Back to Organizations
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
Nexus Mutual
Project Links
Description
Nexus Mutual is a decentralized discretionary mutual deployed on Ethereum where members pool capital to provide and share risk coverage. Members purchase cover against smart contract exploits, oracle failures, governance attacks, liquidation failures, custody failure, and validator slashing across EVM-compatible networks. Available cover types include Single Protocol Cover, Multi Protocol Cover, DeFi Pass Cover, Native Protocol Cover, Fund Portfolio Cover, ETH Slashing Cover, Quota Share Cover, and Crypto Kidnap & Ransom Cover for physical security risks. Members stake NXM to underwrite cover capacity, earn a share of premiums, and participate in decentralized claims assessment. Capital pool assets, claims history, and cover purchases are transparent onchain.Category: Onchain Insurance
TVL: $84M
Chains:
Real World Insurance Vault
Project Links
Description
The Real World Insurance Vault (RWI Vault) is an Ethereum-based vault that allows approved sophisticated investors to earn yield on USDC deposits. Capital is deployed off-chain to provide solvency capital and reserves backing regulated insurance policies. The vault uses the ERC-7540 standard and issues RWIV tokens, which accrue value at a fixed Baseline Yield over time. Additional bonuses are available for longer lock-up periods. Nexus Mutual Cover protects the fixed Baseline Yield, and the Mutual participates in excess returns through a profit share mechanism. Deposits are designed for capital commitments of approximately 18 to 24 months, matching typical insurance product cashflow timelines.Category: Offchain Insurance