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Nexus Mutual
Nexus Mutual is a decentralized insurance alternative on Ethereum where members buy cover against smart contract hacks, custody failures, and depeg events.
71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
Current stage: Seed8 current maintainers7 active leads3 new active leads4 lead step-downs4 early lead departures
Maintainer signals as of Aug 10, 2026
Description
Cover products span single and multi-protocol protection, ETH slashing, custody failure, depeg events, and fund portfolio coverage for both individual and institutional users. Members stake NXM to underwrite cover capacity and earn a share of premiums, while a decentralized assessment process governs claim outcomes. The protocol operates as a discretionary mutual governed by NXM holders through onchain proposals and Snapshot voting.Grant Funding
VC Funding
None
2018
2021
$0
$5.9M
Open Roles
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