Insurance coverage active
Cap (cUSD / stcUSD)'s assessment for RD-F-089 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
OpenCover integrated with the Cap Money dApp enables users to purchase Nexus Mutual cover when minting cUSD, stcUSD, or Pendle YT/PT positions (confirmed by Nexus Mutual January 2026 monthly blog). This is user-purchasable cover, not a protocol-level aggregate coverage. Aggregate cover size was not confirmed to meet >=5% of TVL ($342M x 5% = $17.1M minimum for green). No Sherlock protocol-level aggregate coverage (distinct from the bug bounty) found. Yellow: coverage infrastructure is accessible to users but aggregate protocol-level cover size unconfirmed.
Sources #
- URLNexus Mutual Monthly — January 2026Nexus Mutual January 2026 monthly update — OpenCover/Cap Money integration confirmedretrieved 2026-05-17
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 →