defirisk.co
rubric v1.7.0

Insurance coverage active

BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-089 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

DeFi insurance providers (Nexus Mutual, Sherlock, Unslashed) do not offer coverage for permissioned institutional security tokens. Factor is structural N/A-in-practice for this protocol type — the taxonomy lacks a formal carve-out for RWA issuers. BNY Mellon custody is a TradFi custodian arrangement. Curator note: scored gray not red per ops-history-analyst methodology issue flag.

Sources #

  • URL
    https://immunefi.comretrieved 2026-04-26
  • URL
    https://app.nexusmutual.ioretrieved 2026-04-26

Methodology #

Determine whether active coverage on Nexus Mutual, Unslashed, Sherlock, or equivalent is in force; record cover size in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-089 score gray collected_at 2026-05-12 09:40:42