Nexus Mutual Offers Bundled Protocol Cover for DeFi Platforms

๐Ÿ”’ Secure Your DeFi Yields

By Nexus Mutual
Apr 22, 2024, 5:46 PM
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Nexus Mutual has listed several new Bundled Protocol Cover offerings in its user interface, providing protection against smart contract risks across multiple DeFi protocols.​ These bundled covers safeguard users from potential exploits, hacks, oracle failures, governance attacks, and severe liquidation failures.​ The covered protocols include Pendle, EigenLayer, Etherfi, Swell, Renzo, KelpDAO, Kwenta, and Synthetix.​ Users can purchase a single Cover NFT to protect against risks across three associated protocols.​ Nexus Mutual aims to make DeFi safer by mitigating smart contract risks for users engaging with these platforms.​

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If you're an LP or a PT holder for the $eETH maturity on @pendle_fi, we've got you covered across the full-stack of risk with Bundled Cover! This Bundle protects against smart contract risk across EigenLayer, Etherfi + Pendle ๐Ÿ›ก๏ธ ๐Ÿ”น Etherfi Bundle: v2.nexusmutual.io/cover/product/โ€ฆ

BraveNewDeFi
BraveNewDeFi
@BraveDeFi

Higher points upside as $eETH LPs in this market, but LP yields are lower than $eETH (Zircuit) market which comes w/ added smart contract risk ๐Ÿค” Maturity ๐Ÿ”น 77 days PT Fixed Yield ๐Ÿ”น 36.05% LP APY (Fixed Yield, Trading Fees, Points) ๐Ÿ”น 41.2% Review ๐Ÿ‘€ app.pendle.finance/points/eETH

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Whether you're an LP or a PT holder for the $rswETH maturity on @pendle_fi, we've got you covered across the full-stack of risk with Bundled Cover! This Bundle protects against smart contract risk across EigenLayer, Swell + Pendle ๐Ÿ›ก๏ธ ๐Ÿ”น Swell Bundle: v2.nexusmutual.io/cover/product/โ€ฆ

BraveNewDeFi
BraveNewDeFi
@BraveDeFi

For Swell's $rswETH market, the highest available yields are for LPs with great PT yields, as well. Great choices in this market ๐Ÿ‘€ Maturity ๐Ÿ”น 77 days PT Fixed Yield ๐Ÿ”น 53.56% LP APY (Fixed Yield, Trading Fees, Points) ๐Ÿ”น 62.48% Review ๐Ÿ‘€ app.pendle.finance/points/rswETH

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Jumping into a new Fixed Yield maturity or liquidity pool on Pendle? We've got you covered with bundled cover that protects against smart contract risks across multiple protocols ๐Ÿ›ก๏ธ ๐Ÿ”น KelpDAO Bundle: app.nexusmutual.io/cover/buy/get-โ€ฆ ๐Ÿ”น Etherfi Bundle: app.nexusmutual.io/cover/buy/get-โ€ฆ

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Pendle
Pendle
@pendle_fi

Wen more LRT on @Arbitrum? Now more LRT on Arbitrum! Welcoming 2 new additions to our Arbitrum lineup: ๐Ÿ”น @ether_fi eETH (June 2024 maturity) ๐Ÿ”น @KelpDAO rsETH (June 2024 maturity)

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Read more about Nexus Mutual

๐Ÿ›ก๏ธ Digital Asset Risk Management Panel at DAF Global

๐Ÿ›ก๏ธ Digital Asset Risk Management Panel at DAF Global

A panel discussion on risk management for digital assets is taking place at DAF Global. **Featured Speakers:** - Hugh Karp (Nexus Mutual) - Simon Peters (Xerberus) - Laeeq Shabbir (EY) - Darren Jordan (Komainu Custody) - Josรฉ รngel Fernรกndez Freire (Prosegur Global) The panel focuses on strategies and practices needed for long-term survival in the digital asset space, covering institutional-grade risk management approaches.

Nexus Mutual Reports Strong January with Product Milestones and Risk Management Focus

Nexus Mutual Reports Strong January with Product Milestones and Risk Management Focus

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๐Ÿฆ Vaults Emerge as Core DeFi Infrastructure

**Vaults have become essential DeFi infrastructure**, according to TokenData's primer from Nexus Mutual's DeFi Risk Briefing. **Key context:** - Nexus Mutual provided over $1B in cover during 2025 - $5.5M+ in premiums earned by underwriters - $370K distributed in claims to covered members in 2025 - Total claims paid since 2019: $18.6M+ **Recent developments:** - Launch of Nexus Mutual v3 with expert-led claims and reworked governance - Introduction of Real World Insurance Vault (RWIV) - Focus on institutional DeFi adoption and vault risk management The briefing covered vault mechanics, recent hacks, claims processing, and institutional adoption trends. Vaults now handle complex backend operations including tokenization, multi-protocol strategy execution, and continuous risk managementโ€”far beyond simple deposit-reward-withdraw models. [Watch the vault primer](https://www.youtube.com/live/dD2S-CXlXCw?si=THW2wUsGU7OetJvL&t=1260)

Nexus Mutual Highlights Recent Vault-Related Claim Payouts in New Analysis

Nexus Mutual has released a breakdown of recent claim payouts connected to vault-related loss events. The analysis, presented by TokenData, demonstrates the protocol's track record of processing and paying claims. **Key Points:** - Focus on vault-related incidents and associated payouts - Part of Nexus Mutual's ongoing transparency efforts - Adds to the protocol's $18m+ in total claims paid since 2020 The update reinforces Nexus Mutual's position as an active claims payer in the crypto insurance space, with documented payouts across multiple incidents including bZx, Yearn, Cream Finance, and FTX-related events. For detailed claims data, visit their [documentation](https://docs.nexusmutual.io/overview/claims-history/) or [Dune dashboard](https://dune.com/nexus_mutual/claims).

OpenCover Launches Onchain Risk Map: New Framework for DeFi Risk Assessment

OpenCover Launches Onchain Risk Map: New Framework for DeFi Risk Assessment

OpenCover has released the **Onchain Risk Map**, a comprehensive framework designed to help institutions understand and categorize blockchain risks. **Key Details:** - Built in collaboration with Nexus Mutual - First complete taxonomy of DeFi risks - Targets risk professionals, protocols, and institutional users - Launch webinar scheduled for February 11 at 17 CET The tool aims to standardize how blockchain risk is understood and managed across the industry. A full report and expert Q&A session will accompany the launch. [Join the launch webinar](https://opencover.com) for priority access and recording.

DeFi