Insurance coverage active
ether.fi'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 #
Nexus Mutual partnership enables users to purchase bundled smart contract cover (EigenLayer + ether.fi + Pendle; ether.fi Liquid Bundled). However, no protocol-level cover contract or dedicated insurance fund has been identified. Cover capacity is distributed across individual purchasers, not a protocol-wide backstop. $300K Immunefi max payout = 0.006% of $5.13B TVL. Nexus Mutual total capacity well below $5B. Per process-learnings: 'Insurance gap (F089) is near-default red for large protocols.' Red confirmed.
Sources #
- URLImmunefi: ether.fi Bug Bounty ProgramImmunefi bug bounty program (max $300K payout vs $5.13B TVL)retrieved 2026-04-28
- ether.fi: Coverage — Nexus Mutual partnershipsether.fi coverage partnerships pageretrieved 2026-04-28
- Nexus Mutual Capital Pool: 6,784 ETH allocated to ether.fiNexus Mutual capital pool allocation to ether.fi blog postretrieved 2026-04-28
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 →