Insurance coverage active
Chainlink CCIP's assessment for RD-F-089 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No active protocol-level insurance coverage found for Chainlink CCIP on Nexus Mutual, Sherlock, or Unslashed. At approximately $7B value-secured (Coinbase wrapped assets alone per 2025-12-11 announcement), no proportional cover exists. Nexus Mutual operates smart contract cover for individual user policies and integration partnerships with Chainlink (oracle data feeds for claims), but does not list CCIP as a covered protocol in its protocol cover listings. Sherlock is an audit-focused coverage program; no Chainlink CCIP listing found. This is near-default red for large-TVL bridge protocols per process-learnings: insurance at this scale does not exist in the DeFi insurance market.
Sources #
- URLCoinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped TokensCoinbase selects Chainlink CCIP as exclusive bridge for approximately $7B in wrapped assets - value-secured anchor cited for insurance gap assessmentretrieved 2026-05-16
- Nexus Mutual - Crypto Insurance AlternativeNexus Mutual protocol cover documentation - no CCIP listing found in protocol cover productsretrieved 2026-05-16
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 →