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rubric v1.7.0

Insurance coverage active

Euler V2'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 #

Active Nexus Mutual cover for Euler V2 confirmed: 'Euler v2 Vaults + Markets' listed in YO ETH Vault Multi Protocol Cover annex (15% sublimit) and in Elite Cover documentation. Coverage against smart contract hacks, oracle failure, oracle manipulation, liquidation failure, governance takeovers. Cover size for V2 not explicitly quantified relative to $380M TVL. Scored yellow: coverage exists and is active, but size relative to TVL not confirmable. V1 Nexus Mutual claim: $2.4M paid (2023). V1 Sherlock claim: $4.5M paid (Sherlock accepted responsibility for audit failure).

Sources #

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 euler-v2 factor RD-F-089 score yellow collected_at 2026-05-04 19:56:06