L2s through @OpenCoverDeFi opencover.com/app/?invite=Ne…
Depositing $DAI or $GHO into Gearbox v3? $GHO buy Gearbox v3 Protocol Cover to earn with peace of mind knowing you're covered against the biggest risks in DeFi 🛡️ ➡️ Buy in the Nexus Mutual UI app.nexusmutual.io/cover/buy/get-… ➡️ Buy on L2s through @OpenCoverDeFi opencover.com/app/?invite=Ne…
GHO and DAI pools are now live with $GEAR rewards, currently generating over 100% in yield. Supply to let your stables do the earning for you without any IL, fee or lockup: app.gearbox.fi/pools/ ⚙️🧰
Nexus Mutual Expands Coverage to New Morpho Vaults Across Multiple Networks

Nexus Mutual has updated its Blue Chip Morpho Vaults listing with new markets across multiple networks including Ethereum, Base, Unichain, World Chain, and Corn. Key additions include: - MEV Capital PTs Vault (Ethereum) - OpenEden USDC Vault (Base) - Xlend USDC Vault (Base) - Multiple USDC & WETH vaults on various chains Coverage protects against: - Smart contract hacks - Oracle failures/manipulation - Liquidation failure - Governance attacks Single market coverage quotes available at [nexusmutual.io/contact](https://nexusmutual.io/contact) View full vault listing in the updated [Annex](https://api.nexusmutual.io/ipfs/QmdLGjtKDELJTBjiHjpgKurPZgJn1qkC73m54rM3po3cdv)
DeFi Pulse Hosts Open Forum on Crypto Law and Legal Risks
DeFi Pulse is organizing an Open Forum focused on critical legal challenges in the crypto space. The session will cover: - Legal gray areas in DeFi protocols - Enforcement of smart contract code - Key court cases affecting the industry - Specific risks for yield aggregator platforms The forum brings together crypto lawyers, builders, and community members to discuss legal exposure and compliance strategies. [Join the discussion live](https://www.youtube.com/watch?v=BySsF3LwiQI).
OpenCover Enhances Base Pass DeFi Protection
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/)
Nexus Mutual DAO Offers $600,000 in Grants
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!*
This Week in DeFi: Slow Start to Uptober
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.