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Nexus Mutual

Nexus Mutual

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Category: Insurance
TVL: $195M

Nexus Mutual

Nexus Mutual is a decentralized insurance alternative that offers protection for crypto assets against various risks, including smart contract hacks, custody failures, slashing, and depegging. Serving both individuals and institutions since 2019, with notable clients like Edge Capital, Dialectic, and Fasanara Digital, the platform emphasizes quick claim payments, transparency with on-chain verifiable data, a substantial asset pool of over $100M, and the ability to create bespoke coverage solutions. Nexus Mutual also provides a protocol that enables integrations for selling on-chain cover. Developers can integrate a buy-cover flow into their user interfaces, including Point-of-Sale (PoS) solutions, and earn a commission on sales. To facilitate these integrations, Nexus Mutual provides a developer SDK (@nexusmutual/sdk).
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Funding Rounds

Funding Round: Unknown
Funding Date: 16 Feb, 2021
Raised Amount: $2.7M
Funding Round: Seed
Funding Date: 4 Apr, 2018
Raised Amount: $260K

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